GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ernst Russ AG (XTER:HXCK) » Definitions » E10

Ernst Russ AG (XTER:HXCK) E10 : €0.46 (As of Sep. 2024)


View and export this data going back to 2005. Start your Free Trial

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 Sep. 2024 was €0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.46 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Ernst Russ AG's average E10 Growth Rate was 45.20% 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), Ernst Russ AG's current stock price is €5.94. Ernst Russ AG's E10 for the quarter that ended in Sep. 2024 was €0.46. Ernst Russ AG's Shiller PE Ratio of today is 12.91.

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 15.08.


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 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.09 0.35

Ernst Russ AG Quarterly Data
Sep19 Dec19 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 0.31 0.35 0.36 0.39 0.46

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.



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 Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.29/126.1978*126.1978
=0.290

Current CPI (Sep. 2024) = 126.1978.

Ernst Russ AG Quarterly Data

per share eps CPI Adj_EPS
201103 -0.055 95.065 -0.073
201106 0.142 95.158 0.188
201109 -0.313 95.624 -0.413
201112 -0.484 95.998 -0.636
201203 0.047 97.117 0.061
201206 -0.076 96.744 -0.099
201212 -0.165 97.957 -0.213
201306 -0.070 98.516 -0.090
201312 0.080 99.356 0.102
201406 -0.110 99.543 -0.139
201412 0.113 99.543 0.143
201506 0.030 100.417 0.038
201512 0.007 99.717 0.009
201606 0.030 100.717 0.038
201612 0.170 101.217 0.212
201706 0.100 102.117 0.124
201712 0.070 102.617 0.086
201806 0.060 104.017 0.073
201812 0.130 104.217 0.157
201906 -0.020 105.718 -0.024
201909 -0.044 106.018 -0.052
201912 0.106 105.818 0.126
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 0.138
202109 0.180 109.435 0.208
202112 0.148 110.384 0.169
202203 0.266 113.968 0.295
202206 0.484 115.760 0.528
202209 0.241 118.818 0.256
202212 0.391 119.345 0.413
202303 0.295 122.402 0.304
202306 0.212 123.140 0.217
202309 0.531 124.195 0.540
202312 0.482 123.773 0.491
202403 0.391 125.038 0.395
202406 0.291 125.882 0.292
202409 0.290 126.198 0.290

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
=5.94/0.46
=12.91

* 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 15.08.


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

No Headlines