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Indus Holding AG (XTER:INH) E10 : €2.23 (As of Mar. 2024)


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What is Indus Holding 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.

Indus Holding AG's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Indus Holding AG's average E10 Growth Rate was -5.50% per year. During the past 3 years, the average E10 Growth Rate was -4.40% per year. During the past 5 years, the average E10 Growth Rate was -5.90% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Indus Holding AG was -4.40% per year. The lowest was -7.80% per year. And the median was -4.90% per year.

As of today (2024-06-01), Indus Holding AG's current stock price is €26.95. Indus Holding AG's E10 for the quarter that ended in Mar. 2024 was €2.23. Indus Holding AG's Shiller PE Ratio of today is 12.09.

During the past 13 years, the highest Shiller PE Ratio of Indus Holding AG was 16.63. The lowest was 6.76. And the median was 11.58.


Indus Holding AG E10 Historical Data

The historical data trend for Indus Holding 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.

Indus Holding AG E10 Chart

Indus Holding 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 2.95 2.56 2.54 2.31 2.24

Indus Holding 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 2.36 2.30 2.30 2.24 2.23

Competitive Comparison of Indus Holding AG's E10

For the Conglomerates subindustry, Indus Holding 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.


Indus Holding AG's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Indus Holding AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Indus Holding AG's Shiller PE Ratio falls into.



Indus Holding 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, Indus Holding 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)
=0.38/125.0381*125.0381
=0.380

Current CPI (Mar. 2024) = 125.0381.

Indus Holding AG Quarterly Data

per share eps CPI Adj_EPS
201406 0.640 99.543 0.804
201409 0.790 99.823 0.990
201412 0.710 99.543 0.892
201503 0.650 99.717 0.815
201506 0.660 100.417 0.822
201509 0.789 100.417 0.982
201512 0.683 99.717 0.856
201603 0.650 100.017 0.813
201606 0.850 100.717 1.055
201609 0.800 101.017 0.990
201612 0.970 101.217 1.198
201703 0.750 101.417 0.925
201706 0.830 102.117 1.016
201709 0.940 102.717 1.144
201712 0.850 102.617 1.036
201803 0.810 102.917 0.984
201806 0.950 104.017 1.142
201809 0.920 104.718 1.099
201812 0.210 104.217 0.252
201903 0.810 104.217 0.972
201906 0.720 105.718 0.852
201909 0.490 106.018 0.578
201912 0.410 105.818 0.484
202003 0.350 105.718 0.414
202006 -1.980 106.618 -2.322
202009 0.230 105.818 0.272
202012 0.300 105.518 0.355
202103 0.490 107.518 0.570
202106 0.600 108.486 0.692
202109 0.390 109.435 0.446
202112 0.300 110.384 0.340
202203 0.170 113.968 0.187
202206 0.590 115.760 0.637
202209 -1.890 118.818 -1.989
202212 -0.440 119.345 -0.461
202303 0.600 122.402 0.613
202306 0.200 123.140 0.203
202309 0.790 124.195 0.795
202312 0.460 123.773 0.465
202403 0.380 125.038 0.380

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


Indus Holding AG  (XTER:INH) 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.

Indus Holding AG's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=26.95/2.23
=12.09

* 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 Indus Holding AG was 16.63. The lowest was 6.76. And the median was 11.58.


Be Aware

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


Indus Holding AG E10 Related Terms

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


Indus Holding AG (XTER:INH) Business Description

Traded in Other Exchanges
Address
Kolner Strasse 32, Bergisch Gladbach, NW, DEU, 51429
Indus Holding AG is a holding company investing in small and midsize enterprises in German-speaking regions. The company primarily focuses on owner-managed companies with a strong presence in niche markets. Investments span from construction and infrastructure, automotive technology, engineering, medical engineering, and life sciences, to metals technology.
Executives
Dr. Jürgen Allerkamp Supervisory Board
Jürgen Abromeit Supervisory Board

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