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SSAB AB (OHEL:SSABAH) E10 : €0.28 (As of Sep. 2024)


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What is SSAB AB E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

SSAB AB's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.092. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.28 for the trailing ten years ended in Sep. 2024.

During the past 12 months, SSAB AB's average E10 Growth Rate was 39.80% per year. During the past 3 years, the average E10 Growth Rate was 65.70% per year. During the past 5 years, the average E10 Growth Rate was 37.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of SSAB AB was 65.70% per year. The lowest was 7.10% per year. And the median was 62.80% per year.

As of today (2024-12-14), SSAB AB's current stock price is €4.172. SSAB AB's E10 for the quarter that ended in Sep. 2024 was €0.28. SSAB AB's Shiller PE Ratio of today is 14.90.

During the past 13 years, the highest Shiller PE Ratio of SSAB AB was 95.84. The lowest was 9.22. And the median was 34.62.


SSAB AB E10 Historical Data

The historical data trend for SSAB AB's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SSAB AB E10 Chart

SSAB AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.06 0.16 0.08 0.23

SSAB AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.23 0.25 0.27 0.28

Competitive Comparison of SSAB AB's E10

For the Steel subindustry, SSAB AB's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SSAB AB's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SSAB AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SSAB AB's Shiller PE Ratio falls into.



SSAB AB E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, SSAB AB's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.092/132.3043*132.3043
=0.092

Current CPI (Sep. 2024) = 132.3043.

SSAB AB Quarterly Data

per share eps CPI Adj_EPS
201412 -0.233 100.225 -0.308
201503 0.040 99.950 0.053
201506 0.024 99.995 0.032
201509 -0.039 100.228 -0.051
201512 -0.095 100.276 -0.125
201603 -0.019 100.751 -0.025
201606 0.057 101.019 0.075
201609 0.060 101.138 0.078
201612 0.003 102.022 0.004
201703 0.051 102.022 0.066
201706 0.088 102.752 0.113
201709 0.059 103.279 0.076
201712 0.032 103.793 0.041
201803 0.064 103.962 0.081
201806 0.124 104.875 0.156
201809 0.081 105.679 0.101
201812 0.066 105.912 0.082
201903 0.118 105.886 0.147
201906 0.092 106.742 0.114
201909 0.003 107.214 0.004
201912 -0.115 107.766 -0.141
202003 0.016 106.563 0.020
202006 -0.027 107.498 -0.033
202009 -0.069 107.635 -0.085
202012 0.032 108.296 0.039
202103 0.144 108.360 0.176
202106 0.309 108.928 0.375
202109 0.428 110.338 0.513
202112 0.516 112.486 0.607
202203 0.554 114.825 0.638
202206 0.734 118.384 0.820
202209 0.456 122.296 0.493
202212 -2.649 126.365 -2.774
202303 0.320 127.042 0.333
202306 0.327 129.407 0.334
202309 0.287 130.224 0.292
202312 0.166 131.912 0.166
202403 0.227 132.205 0.227
202406 0.215 132.716 0.214
202409 0.092 132.304 0.092

Add all the adjusted EPS together and divide 10 will get our e10.


SSAB AB  (OHEL:SSABAH) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

SSAB AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.172/0.28
=14.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of SSAB AB was 95.84. The lowest was 9.22. And the median was 34.62.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


SSAB AB E10 Related Terms

Thank you for viewing the detailed overview of SSAB AB's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


SSAB AB Business Description

Address
Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21
SSAB AB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB predominantly serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates majority of its revenue from Europe.

SSAB AB Headlines

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