GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Trinity Industrial Corp (TSE:6382) » Definitions » E10

Trinity Industrial (TSE:6382) E10 : 円100.15 (As of Mar. 2024)


View and export this data going back to 1963. Start your Free Trial

What is Trinity Industrial 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.

Trinity Industrial's adjusted earnings per share data for the three months ended in Mar. 2024 was 円37.258. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円100.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trinity Industrial's average E10 Growth Rate was 12.70% per year. During the past 3 years, the average E10 Growth Rate was 11.80% per year. During the past 5 years, the average E10 Growth Rate was 14.80% 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 Trinity Industrial was 21.10% per year. The lowest was 9.40% per year. And the median was 12.00% per year.

As of today (2024-09-24), Trinity Industrial's current stock price is 円947.00. Trinity Industrial's E10 for the quarter that ended in Mar. 2024 was 円100.15. Trinity Industrial's Shiller PE Ratio of today is 9.46.

During the past 13 years, the highest Shiller PE Ratio of Trinity Industrial was 20.39. The lowest was 7.42. And the median was 10.96.


Trinity Industrial E10 Historical Data

The historical data trend for Trinity Industrial'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.

Trinity Industrial E10 Chart

Trinity Industrial Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.92 71.61 81.26 88.83 100.15

Trinity Industrial 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 88.83 89.98 92.01 96.36 100.15

Competitive Comparison of Trinity Industrial's E10

For the Auto Parts subindustry, Trinity Industrial'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.


Trinity Industrial's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Trinity Industrial's Shiller PE Ratio falls into.



Trinity Industrial 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, Trinity Industrial'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)
=37.258/107.2000*107.2000
=37.258

Current CPI (Mar. 2024) = 107.2000.

Trinity Industrial Quarterly Data

per share eps CPI Adj_EPS
201406 12.220 98.000 13.367
201409 9.150 98.500 9.958
201412 15.160 97.900 16.600
201503 -3.420 97.900 -3.745
201506 18.200 98.400 19.828
201509 20.870 98.500 22.713
201512 24.014 98.100 26.242
201603 32.450 97.900 35.533
201606 14.140 98.100 15.452
201609 17.187 98.000 18.800
201612 15.549 98.400 16.940
201703 37.060 98.100 40.498
201706 35.570 98.500 38.712
201709 23.120 98.800 25.086
201712 31.740 99.400 34.231
201803 10.510 99.200 11.358
201806 7.350 99.200 7.943
201809 14.630 99.900 15.699
201812 20.324 99.700 21.853
201903 50.467 99.700 54.263
201906 28.450 99.800 30.560
201909 32.813 100.100 35.140
201912 25.410 100.500 27.104
202003 31.750 100.300 33.934
202006 18.370 99.900 19.712
202009 14.069 99.900 15.097
202012 37.020 99.300 39.965
202103 29.328 99.900 31.471
202106 25.440 99.500 27.409
202109 21.510 100.100 23.036
202112 28.260 100.100 30.264
202203 35.200 101.100 37.324
202206 -6.330 101.800 -6.666
202209 25.230 103.100 26.233
202212 17.760 104.100 18.289
202303 41.490 104.400 42.603
202306 14.020 105.200 14.287
202309 27.060 106.200 27.315
202312 49.680 106.800 49.866
202403 37.258 107.200 37.258

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


Trinity Industrial  (TSE:6382) 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.

Trinity Industrial's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=947.00/100.15
=9.46

* 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 Trinity Industrial was 20.39. The lowest was 7.42. And the median was 10.96.


Be Aware

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


Trinity Industrial E10 Related Terms

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


Trinity Industrial Business Description

Traded in Other Exchanges
N/A
Address
1-9 Kakimoto-cho, Toyota city, Aichi, Toyota, JPN, 471-0855
Trinity Industrial Corp is a Japan-based company mainly engaged in the manufacturing and sale of auto parts. It operates in two business divisions including Equipment division, and Auto parts division. The Equipment division manufactures and sells coating plants, coating machinery, industrial machinery, two-component coating equipment, automatic paint recoloring equipment and various coating equipment. The Automobile Component division provides interior and exterior products, including steering handles, door switch bases, and side mudguards.

Trinity Industrial Headlines

No Headlines