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Conrad Industries (Conrad Industries) E10 : $2.33 (As of Sep. 2023)


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What is Conrad Industries 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.

Conrad Industries's adjusted earnings per share data for the three months ended in Sep. 2023 was $-0.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.33 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Conrad Industries's average E10 Growth Rate was -6.40% per year. During the past 3 years, the average E10 Growth Rate was -8.90% per year. During the past 5 years, the average E10 Growth Rate was -0.50% per year. During the past 10 years, the average E10 Growth Rate was 17.40% 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 Conrad Industries was 60.00% per year. The lowest was -8.90% per year. And the median was 27.40% per year.

As of today (2024-05-03), Conrad Industries's current stock price is $7.00. Conrad Industries's E10 for the quarter that ended in Sep. 2023 was $2.33. Conrad Industries's Shiller PE Ratio of today is 3.00.

During the past 13 years, the highest Shiller PE Ratio of Conrad Industries was 19.32. The lowest was 2.90. And the median was 7.00.


Conrad Industries E10 Historical Data

The historical data trend for Conrad Industries'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.

Conrad Industries E10 Chart

Conrad Industries Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 2.88 2.81 2.51 2.18

Conrad Industries Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep22 Sep23
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 2.49 2.37 2.18 2.35 2.33

Competitive Comparison of Conrad Industries's E10

For the Aerospace & Defense subindustry, Conrad Industries'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.


Conrad Industries's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Conrad Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Conrad Industries's Shiller PE Ratio falls into.



Conrad Industries 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, Conrad Industries's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.63/129.8595*129.8595
=-0.630

Current CPI (Sep. 2023) = 129.8595.

Conrad Industries Quarterly Data

per share eps CPI Adj_EPS
200909 0.430 91.120 0.613
200912 0.430 91.111 0.613
201003 0.270 91.821 0.382
201006 0.560 91.962 0.791
201009 0.260 92.162 0.366
201012 0.510 92.474 0.716
201103 0.580 94.283 0.799
201106 0.810 95.235 1.104
201109 0.540 95.727 0.733
201112 1.080 95.213 1.473
201203 0.520 96.783 0.698
201206 0.870 96.819 1.167
201209 0.740 97.633 0.984
201212 1.330 96.871 1.783
201303 0.990 98.209 1.309
201306 1.020 98.518 1.344
201309 1.090 98.790 1.433
201312 1.700 98.326 2.245
201403 1.080 99.695 1.407
201406 1.140 100.560 1.472
201409 0.740 100.428 0.957
201412 0.880 99.070 1.153
201503 0.680 99.621 0.886
201506 0.210 100.684 0.271
201509 0.350 100.392 0.453
201512 0.620 99.792 0.807
201603 0.490 100.470 0.633
201606 0.250 101.688 0.319
201609 -0.920 101.861 -1.173
201612 -0.160 101.863 -0.204
201703 0.020 102.862 0.025
201706 0.270 103.349 0.339
201709 -0.040 104.136 -0.050
201712 -0.670 104.011 -0.837
201803 0.120 105.290 0.148
201806 0.940 106.317 1.148
201809 -0.510 106.507 -0.622
201812 -0.510 105.998 -0.625
202209 -1.060 125.227 -1.099
202309 -0.630 129.860 -0.630

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


Conrad Industries  (OTCPK:CNRD) 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.

Conrad Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.00/2.33
=3.00

* 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 Conrad Industries was 19.32. The lowest was 2.90. And the median was 7.00.


Be Aware

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


Conrad Industries E10 Related Terms

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


Conrad Industries (Conrad Industries) Business Description

Traded in Other Exchanges
N/A
Address
1100 Brashear Avenue, Suite 200, Morgan City, LA, USA, 70380
Conrad Industries Inc is engaged in the construction, repair, and conversion of steel and aluminum marine vessels for commercial and governmental customers. The business activity of the firm is operated through Vessel Construction and Repair and Conversions segments. It generates maximum revenue from the Vessel Construction segment. The Vessel Construction segment involves the building of a new vessel, often including engineering and design. The Repair and Conversions segment comprises work on an existing vessel.
Executives
Myers Kenneth G Jr director, officer: President and CEO STEWART ENTERPRISES, INC., 1333 SOUTH CLEARVIEW PARKWAY, JEFFERSON LA 70121