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Penske Automotive Group E10

: $3.52 (As of Mar. 2019)
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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.

Penske Automotive Group's adjusted earnings per share data for the three months ended in Mar. 2019 was $1.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.52 for the trailing ten years ended in Mar. 2019.

As of today, Penske Automotive Group's current stock price is $44.50. Penske Automotive Group's E10 for the quarter that ended in Mar. 2019 was $3.52. Penske Automotive Group's Shiller PE Ratio of today is 12.64.

During the past 13 years, the highest Shiller PE Ratio of Penske Automotive Group was 59.09. The lowest was 6.39. And the median was 35.85.


Penske Automotive Group E10 Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Penske Automotive Group Annual Data

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.10 1.38 1.66 2.25 3.39

Penske Automotive Group Quarterly Data

Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 2.36 2.50 2.62 3.39 3.52

Competitive Comparison
* 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.


Penske Automotive Group E10 Distribution

* The bar in red indicates where Penske Automotive Group's E10 falls into.



Penske Automotive Group 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.

For example, Penske Automotive Group's adjusted earnings per share data for the three months ended in Mar. 2019 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=1.19/254.202*254.202
=1.190

Current CPI (Mar. 2019) = 254.202.

Penske Automotive Group Quarterly Data

per share eps CPI Adj_EPS
200906 0.150 215.693 0.177
200909 0.300 215.969 0.353
200912 0.200 215.949 0.235
201003 0.220 217.631 0.257
201006 0.320 217.965 0.373
201009 0.330 218.439 0.384
201012 0.310 219.179 0.360
201103 0.370 223.467 0.421
201106 0.430 225.722 0.484
201109 0.610 226.889 0.683
201112 0.530 225.672 0.597
201203 0.520 229.392 0.576
201206 0.540 229.478 0.598
201209 0.450 231.407 0.494
201212 0.540 229.601 0.598
201303 0.640 232.773 0.699
201306 0.690 233.504 0.751
201309 0.720 234.149 0.782
201312 0.660 233.049 0.720
201403 0.750 236.293 0.807
201406 0.810 238.343 0.864
201409 0.830 238.031 0.886
201412 0.800 234.812 0.866
201503 0.830 236.119 0.894
201506 1.040 238.638 1.108
201509 0.960 237.945 1.026
201512 0.780 236.525 0.838
201603 0.900 238.132 0.961
201606 1.100 241.018 1.160
201609 1.030 241.428 1.084
201612 0.970 241.432 1.021
201703 0.960 243.801 1.001
201706 1.230 244.955 1.276
201709 1.100 246.819 1.133
201712 3.850 246.524 3.970
201803 1.260 249.554 1.283
201806 1.580 251.989 1.594
201809 1.530 252.439 1.541
201812 1.160 251.233 1.174
201903 1.190 254.202 1.190

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


Penske Automotive Group  (NYSE:PAG) 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.

Penske Automotive Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=44.50/3.52
=12.64

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

During the past 13 years, the highest Shiller P/E Ratio of Penske Automotive Group was 59.09. The lowest was 6.39. And the median was 35.85.


Be Aware

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


Penske Automotive Group E10 Explanation


Penske Automotive Group E10 Headlines

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