GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Strattec Security Corp (FRA:SS8) » Definitions » E10

Strattec Security (FRA:SS8) E10 : €1.80 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Strattec Security 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.

Strattec Security's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Strattec Security's average E10 Growth Rate was -14.50% per year. During the past 3 years, the average E10 Growth Rate was 2.20% per year. During the past 5 years, the average E10 Growth Rate was -0.70% per year. During the past 10 years, the average E10 Growth Rate was -0.10% 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 Strattec Security was 7.60% per year. The lowest was -10.20% per year. And the median was -2.00% per year.

As of today (2024-06-09), Strattec Security's current stock price is €25.40. Strattec Security's E10 for the quarter that ended in Mar. 2024 was €1.80. Strattec Security's Shiller PE Ratio of today is 14.11.

During the past 13 years, the highest Shiller PE Ratio of Strattec Security was 42.95. The lowest was 5.17. And the median was 14.94.


Strattec Security E10 Historical Data

The historical data trend for Strattec Security'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.

Strattec Security E10 Chart

Strattec Security Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 1.75 2.16 2.55 1.93

Strattec Security 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 2.02 1.93 2.04 1.86 1.80

Competitive Comparison of Strattec Security's E10

For the Auto Parts subindustry, Strattec Security'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.


Strattec Security's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Strattec Security's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Strattec Security's Shiller PE Ratio falls into.



Strattec Security 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, Strattec Security'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)
=0.34/131.7762*131.7762
=0.340

Current CPI (Mar. 2024) = 131.7762.

Strattec Security Quarterly Data

per share eps CPI Adj_EPS
201406 1.163 100.560 1.524
201409 1.979 100.428 2.597
201412 1.281 99.070 1.704
201503 1.109 99.621 1.467
201506 0.294 100.684 0.385
201509 0.802 100.392 1.053
201512 0.854 99.792 1.128
201603 0.467 100.470 0.613
201606 0.142 101.688 0.184
201609 0.374 101.861 0.484
201612 0.104 101.863 0.135
201703 0.888 102.862 1.138
201706 0.427 103.349 0.544
201709 0.562 104.136 0.711
201712 0.659 104.011 0.835
201803 0.649 105.290 0.812
201806 0.916 106.317 1.135
201809 0.797 106.507 0.986
201812 -5.300 105.998 -6.589
201903 0.407 107.251 0.500
201906 -0.018 108.070 -0.022
201909 0.300 108.329 0.365
201912 -0.324 108.420 -0.394
202003 0.715 108.902 0.865
202006 -2.486 108.767 -3.012
202009 1.791 109.815 2.149
202012 1.521 109.897 1.824
202103 0.966 111.754 1.139
202106 0.623 114.631 0.716
202109 0.026 115.734 0.030
202112 0.770 117.630 0.863
202203 0.726 121.301 0.789
202206 0.095 125.017 0.100
202209 0.030 125.227 0.032
202212 -0.444 125.222 -0.467
202303 -0.532 127.348 -0.550
202306 -0.637 128.729 -0.652
202309 0.984 129.860 0.999
202312 0.238 129.419 0.242
202403 0.340 131.776 0.340

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


Strattec Security  (FRA:SS8) 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.

Strattec Security's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.40/1.8
=14.11

* 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 Strattec Security was 42.95. The lowest was 5.17. And the median was 14.94.


Be Aware

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


Strattec Security E10 Related Terms

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


Strattec Security (FRA:SS8) Business Description

Traded in Other Exchanges
Address
3333 West Good Hope Road, Milwaukee, WI, USA, 53209
Strattec Security Corp designs develops, manufactures and markets mechanical locks, electronically enhanced locks and keys. It also produces ignition lock housings; access control products, including latches, power sliding door systems, and door handles. Strattec ships products to customer locations in the United States, Canada, Mexico, Europe, South America, Korea and China, and provides full-service aftermarket support. Strattec also supplies products for the heavy truck and recreational vehicle markets, as well as precision, die castings.

Strattec Security (FRA:SS8) Headlines

No Headlines