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Ernst Russ AG (XTER:HXCK) E10 : €0.49 (As of Dec. 2024)


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What is Ernst Russ 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.

Ernst Russ AG's adjusted earnings per share data for the three months ended in Dec. 2024 was €0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.49 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Ernst Russ AG's average E10 Growth Rate was 40.00% 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.

As of today (2025-04-09), Ernst Russ AG's current stock price is €5.28. Ernst Russ AG's E10 for the quarter that ended in Dec. 2024 was €0.49. Ernst Russ AG's Shiller PE Ratio of today is 10.78.

During the past 13 years, the highest Shiller PE Ratio of Ernst Russ AG was 43.31. The lowest was 10.80. And the median was 13.53.


Ernst Russ AG E10 Historical Data

The historical data trend for Ernst Russ 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.

Ernst Russ AG E10 Chart

Ernst Russ AG 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 - - -0.09 0.35 0.49

Ernst Russ AG Quarterly Data
Dec19 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 0.35 0.37 0.40 0.46 0.49

Competitive Comparison of Ernst Russ AG's E10

For the Marine Shipping subindustry, Ernst Russ 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.


Ernst Russ AG's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ernst Russ AG's Shiller PE Ratio distribution charts can be found below:

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


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Ernst Russ 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, Ernst Russ AG'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)
=0.25/127.0412*127.0412
=0.250

Current CPI (Dec. 2024) = 127.0412.

Ernst Russ AG Quarterly Data

per share eps CPI Adj_EPS
201106 0.142 95.158 0.190
201109 -0.313 95.624 -0.416
201112 -0.484 95.998 -0.641
201203 0.047 97.117 0.061
201206 -0.076 96.744 -0.100
201212 0.000 97.957 0.000
201306 0.000 98.516 0.000
201312 0.000 99.356 0.000
201406 0.000 99.543 0.000
201412 0.000 99.543 0.000
201506 0.000 100.417 0.000
201512 0.000 99.717 0.000
201606 0.000 100.717 0.000
201612 0.000 101.217 0.000
201706 0.000 102.117 0.000
201712 0.000 102.617 0.000
201806 0.000 104.017 0.000
201812 0.000 104.217 0.000
201906 0.000 105.718 0.000
201909 -0.044 106.018 -0.053
201912 0.106 105.818 0.127
202006 0.000 106.618 0.000
202009 0.066 105.818 0.079
202012 0.000 105.518 0.000
202103 0.009 107.518 0.011
202106 0.119 108.486 0.139
202109 0.180 109.435 0.209
202112 0.148 110.384 0.170
202203 0.266 113.968 0.297
202206 0.484 115.760 0.531
202209 0.241 118.818 0.258
202212 0.391 119.345 0.416
202303 0.295 122.402 0.306
202306 0.212 123.140 0.219
202309 0.531 124.195 0.543
202312 0.534 123.773 0.548
202403 0.391 125.038 0.397
202406 0.291 125.882 0.294
202409 0.290 126.198 0.292
202412 0.250 127.041 0.250

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


Ernst Russ AG  (XTER:HXCK) 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.

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

Shiller PE Ratio=Share Price/E10
=5.28/0.49
=10.78

* 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 Ernst Russ AG was 43.31. The lowest was 10.80. And the median was 13.53.


Be Aware

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


Ernst Russ AG E10 Related Terms

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


Ernst Russ AG Business Description

Traded in Other Exchanges
Address
Elbchaussee 370, Hamburg, DEU, 22609
Ernst Russ AG is a principal investment firm specializing in fund-of-fund investments. It operates in the Shipping and Alternative Investment segment. Within the Shipping segment, it focuses on structuring and asset management of investment vehicles for ships on its behalf and behalf of third parties. The Asset Classes, life insurance, secondary market, and aircraft are managed in the Alternative Investments segment. The firm's majority of revenue comes from Germany through the shipping segment.
Executives
Robert Lorenz-meyer Supervisory Board
Robert Gärtner Board of Directors
Ingo Kuhlmann Supervisory Board
Alexander Stuhlmann Supervisory Board

Ernst Russ AG Headlines

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