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Ponsse Oyj (OHEL:PON1V) E10 : €1.65 (As of Mar. 2024)


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What is Ponsse Oyj 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.

Ponsse Oyj's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ponsse Oyj's average E10 Growth Rate was -1.20% per year. During the past 3 years, the average E10 Growth Rate was 12.00% per year. During the past 5 years, the average E10 Growth Rate was 13.10% 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 Ponsse Oyj was 16.20% per year. The lowest was 8.20% per year. And the median was 11.55% per year.

As of today (2024-06-04), Ponsse Oyj's current stock price is €24.10. Ponsse Oyj's E10 for the quarter that ended in Mar. 2024 was €1.65. Ponsse Oyj's Shiller PE Ratio of today is 14.61.

During the past 13 years, the highest Shiller PE Ratio of Ponsse Oyj was 36.39. The lowest was 13.46. And the median was 26.07.


Ponsse Oyj E10 Historical Data

The historical data trend for Ponsse Oyj'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.

Ponsse Oyj E10 Chart

Ponsse Oyj 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 1.16 1.19 1.38 1.59 1.67

Ponsse Oyj 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 1.67 1.70 1.66 1.67 1.65

Competitive Comparison of Ponsse Oyj's E10

For the Farm & Heavy Construction Machinery subindustry, Ponsse Oyj'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.


Ponsse Oyj's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ponsse Oyj's Shiller PE Ratio distribution charts can be found below:

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



Ponsse Oyj 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, Ponsse Oyj'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)
=-0.12/122.3600*122.3600
=-0.120

Current CPI (Mar. 2024) = 122.3600.

Ponsse Oyj Quarterly Data

per share eps CPI Adj_EPS
201406 0.340 100.147 0.415
201409 0.270 100.726 0.328
201412 0.270 100.229 0.330
201503 0.200 100.120 0.244
201506 0.410 100.030 0.502
201509 0.240 100.130 0.293
201512 0.630 99.990 0.771
201603 0.340 100.080 0.416
201606 0.480 100.390 0.585
201609 0.260 100.540 0.316
201612 0.550 101.020 0.666
201703 0.400 100.910 0.485
201706 0.190 101.140 0.230
201709 0.480 101.320 0.580
201712 0.520 101.510 0.627
201803 0.420 101.730 0.505
201806 0.270 102.320 0.323
201809 0.210 102.600 0.250
201812 0.660 102.710 0.786
201903 0.360 102.870 0.428
201906 0.470 103.360 0.556
201909 0.400 103.540 0.473
201912 0.630 103.650 0.744
202003 -0.110 103.490 -0.130
202006 0.220 103.320 0.261
202009 0.420 103.710 0.496
202012 0.630 103.890 0.742
202103 0.310 104.870 0.362
202106 0.570 105.360 0.662
202109 0.520 106.290 0.599
202112 0.570 107.490 0.649
202203 0.400 110.950 0.441
202206 0.110 113.570 0.119
202209 0.380 114.920 0.405
202212 0.440 117.320 0.459
202303 0.520 119.750 0.531
202306 0.300 120.690 0.304
202309 -0.410 121.280 -0.414
202312 0.270 121.540 0.272
202403 -0.120 122.360 -0.120

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


Ponsse Oyj  (OHEL:PON1V) 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.

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

Shiller PE Ratio=Share Price/E10
=24.10/1.65
=14.61

* 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 Ponsse Oyj was 36.39. The lowest was 13.46. And the median was 26.07.


Be Aware

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


Ponsse Oyj E10 Related Terms

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


Ponsse Oyj (OHEL:PON1V) Business Description

Traded in Other Exchanges
Address
Ponssentie 22, Vierema, FIN, FI-74200
Ponsse Oyj is engaged in the development, manufacture, sales, designing, and servicing of forest machines, other metal products, machine control systems, vehicle PC equipment, and different types of separate systems and software. The company's products include harvesters, forwarders, dual machines, harvester heads, cranes and loaders, information systems, and bioenergy products. The company divides its business activities into four geographical segments, namely Northern Europe, Central & Southern Europe, North & South America and Other countries.

Ponsse Oyj (OHEL:PON1V) Headlines

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