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Ford Motor Co (WBO:FORD) E10 : €1.18 (As of Sep. 2024)


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What is Ford Motor Co 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.

Ford Motor Co's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.198. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.18 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Ford Motor Co's average E10 Growth Rate was -15.40% per year. During the past 3 years, the average E10 Growth Rate was -8.40% per year. During the past 5 years, the average E10 Growth Rate was -7.20% 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 Ford Motor Co was 48.10% per year. The lowest was -17.70% per year. And the median was 10.20% per year.

As of today (2025-01-18), Ford Motor Co's current stock price is €9.871. Ford Motor Co's E10 for the quarter that ended in Sep. 2024 was €1.18. Ford Motor Co's Shiller PE Ratio of today is 8.37.

During the past 13 years, the highest Shiller PE Ratio of Ford Motor Co was 41.16. The lowest was 2.30. And the median was 8.06.


Ford Motor Co E10 Historical Data

The historical data trend for Ford Motor Co'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.

Ford Motor Co E10 Chart

Ford Motor Co 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 1.69 1.37 1.43 1.39 1.18

Ford Motor Co 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 1.50 1.18 1.21 1.23 1.18

Competitive Comparison of Ford Motor Co's E10

For the Auto Manufacturers subindustry, Ford Motor Co'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.


Ford Motor Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Ford Motor Co's Shiller PE Ratio falls into.



Ford Motor Co 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, Ford Motor Co'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)
=0.198/133.0289*133.0289
=0.198

Current CPI (Sep. 2024) = 133.0289.

Ford Motor Co Quarterly Data

per share eps CPI Adj_EPS
201412 -0.397 99.070 -0.533
201503 0.268 99.621 0.358
201506 0.481 100.684 0.636
201509 0.490 100.392 0.649
201512 0.422 99.792 0.563
201603 0.548 100.470 0.726
201606 0.436 101.688 0.570
201609 0.214 101.861 0.279
201612 -0.190 101.863 -0.248
201703 0.374 102.862 0.484
201706 0.454 103.349 0.584
201709 0.327 104.136 0.418
201712 0.532 104.011 0.680
201803 0.349 105.290 0.441
201806 0.231 106.317 0.289
201809 0.214 106.507 0.267
201812 -0.026 105.998 -0.033
201903 0.257 107.251 0.319
201906 0.035 108.070 0.043
201909 0.100 108.329 0.123
201912 -0.378 108.420 -0.464
202003 -0.452 108.902 -0.552
202006 0.249 108.767 0.305
202009 0.509 109.815 0.617
202012 -0.575 109.897 -0.696
202103 0.680 111.754 0.809
202106 0.116 114.631 0.135
202109 0.383 115.734 0.440
202112 2.699 117.630 3.052
202203 -0.708 121.301 -0.776
202206 0.151 125.017 0.161
202209 -0.212 125.227 -0.225
202212 0.302 125.222 0.321
202303 0.411 127.348 0.429
202306 0.434 128.729 0.448
202309 0.281 129.860 0.288
202312 -0.119 129.419 -0.122
202403 0.304 131.776 0.307
202406 0.427 132.554 0.429
202409 0.198 133.029 0.198

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


Ford Motor Co  (WBO:FORD) 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.

Ford Motor Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.871/1.18
=8.37

* 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 Ford Motor Co was 41.16. The lowest was 2.30. And the median was 8.06.


Be Aware

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


Ford Motor Co E10 Related Terms

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


Ford Motor Co Business Description

Address
One American Road, Dearborn, MI, USA, 48126
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has nearly 13% market share in the United States, about 11% share in the UK, and under 2% share in China including unconsolidated affiliates. Sales in the US made up about 66% of 2023 total company revenue. Ford has about 177,000 employees, including about 59,000 UAW employees, and is based in Dearborn, Michigan.