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Eurofins Scientific SE (Eurofins Scientific SE) E10 : $1.98 (As of Dec. 2023)


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What is Eurofins Scientific SE 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.

Eurofins Scientific SE's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was $1.712. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.98 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Eurofins Scientific SE's average E10 Growth Rate was 11.00% per year. During the past 3 years, the average E10 Growth Rate was 26.00% per year. During the past 5 years, the average E10 Growth Rate was 31.40% per year. During the past 10 years, the average E10 Growth Rate was 30.60% 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 Eurofins Scientific SE was 39.50% per year. The lowest was 26.00% per year. And the median was 29.65% per year.

As of today (2024-04-27), Eurofins Scientific SE's current stock price is $ 60.00. Eurofins Scientific SE's E10 for the fiscal year that ended in Dec. 2023 was $1.98. Eurofins Scientific SE's Shiller PE Ratio of today is 30.30.

During the past 13 years, the highest Shiller PE Ratio of Eurofins Scientific SE was 187.48. The lowest was 28.04. And the median was 115.14.


Eurofins Scientific SE E10 Historical Data

The historical data trend for Eurofins Scientific SE'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.

Eurofins Scientific SE E10 Chart

Eurofins Scientific SE 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 0.73 1.09 1.53 1.77 1.98

Eurofins Scientific SE 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 1.53 - 1.77 - 1.98

Competitive Comparison of Eurofins Scientific SE's E10

For the Diagnostics & Research subindustry, Eurofins Scientific SE'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.


Eurofins Scientific SE's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Eurofins Scientific SE's Shiller PE Ratio distribution charts can be found below:

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



Eurofins Scientific SE 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, Eurofins Scientific SE'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)
=1.712/121.1700*121.1700
=1.712

Current CPI (Dec. 2023) = 121.1700.

Eurofins Scientific SE Annual Data

per_share_eps CPI Adj_EPS
201412 0.607 98.830 0.744
201512 0.585 99.910 0.709
201612 0.861 101.040 1.033
201712 1.180 102.410 1.396
201812 1.392 104.320 1.617
201912 1.167 106.080 1.333
202012 3.345 106.670 3.800
202112 4.407 111.090 4.807
202212 3.252 117.060 3.366
202312 1.712 121.170 1.712

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


Eurofins Scientific SE  (OTCPK:ERFSF) 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.

Eurofins Scientific SE's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=60.00/1.98
=30.30

* 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 Eurofins Scientific SE was 187.48. The lowest was 28.04. And the median was 115.14.


Be Aware

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


Eurofins Scientific SE E10 Related Terms

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


Eurofins Scientific SE (Eurofins Scientific SE) Business Description

Traded in Other Exchanges
Address
23 Val Fleuri, Luxembourg, LUX, L-1526
Eurofins, headquartered in Luxembourg, is a decentralized network of life sciences companies that provide various analytical tests and laboratory services. These include tests to evaluate the safety, identity, composition, authenticity, purity, origin, and traceability of various biological substances and products. Eurofins operates over 900 laboratories in 61 countries. Its revenue from Europe, North America, and the Rest of the World contribute approximately 50%, 40%, and 10% of total revenue respectively. Its main business activities are food and environmental testing, biopharmaceutical services, diagnostic services and products, and consumer and technology products testing, which contribute approximately 40%, 30%, 20%, and 10% respectively.

Eurofins Scientific SE (Eurofins Scientific SE) Headlines