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Mercedes-Benz Group AG (BSE:DAI) E10 : lei54.39 (As of Mar. 2024)


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What is Mercedes-Benz Group 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.

Mercedes-Benz Group AG's adjusted earnings per share data for the three months ended in Mar. 2024 was lei14.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is lei54.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mercedes-Benz Group AG's average E10 Growth Rate was 6.10% per year. During the past 3 years, the average E10 Growth Rate was 17.60% per year. During the past 5 years, the average E10 Growth Rate was 12.70% per year. During the past 10 years, the average E10 Growth Rate was 11.30% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Mercedes-Benz Group AG was 17.60% per year. The lowest was -7.00% per year. And the median was 11.50% per year.

As of today (2024-06-01), Mercedes-Benz Group AG's current stock price is lei327.00. Mercedes-Benz Group AG's E10 for the quarter that ended in Mar. 2024 was lei54.39. Mercedes-Benz Group AG's Shiller PE Ratio of today is 6.01.

During the past 13 years, the highest Shiller PE Ratio of Mercedes-Benz Group AG was 19.46. The lowest was 2.82. And the median was 9.02.


Mercedes-Benz Group AG E10 Historical Data

The historical data trend for Mercedes-Benz Group 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.

Mercedes-Benz Group AG E10 Chart

Mercedes-Benz Group 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 32.48 32.26 42.64 48.50 53.15

Mercedes-Benz Group 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 50.85 49.46 52.06 53.15 54.39

Competitive Comparison of Mercedes-Benz Group AG's E10

For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.


Mercedes-Benz Group AG's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Shiller PE Ratio falls into.



Mercedes-Benz Group 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, Mercedes-Benz Group 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)
=14.27/125.0381*125.0381
=14.270

Current CPI (Mar. 2024) = 125.0381.

Mercedes-Benz Group AG Quarterly Data

per share eps CPI Adj_EPS
201406 12.287 99.543 15.434
201409 15.144 99.823 18.969
201412 5.830 99.543 7.323
201503 9.091 99.717 11.400
201506 10.922 100.417 13.600
201509 11.489 100.417 14.306
201512 8.401 99.717 10.534
201603 6.441 100.017 8.052
201606 11.708 100.717 14.535
201609 12.519 101.017 15.496
201612 9.733 101.217 12.024
201703 11.734 101.417 14.467
201706 11.760 102.117 14.400
201709 10.997 102.717 13.387
201712 15.917 102.617 19.395
201803 12.000 102.917 14.579
201806 8.634 104.017 10.379
201809 8.463 104.718 10.105
201812 7.625 104.217 9.148
201903 10.166 104.217 12.197
201906 -6.432 105.718 -7.607
201909 8.139 106.018 9.599
201912 -0.510 105.818 -0.603
202003 0.457 105.718 0.541
202006 -9.667 106.618 -11.337
202009 10.327 105.818 12.203
202012 18.205 105.518 21.573
202103 21.914 107.518 25.485
202106 18.583 108.486 21.418
202109 12.475 109.435 14.254
202112 61.309 110.384 69.448
202203 16.481 113.968 18.082
202206 14.121 115.760 15.253
202209 16.635 118.818 17.506
202212 18.089 119.345 18.952
202303 18.136 122.402 18.527
202306 16.611 123.140 16.867
202309 16.853 124.195 16.967
202312 14.968 123.773 15.121
202403 14.270 125.038 14.270

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


Mercedes-Benz Group AG  (BSE:DAI) 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.

Mercedes-Benz Group AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=327.00/54.39
=6.01

* 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 Mercedes-Benz Group AG was 19.46. The lowest was 2.82. And the median was 9.02.


Be Aware

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


Mercedes-Benz Group AG E10 Related Terms

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


Mercedes-Benz Group AG (BSE:DAI) Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).

Mercedes-Benz Group AG (BSE:DAI) Headlines

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