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Olympic Steel (STU:OYS) E10 : €2.74 (As of Dec. 2024)


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What is Olympic Steel 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.

Olympic Steel's adjusted earnings per share data for the three months ended in Dec. 2024 was €0.315. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.74 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Olympic Steel's average E10 Growth Rate was 20.80% per year. During the past 3 years, the average E10 Growth Rate was 34.60% per year. During the past 5 years, the average E10 Growth Rate was 56.10% 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 Olympic Steel was 185.40% per year. The lowest was -49.20% per year. And the median was 14.10% per year.

As of today (2025-03-17), Olympic Steel's current stock price is €29.80. Olympic Steel's E10 for the quarter that ended in Dec. 2024 was €2.74. Olympic Steel's Shiller PE Ratio of today is 10.88.

During the past 13 years, the highest Shiller PE Ratio of Olympic Steel was 600.33. The lowest was 10.62. And the median was 27.80.


Olympic Steel E10 Historical Data

The historical data trend for Olympic Steel'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.

Olympic Steel E10 Chart

Olympic Steel Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 1.03 1.91 2.19 2.74

Olympic Steel Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.19 2.25 2.34 2.27 2.74

Competitive Comparison of Olympic Steel's E10

For the Steel subindustry, Olympic Steel'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.


Olympic Steel's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Olympic Steel's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Olympic Steel's Shiller PE Ratio falls into.



Olympic Steel 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, Olympic Steel's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.315/133.1571*133.1571
=0.315

Current CPI (Dec. 2024) = 133.1571.

Olympic Steel Quarterly Data

per share eps CPI Adj_EPS
201503 0.092 99.621 0.123
201506 -1.773 100.684 -2.345
201509 -0.045 100.392 -0.060
201512 -0.404 99.792 -0.539
201603 -0.063 100.470 -0.083
201606 0.285 101.688 0.373
201609 -0.143 101.861 -0.187
201612 -0.180 101.863 -0.235
201703 0.636 102.862 0.823
201706 0.374 103.349 0.482
201709 0.168 104.136 0.215
201712 0.313 104.011 0.401
201803 0.543 105.290 0.687
201806 1.190 106.317 1.490
201809 0.866 106.507 1.083
201812 -0.097 105.998 -0.122
201903 0.159 107.251 0.197
201906 0.159 108.070 0.196
201909 0.045 108.329 0.055
201912 -0.072 108.420 -0.088
202003 0.045 108.902 0.055
202006 -0.497 108.767 -0.608
202009 -0.110 109.815 -0.133
202012 0.132 109.897 0.160
202103 1.604 111.754 1.911
202106 2.141 114.631 2.487
202109 3.290 115.734 3.785
202112 1.912 117.630 2.164
202203 2.933 121.301 3.220
202206 3.084 125.017 3.285
202209 1.050 125.227 1.116
202212 0.321 125.222 0.341
202303 0.794 127.348 0.830
202306 1.200 128.729 1.241
202309 0.993 129.860 1.018
202312 0.587 129.419 0.604
202403 0.690 131.776 0.697
202406 0.613 132.554 0.616
202409 0.207 133.029 0.207
202412 0.315 133.157 0.315

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


Olympic Steel  (STU:OYS) 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.

Olympic Steel's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=29.80/2.74
=10.88

* 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 Olympic Steel was 600.33. The lowest was 10.62. And the median was 27.80.


Be Aware

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


Olympic Steel E10 Related Terms

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


Olympic Steel Business Description

Traded in Other Exchanges
Address
22901 Millcreek Boulevard, Suite 650, Highland Hills, OH, USA, 44122
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.

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