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Ryanair Holdings (XTER:RY4C) E10 : €1.31 (As of Dec. 2024)


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What is Ryanair Holdings 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.

Ryanair Holdings's adjusted earnings per share data for the three months ended in Dec. 2024 was €0.136. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.31 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Ryanair Holdings's average E10 Growth Rate was 28.40% per year. During the past 3 years, the average E10 Growth Rate was 20.60% per year. During the past 5 years, the average E10 Growth Rate was 5.80% per year. During the past 10 years, the average E10 Growth Rate was 11.50% 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 Ryanair Holdings was 24.50% per year. The lowest was -5.40% per year. And the median was 11.40% per year.

As of today (2025-04-04), Ryanair Holdings's current stock price is €18.41. Ryanair Holdings's E10 for the quarter that ended in Dec. 2024 was €1.31. Ryanair Holdings's Shiller PE Ratio of today is 14.05.

During the past 13 years, the highest Shiller PE Ratio of Ryanair Holdings was 45.06. The lowest was 11.91. And the median was 23.99.


Ryanair Holdings E10 Historical Data

The historical data trend for Ryanair Holdings'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.

Ryanair Holdings E10 Chart

Ryanair Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.58 0.57 0.66 1.01

Ryanair Holdings 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 1.02 1.01 1.04 1.32 1.31

Competitive Comparison of Ryanair Holdings's E10

For the Airlines subindustry, Ryanair Holdings'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.


Ryanair Holdings's Shiller PE Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Ryanair Holdings's Shiller PE Ratio falls into.


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Ryanair Holdings 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, Ryanair Holdings'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)
=0.136/122.4391*122.4391
=0.136

Current CPI (Dec. 2024) = 122.4391.

Ryanair Holdings Quarterly Data

per share eps CPI Adj_EPS
201503 0.016 99.975 0.020
201506 0.178 100.573 0.217
201509 0.852 100.274 1.040
201512 0.077 99.676 0.095
201603 0.046 99.676 0.057
201606 0.199 101.072 0.241
201609 0.723 100.274 0.883
201612 0.076 99.676 0.093
201703 0.050 100.374 0.061
201706 0.324 100.673 0.394
201709 0.742 100.474 0.904
201712 0.089 100.075 0.109
201803 0.048 100.573 0.058
201806 0.264 101.072 0.320
201809 0.729 101.371 0.881
201812 -0.058 100.773 -0.070
201903 -0.172 101.670 -0.207
201906 0.214 102.168 0.256
201909 0.811 102.268 0.971
201912 0.078 102.068 0.094
202003 -0.525 102.367 -0.628
202006 -0.170 101.769 -0.205
202009 -0.205 101.072 -0.248
202012 -0.285 101.072 -0.345
202103 -0.252 102.367 -0.301
202106 -0.242 103.364 -0.287
202109 0.198 104.859 0.231
202112 -0.085 106.653 -0.098
202203 -0.086 109.245 -0.096
202206 0.165 112.779 0.179
202209 0.946 113.504 1.020
202212 0.177 115.436 0.188
202303 -0.135 117.609 -0.141
202306 0.579 119.662 0.592
202309 3.310 120.749 3.356
202312 0.013 120.749 0.013
202403 -0.243 120.990 -0.246
202406 0.315 122.318 0.315
202409 3.211 121.594 3.233
202412 0.136 122.439 0.136

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


Ryanair Holdings  (XTER:RY4C) 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.

Ryanair Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.41/1.31
=14.05

* 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 Ryanair Holdings was 45.06. The lowest was 11.91. And the median was 23.99.


Be Aware

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


Ryanair Holdings E10 Related Terms

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


Ryanair Holdings Business Description

Address
Airside Business Park, Swords, Dublin, IRL, K67 NY94
Ryanair is Europe's largest low-cost airline, known for its extensive network and highly efficient business model. Operating over 3,000 flights daily across 200-plus destinations in 40-plus countries, Ryanair has built its success on offering affordable air travel while maintaining tight control over costs. The airline primarily uses Boeing 737 aircraft, which simplifies operations and reduces expenses. Ryanair focuses on high passenger volumes, ancillary revenue, and operational efficiency, ensuring its position as a leading airline in Europe.

Ryanair Holdings Headlines

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