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RBC Bearings (FRA:B1X) E10 : €4.11 (As of Mar. 2024)


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What is RBC Bearings 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.

RBC Bearings's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.757. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, RBC Bearings's average E10 Growth Rate was 11.30% per year. During the past 3 years, the average E10 Growth Rate was 8.70% per year. During the past 5 years, the average E10 Growth Rate was 9.10% per year. During the past 10 years, the average E10 Growth Rate was 10.10% 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 RBC Bearings was 11.60% per year. The lowest was 7.60% per year. And the median was 9.40% per year.

As of today (2024-05-26), RBC Bearings's current stock price is €276.00. RBC Bearings's E10 for the quarter that ended in Mar. 2024 was €4.11. RBC Bearings's Shiller PE Ratio of today is 67.15.

During the past 13 years, the highest Shiller PE Ratio of RBC Bearings was 70.44. The lowest was 27.30. And the median was 49.40.


RBC Bearings E10 Historical Data

The historical data trend for RBC Bearings'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.

RBC Bearings E10 Chart

RBC Bearings 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 2.87 2.85 3.34 3.60 4.11

RBC Bearings 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 3.60 3.75 3.93 3.84 4.11

Competitive Comparison of RBC Bearings's E10

For the Tools & Accessories subindustry, RBC Bearings'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.


RBC Bearings's Shiller PE Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where RBC Bearings's Shiller PE Ratio falls into.



RBC Bearings 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, RBC Bearings'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)
=1.757/131.7762*131.7762
=1.757

Current CPI (Mar. 2024) = 131.7762.

RBC Bearings Quarterly Data

per share eps CPI Adj_EPS
201406 0.508 100.560 0.666
201409 0.442 100.428 0.580
201412 0.487 99.070 0.648
201503 0.591 99.621 0.782
201506 0.508 100.684 0.665
201509 0.552 100.392 0.725
201512 0.670 99.792 0.885
201603 0.727 100.470 0.954
201606 0.676 101.688 0.876
201609 0.686 101.861 0.887
201612 0.512 101.863 0.662
201703 0.841 102.862 1.077
201706 0.801 103.349 1.021
201709 0.512 104.136 0.648
201712 0.820 104.011 1.039
201803 0.884 105.290 1.106
201806 0.959 106.317 1.189
201809 1.046 106.507 1.294
201812 0.571 105.998 0.710
201903 1.124 107.251 1.381
201906 1.089 108.070 1.328
201909 1.144 108.329 1.392
201912 1.098 108.420 1.335
202003 1.222 108.902 1.479
202006 0.808 108.767 0.979
202009 0.696 109.815 0.835
202012 0.707 109.897 0.848
202103 0.832 111.754 0.981
202106 0.789 114.631 0.907
202109 -0.060 115.734 -0.068
202112 -0.159 117.630 -0.178
202203 0.808 121.301 0.878
202206 1.031 125.017 1.087
202209 1.323 125.227 1.392
202212 0.991 125.222 1.043
202303 1.392 127.348 1.440
202306 1.403 128.729 1.436
202309 1.480 129.860 1.502
202312 1.275 129.419 1.298
202403 1.757 131.776 1.757

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


RBC Bearings  (FRA:B1X) 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.

RBC Bearings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=276.00/4.11
=67.15

* 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 RBC Bearings was 70.44. The lowest was 27.30. And the median was 49.40.


Be Aware

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


RBC Bearings E10 Related Terms

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


RBC Bearings (FRA:B1X) Business Description

Traded in Other Exchanges
Address
102 Willenbrock Road, One Tribology Center, Oxford, CT, USA, 06478
RBC Bearings Inc is a manufacturer and marketer of precision bearings and products used in aircraft and mechanical systems. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The products reduce wear in moving parts, facilitate proper power transmission, reduce damage and energy loss, and control pressure and flow. The primary customers for RBC Bearings are industrial markets and aerospace markets such as construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, commercial, private and military aircraft engines, and guided weaponry. The end market is the United States of America.

RBC Bearings (FRA:B1X) Headlines

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