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Rush Enterprises (Rush Enterprises) E10 : $2.37 (As of Dec. 2023)


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What is Rush Enterprises 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.

Rush Enterprises's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rush Enterprises's average E10 Growth Rate was 22.30% per year. During the past 3 years, the average E10 Growth Rate was 26.90% per year. During the past 5 years, the average E10 Growth Rate was 23.20% per year. During the past 10 years, the average E10 Growth Rate was 16.20% 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 Rush Enterprises was 26.90% per year. The lowest was -7.00% per year. And the median was 12.05% per year.

As of today (2024-04-29), Rush Enterprises's current stock price is $43.85. Rush Enterprises's E10 for the quarter that ended in Dec. 2023 was $2.37. Rush Enterprises's Shiller PE Ratio of today is 18.50.

During the past 13 years, the highest Shiller PE Ratio of Rush Enterprises was 39.29. The lowest was 11.76. And the median was 22.40.


Rush Enterprises E10 Historical Data

The historical data trend for Rush Enterprises'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.

Rush Enterprises E10 Chart

Rush Enterprises 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 0.96 1.01 1.34 1.98 2.37

Rush Enterprises 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 2.15 2.34 2.42 2.37 -

Competitive Comparison of Rush Enterprises's E10

For the Auto & Truck Dealerships subindustry, Rush Enterprises'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.


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

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

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



Rush Enterprises 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, Rush Enterprises'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)
=0.95/129.4194*129.4194
=0.950

Current CPI (Dec. 2023) = 129.4194.

Rush Enterprises Quarterly Data

per share eps CPI Adj_EPS
201403 0.133 99.695 0.173
201406 0.218 100.560 0.281
201409 0.253 100.428 0.326
201412 0.267 99.070 0.349
201503 0.182 99.621 0.236
201506 0.213 100.684 0.274
201509 0.213 100.392 0.275
201512 0.107 99.792 0.139
201603 0.027 100.470 0.035
201606 0.120 101.688 0.153
201609 0.164 101.861 0.208
201612 0.138 101.863 0.175
201703 0.160 102.862 0.201
201706 0.240 103.349 0.301
201709 0.320 104.136 0.398
201712 1.129 104.011 1.405
201803 0.227 105.290 0.279
201806 0.320 106.317 0.390
201809 0.458 106.507 0.557
201812 0.533 105.998 0.651
201903 0.436 107.251 0.526
201906 0.489 108.070 0.586
201909 0.467 108.329 0.558
201912 0.284 108.420 0.339
202003 0.273 108.902 0.324
202006 0.200 108.767 0.238
202009 0.400 109.815 0.471
202012 0.480 109.897 0.565
202103 0.527 111.754 0.610
202106 0.667 114.631 0.753
202109 0.800 115.734 0.895
202112 0.787 117.630 0.866
202203 1.067 121.301 1.138
202206 1.280 125.017 1.325
202209 1.060 125.227 1.095
202212 1.160 125.222 1.199
202303 1.067 127.348 1.084
202306 1.167 128.729 1.173
202309 0.960 129.860 0.957
202312 0.950 129.419 0.950

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


Rush Enterprises  (NAS:RUSHB) 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.

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

Shiller PE Ratio=Share Price/E10
=43.85/2.37
=18.50

* 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 Rush Enterprises was 39.29. The lowest was 11.76. And the median was 22.40.


Be Aware

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


Rush Enterprises E10 Related Terms

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


Rush Enterprises (Rush Enterprises) Business Description

Traded in Other Exchanges
Address
555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130
Rush Enterprises Inc is a full-service, integrated retailer of commercial vehicles and related services. The company operates in a single segment; Truck Segment includes the operation of a network of commercial vehicle dealerships under the name Rush Truck Centers. It sells commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, and Blue Bird and also provides one-stop service for the needs of commercial vehicle customers, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. The company's business is concentrated in the United States commercial vehicle markets and related aftermarkets.