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Hapag-Lloyd AG (XTER:HLAG) E10 : €18.23 (As of Mar. 2024)


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What is Hapag-Lloyd AG 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.

Hapag-Lloyd AG's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €18.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hapag-Lloyd AG's average E10 Growth Rate was 7.60% 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 (2024-06-06), Hapag-Lloyd AG's current stock price is €178.10. Hapag-Lloyd AG's E10 for the quarter that ended in Mar. 2024 was €18.23. Hapag-Lloyd AG's Shiller PE Ratio of today is 9.77.

During the past 13 years, the highest Shiller PE Ratio of Hapag-Lloyd AG was 433.64. The lowest was 6.18. And the median was 18.06.


Hapag-Lloyd AG E10 Historical Data

The historical data trend for Hapag-Lloyd AG'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.

Hapag-Lloyd AG E10 Chart

Hapag-Lloyd AG 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 - - 4.92 15.37 17.74

Hapag-Lloyd AG 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 16.95 17.60 17.87 17.74 18.23

Competitive Comparison of Hapag-Lloyd AG's E10

For the Marine Shipping subindustry, Hapag-Lloyd AG'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.


Hapag-Lloyd AG's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hapag-Lloyd AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hapag-Lloyd AG's Shiller PE Ratio falls into.



Hapag-Lloyd AG 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, Hapag-Lloyd AG'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)
=1.68/125.0381*125.0381
=1.680

Current CPI (Mar. 2024) = 125.0381.

Hapag-Lloyd AG Quarterly Data

per share eps CPI Adj_EPS
201406 -0.515 99.543 -0.647
201409 -0.762 99.823 -0.954
201412 -5.352 99.543 -6.723
201503 1.207 99.717 1.513
201506 0.267 100.417 0.332
201509 0.020 100.417 0.025
201512 -0.465 99.717 -0.583
201603 -0.366 100.017 -0.458
201606 -0.841 100.717 -1.044
201609 0.069 101.017 0.085
201612 0.327 101.217 0.404
201703 -0.494 101.417 -0.609
201706 0.100 102.117 0.122
201709 0.310 102.717 0.377
201712 0.140 102.617 0.171
201803 -0.210 102.917 -0.255
201806 -0.400 104.017 -0.481
201809 0.640 104.718 0.764
201812 0.180 104.217 0.216
201903 0.520 104.217 0.624
201906 0.260 105.718 0.308
201909 0.850 106.018 1.002
201912 0.430 105.818 0.508
202003 0.120 105.718 0.142
202006 1.460 106.618 1.712
202009 1.430 105.818 1.690
202012 2.260 105.518 2.678
202103 6.830 107.518 7.943
202106 8.640 108.486 9.958
202109 16.130 109.435 18.430
202112 20.030 110.384 22.689
202203 23.710 113.968 26.013
202206 25.480 115.760 27.522
202209 29.110 118.818 30.634
202212 18.590 119.345 19.477
202303 10.760 122.402 10.992
202306 5.710 123.140 5.798
202309 1.470 124.195 1.480
202312 -1.230 123.773 -1.243
202403 1.680 125.038 1.680

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


Hapag-Lloyd AG  (XTER:HLAG) 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.

Hapag-Lloyd AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=178.10/18.23
=9.77

* 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 Hapag-Lloyd AG was 433.64. The lowest was 6.18. And the median was 18.06.


Be Aware

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


Hapag-Lloyd AG E10 Related Terms

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


Hapag-Lloyd AG (XTER:HLAG) Business Description

Address
Ballindamm 25, Hamburg, DEU, 20095
Hapag-Lloyd AG is a global liner shipping company engaged in the transportation of various products which include Food products, chemical products, mechanical engineering products, raw materials, textiles, and other products through containers and vessels. Hapag also provides various services such as e-business solutions, security information services, and special cargo services. Its geographical area of operation includes Atlantic, Transpacific, Far East, Middle East, Latin America, Intra-Asia, and Africa.
Executives
Dr. Maximilian Rothkopf Board of Directors
Rolf Eric Habben Jansen Board of Directors

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