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Assa Abloy AB (OSTO:ASSA B) E10 : kr10.13 (As of Sep. 2024)


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What is Assa Abloy 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.

Assa Abloy AB's adjusted earnings per share data for the three months ended in Sep. 2024 was kr3.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr10.13 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Assa Abloy AB's average E10 Growth Rate was 9.80% per year. During the past 3 years, the average E10 Growth Rate was 15.90% per year. During the past 5 years, the average E10 Growth Rate was 14.20% 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 Assa Abloy AB was 15.90% per year. The lowest was -1.20% per year. And the median was 8.00% per year.

As of today (2024-12-15), Assa Abloy AB's current stock price is kr341.70. Assa Abloy AB's E10 for the quarter that ended in Sep. 2024 was kr10.13. Assa Abloy AB's Shiller PE Ratio of today is 33.73.

During the past 13 years, the highest Shiller PE Ratio of Assa Abloy AB was 44.36. The lowest was 24.68. And the median was 33.50.


Assa Abloy AB E10 Historical Data

The historical data trend for Assa Abloy 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.

Assa Abloy AB E10 Chart

Assa Abloy 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 5.70 6.17 7.02 8.56 9.61

Assa Abloy 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 9.23 9.61 9.80 10.01 10.13

Competitive Comparison of Assa Abloy AB's E10

For the Security & Protection Services subindustry, Assa Abloy 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.


Assa Abloy AB's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Assa Abloy AB's Shiller PE Ratio distribution charts can be found below:

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



Assa Abloy 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, Assa Abloy 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)
=3.6/132.3043*132.3043
=3.600

Current CPI (Sep. 2024) = 132.3043.

Assa Abloy AB Quarterly Data

per share eps CPI Adj_EPS
201412 1.700 100.225 2.244
201503 1.450 99.950 1.919
201506 1.700 99.995 2.249
201509 1.860 100.228 2.455
201512 1.910 100.276 2.520
201603 1.470 100.751 1.930
201606 1.820 101.019 2.384
201609 1.910 101.138 2.499
201612 0.780 102.022 1.012
201703 1.730 102.022 2.244
201706 1.960 102.752 2.524
201709 1.940 103.279 2.485
201712 2.140 103.793 2.728
201803 1.770 103.962 2.253
201806 -2.900 104.875 -3.658
201809 2.150 105.679 2.692
201812 1.470 105.912 1.836
201903 2.000 105.886 2.499
201906 2.310 106.742 2.863
201909 2.430 107.214 2.999
201912 2.270 107.766 2.787
202003 1.680 106.563 2.086
202006 1.260 107.498 1.551
202009 3.990 107.635 4.904
202012 1.330 108.296 1.625
202103 2.030 108.360 2.479
202106 2.890 108.928 3.510
202109 2.150 110.338 2.578
202112 2.740 112.486 3.223
202203 2.570 114.825 2.961
202206 2.840 118.384 3.174
202209 3.200 122.296 3.462
202212 3.360 126.365 3.518
202303 2.440 127.042 2.541
202306 3.220 129.407 3.292
202309 3.050 130.224 3.099
202312 3.560 131.912 3.571
202403 3.110 132.205 3.112
202406 3.530 132.716 3.519
202409 3.600 132.304 3.600

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


Assa Abloy AB  (OSTO:ASSA B) 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.

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

Shiller PE Ratio=Share Price/E10
=341.70/10.13
=33.73

* 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 Assa Abloy AB was 44.36. The lowest was 24.68. And the median was 33.50.


Be Aware

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


Assa Abloy AB E10 Related Terms

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


Assa Abloy AB Business Description

Traded in Other Exchanges
Address
Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23
Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Some 70% of the group's revenue is derived from commercial, government, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.

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