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Rockwool AS (OCSE:ROCK A) E10 : kr93.14 (As of Mar. 2024)


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What is Rockwool AS 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.

Rockwool AS's adjusted earnings per share data for the three months ended in Mar. 2024 was kr40.264. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr93.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rockwool AS's average E10 Growth Rate was 13.10% per year. During the past 3 years, the average E10 Growth Rate was 14.50% per year. During the past 5 years, the average E10 Growth Rate was 14.80% 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 Rockwool AS was 15.30% per year. The lowest was -21.90% per year. And the median was 14.55% per year.

As of today (2024-05-23), Rockwool AS's current stock price is kr2665.00. Rockwool AS's E10 for the quarter that ended in Mar. 2024 was kr93.14. Rockwool AS's Shiller PE Ratio of today is 28.61.

During the past 13 years, the highest Shiller PE Ratio of Rockwool AS was 46.55. The lowest was 12.03. And the median was 29.42.


Rockwool AS E10 Historical Data

The historical data trend for Rockwool AS'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.

Rockwool AS E10 Chart

Rockwool AS 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 52.68 58.96 67.96 79.27 88.62

Rockwool AS 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 82.38 84.21 87.08 88.62 93.14

Competitive Comparison of Rockwool AS's E10

For the Building Products & Equipment subindustry, Rockwool AS'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.


Rockwool AS's Shiller PE Ratio Distribution in the Construction Industry

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

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



Rockwool AS 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, Rockwool AS'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)
=40.264/118.4000*118.4000
=40.264

Current CPI (Mar. 2024) = 118.4000.

Rockwool AS Quarterly Data

per share eps CPI Adj_EPS
201406 11.181 99.700 13.278
201409 11.909 99.700 14.143
201412 8.037 99.400 9.573
201503 5.970 100.200 7.054
201506 11.189 100.300 13.208
201509 6.712 100.200 7.931
201512 7.465 99.800 8.856
201603 9.697 100.200 11.458
201606 15.623 100.600 18.387
201609 17.138 100.200 20.251
201612 15.176 100.300 17.915
201703 11.158 101.200 13.054
201706 15.621 101.200 18.276
201709 18.610 101.800 21.645
201712 27.238 101.300 31.836
201803 18.620 101.700 21.678
201806 23.100 102.300 26.735
201809 25.366 102.400 29.329
201812 23.053 102.100 26.733
201903 19.407 102.900 22.330
201906 26.897 102.900 30.949
201909 26.129 102.900 30.065
201912 24.501 102.900 28.192
202003 20.929 103.300 23.988
202006 13.422 103.200 15.399
202009 26.033 103.500 29.781
202012 25.369 103.400 29.049
202103 23.059 104.300 26.176
202106 29.004 105.000 32.705
202109 27.513 105.800 30.790
202112 24.539 106.600 27.255
202203 21.566 109.900 23.234
202206 21.583 113.600 22.495
202209 15.629 116.400 15.898
202212 34.966 115.900 35.720
202303 26.796 117.300 27.047
202306 34.992 116.400 35.593
202309 38.033 117.400 38.357
202312 34.286 116.700 34.785
202403 40.264 118.400 40.264

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


Rockwool AS  (OCSE:ROCK A) 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.

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

Shiller PE Ratio=Share Price/E10
=2665.00/93.14
=28.61

* 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 Rockwool AS was 46.55. The lowest was 12.03. And the median was 29.42.


Be Aware

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


Rockwool AS E10 Related Terms

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


Rockwool AS (OCSE:ROCK A) Business Description

Traded in Other Exchanges
Address
Hovedgaden 584, Hedehusene, DNK, 2640
Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

Rockwool AS (OCSE:ROCK A) Headlines

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