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URS (FRA:URS) E10 : €2.27 (As of Jun. 2014)


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What is URS 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.

URS's adjusted earnings per share data for the three months ended in Jun. 2014 was €0.935. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.27 for the trailing ten years ended in Jun. 2014.

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.

As of today (2024-06-07), URS's current stock price is €45.41. URS's E10 for the quarter that ended in Jun. 2014 was €2.27. URS's Shiller PE Ratio of today is 20.00.

During the past 13 years, the highest Shiller PE Ratio of URS was 30.29. The lowest was 10.25. And the median was 17.74.


URS E10 Historical Data

The historical data trend for URS'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.

URS E10 Chart

URS Annual Data
Trend Oct04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 2.03 1.80 2.05 2.18

URS Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 2.14 2.20 2.18 2.17 2.27

Competitive Comparison of URS's E10

For the Engineering & Construction subindustry, URS'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.


URS's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, URS's Shiller PE Ratio distribution charts can be found below:

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



URS 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, URS's adjusted earnings per share data for the three months ended in Jun. 2014 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=0.935/100.5595*100.5595
=0.935

Current CPI (Jun. 2014) = 100.5595.

URS Quarterly Data

per share eps CPI Adj_EPS
200407 0.139 79.910 0.175
200410 0.469 80.543 0.586
200503 0.341 81.555 0.420
200506 0.140 82.062 0.172
200509 0.474 83.876 0.568
200512 0.433 83.032 0.524
200603 0.391 84.298 0.466
200606 0.498 85.606 0.585
200609 0.456 85.606 0.536
200612 0.383 85.142 0.452
200703 0.438 86.640 0.508
200706 0.521 87.906 0.596
200709 0.525 87.964 0.600
200712 0.269 88.616 0.305
200803 0.380 90.090 0.424
200806 0.450 92.320 0.490
200809 0.551 92.307 0.600
200812 0.411 88.697 0.466
200903 0.705 89.744 0.790
200906 0.828 91.003 0.915
200909 0.542 91.120 0.598
200912 0.283 91.111 0.312
201003 0.862 91.821 0.944
201006 0.622 91.962 0.680
201009 0.664 92.162 0.725
201012 0.564 92.474 0.613
201103 0.563 94.283 0.600
201106 0.597 95.235 0.630
201109 -5.852 95.727 -6.147
201112 4.506 95.213 4.759
201203 0.810 96.783 0.842
201206 0.574 96.819 0.596
201209 1.110 97.633 1.143
201212 0.721 96.871 0.748
201303 0.741 98.209 0.759
201306 0.690 98.518 0.704
201309 0.898 98.790 0.914
201312 0.185 98.326 0.189
201403 0.268 99.695 0.270
201406 0.935 100.560 0.935

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


URS  (FRA:URS) 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.

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

Shiller PE Ratio=Share Price/E10
=45.41/2.27
=20.00

* 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 URS was 30.29. The lowest was 10.25. And the median was 17.74.


Be Aware

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


URS E10 Related Terms

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


URS (FRA:URS) Business Description

Traded in Other Exchanges
N/A
Address
URS Corporation was originally incorporated in California on May 1, 1957 under the former name of Broadview Research Corporation. On May 18, 1976, it re-incorporated in Delaware under the name URS Corporation. After several additional name changes, it re-adopted the name 'URS Corporation' on February 21, 1990. The Company is an international provider of engineering, construction and technical services. It offers a range of program management, planning, design, engineering, construction and construction management, operations and maintenance, and decommissioning and closure services to public agencies and private sector clients around the world. It is also a U.S. federal government contractor in the areas of systems engineering and technical assistance, and operations and maintenance. The Company expertise is focused in four market sectors: power, infrastructure, federal, and industrial and commercial. Within these markets, it offers a broad range of services, including program management; planning, design and engineering; systems engineering and technical assistance; IT services; construction and construction management; operations and maintenance; and decommissioning and closure. In the power sector, the Company plans, designs, engineers, constructs, retrofits and maintains a wide range of power-generating facilities, as well as the systems that transmit and distribute electricity. Its services include planning, siting and licensing, permitting, engineering, procurement, construction and construction management, facility start-up, operations and maintenance, upgrades and modifications, and decommissioning and closure. It provides these services to utilities, industrial co-generators, independent power producers, original equipment manufacturers and government utilities. In the infrastructure sector, the Company plans, designs, engineers, constructs, retrofits and maintains a wide range of power-generating facilities, as well as the systems that transmit and distribute electricity. Its services include planning, siting and licensing, permitting, engineering, procurement, construction and construction management, facility start-up, operations and maintenance, upgrades and modifications, and decommissioning and closure. As a contractor to the U.S. federal government and national governments of other countries, it serves a wide variety of government departments and agencies, including the DOD, DHS, Department of Energy, as well as the General Services Administration, the Environmental Protection Agency, NASA and other federal agencies. The Company's services range from program management; planning, design and engineering; systems engineering and technical assistance; and IT services to construction and construction management; operations and maintenance; and decommissioning and closure. In industrial and commercial sector it provides a wide range of engineering, procurement and construction services for new industrial and commercial

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