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Vulcan Materials Co (BSP:V1MC34) E10 : R$0.40 (As of Mar. 2024)


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What is Vulcan Materials Co 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.

Vulcan Materials Co's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.064. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vulcan Materials Co's average E10 Growth Rate was 17.40% per year. During the past 3 years, the average E10 Growth Rate was 24.70% per year. During the past 5 years, the average E10 Growth Rate was 28.00% per year. During the past 10 years, the average E10 Growth Rate was 13.50% 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 Vulcan Materials Co was 36.30% per year. The lowest was -16.00% per year. And the median was 8.60% per year.

As of today (2024-05-26), Vulcan Materials Co's current stock price is R$22.14. Vulcan Materials Co's E10 for the quarter that ended in Mar. 2024 was R$0.40. Vulcan Materials Co's Shiller PE Ratio of today is 55.35.

During the past 13 years, the highest Shiller PE Ratio of Vulcan Materials Co was 162.49. The lowest was 25.37. And the median was 64.43.


Vulcan Materials Co E10 Historical Data

The historical data trend for Vulcan Materials Co'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.

Vulcan Materials Co E10 Chart

Vulcan Materials Co 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 - 0.19 0.29 0.33 0.37

Vulcan Materials Co 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 0.34 0.34 0.39 0.37 0.40

Competitive Comparison of Vulcan Materials Co's E10

For the Building Materials subindustry, Vulcan Materials Co'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.


Vulcan Materials Co's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Vulcan Materials Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Vulcan Materials Co's Shiller PE Ratio falls into.



Vulcan Materials Co 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, Vulcan Materials Co'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)
=0.064/131.7762*131.7762
=0.064

Current CPI (Mar. 2024) = 131.7762.

Vulcan Materials Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.013 100.560 0.017
201409 0.019 100.428 0.025
201412 0.012 99.070 0.016
201503 -0.016 99.621 -0.021
201506 0.019 100.684 0.025
201509 0.059 100.392 0.077
201512 0.042 99.792 0.055
201603 0.018 100.470 0.024
201606 0.052 101.688 0.067
201609 0.057 101.861 0.074
201612 0.046 101.863 0.060
201703 0.017 102.862 0.022
201706 0.049 103.349 0.062
201709 0.042 104.136 0.053
201712 0.133 104.011 0.169
201803 0.021 105.290 0.026
201806 0.075 106.317 0.093
201809 0.092 106.507 0.114
201812 0.060 105.998 0.075
201903 0.031 107.251 0.038
201906 0.095 108.070 0.116
201909 0.111 108.329 0.135
201912 0.073 108.420 0.089
202003 0.037 108.902 0.045
202006 0.137 108.767 0.166
202009 0.135 109.815 0.162
202012 0.074 109.897 0.089
202103 0.113 111.754 0.133
202106 0.122 114.631 0.140
202109 0.116 115.734 0.132
202112 0.097 117.630 0.109
202203 0.057 121.301 0.062
202206 0.118 125.017 0.124
202209 0.116 125.227 0.122
202212 0.078 125.222 0.082
202303 0.078 127.348 0.081
202306 0.187 128.729 0.191
202309 0.170 129.860 0.173
202312 0.139 129.419 0.142
202403 0.064 131.776 0.064

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


Vulcan Materials Co  (BSP:V1MC34) 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.

Vulcan Materials Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.14/0.4
=55.35

* 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 Vulcan Materials Co was 162.49. The lowest was 25.37. And the median was 64.43.


Be Aware

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


Vulcan Materials Co E10 Related Terms

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


Vulcan Materials Co (BSP:V1MC34) Business Description

Traded in Other Exchanges
Address
1200 Urban Center Drive, Birmingham, AL, USA, 35242
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2022, Vulcan sold 263.4 million tons of aggregates, 12.2 million tons of asphalt mix, and 10.5 million cubic yards of ready-mix. As of Dec. 31, 2022, the company had nearly 16 billion tons of aggregates reserves.

Vulcan Materials Co (BSP:V1MC34) Headlines

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