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Tryg A/S (FRA:T2V1) E10 : €0.96 (As of Mar. 2024)


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What is Tryg A/S 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.

Tryg A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.165. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tryg A/S's average E10 Growth Rate was -0.40% per year. During the past 3 years, the average E10 Growth Rate was 3.70% per year. During the past 5 years, the average E10 Growth Rate was 6.60% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Tryg A/S was 8.70% per year. The lowest was 3.70% per year. And the median was 8.70% per year.

As of today (2024-06-08), Tryg A/S's current stock price is €19.26. Tryg A/S's E10 for the quarter that ended in Mar. 2024 was €0.96. Tryg A/S's Shiller PE Ratio of today is 20.06.

During the past 13 years, the highest Shiller PE Ratio of Tryg A/S was 30.93. The lowest was 10.21. And the median was 22.93.


Tryg A/S E10 Historical Data

The historical data trend for Tryg A/S'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.

Tryg A/S E10 Chart

Tryg A/S 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 0.74 0.84 0.91 0.96 0.95

Tryg A/S 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 0.96 0.95 0.95 0.95 0.96

Competitive Comparison of Tryg A/S's E10

For the Insurance - Diversified subindustry, Tryg A/S'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.


Tryg A/S's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Tryg A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tryg A/S's Shiller PE Ratio falls into.



Tryg A/S 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, Tryg A/S'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)
=0.165/118.4000*118.4000
=0.165

Current CPI (Mar. 2024) = 118.4000.

Tryg A/S Quarterly Data

per share eps CPI Adj_EPS
201406 0.309 99.700 0.367
201409 0.209 99.700 0.248
201412 0.233 99.400 0.278
201503 0.190 100.200 0.225
201506 0.211 100.300 0.249
201509 0.042 100.200 0.050
201512 0.278 99.800 0.330
201603 0.165 100.200 0.195
201606 0.297 100.600 0.350
201609 0.264 100.200 0.312
201612 0.212 100.300 0.250
201703 0.230 101.200 0.269
201706 0.272 101.200 0.318
201709 0.256 101.800 0.298
201712 0.196 101.300 0.229
201803 0.147 101.700 0.171
201806 0.196 102.300 0.227
201809 0.216 102.400 0.250
201812 0.039 102.100 0.045
201903 0.262 102.900 0.301
201906 0.270 102.900 0.311
201909 0.207 102.900 0.238
201912 0.243 102.900 0.280
202003 -0.197 103.300 -0.226
202006 0.555 103.200 0.637
202009 0.414 103.500 0.474
202012 0.462 103.400 0.529
202103 0.336 104.300 0.381
202106 -0.013 105.000 -0.015
202109 0.235 105.800 0.263
202112 0.300 106.600 0.333
202203 0.023 109.900 0.025
202206 0.089 113.600 0.093
202209 0.129 116.400 0.131
202212 0.226 115.900 0.231
202303 0.188 117.300 0.190
202306 0.199 116.400 0.202
202309 0.189 117.400 0.191
202312 0.240 116.700 0.243
202403 0.165 118.400 0.165

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


Tryg A/S  (FRA:T2V1) 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.

Tryg A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.26/0.96
=20.06

* 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 Tryg A/S was 30.93. The lowest was 10.21. And the median was 22.93.


Be Aware

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


Tryg A/S E10 Related Terms

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


Tryg A/S (FRA:T2V1) Business Description

Traded in Other Exchanges
Address
Klausdalsbrovej 601, Ballerup, DNK, 2750
Tryg A/S is a diversified insurance company. The company operates in multiple segments, including private, commercial, corporate, and other. The company's private segment, which focuses on general insurance products and services for private individuals in Denmark and Norway, generates the vast majority of the company's revenue. The company generates most of its revenue in Denmark, followed by Norway and Sweden. The firm considers merger and acquisition investment as a component of its operational growth strategy.

Tryg A/S (FRA:T2V1) Headlines

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