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Sectra AB (OSTO:SECT B) E10 : kr1.42 (As of Jan. 2024)


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What is Sectra 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.

Sectra AB's adjusted earnings per share data for the three months ended in Jan. 2024 was kr0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr1.42 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Sectra AB's average E10 Growth Rate was 19.30% per year. During the past 3 years, the average E10 Growth Rate was 13.70% per year. During the past 5 years, the average E10 Growth Rate was 4.50% 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 Sectra AB was 13.70% per year. The lowest was -4.20% per year. And the median was 10.30% per year.

As of today (2024-06-06), Sectra AB's current stock price is kr227.40. Sectra AB's E10 for the quarter that ended in Jan. 2024 was kr1.42. Sectra AB's Shiller PE Ratio of today is 160.14.

During the past 13 years, the highest Shiller PE Ratio of Sectra AB was 268.13. The lowest was 24.31. And the median was 121.93.


Sectra AB E10 Historical Data

The historical data trend for Sectra 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.

Sectra AB E10 Chart

Sectra AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.87 1.02 1.02 1.28

Sectra AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.19 1.28 1.33 1.40 1.42

Competitive Comparison of Sectra AB's E10

For the Medical Devices subindustry, Sectra 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.


Sectra AB's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sectra AB's Shiller PE Ratio distribution charts can be found below:

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



Sectra 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, Sectra AB's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.3/131.7203*131.7203
=0.300

Current CPI (Jan. 2024) = 131.7203.

Sectra AB Quarterly Data

per share eps CPI Adj_EPS
201404 0.200 100.174 0.263
201407 0.178 100.104 0.234
201410 0.152 100.215 0.200
201501 0.148 99.172 0.197
201504 0.182 99.941 0.240
201507 0.140 100.027 0.184
201510 0.140 100.301 0.184
201601 0.150 99.931 0.198
201604 0.226 100.732 0.296
201607 0.126 101.080 0.164
201610 0.180 101.485 0.234
201701 0.182 101.326 0.237
201704 0.304 102.615 0.390
201707 0.116 103.301 0.148
201710 0.258 103.202 0.329
201801 0.182 102.925 0.233
201804 0.402 104.390 0.507
201807 0.138 105.420 0.172
201810 0.216 105.545 0.270
201901 0.210 104.855 0.264
201904 0.470 106.627 0.581
201907 0.124 107.166 0.152
201910 0.182 107.243 0.224
202001 0.410 106.215 0.508
202004 0.514 106.240 0.637
202007 0.088 107.731 0.108
202010 0.380 107.539 0.465
202101 0.280 107.897 0.342
202104 0.690 108.624 0.837
202107 0.380 109.218 0.458
202110 0.340 110.562 0.405
202201 0.330 111.876 0.389
202204 0.580 115.534 0.661
202207 0.280 118.489 0.311
202210 0.490 122.561 0.527
202301 0.380 124.942 0.401
202304 0.810 127.632 0.836
202307 0.320 129.464 0.326
202310 0.780 130.549 0.787
202401 0.300 131.720 0.300

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


Sectra AB  (OSTO:SECT 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.

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

Shiller PE Ratio=Share Price/E10
=227.40/1.42
=160.14

* 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 Sectra AB was 268.13. The lowest was 24.31. And the median was 121.93.


Be Aware

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


Sectra AB E10 Related Terms

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


Sectra AB (OSTO:SECT B) Business Description

Traded in Other Exchanges
Address
Teknikringen 20, Linkoping, SWE, SE-583 30
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from Sweden and also has a presence in the Netherlands; the United Kingdom, and the Rest of Europe.

Sectra AB (OSTO:SECT B) Headlines

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