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TAT Technologies (XTAE:TATT) E10 : ₪0.10 (As of Mar. 2024)


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What is TAT Technologies 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.

TAT Technologies's adjusted earnings per share data for the three months ended in Mar. 2024 was ₪0.714. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₪0.10 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -14.50% 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 TAT Technologies was 73.40% per year. The lowest was -43.30% per year. And the median was -7.10% per year.

As of today (2024-06-23), TAT Technologies's current stock price is ₪51.97. TAT Technologies's E10 for the quarter that ended in Mar. 2024 was ₪0.10. TAT Technologies's Shiller PE Ratio of today is 519.70.

During the past 13 years, the highest Shiller PE Ratio of TAT Technologies was 1669.00. The lowest was 10.87. And the median was 22.79.


TAT Technologies E10 Historical Data

The historical data trend for TAT Technologies'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.

TAT Technologies E10 Chart

TAT Technologies 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 -0.07 0.08 -0.02 0.02 0.05

TAT Technologies 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 -0.05 -0.05 - 0.05 0.10

Competitive Comparison of TAT Technologies's E10

For the Aerospace & Defense subindustry, TAT Technologies'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.


TAT Technologies's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAT Technologies's Shiller PE Ratio distribution charts can be found below:

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



TAT Technologies 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, TAT Technologies'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)
=0.714/131.7762*131.7762
=0.714

Current CPI (Mar. 2024) = 131.7762.

TAT Technologies Quarterly Data

per share eps CPI Adj_EPS
201406 0.150 100.560 0.197
201409 -0.188 100.428 -0.247
201412 0.489 99.070 0.650
201503 0.827 99.621 1.094
201506 0.301 100.684 0.394
201509 0.075 100.392 0.098
201512 1.278 99.792 1.688
201603 0.038 100.470 0.050
201606 -1.053 101.688 -1.365
201609 0.376 101.861 0.486
201612 0.677 101.863 0.876
201703 0.526 102.862 0.674
201706 0.263 103.349 0.335
201709 0.376 104.136 0.476
201712 -0.113 104.011 -0.143
201803 -0.301 105.290 -0.377
201806 -0.602 106.317 -0.746
201809 -0.226 106.507 -0.280
201812 -0.752 105.998 -0.935
201903 0.038 107.251 0.047
201906 0.075 108.070 0.091
201909 0.075 108.329 0.091
201912 0.226 108.420 0.275
202003 0.188 108.902 0.227
202006 -0.978 108.767 -1.185
202009 -0.602 109.815 -0.722
202012 -0.865 109.897 -1.037
202103 0.263 111.754 0.310
202106 -1.053 114.631 -1.210
202109 -0.414 115.734 -0.471
202112 -0.301 117.630 -0.337
202203 -0.639 121.301 -0.694
202206 -0.038 125.017 -0.040
202209 -0.150 125.227 -0.158
202212 0.207 125.222 0.218
202303 0.278 127.348 0.288
202306 0.564 128.729 0.577
202309 0.902 129.860 0.915
202312 0.150 129.419 0.153
202403 0.714 131.776 0.714

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


TAT Technologies  (XTAE:TATT) 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.

TAT Technologies's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=51.97/0.1
=519.70

* 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 TAT Technologies was 1669.00. The lowest was 10.87. And the median was 22.79.


Be Aware

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


TAT Technologies E10 Related Terms

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


TAT Technologies (XTAE:TATT) Business Description

Traded in Other Exchanges
Address
Hamelacha 5, Netanya, ISR, 4250540
TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.

TAT Technologies (XTAE:TATT) Headlines