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Krones AG (XSWX:KRN) E10

: CHF0.00 (As of Mar. 2023)
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Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Krones AG's adjusted earnings per share data for the three months ended in Mar. 2023 was CHF0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CHF0.00 for the trailing ten years ended in Mar. 2023.

As of today (2023-05-27), Krones AG's current stock price is CHF78.60. Krones AG's E10 for the quarter that ended in Mar. 2023 was CHF0.00. Krones AG's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Krones AG was 30.15. The lowest was 12.63. And the median was 22.30.


Krones AG E10 Historical Data

The historical data trend for Krones AG'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.

Krones AG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 4.14 - - -

Krones AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
E10 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Krones AG's E10, along with its competitors' market caps and E10 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.

   

Krones AG E10 Distribution

For the Industrial Products industry and Industrials sector, Krones AG's E10 distribution charts can be found below:

* The bar in red indicates where Krones AG's E10 falls in comparison to its industry or sector. The grey bar indicates the E10's extreme value range as defined by GuruFocus.



Krones AG 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, Krones AG's adjusted earnings per share data for the three months ended in Mar. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0/122.4024*122.4024
=0.000

Current CPI (Mar. 2023) = 122.4024.

Krones AG Quarterly Data

per share eps CPI Adj_EPS
201303 1.091 98.516 1.356
201306 1.133 98.516 1.408
201309 1.024 98.983 1.266
201312 1.462 99.356 1.801
201403 1.157 99.543 1.423
201406 1.254 99.543 1.542
201409 1.244 99.823 1.525
201412 1.551 99.543 1.907
201503 1.177 99.717 1.445
201506 1.266 100.417 1.543
201509 1.233 100.417 1.503
201512 1.659 99.717 2.036
201603 1.344 100.017 1.645
201606 1.253 100.717 1.523
201609 1.387 101.017 1.681
201612 1.882 101.217 2.276
201703 1.500 101.417 1.810
201706 1.349 102.117 1.617
201709 1.193 102.717 1.422
201712 2.675 102.617 3.191
201803 1.438 102.917 1.710
201806 1.411 104.017 1.660
201809 0.802 104.718 0.937
201812 1.828 104.217 2.147
201903 1.300 104.217 1.527
201906 0.000 105.718 0.000
201909 0.000 106.018 0.000
201912 0.000 105.818 0.000
202003 0.000 105.718 0.000
202006 0.000 106.618 0.000
202009 0.000 105.818 0.000
202012 0.000 105.518 0.000
202103 0.000 107.518 0.000
202106 0.000 108.486 0.000
202109 0.000 109.435 0.000
202112 0.000 110.384 0.000
202203 0.000 113.968 0.000
202206 0.000 115.760 0.000
202209 0.000 118.818 0.000
202303 0.000 122.402 0.000

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


Krones AG  (XSWX:KRN) 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 Krones AG was 30.15. The lowest was 12.63. And the median was 22.30.


Be Aware

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


Krones AG E10 Related Terms

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


Krones AG (XSWX:KRN) Business Description

Krones AG logo
Traded in Other Exchanges
Address
Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account for most of the Krones' revenue. While the company has a global presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (XSWX:KRN) Headlines

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