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Grammer AG (XTER:GMM) E10 : €0.80 (As of Mar. 2024)


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What is Grammer AG 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.

Grammer AG's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grammer AG's average E10 Growth Rate was -31.00% per year. During the past 3 years, the average E10 Growth Rate was -22.40% per year. During the past 5 years, the average E10 Growth Rate was -16.40% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Grammer AG was -2.20% per year. The lowest was -23.50% per year. And the median was -12.85% per year.

As of today (2024-06-09), Grammer AG's current stock price is €10.80. Grammer AG's E10 for the quarter that ended in Mar. 2024 was €0.80. Grammer AG's Shiller PE Ratio of today is 13.50.

During the past 13 years, the highest Shiller PE Ratio of Grammer AG was 29.04. The lowest was 4.69. And the median was 11.73.


Grammer AG E10 Historical Data

The historical data trend for Grammer 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.

Grammer AG E10 Chart

Grammer AG 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 2.68 1.99 1.86 1.20 0.93

Grammer AG 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 1.16 1.04 0.99 0.93 0.80

Competitive Comparison of Grammer AG's E10

For the Auto Parts subindustry, Grammer AG'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.


Grammer AG's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Grammer AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Grammer AG's Shiller PE Ratio falls into.



Grammer 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, Grammer AG'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)
=-0.43/125.0381*125.0381
=-0.430

Current CPI (Mar. 2024) = 125.0381.

Grammer AG Quarterly Data

per share eps CPI Adj_EPS
201406 0.874 99.543 1.098
201409 0.684 99.823 0.857
201412 0.704 99.543 0.884
201503 0.851 99.717 1.067
201506 0.334 100.417 0.416
201509 0.261 100.417 0.325
201512 0.607 99.717 0.761
201603 0.646 100.017 0.808
201606 1.193 100.717 1.481
201609 0.372 101.017 0.460
201612 1.712 101.217 2.115
201703 1.115 101.417 1.375
201706 0.421 102.117 0.515
201709 0.450 102.717 0.548
201712 0.528 102.617 0.643
201803 0.978 102.917 1.188
201806 1.037 104.017 1.247
201809 -0.822 104.718 -0.982
201812 0.665 104.217 0.798
201903 0.929 104.217 1.115
201906 1.272 105.718 1.504
201909 0.059 106.018 0.070
201912 1.226 105.818 1.449
202003 -0.800 105.718 -0.946
202006 -4.030 106.618 -4.726
202009 0.060 105.818 0.071
202012 -0.330 105.518 -0.391
202103 0.880 107.518 1.023
202106 0.330 108.486 0.380
202109 -0.350 109.435 -0.400
202112 -0.780 110.384 -0.884
202203 -0.530 113.968 -0.581
202206 -1.140 115.760 -1.231
202209 0.640 118.818 0.674
202212 -4.230 119.345 -4.432
202303 0.190 122.402 0.194
202306 -0.240 123.140 -0.244
202309 0.090 124.195 0.091
202312 0.080 123.773 0.081
202403 -0.430 125.038 -0.430

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


Grammer AG  (XTER:GMM) 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.

Grammer AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.80/0.8
=13.50

* 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 Grammer AG was 29.04. The lowest was 4.69. And the median was 11.73.


Be Aware

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


Grammer AG E10 Related Terms

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


Grammer AG (XTER:GMM) Business Description

Traded in Other Exchanges
Address
Grammer-Allee 2, Ursensollen, BY, DEU, 92289
Grammer AG is a company that is engaged in developing and manufacturing components and systems for car interiors. It is active in producing auto parts including seats for heavy and off-road vehicles and cars. It manages its business in two segments namely Automotive and Commercial segments. The automotive division supplies interior components such as headrests. armrests and centre console and other spare parts. It also sells driver seats for offroad vehicles such as tractors, construction machinery and forklifts. The company operates its business globally. It earns the majority of its revenue from EMEA region followed by Americas and from APAC region as well.