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Meshulam Levinstein Contracting & Engineering (XTAE:LEVI) E10 : ₪28.66 (As of Sep. 2024)


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What is Meshulam Levinstein Contracting & Engineering 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.

Meshulam Levinstein Contracting & Engineering's adjusted earnings per share data for the three months ended in Sep. 2024 was ₪3.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₪28.66 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Meshulam Levinstein Contracting & Engineering's average E10 Growth Rate was -7.40% 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 (2024-12-11), Meshulam Levinstein Contracting & Engineering's current stock price is ₪400.00. Meshulam Levinstein Contracting & Engineering's E10 for the quarter that ended in Sep. 2024 was ₪28.66. Meshulam Levinstein Contracting & Engineering's Shiller PE Ratio of today is 13.96.

During the past 13 years, the highest Shiller PE Ratio of Meshulam Levinstein Contracting & Engineering was 13.52. The lowest was 7.22. And the median was 9.54.


Meshulam Levinstein Contracting & Engineering E10 Historical Data

The historical data trend for Meshulam Levinstein Contracting & Engineering'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.

Meshulam Levinstein Contracting & Engineering E10 Chart

Meshulam Levinstein Contracting & Engineering 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 - - - 30.42 29.33

Meshulam Levinstein Contracting & Engineering 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 30.95 29.33 28.22 28.80 28.66

Competitive Comparison of Meshulam Levinstein Contracting & Engineering's E10

For the Engineering & Construction subindustry, Meshulam Levinstein Contracting & Engineering'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.


Meshulam Levinstein Contracting & Engineering's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Meshulam Levinstein Contracting & Engineering's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Meshulam Levinstein Contracting & Engineering's Shiller PE Ratio falls into.



Meshulam Levinstein Contracting & Engineering 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, Meshulam Levinstein Contracting & Engineering'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)
=3.8/133.0289*133.0289
=3.800

Current CPI (Sep. 2024) = 133.0289.

Meshulam Levinstein Contracting & Engineering Quarterly Data

per share eps CPI Adj_EPS
201412 4.927 99.070 6.616
201503 1.870 99.621 2.497
201506 6.420 100.684 8.482
201509 1.280 100.392 1.696
201512 -1.700 99.792 -2.266
201603 4.350 100.470 5.760
201606 0.060 101.688 0.078
201609 -0.180 101.861 -0.235
201612 14.679 101.863 19.170
201703 0.470 102.862 0.608
201706 4.560 103.349 5.870
201709 2.310 104.136 2.951
201712 15.133 104.011 19.355
201803 2.590 105.290 3.272
201806 2.740 106.317 3.428
201809 2.360 106.507 2.948
201812 7.040 105.998 8.835
201903 1.890 107.251 2.344
201906 2.810 108.070 3.459
201909 1.960 108.329 2.407
201912 15.900 108.420 19.509
202003 2.950 108.902 3.604
202006 0.220 108.767 0.269
202009 6.050 109.815 7.329
202012 3.115 109.897 3.771
202103 4.190 111.754 4.988
202106 4.080 114.631 4.735
202109 7.630 115.734 8.770
202112 46.889 117.630 53.027
202203 9.620 121.301 10.550
202206 11.240 125.017 11.960
202209 5.110 125.227 5.428
202212 25.403 125.222 26.987
202303 6.580 127.348 6.874
202306 3.840 128.729 3.968
202309 4.250 129.860 4.354
202312 1.570 129.419 1.614
202403 2.750 131.776 2.776
202406 4.980 132.554 4.998
202409 3.800 133.029 3.800

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


Meshulam Levinstein Contracting & Engineering  (XTAE:LEVI) 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.

Meshulam Levinstein Contracting & Engineering's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=400.00/28.66
=13.96

* 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 Meshulam Levinstein Contracting & Engineering was 13.52. The lowest was 7.22. And the median was 9.54.


Be Aware

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


Meshulam Levinstein Contracting & Engineering E10 Related Terms

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


Meshulam Levinstein Contracting & Engineering Business Description

Traded in Other Exchanges
N/A
Address
23 Menachem Begin Road, Tel Aviv, ISR
Meshulam Levinstein Contracting & Engineering Ltd is an Israel-based company. It is engaged in the engineering, construction, and real estate businesses. The company constructs and develops office buildings, public buildings, and buildings for the hi-tech industry, housing units, apartment buildings, and residential neighborhoods, and shopping centers and commercial buildings. It also focuses on infrastructure work, bridge building, and construction contracting activities.