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Per Aarsleff Holding A/S (OCSE:PAAL B) E10 : kr22.14 (As of Mar. 2024)


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What is Per Aarsleff Holding A/S 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.

Per Aarsleff Holding A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was kr9.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr22.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Per Aarsleff Holding A/S's average E10 Growth Rate was 20.10% per year. During the past 3 years, the average E10 Growth Rate was 21.60% per year. During the past 5 years, the average E10 Growth Rate was 19.10% 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 Per Aarsleff Holding A/S was 21.60% per year. The lowest was 16.10% per year. And the median was 20.40% per year.

As of today (2024-06-09), Per Aarsleff Holding A/S's current stock price is kr378.00. Per Aarsleff Holding A/S's E10 for the quarter that ended in Mar. 2024 was kr22.14. Per Aarsleff Holding A/S's Shiller PE Ratio of today is 17.07.

During the past 13 years, the highest Shiller PE Ratio of Per Aarsleff Holding A/S was 27.50. The lowest was 10.94. And the median was 20.94.


Per Aarsleff Holding A/S E10 Historical Data

The historical data trend for Per Aarsleff Holding A/S'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.

Per Aarsleff Holding A/S E10 Chart

Per Aarsleff Holding A/S Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.76 11.52 13.77 17.05 20.70

Per Aarsleff Holding A/S 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 18.44 19.30 20.70 21.08 22.14

Competitive Comparison of Per Aarsleff Holding A/S's E10

For the Engineering & Construction subindustry, Per Aarsleff Holding A/S'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.


Per Aarsleff Holding A/S's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Per Aarsleff Holding A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Per Aarsleff Holding A/S's Shiller PE Ratio falls into.



Per Aarsleff Holding A/S 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, Per Aarsleff Holding A/S'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)
=9.4/118.4000*118.4000
=9.400

Current CPI (Mar. 2024) = 118.4000.

Per Aarsleff Holding A/S Quarterly Data

per share eps CPI Adj_EPS
201406 3.986 99.700 4.734
201409 1.001 99.700 1.189
201412 0.461 99.400 0.549
201503 2.510 100.200 2.966
201506 5.500 100.300 6.493
201509 1.263 100.200 1.492
201512 4.410 99.800 5.232
201603 1.930 100.200 2.281
201606 4.700 100.600 5.532
201609 3.760 100.200 4.443
201612 3.630 100.300 4.285
201703 0.110 101.200 0.129
201706 4.790 101.200 5.604
201709 4.612 101.800 5.364
201712 3.830 101.300 4.477
201803 2.360 101.700 2.748
201806 5.930 102.300 6.863
201809 4.530 102.400 5.238
201812 2.750 102.100 3.189
201903 4.350 102.900 5.005
201906 6.430 102.900 7.399
201909 4.230 102.900 4.867
201912 6.420 102.900 7.387
202003 1.070 103.300 1.226
202006 6.840 103.200 7.847
202009 4.530 103.500 5.182
202012 6.530 103.400 7.477
202103 4.370 104.300 4.961
202106 6.830 105.000 7.702
202109 5.800 105.800 6.491
202112 6.300 106.600 6.997
202203 2.350 109.900 2.532
202206 5.710 113.600 5.951
202209 8.320 116.400 8.463
202212 8.360 115.900 8.540
202303 7.390 117.300 7.459
202306 11.940 116.400 12.145
202309 13.159 117.400 13.271
202312 8.150 116.700 8.269
202403 9.400 118.400 9.400

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


Per Aarsleff Holding A/S  (OCSE:PAAL B) 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.

Per Aarsleff Holding A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=378.00/22.14
=17.07

* 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 Per Aarsleff Holding A/S was 27.50. The lowest was 10.94. And the median was 20.94.


Be Aware

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


Per Aarsleff Holding A/S E10 Related Terms

Thank you for viewing the detailed overview of Per Aarsleff Holding A/S's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Per Aarsleff Holding A/S (OCSE:PAAL B) Business Description

Traded in Other Exchanges
Address
Hasselager Alle 5, Viby J, DNK, 8260
Per Aarsleff Holding A/S contracts, plans and implements projects in infrastructure, climate change adaptation, environment, energy, construction, and collaboration. It has Construction, Pipe technologies, Technical, rail, and Ground engineering segments. Construction segment consists construction, shell structures, building construction and international projects. Pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. Ground engineering segment comprises ground engineering, pile factories, and engineering, Rail segment comprises train station services, service center operations, and maintenance projects. It derives key revenue from the Construction segment. Geographically the group has a business presence in Denmark and other countries.

Per Aarsleff Holding A/S (OCSE:PAAL B) Headlines

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