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Berner Industrier AB (OSTO:BERNER B) E10 : kr1.76 (As of Mar. 2024)


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What is Berner Industrier AB 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.

Berner Industrier AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr1.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Berner Industrier AB's average E10 Growth Rate was 14.30% 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.

As of today (2024-05-26), Berner Industrier AB's current stock price is kr34.60. Berner Industrier AB's E10 for the quarter that ended in Mar. 2024 was kr1.76. Berner Industrier AB's Shiller PE Ratio of today is 19.66.

During the past 13 years, the highest Shiller PE Ratio of Berner Industrier AB was 20.87. The lowest was 13.12. And the median was 16.20.


Berner Industrier AB E10 Historical Data

The historical data trend for Berner Industrier AB'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.

Berner Industrier AB E10 Chart

Berner Industrier AB 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 - - - -13.65 1.72

Berner Industrier AB 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 1.54 1.61 1.66 1.72 1.76

Competitive Comparison of Berner Industrier AB's E10

For the Specialty Industrial Machinery subindustry, Berner Industrier AB'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.


Berner Industrier AB's Shiller PE Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Berner Industrier AB's Shiller PE Ratio falls into.



Berner Industrier AB 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, Berner Industrier AB'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)
=0.47/132.2054*132.2054
=0.470

Current CPI (Mar. 2024) = 132.2054.

Berner Industrier AB Quarterly Data

per share eps CPI Adj_EPS
201406 0.182 100.432 0.240
201409 0.232 100.161 0.306
201412 0.113 100.225 0.149
201503 0.190 99.950 0.251
201506 0.210 99.995 0.278
201509 0.260 100.228 0.343
201512 0.550 100.276 0.725
201603 0.200 100.751 0.262
201606 0.350 101.019 0.458
201609 0.210 101.138 0.275
201612 0.230 102.022 0.298
201703 0.010 102.022 0.013
201706 0.340 102.752 0.437
201709 0.310 103.279 0.397
201712 0.220 103.793 0.280
201803 0.250 103.962 0.318
201806 0.560 104.875 0.706
201809 0.580 105.679 0.726
201812 0.630 105.912 0.786
201903 0.550 105.886 0.687
201906 0.460 106.742 0.570
201909 0.570 107.214 0.703
201912 0.450 107.766 0.552
202003 0.130 106.563 0.161
202006 0.510 107.498 0.627
202009 0.650 107.635 0.798
202012 0.370 108.296 0.452
202103 0.260 108.360 0.317
202106 0.280 108.928 0.340
202109 0.940 110.338 1.126
202112 -0.270 112.486 -0.317
202203 0.170 114.825 0.196
202206 0.380 118.384 0.424
202209 0.640 122.296 0.692
202212 0.100 126.365 0.105
202303 0.470 127.042 0.489
202306 0.600 129.407 0.613
202309 0.770 130.224 0.782
202312 0.580 131.912 0.581
202403 0.470 132.205 0.470

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


Berner Industrier AB  (OSTO:BERNER 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.

Berner Industrier AB's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=34.60/1.76
=19.66

* 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 Berner Industrier AB was 20.87. The lowest was 13.12. And the median was 16.20.


Be Aware

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


Berner Industrier AB E10 Related Terms

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


Berner Industrier AB (OSTO:BERNER B) Business Description

Traded in Other Exchanges
N/A
Address
Designvagen 1, Box 88, Molnlycke, SWE, SE-435 22
Christian Berner Tech Trade AB is a technology trading company. It simplifies the decision-making process for customers by offering analysis of the customer's technical requirements, development, installation & service in the fields of processing, construction and engineering industries. The company's products include vibration and noise-damping materials, filter and process technology, UV aggregates and industrial equipment.

Berner Industrier AB (OSTO:BERNER B) Headlines

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