GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Doosan Corp (XKRX:000155) » Definitions » E10

Doosan (XKRX:000155) E10 : ₩-3,824.85 (As of Mar. 2024)


View and export this data going back to 1973. Start your Free Trial

What is Doosan 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.

Doosan's adjusted earnings per share data for the three months ended in Mar. 2024 was ₩280.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩-3,824.85 for the trailing ten years ended in Mar. 2024.

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 Doosan was -4.80% per year. The lowest was -59.30% per year. And the median was -32.05% per year.

As of today (2024-06-20), Doosan's current stock price is ₩84900.00. Doosan's E10 for the quarter that ended in Mar. 2024 was ₩-3,824.85. Doosan's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Doosan was 1901.69. The lowest was 5.72. And the median was 25.31.


Doosan E10 Historical Data

The historical data trend for Doosan'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.

Doosan E10 Chart

Doosan 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 4,288.23 286.79 -291.44 -2,798.38 -4,379.36

Doosan 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 -2,972.21 -3,600.65 -3,968.56 -4,379.36 -3,824.85

Competitive Comparison of Doosan's E10

For the Conglomerates subindustry, Doosan'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.


Doosan's Shiller PE Ratio Distribution in the Conglomerates Industry

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

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



Doosan 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, Doosan'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)
=280/118.8477*118.8477
=280.000

Current CPI (Mar. 2024) = 118.8477.

Doosan Quarterly Data

per share eps CPI Adj_EPS
201406 156.732 99.353 187.485
201409 3,405.020 99.608 4,062.714
201412 -1,015.450 99.098 -1,217.824
201503 -1,469.210 99.720 -1,751.025
201506 1,845.650 100.050 2,192.416
201509 -4,165.540 100.110 -4,945.209
201512 -18,743.800 100.220 -22,227.674
201603 10,239.400 100.560 12,101.523
201606 3,743.690 100.790 4,414.416
201609 2,293.580 101.460 2,686.642
201612 -5,636.830 101.560 -6,596.340
201703 453.190 102.850 523.681
201706 1,310.840 102.610 1,518.276
201709 541.939 103.490 622.362
201712 -1,747.230 102.990 -2,016.257
201803 -565.118 104.100 -645.177
201806 971.296 104.130 1,108.579
201809 186.533 105.650 209.835
201812 -7,373.020 104.350 -8,397.379
201903 -752.754 104.490 -856.188
201906 2,173.270 104.880 2,462.702
201909 -2,510.000 105.200 -2,835.625
201912 20,986.000 105.120 23,726.578
202003 -10,953.000 105.540 -12,334.081
202006 -6,970.000 104.870 -7,899.003
202009 -1,130.000 106.200 -1,264.575
202012 -12,039.000 105.765 -13,528.124
202103 10,135.000 107.357 11,219.755
202106 2,291.000 107.579 2,530.987
202109 -2,483.000 108.759 -2,713.323
202112 1,504.000 109.676 1,629.767
202203 -715.000 111.806 -760.033
202206 -4,729.000 114.083 -4,926.516
202209 -2,470.000 114.831 -2,556.392
202212 -31,218.000 115.200 -32,206.433
202303 -2,173.000 116.550 -2,215.847
202306 -3,942.000 117.140 -3,999.471
202309 -1,117.000 119.111 -1,114.529
202312 -14,581.600 118.848 -14,581.600
202403 280.000 118.848 280.000

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


Doosan  (XKRX:000155) 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.

During the past 13 years, the highest Shiller P/E Ratio of Doosan was 1901.69. The lowest was 5.72. And the median was 25.31.


Be Aware

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


Doosan E10 Related Terms

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


Doosan (XKRX:000155) Business Description

Traded in Other Exchanges
Address
18-12 Euljiro 6-ga, Jung-gu, Seoul, KOR
Doosan Corp. is a South Korean company engaged in heavy industries, machinery manufacturing and others through its subsidiaries. The company generates the majority of its revenue from three subsidies: Doosan Infracore, or DI; Doosan Heavy Industries & Construction, or DHC; and Doosan Engineering & Construction, or DEC. DI, which is partially owned by Doosan Corp., is engaged in manufacturing and selling of internal combustion engines, construction machinery, and others. DHC, another company partially owned by Doosan Corp., is engaged in supplying generating units, casting, forging, and other businesses. DEC, whose majority stake is owned by Doosan Corp., is engaged in apartment building constructions. The company generates most of its sales from Asia, the U.S., and Europe.

Doosan (XKRX:000155) Headlines

No Headlines