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Metallus (FRA:ZS2) E10 : €-0.29 (As of Mar. 2024)


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What is Metallus 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.

Metallus's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.478. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.29 for the trailing ten years ended in Mar. 2024.

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 (2024-06-07), Metallus's current stock price is €20.40. Metallus's E10 for the quarter that ended in Mar. 2024 was €-0.29. Metallus's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Metallus was 54.44. The lowest was 36.10. And the median was 45.10.


Metallus E10 Historical Data

The historical data trend for Metallus'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.

Metallus E10 Chart

Metallus 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 - - - -0.14 -0.24

Metallus 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 -0.17 -0.18 -0.18 -0.24 -0.29

Competitive Comparison of Metallus's E10

For the Steel subindustry, Metallus'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.


Metallus's Shiller PE Ratio Distribution in the Steel Industry

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

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



Metallus 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, Metallus'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)
=0.478/131.7762*131.7762
=0.478

Current CPI (Mar. 2024) = 131.7762.

Metallus Quarterly Data

per share eps CPI Adj_EPS
201406 0.464 100.560 0.608
201409 0.435 100.428 0.571
201412 0.300 99.070 0.399
201503 0.139 99.621 0.184
201506 -0.481 100.684 -0.630
201509 -0.615 100.392 -0.807
201512 -0.532 99.792 -0.703
201603 -0.198 100.470 -0.260
201606 -0.134 101.688 -0.174
201609 -0.445 101.861 -0.576
201612 -1.441 101.863 -1.864
201703 -0.112 102.862 -0.143
201706 0.027 103.349 0.034
201709 -0.109 104.136 -0.138
201712 -0.651 104.011 -0.825
201803 -0.032 105.290 -0.040
201806 0.163 106.317 0.202
201809 0.026 106.507 0.032
201812 -0.782 105.998 -0.972
201903 0.071 107.251 0.087
201906 -0.239 108.070 -0.291
201909 -0.345 108.329 -0.420
201912 -1.701 108.420 -2.067
202003 -0.398 108.902 -0.482
202006 -0.302 108.767 -0.366
202009 -0.263 109.815 -0.316
202012 -0.238 109.897 -0.285
202103 0.168 111.754 0.198
202106 0.813 114.631 0.935
202109 0.799 115.734 0.910
202112 0.947 117.630 1.061
202203 0.636 121.301 0.691
202206 1.343 125.017 1.416
202209 -0.293 125.227 -0.308
202212 -0.708 125.222 -0.745
202303 0.280 127.348 0.290
202306 0.572 128.729 0.586
202309 0.478 129.860 0.485
202312 0.028 129.419 0.029
202403 0.478 131.776 0.478

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


Metallus  (FRA:ZS2) 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.

During the past 13 years, the highest Shiller P/E Ratio of Metallus was 54.44. The lowest was 36.10. And the median was 45.10.


Be Aware

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


Metallus E10 Related Terms

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


Metallus (FRA:ZS2) Business Description

Traded in Other Exchanges
Address
1835 Dueber Avenue South West, Canton, OH, USA, 44706
TimkenSteel Corp is an America-based manufacturer of alloy steel, as well as carbon and micro-alloy steel. TimkenSteel's portfolio includes special bar quality steel, seamless mechanical tubes, and value-add solutions, such as precision steel components. The company also supplies machining and thermal treatment services and manages raw material recycling programs that work as a feeder system for its melt operations. The company's products and services are used in the following sectors: oil and gas; automotive; industrial equipment; mining; construction; rail; aerospace and defense; heavy truck; agriculture; and power generation. Geographically, the company mainly serves customers in the United States.

Metallus (FRA:ZS2) Headlines

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