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NBI Bearings Europe (XMAD:NBI) E10 : €0.32 (As of Dec. 2023)


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What is NBI Bearings Europe 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.

NBI Bearings Europe's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was €0.094. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.32 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NBI Bearings Europe's average E10 Growth Rate was -31.90% 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.

As of today (2024-06-09), NBI Bearings Europe's current stock price is € 4.60. NBI Bearings Europe's E10 for the fiscal year that ended in Dec. 2023 was €0.32. NBI Bearings Europe's Shiller PE Ratio of today is 14.38.

During the past 11 years, the highest Shiller PE Ratio of NBI Bearings Europe was 15.31. The lowest was 8.13. And the median was 10.38.


NBI Bearings Europe E10 Historical Data

The historical data trend for NBI Bearings Europe'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.

NBI Bearings Europe E10 Chart

NBI Bearings Europe 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 - - - 0.47 0.32

NBI Bearings Europe Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 0.47 - 0.32

Competitive Comparison of NBI Bearings Europe's E10

For the Tools & Accessories subindustry, NBI Bearings Europe'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.


NBI Bearings Europe's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NBI Bearings Europe's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NBI Bearings Europe's Shiller PE Ratio falls into.



NBI Bearings Europe 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, NBI Bearings Europe's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.094/121.2997*121.2997
=0.094

Current CPI (Dec. 2023) = 121.2997.

NBI Bearings Europe Annual Data

per_share_eps CPI Adj_EPS
201412 2.022 100.251 2.447
201512 0.045 100.268 0.054
201612 0.059 101.842 0.070
201712 0.096 102.975 0.113
201812 0.158 104.193 0.184
201912 0.051 105.015 0.059
202012 0.053 104.456 0.062
202112 0.048 111.298 0.052
202212 0.107 117.650 0.110
202312 0.094 121.300 0.094

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


NBI Bearings Europe  (XMAD:NBI) 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.

NBI Bearings Europe's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.60/0.32
=14.38

* 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 11 years, the highest Shiller P/E Ratio of NBI Bearings Europe was 15.31. The lowest was 8.13. And the median was 10.38.


Be Aware

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


NBI Bearings Europe E10 Related Terms

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


NBI Bearings Europe (XMAD:NBI) Business Description

Traded in Other Exchanges
N/A
Address
Pol. Industrial Basauri, Nave 6-10, Oquendo, Alava, Vitoria-Gasteiz, ESP, 01409
NBI Bearings Europe SA is engaged in designing and production of bearings. Its product offerings include cylindrical roller bearings, tapered roller bearings, spherical roller bearings, needle roller bearings, support rollers, cam followers, cylindrical roller thrust bearings, spherical roller thrust bearings and ball bearings. The company also provides technical services, bearing selection, training and tailor made solutions.

NBI Bearings Europe (XMAD:NBI) Headlines

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