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Ferro (WAR:FRO) E10 : zł3.08 (As of Sep. 2024)


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What is Ferro 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.

Ferro's adjusted earnings per share data for the three months ended in Sep. 2024 was zł1.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł3.08 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Ferro's average E10 Growth Rate was 11.60% per year. During the past 3 years, the average E10 Growth Rate was 25.40% 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 Ferro was 26.80% per year. The lowest was 25.40% per year. And the median was 26.10% per year.

As of today (2025-03-20), Ferro's current stock price is zł35.80. Ferro's E10 for the quarter that ended in Sep. 2024 was zł3.08. Ferro's Shiller PE Ratio of today is 11.62.

During the past 13 years, the highest Shiller PE Ratio of Ferro was 25.23. The lowest was 8.26. And the median was 11.83.


Ferro E10 Historical Data

The historical data trend for Ferro'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.

Ferro E10 Chart

Ferro 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 1.23 1.44 1.97 2.51 2.84

Ferro Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.76 2.84 2.90 2.96 3.08

Competitive Comparison of Ferro's E10

For the Building Products & Equipment subindustry, Ferro'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.


Ferro's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ferro's Shiller PE Ratio distribution charts can be found below:

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



Ferro 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, Ferro's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.28/153.4391*153.4391
=1.280

Current CPI (Sep. 2024) = 153.4391.

Ferro Quarterly Data

per share eps CPI Adj_EPS
201412 0.100 100.122 0.153
201503 0.280 100.041 0.429
201506 0.280 100.448 0.428
201509 0.350 99.634 0.539
201512 0.140 99.471 0.216
201603 0.380 98.983 0.589
201606 0.320 99.552 0.493
201609 0.460 99.064 0.712
201612 0.200 100.366 0.306
201703 0.590 101.018 0.896
201706 0.420 101.180 0.637
201709 0.560 101.343 0.848
201712 -1.040 102.564 -1.556
201803 0.630 102.564 0.942
201806 0.330 103.378 0.490
201809 0.560 103.378 0.831
201812 0.260 103.785 0.384
201903 0.610 104.274 0.898
201906 0.450 105.983 0.651
201909 0.680 105.983 0.984
201912 0.140 107.123 0.201
202003 0.780 109.076 1.097
202006 0.580 109.402 0.813
202009 1.110 109.320 1.558
202012 0.450 109.565 0.630
202103 0.840 112.658 1.144
202106 2.720 113.960 3.662
202109 1.020 115.588 1.354
202112 0.500 119.088 0.644
202203 1.010 125.031 1.239
202206 0.880 131.705 1.025
202209 0.650 135.531 0.736
202212 0.550 139.113 0.607
202303 0.820 145.950 0.862
202306 0.590 147.009 0.616
202309 0.990 146.113 1.040
202312 0.750 147.741 0.779
202403 0.790 149.044 0.813
202406 0.780 150.997 0.793
202409 1.280 153.439 1.280

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


Ferro  (WAR:FRO) 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.

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

Shiller PE Ratio=Share Price/E10
=35.80/3.08
=11.62

* 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 Ferro was 25.23. The lowest was 8.26. And the median was 11.83.


Be Aware

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


Ferro E10 Related Terms

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


Ferro Business Description

Traded in Other Exchanges
Address
ul. Przemyslowa 7, Skawina, POL, 32-050
Ferro SA is a Poland based company involved in manufacturing and selling sanitary installation and heating fittings, and sanitation equipment in Central and Eastern Europe. It offers mixers, showers, sinks, bathroom accessories, shower trays and bathtubs, water valves, measurement fittings and bathroom heaters among other products.

Ferro Headlines

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