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GEA Group AG (GEA Group AG) E10

: $1.58 (As of Dec. 2023)
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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.

GEA Group AG's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.589. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.58 for the trailing ten years ended in Dec. 2023.

During the past 12 months, GEA Group AG's average E10 Growth Rate was 4.30% per year. During the past 3 years, the average E10 Growth Rate was 5.60% per year. During the past 5 years, the average E10 Growth Rate was 1.20% 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 GEA Group AG was 5.60% per year. The lowest was -4.10% per year. And the median was 3.50% per year.

As of today (2024-04-20), GEA Group AG's current stock price is $41.4178. GEA Group AG's E10 for the quarter that ended in Dec. 2023 was $1.58. GEA Group AG's Shiller PE Ratio of today is 26.21.

During the past 13 years, the highest Shiller PE Ratio of GEA Group AG was 37.28. The lowest was 13.44. And the median was 24.03.


GEA Group AG E10 Historical Data

The historical data trend for GEA Group AG'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.

GEA Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.15 1.49 1.36 1.46 1.58

GEA Group AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 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 Premium Member Only Premium Member Only Premium Member Only 1.46 1.48 1.66 1.61 1.58

Competitive Comparison

For the Specialty Industrial Machinery subindustry, GEA Group AG'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.


GEA Group AG Shiller PE Ratio Distribution

For the Industrial Products industry and Industrials sector, GEA Group AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where GEA Group AG's Shiller PE Ratio falls into.



GEA Group AG 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, GEA Group AG's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.589/123.6675*123.6675
=0.589

Current CPI (Dec. 2023) = 123.6675.

GEA Group AG Quarterly Data

per share eps CPI Adj_EPS
201403 0.346 99.543 0.430
201406 0.571 99.543 0.709
201409 0.503 99.823 0.623
201412 0.752 99.543 0.934
201503 0.227 99.717 0.282
201506 -0.123 100.417 -0.151
201509 0.965 100.417 1.188
201512 1.002 99.717 1.243
201603 0.200 100.017 0.247
201606 0.483 100.717 0.593
201609 0.236 101.017 0.289
201612 0.707 101.217 0.864
201703 0.310 101.417 0.378
201706 0.326 102.117 0.395
201709 0.286 102.717 0.344
201712 0.568 102.617 0.685
201803 0.025 102.917 0.030
201806 0.421 104.017 0.501
201809 0.385 104.718 0.455
201812 -0.091 104.217 -0.108
201903 0.192 104.217 0.228
201906 0.158 105.718 0.185
201909 0.363 106.018 0.423
201912 -1.767 105.818 -2.065
202003 0.188 105.718 0.220
202006 0.282 106.618 0.327
202009 0.283 105.818 0.331
202012 -0.146 105.518 -0.171
202103 0.369 107.518 0.424
202106 0.518 108.486 0.590
202109 0.529 109.435 0.598
202112 0.576 110.384 0.645
202203 0.452 113.968 0.490
202206 0.455 115.760 0.486
202209 0.604 118.818 0.629
202212 0.879 119.345 0.911
202303 0.503 122.402 0.508
202306 0.618 123.140 0.621
202309 0.747 124.195 0.744
202312 0.589 123.668 0.589

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


GEA Group AG  (OTCPK:GEAGF) 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.

GEA Group AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=41.4178/1.58
=26.21

* 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 GEA Group AG was 37.28. The lowest was 13.44. And the median was 24.03.


Be Aware

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


GEA Group AG E10 Related Terms

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


GEA Group AG (GEA Group AG) Business Description

Address
Peter-Muller-Strasse 12, Dusseldorf, DEU, 40468
GEA Group is one of the world's largest suppliers of processing systems and equipment for the food, beverage, and pharmaceutical industries. Across its five divisions, GEA designs and manufactures process engineering equipment and offers turnkey solutions for customers' processing lines or product(s). GEA also offers a comprehensive aftermarket offering spanning maintenance services and spare parts and components.