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Russel Metals (STU:RMZ) E10 : €1.95 (As of Mar. 2024)


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What is Russel Metals 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.

Russel Metals's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.557. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Russel Metals's average E10 Growth Rate was 11.10% per year. During the past 3 years, the average E10 Growth Rate was 25.10% per year. During the past 5 years, the average E10 Growth Rate was 19.40% per year. During the past 10 years, the average E10 Growth Rate was 4.40% 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 Russel Metals was 316.00% per year. The lowest was -15.20% per year. And the median was 7.50% per year.

As of today (2024-06-15), Russel Metals's current stock price is €25.20. Russel Metals's E10 for the quarter that ended in Mar. 2024 was €1.95. Russel Metals's Shiller PE Ratio of today is 12.92.

During the past 13 years, the highest Shiller PE Ratio of Russel Metals was 25.54. The lowest was 8.06. And the median was 15.33.


Russel Metals E10 Historical Data

The historical data trend for Russel Metals'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.

Russel Metals E10 Chart

Russel Metals 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 1.06 0.93 1.36 1.74 1.96

Russel Metals 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 1.76 1.87 1.99 1.96 1.95

Competitive Comparison of Russel Metals's E10

For the Industrial Distribution subindustry, Russel Metals'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.


Russel Metals's Shiller PE Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Russel Metals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Russel Metals's Shiller PE Ratio falls into.



Russel Metals 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, Russel Metals's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.557/126.2576*126.2576
=0.557

Current CPI (Mar. 2024) = 126.2576.

Russel Metals Quarterly Data

per share eps CPI Adj_EPS
201406 0.326 99.473 0.414
201409 0.366 99.394 0.465
201412 0.345 98.367 0.443
201503 0.220 99.789 0.278
201506 0.195 100.500 0.245
201509 0.141 100.421 0.177
201512 -1.466 99.947 -1.852
201603 0.088 101.054 0.110
201606 0.186 102.002 0.230
201609 0.177 101.765 0.220
201612 0.256 101.449 0.319
201703 0.335 102.634 0.412
201706 0.348 103.029 0.426
201709 0.376 103.345 0.459
201712 0.298 103.345 0.364
201803 0.389 105.004 0.468
201806 0.691 105.557 0.827
201809 0.717 105.636 0.857
201812 0.484 105.399 0.580
201903 0.364 106.979 0.430
201906 0.333 107.690 0.390
201909 0.199 107.611 0.233
201912 -0.075 107.769 -0.088
202003 0.110 107.927 0.129
202006 0.046 108.401 0.054
202009 0.186 108.164 0.217
202012 -0.096 108.559 -0.112
202103 0.862 110.298 0.987
202106 1.277 111.720 1.443
202109 1.409 112.905 1.576
202112 1.120 113.774 1.243
202203 1.119 117.646 1.201
202206 1.448 120.806 1.513
202209 1.098 120.648 1.149
202212 0.646 120.964 0.674
202303 0.812 122.702 0.836
202306 0.952 124.203 0.968
202309 0.686 125.230 0.692
202312 0.533 125.072 0.538
202403 0.557 126.258 0.557

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


Russel Metals  (STU:RMZ) 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.

Russel Metals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.20/1.95
=12.92

* 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 Russel Metals was 25.54. The lowest was 8.06. And the median was 15.33.


Be Aware

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


Russel Metals E10 Related Terms

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


Russel Metals (STU:RMZ) Business Description

Traded in Other Exchanges
Address
6600 Financial Drive, Mississauga, ON, CAN, L5N 7J6
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users. The energy products segment distributes oil country tubular goods, line pipe, tubes, valves, and fittings, primarily to the energy industry in Western Canada and the U.S. The steel distributors segment acts as master distributors selling steel in large volumes to other steel service centers and equipment manufacturers mainly on an "as is" basis. The company generates all of its revenue from the North American market.

Russel Metals (STU:RMZ) Headlines

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