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KSB SE KGaA (XTER:KSB3) E10 : €29.81 (As of Dec. 2023)


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What is KSB SE KGaA 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.

KSB SE KGaA's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was €86.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €29.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KSB SE KGaA's average E10 Growth Rate was 17.60% per year. During the past 3 years, the average E10 Growth Rate was 11.80% per year. During the past 5 years, the average E10 Growth Rate was -0.10% per year. During the past 10 years, the average E10 Growth Rate was -4.70% 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 KSB SE KGaA was 11.80% per year. The lowest was -15.70% per year. And the median was -1.10% per year.

As of today (2024-05-20), KSB SE KGaA's current stock price is € 624.00. KSB SE KGaA's E10 for the fiscal year that ended in Dec. 2023 was €29.81. KSB SE KGaA's Shiller PE Ratio of today is 20.93.

During the past 13 years, the highest Shiller PE Ratio of KSB SE KGaA was 25.38. The lowest was 6.84. And the median was 11.10.


KSB SE KGaA E10 Historical Data

The historical data trend for KSB SE KGaA'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.

KSB SE KGaA E10 Chart

KSB SE KGaA 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 29.95 19.80 20.80 24.25 29.81

KSB SE KGaA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 20.80 - 24.25 - 29.81

Competitive Comparison of KSB SE KGaA's E10

For the Specialty Industrial Machinery subindustry, KSB SE KGaA'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.


KSB SE KGaA's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KSB SE KGaA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where KSB SE KGaA's Shiller PE Ratio falls into.



KSB SE KGaA 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, KSB SE KGaA's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=86.83/123.7729*123.7729
=86.830

Current CPI (Dec. 2023) = 123.7729.

KSB SE KGaA Annual Data

per_share_eps CPI Adj_EPS
201412 21.970 99.543 27.318
201512 22.300 99.717 27.680
201612 18.680 101.217 22.843
201712 21.100 102.617 25.450
201812 6.260 104.217 7.435
201912 24.470 105.818 28.622
202012 -5.630 105.518 -6.604
202112 53.340 110.384 59.810
202212 59.050 119.345 61.241
202312 86.830 123.773 86.830

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


KSB SE KGaA  (XTER:KSB3) 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.

KSB SE KGaA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=624.00/29.81
=20.93

* 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 KSB SE KGaA was 25.38. The lowest was 6.84. And the median was 11.10.


Be Aware

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


KSB SE KGaA E10 Related Terms

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


KSB SE KGaA (XTER:KSB3) Business Description

Traded in Other Exchanges
Address
Johann-Klein-Strasse 9, Frankenthal, RP, DEU, 67227
KSB SE & Co KGaA is a German-based company. It is a provider of pumps, valves, and related services. Its operations are carried out in three segments namely Pumps, Valves, and KSB SupremeServ Segment comprises the spare parts business for pumps and valves. A majority part of its sales and revenue is comes from the Pumps segment. The Pumps segment includes single and multistage pumps, submersible pumps, and associated control and drives systems. The company's pumps are used in various applications where fluids need to be transported as well as in other applications which belong to industry, building services, water engineering, wastewater engineering, energy supply, and mining.

KSB SE KGaA (XTER:KSB3) Headlines

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