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General Dynamics (XTER:GDX) E10 : €12.61 (As of Dec. 2024)


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What is General Dynamics 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.

General Dynamics's adjusted earnings per share data for the three months ended in Dec. 2024 was €3.963. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €12.61 for the trailing ten years ended in Dec. 2024.

During the past 12 months, General Dynamics's average E10 Growth Rate was 5.90% per year. During the past 3 years, the average E10 Growth Rate was 10.70% per year. During the past 5 years, the average E10 Growth Rate was 10.60% per year. During the past 10 years, the average E10 Growth Rate was 9.00% 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 General Dynamics was 16.50% per year. The lowest was 2.30% per year. And the median was 8.35% per year.

As of today (2025-03-03), General Dynamics's current stock price is €242.00. General Dynamics's E10 for the quarter that ended in Dec. 2024 was €12.61. General Dynamics's Shiller PE Ratio of today is 19.19.

During the past 13 years, the highest Shiller PE Ratio of General Dynamics was 32.25. The lowest was 13.73. And the median was 22.40.


General Dynamics E10 Historical Data

The historical data trend for General Dynamics'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.

General Dynamics E10 Chart

General Dynamics 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 7.08 8.47 10.96 11.08 12.61

General Dynamics 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 11.08 11.70 12.05 11.54 12.61

Competitive Comparison of General Dynamics's E10

For the Aerospace & Defense subindustry, General Dynamics'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.


General Dynamics's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

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

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



General Dynamics 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, General Dynamics'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)
=3.963/133.1571*133.1571
=3.963

Current CPI (Dec. 2024) = 133.1571.

General Dynamics Quarterly Data

per share eps CPI Adj_EPS
201503 1.977 99.621 2.643
201506 2.023 100.684 2.675
201509 2.031 100.392 2.694
201512 2.203 99.792 2.940
201603 1.832 100.470 2.428
201606 2.047 101.688 2.680
201609 1.862 101.861 2.434
201612 2.446 101.863 3.197
201703 2.319 102.862 3.002
201706 2.181 103.349 2.810
201709 2.114 104.136 2.703
201712 1.774 104.011 2.271
201803 2.149 105.290 2.718
201806 2.243 106.317 2.809
201809 2.442 106.507 3.053
201812 2.699 105.998 3.391
201903 2.266 107.251 2.813
201906 2.451 108.070 3.020
201909 2.851 108.329 3.504
201912 3.159 108.420 3.880
202003 2.199 108.902 2.689
202006 1.936 108.767 2.370
202009 2.462 109.815 2.985
202012 2.869 109.897 3.476
202103 2.083 111.754 2.482
202106 2.166 114.631 2.516
202109 2.610 115.734 3.003
202112 3.000 117.630 3.396
202203 2.370 121.301 2.602
202206 2.602 125.017 2.771
202209 3.293 125.227 3.502
202212 3.380 125.222 3.594
202303 2.466 127.348 2.578
202306 2.492 128.729 2.578
202309 2.848 129.860 2.920
202312 3.338 129.419 3.434
202403 2.650 131.776 2.678
202406 3.029 132.554 3.043
202409 3.018 133.029 3.021
202412 3.963 133.157 3.963

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


General Dynamics  (XTER:GDX) 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.

General Dynamics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=242.00/12.61
=19.19

* 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 General Dynamics was 32.25. The lowest was 13.73. And the median was 22.40.


Be Aware

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


General Dynamics E10 Related Terms

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


General Dynamics Business Description

Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technology. General Dynamics' aerospace segment manufactures Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment builds and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units: an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics Headlines

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