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Autoliv (OSTO:ALIV SDB) E10 : kr60.82 (As of Mar. 2024)


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What is Autoliv 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.

Autoliv's adjusted earnings per share data for the three months ended in Mar. 2024 was kr15.825. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr60.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Autoliv's average E10 Growth Rate was 3.50% per year. During the past 3 years, the average E10 Growth Rate was 3.80% per year. During the past 5 years, the average E10 Growth Rate was 2.00% per year. During the past 10 years, the average E10 Growth Rate was 2.80% 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 Autoliv was 16.40% per year. The lowest was -0.20% per year. And the median was 3.75% per year.

As of today (2024-06-07), Autoliv's current stock price is kr1252.00. Autoliv's E10 for the quarter that ended in Mar. 2024 was kr60.82. Autoliv's Shiller PE Ratio of today is 20.59.

During the past 13 years, the highest Shiller PE Ratio of Autoliv was 23.31. The lowest was 7.21. And the median was 16.79.


Autoliv E10 Historical Data

The historical data trend for Autoliv'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.

Autoliv E10 Chart

Autoliv 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 52.20 42.36 45.90 57.61 57.11

Autoliv Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 56.79 58.96 60.40 57.11 60.82

Competitive Comparison of Autoliv's E10

For the Auto Parts subindustry, Autoliv'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.


Autoliv's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autoliv's Shiller PE Ratio distribution charts can be found below:

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



Autoliv 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, Autoliv's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15.825/132.2054*132.2054
=15.825

Current CPI (Mar. 2024) = 132.2054.

Autoliv Quarterly Data

per share eps CPI Adj_EPS
201406 5.950 100.432 7.832
201409 8.271 100.161 10.917
201412 12.588 100.225 16.605
201503 3.418 99.950 4.521
201506 12.811 99.995 16.938
201509 9.370 100.228 12.359
201512 17.837 100.276 23.517
201603 12.592 100.751 16.523
201606 13.951 101.019 18.258
201609 13.309 101.138 17.397
201612 15.376 102.022 19.925
201703 14.442 102.022 18.715
201706 12.757 102.752 16.414
201709 8.330 103.279 10.663
201712 6.043 103.793 7.697
201803 11.949 103.962 15.195
201806 3.784 104.875 4.770
201809 11.979 105.679 14.986
201812 -9.392 105.912 -11.724
201903 11.802 105.886 14.736
201906 11.761 106.742 14.567
201909 9.514 107.214 11.732
201912 16.790 107.766 20.598
202003 8.466 106.563 10.503
202006 -18.621 107.498 -22.901
202009 9.918 107.635 12.182
202012 17.981 108.296 21.951
202103 15.292 108.360 18.657
202106 9.992 108.928 12.127
202109 5.878 110.338 7.043
202112 11.907 112.486 13.994
202203 8.991 114.825 10.352
202206 9.132 118.384 10.198
202209 13.201 122.296 14.271
202212 18.673 126.365 19.536
202303 9.010 127.042 9.376
202306 6.569 129.407 6.711
202309 17.403 130.224 17.668
202312 27.798 131.912 27.860
202403 15.825 132.205 15.825

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


Autoliv  (OSTO:ALIV SDB) 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.

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

Shiller PE Ratio=Share Price/E10
=1252.00/60.82
=20.59

* 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 Autoliv was 23.31. The lowest was 7.21. And the median was 16.79.


Be Aware

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


Autoliv E10 Related Terms

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


Autoliv (OSTO:ALIV SDB) Business Description

Traded in Other Exchanges
Address
Klarabergsviadukten 70, P.O. Box 70381, Section B7, Stockholm, SWE, SE-107 24
Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 11% of 2022 revenue, with Stellantis accounting for 11% and Volkswagen 10%. At 34% of 2022 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 27%, China at 21%, and Japan at 8%.

Autoliv (OSTO:ALIV SDB) Headlines

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