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Porsche Automobil Holding SE (WAR:PSHE) E10 : zł40.62 (As of Mar. 2024)


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What is Porsche Automobil Holding SE 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.

Porsche Automobil Holding SE's adjusted earnings per share data for the three months ended in Mar. 2024 was zł14.862. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł40.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Porsche Automobil Holding SE's average E10 Growth Rate was -27.40% 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.

As of today (2024-05-27), Porsche Automobil Holding SE's current stock price is zł205.00. Porsche Automobil Holding SE's E10 for the quarter that ended in Mar. 2024 was zł40.62. Porsche Automobil Holding SE's Shiller PE Ratio of today is 5.05.

During the past 13 years, the highest Shiller PE Ratio of Porsche Automobil Holding SE was 5.26. The lowest was 3.10. And the median was 3.80.


Porsche Automobil Holding SE E10 Historical Data

The historical data trend for Porsche Automobil Holding SE'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.

Porsche Automobil Holding SE E10 Chart

Porsche Automobil Holding SE 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 - - - - 55.42

Porsche Automobil Holding SE 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 - 60.62 63.43 55.42 40.62

Competitive Comparison of Porsche Automobil Holding SE's E10

For the Auto Manufacturers subindustry, Porsche Automobil Holding SE'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.


Porsche Automobil Holding SE's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Porsche Automobil Holding SE's Shiller PE Ratio falls into.



Porsche Automobil Holding SE 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, Porsche Automobil Holding SE'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)
=14.862/125.0381*125.0381
=14.862

Current CPI (Mar. 2024) = 125.0381.

Porsche Automobil Holding SE Quarterly Data

per share eps CPI Adj_EPS
200907 0.000 92.359 0.000
201001 0.000 92.359 0.000
201006 0.000 93.199 0.000
201106 0.000 95.158 0.000
201112 0.000 95.998 0.000
201206 0.000 96.744 0.000
201212 0.000 97.957 0.000
201306 0.000 98.516 0.000
201312 0.000 99.356 0.000
201406 0.000 99.543 0.000
201412 0.000 99.543 0.000
201506 0.000 100.417 0.000
201512 0.000 99.717 0.000
201606 0.000 100.717 0.000
201612 0.000 101.217 0.000
201706 0.000 102.117 0.000
201712 0.000 102.617 0.000
201806 0.000 104.017 0.000
201812 0.000 104.217 0.000
201903 17.331 104.217 20.793
201906 17.056 105.718 20.173
201909 16.116 106.018 19.007
201912 12.618 105.818 14.910
202003 1.401 105.718 1.657
202006 -6.171 106.618 -7.237
202009 11.551 105.818 13.649
202012 34.048 105.518 40.347
202103 15.165 107.518 17.636
202106 22.659 108.486 26.116
202109 12.577 109.435 14.370
202112 18.329 110.384 20.762
202203 30.118 113.968 33.043
202206 24.537 115.760 26.504
202209 10.166 118.818 10.698
202212 -27.193 119.345 -28.490
202303 17.340 122.402 17.713
202306 14.467 123.140 14.690
202309 20.400 124.195 20.539
202312 -17.508 123.773 -17.687
202403 14.862 125.038 14.862

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


Porsche Automobil Holding SE  (WAR:PSHE) 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.

Porsche Automobil Holding SE's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=205.00/40.62
=5.05

* 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 Porsche Automobil Holding SE was 5.26. The lowest was 3.10. And the median was 3.80.


Be Aware

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


Porsche Automobil Holding SE E10 Related Terms

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


Porsche Automobil Holding SE (WAR:PSHE) Business Description

Address
Porscheplatz 1, Stuttgart, BW, DEU, 70435
Porsche Automobil Holding SE is an automotive holdings company. The company's core investment is a controlling stake in Volkswagen AG. Through this stake, Porsche SE has an interest in passenger and luxury car manufacturers which include Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, and Porsche; motorcycles under the Ducati brand name; and commercial vehicles under Volkswagen Commercial Vehicles, Scania, and MAN. In addition to the automobile manufacturers, this core investment provides Porsche Automobil exposure to the Volkswagen Financial Services financing business. Porsche SE also has a minority stake in technology company INRIX, a company that provides connected-car services and real-time traffic information.

Porsche Automobil Holding SE (WAR:PSHE) Headlines

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