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Tesla (UKEX:TSLA) E10 : ₴26.84 (As of Jun. 2025)


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What is Tesla 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.

Tesla's adjusted earnings per share data for the three months ended in Jun. 2025 was ₴13.781. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₴26.84 for the trailing ten years ended in Jun. 2025.

During the past 12 months, Tesla's average E10 Growth Rate was -100.00% 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 Tesla was 25.90% per year. The lowest was 25.90% per year. And the median was 25.90% per year.

As of today (2025-07-24), Tesla's current stock price is ₴8119.66667. Tesla's E10 for the quarter that ended in Jun. 2025 was ₴26.84. Tesla's Shiller PE Ratio of today is 302.52.

During the past 13 years, the highest Shiller PE Ratio of Tesla was 7583.75. The lowest was 190.97. And the median was 447.19.


Tesla E10 Historical Data

The historical data trend for Tesla'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.

Tesla E10 Chart

Tesla 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 - -2.34 17.14 23.20 19.30

Tesla Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 33.65 27.62 19.30 31.33 26.84

Competitive Comparison of Tesla's E10

For the Auto Manufacturers subindustry, Tesla'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.


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

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

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


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Tesla 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, Tesla's adjusted earnings per share data for the three months ended in Jun. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=13.781/135.3468*135.3468
=13.781

Current CPI (Jun. 2025) = 135.3468.

Tesla Quarterly Data

per share eps CPI Adj_EPS
201509 -4.956 100.392 -6.682
201512 -6.793 99.792 -9.213
201603 -5.930 100.470 -7.988
201606 -5.819 101.688 -7.745
201609 0.390 101.861 0.518
201612 -2.172 101.863 -2.886
201703 -5.679 102.862 -7.472
201706 -5.679 103.349 -7.437
201709 -10.301 104.136 -13.388
201712 -11.164 104.011 -14.527
201803 -11.665 105.290 -14.995
201806 -11.749 106.317 -14.957
201809 4.872 106.507 6.191
201812 2.172 105.998 2.773
201903 -11.415 107.251 -14.405
201906 -6.431 108.070 -8.054
201909 2.227 108.329 2.782
201912 1.559 108.420 1.946
202003 0.278 108.902 0.346
202006 1.392 108.767 1.732
202009 3.758 109.815 4.632
202012 3.341 109.897 4.115
202103 5.429 111.754 6.575
202106 14.199 114.631 16.765
202109 20.045 115.734 23.442
202112 28.536 117.630 32.834
202203 39.673 121.301 44.267
202206 27.144 125.017 29.387
202209 39.673 125.227 42.879
202212 44.684 125.222 48.297
202303 30.485 127.348 32.400
202306 32.573 128.729 34.248
202309 22.133 129.860 23.068
202312 94.797 129.419 99.139
202403 17.122 131.776 17.586
202406 17.539 132.554 17.909
202409 25.892 133.029 26.343
202412 27.562 133.157 28.015
202503 5.011 134.927 5.027
202506 13.781 135.347 13.781

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


Tesla  (UKEX:TSLA) 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.

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

Shiller PE Ratio=Share Price/E10
=8119.66667/26.84
=302.52

* 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 Tesla was 7583.75. The lowest was 190.97. And the median was 447.19.


Be Aware

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


Tesla E10 Related Terms

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


Tesla Business Description

Address
1 Tesla Road, Austin, TX, USA, 78725
Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling more affordable vehicles, a sports car, and offer a robotaxi service. Global deliveries in 2024 were a little below 1.8 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.