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Nucor (BUE:NUE) E10 : ARS828.91 (As of Dec. 2024)


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What is Nucor 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.

Nucor's adjusted earnings per share data for the three months ended in Dec. 2024 was ARS616.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS828.91 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Nucor's average E10 Growth Rate was 8.20% per year. During the past 3 years, the average E10 Growth Rate was 27.30% per year. During the past 5 years, the average E10 Growth Rate was 36.10% per year. During the past 10 years, the average E10 Growth Rate was 17.50% 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 Nucor was 49.00% per year. The lowest was -10.50% per year. And the median was 12.20% per year.

As of today (2025-03-05), Nucor's current stock price is ARS10375.00. Nucor's E10 for the quarter that ended in Dec. 2024 was ARS828.91. Nucor's Shiller PE Ratio of today is 12.52.

During the past 13 years, the highest Shiller PE Ratio of Nucor was 32.27. The lowest was 10.30. And the median was 18.61.


Nucor E10 Historical Data

The historical data trend for Nucor'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.

Nucor E10 Chart

Nucor Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.11 554.18 181.21 620.89 828.91

Nucor Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 620.89 736.25 945.04 861.86 828.91

Competitive Comparison of Nucor's E10

For the Steel subindustry, Nucor'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.


Nucor's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nucor's Shiller PE Ratio distribution charts can be found below:

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



Nucor 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, Nucor's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=616.1/133.1571*133.1571
=616.100

Current CPI (Dec. 2024) = 133.1571.

Nucor Quarterly Data

per share eps CPI Adj_EPS
201503 0.926 99.621 1.238
201506 1.772 100.684 2.344
201509 3.338 100.392 4.427
201512 -1.230 99.792 -1.641
201603 1.972 100.470 2.614
201606 5.312 101.688 6.956
201609 7.085 101.861 9.262
201612 3.963 101.863 5.181
201703 8.556 102.862 11.076
201706 8.244 103.349 10.622
201709 6.922 104.136 8.851
201712 11.457 104.011 14.667
201803 11.082 105.290 14.015
201806 26.561 106.317 33.266
201809 39.191 106.507 48.997
201812 39.025 105.998 49.024
201903 31.858 107.251 39.553
201906 28.148 108.070 34.682
201909 25.167 108.329 30.935
201912 10.460 108.420 12.847
202003 2.172 108.902 2.656
202006 12.323 108.767 15.086
202009 23.386 109.815 28.357
202012 52.897 109.897 64.093
202103 139.624 111.754 166.364
202106 238.720 114.631 277.300
202109 355.919 115.734 409.500
202112 402.445 117.630 455.569
202203 411.772 121.301 452.019
202206 581.796 125.017 619.679
202209 451.587 125.227 480.186
202212 409.904 125.222 435.880
202303 439.549 127.348 459.600
202306 697.200 128.729 721.184
202309 799.636 129.860 819.942
202312 570.380 129.419 586.853
202403 1,457.525 131.776 1,472.799
202406 1,199.970 132.554 1,205.431
202409 499.012 133.029 499.493
202412 616.100 133.157 616.100

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


Nucor  (BUE:NUE) 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.

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

Shiller PE Ratio=Share Price/E10
=10375.00/828.91
=12.52

* 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 Nucor was 32.27. The lowest was 10.30. And the median was 18.61.


Be Aware

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


Nucor E10 Related Terms

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


Nucor Business Description

Traded in Other Exchanges
Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.