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Acuity Brands (STU:AQ8) E10 : €9.73 (As of Nov. 2024)


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What is Acuity Brands 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.

Acuity Brands's adjusted earnings per share data for the three months ended in Nov. 2024 was €3.156. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €9.73 for the trailing ten years ended in Nov. 2024.

During the past 12 months, Acuity Brands's average E10 Growth Rate was 11.50% per year. During the past 3 years, the average E10 Growth Rate was 14.70% per year. During the past 5 years, the average E10 Growth Rate was 14.30% per year. During the past 10 years, the average E10 Growth Rate was 13.50% 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 Acuity Brands was 15.70% per year. The lowest was 8.00% per year. And the median was 12.60% per year.

As of today (2025-03-17), Acuity Brands's current stock price is €240.00. Acuity Brands's E10 for the quarter that ended in Nov. 2024 was €9.73. Acuity Brands's Shiller PE Ratio of today is 24.67.

During the past 13 years, the highest Shiller PE Ratio of Acuity Brands was 77.53. The lowest was 13.48. And the median was 27.19.


Acuity Brands E10 Historical Data

The historical data trend for Acuity Brands'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.

Acuity Brands E10 Chart

Acuity Brands Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 5.67 8.06 8.32 8.85

Acuity Brands Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 8.37 8.68 8.78 8.85 9.73

Competitive Comparison of Acuity Brands's E10

For the Electrical Equipment & Parts subindustry, Acuity Brands'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.


Acuity Brands's Shiller PE Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Acuity Brands's Shiller PE Ratio falls into.



Acuity Brands 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, Acuity Brands's adjusted earnings per share data for the three months ended in Nov. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=3.156/133.1099*133.1099
=3.156

Current CPI (Nov. 2024) = 133.1099.

Acuity Brands Quarterly Data

per share eps CPI Adj_EPS
201502 0.943 99.032 1.267
201505 1.325 100.333 1.758
201508 1.239 100.548 1.640
201511 1.463 100.135 1.945
201602 1.344 100.040 1.788
201605 1.494 101.355 1.962
201608 1.686 101.617 2.209
201611 1.724 101.829 2.254
201702 1.437 102.779 1.861
201705 1.719 103.256 2.216
201708 1.821 103.587 2.340
201711 1.448 104.072 1.852
201802 1.887 105.052 2.391
201805 1.523 106.148 1.910
201808 2.338 106.383 2.925
201811 1.742 106.338 2.181
201902 1.471 106.649 1.836
201905 1.985 108.048 2.445
201908 2.176 108.245 2.676
201911 1.303 108.519 1.598
202002 1.320 109.139 1.610
202005 1.394 108.175 1.715
202008 1.580 109.662 1.918
202011 1.328 109.793 1.610
202102 1.439 110.968 1.726
202105 1.951 113.576 2.287
202108 2.312 115.421 2.666
202111 2.155 117.269 2.446
202202 1.877 119.703 2.087
202205 2.904 123.323 3.134
202208 3.435 124.958 3.659
202211 2.246 125.607 2.380
202302 2.400 126.928 2.517
202305 3.018 128.314 3.131
202308 2.412 129.538 2.479
202311 2.966 129.548 3.048
202402 2.633 130.930 2.677
202405 3.348 132.509 3.363
202408 3.419 132.816 3.427
202411 3.156 133.110 3.156

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


Acuity Brands  (STU:AQ8) 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.

Acuity Brands's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=240.00/9.73
=24.67

* 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 Acuity Brands was 77.53. The lowest was 13.48. And the median was 27.19.


Be Aware

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


Acuity Brands E10 Related Terms

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


Acuity Brands Business Description

Traded in Other Exchanges
Address
1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, USA, 30309
Acuity is a leading industrial technology company that offers lighting, lighting controls, and intelligent building solutions. Acuity Brands designs, manufactures, and brings to market products and services relating to these and other offerings. Acuity Brands has two reportable segments: Acuity Brands Lighting and the Intelligent Spaces Group. ABL sells commercial, architectural, and specialty lighting, including components and control systems. ISG offers building management and audio/visual solutions to help make buildings intelligent.

Acuity Brands Headlines

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