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Skanska AB (XPRA:SKAB) E10 : Kč38.36 (As of Dec. 2024)


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What is Skanska AB 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.

Skanska AB's adjusted earnings per share data for the three months ended in Dec. 2024 was Kč12.284. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Kč38.36 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Skanska AB's average E10 Growth Rate was 1.40% per year. During the past 3 years, the average E10 Growth Rate was 8.70% per year. During the past 5 years, the average E10 Growth Rate was 8.20% 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 Skanska AB was 10.80% per year. The lowest was 5.60% per year. And the median was 8.60% per year.

As of today (2025-03-03), Skanska AB's current stock price is Kč504.60. Skanska AB's E10 for the quarter that ended in Dec. 2024 was Kč38.36. Skanska AB's Shiller PE Ratio of today is 13.15.

During the past 13 years, the highest Shiller PE Ratio of Skanska AB was 19.98. The lowest was 8.60. And the median was 13.70.


Skanska AB E10 Historical Data

The historical data trend for Skanska AB'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.

Skanska AB E10 Chart

Skanska AB 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 34.53 32.63 37.21 36.84 38.36

Skanska AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 36.84 39.74 38.94 37.01 38.36

Competitive Comparison of Skanska AB's E10

For the Engineering & Construction subindustry, Skanska AB'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.


Skanska AB's Shiller PE Ratio Distribution in the Construction Industry

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

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



Skanska AB 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, Skanska AB's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=12.284/132.9872*132.9872
=12.284

Current CPI (Dec. 2024) = 132.9872.

Skanska AB Quarterly Data

per share eps CPI Adj_EPS
201503 3.460 99.950 4.604
201506 8.310 99.995 11.052
201509 3.838 100.228 5.092
201512 18.196 100.276 24.132
201603 1.432 100.751 1.890
201606 16.803 101.019 22.120
201609 5.594 101.138 7.356
201612 15.685 102.022 20.446
201703 9.504 102.022 12.389
201706 3.261 102.752 4.221
201709 6.831 103.279 8.796
201712 7.412 103.793 9.497
201803 1.301 103.962 1.664
201806 7.073 104.875 8.969
201809 4.913 105.679 6.183
201812 14.497 105.912 18.203
201903 5.133 105.886 6.447
201906 9.541 106.742 11.887
201909 7.845 107.214 9.731
201912 12.949 107.766 15.980
202003 7.059 106.563 8.809
202006 15.074 107.498 18.648
202009 8.016 107.635 9.904
202012 30.778 108.296 37.795
202103 7.211 108.360 8.850
202106 13.917 108.928 16.991
202109 7.187 110.338 8.662
202112 13.049 112.486 15.427
202203 5.506 114.825 6.377
202206 9.910 118.384 11.132
202209 12.441 122.296 13.529
202212 17.357 126.365 18.267
202303 2.999 127.042 3.139
202306 9.520 129.407 9.783
202309 4.016 130.224 4.101
202312 8.752 131.912 8.823
202403 2.593 132.205 2.608
202406 9.005 132.716 9.023
202409 5.589 132.304 5.618
202412 12.284 132.987 12.284

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


Skanska AB  (XPRA:SKAB) 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.

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

Shiller PE Ratio=Share Price/E10
=504.60/38.36
=13.15

* 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 Skanska AB was 19.98. The lowest was 8.60. And the median was 13.70.


Be Aware

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


Skanska AB E10 Related Terms

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


Skanska AB Business Description

Address
Warfvinges vag 25, Stockholm, SWE, 112 74
Skanska AB is one of the world's construction and project development companies. It develops properties and structures in the Nordic region, North America, and elsewhere. The company uses its skills and expertise to develop highways, bridges, mass transit, houses, and logistic centers. Skanska operates in business segments: construction (the majority of total revenue), residential development, Investment Properties, and commercial property development. The majority of revenue derives from Sweden.

Skanska AB Headlines

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