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Canadian Utilities (Canadian Utilities) E10 : $1.72 (As of Dec. 2023)


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What is Canadian Utilities 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.

Canadian Utilities's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.455. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Canadian Utilities's average E10 Growth Rate was 2.20% per year. During the past 3 years, the average E10 Growth Rate was 2.10% per year. During the past 5 years, the average E10 Growth Rate was 1.90% per year. During the past 10 years, the average E10 Growth Rate was 2.60% 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 Canadian Utilities was 8.00% per year. The lowest was 0.80% per year. And the median was 5.90% per year.

As of today (2024-04-27), Canadian Utilities's current stock price is $22.4535. Canadian Utilities's E10 for the quarter that ended in Dec. 2023 was $1.72. Canadian Utilities's Shiller PE Ratio of today is 13.05.

During the past 13 years, the highest Shiller PE Ratio of Canadian Utilities was 24.46. The lowest was 12.61. And the median was 17.81.


Canadian Utilities E10 Historical Data

The historical data trend for Canadian Utilities'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.

Canadian Utilities E10 Chart

Canadian Utilities 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 1.67 1.68 1.69 1.65 1.72

Canadian Utilities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.65 1.69 1.70 1.67 1.72

Competitive Comparison of Canadian Utilities's E10

For the Utilities - Diversified subindustry, Canadian Utilities'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.


Canadian Utilities's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's Shiller PE Ratio distribution charts can be found below:

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



Canadian Utilities 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, Canadian Utilities's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.455/125.4675*125.4675
=0.455

Current CPI (Dec. 2023) = 125.4675.

Canadian Utilities Quarterly Data

per share eps CPI Adj_EPS
201403 0.720 98.604 0.916
201406 0.360 99.473 0.454
201409 0.727 99.394 0.918
201412 0.451 98.367 0.575
201503 0.483 99.789 0.607
201506 0.097 100.500 0.121
201509 0.211 100.421 0.264
201512 0.073 99.947 0.092
201603 0.491 101.054 0.610
201606 0.264 102.002 0.325
201609 0.305 101.765 0.376
201612 0.502 101.449 0.621
201703 0.583 102.634 0.713
201706 0.203 103.029 0.247
201709 0.236 103.345 0.287
201712 0.251 103.345 0.305
201803 0.464 105.004 0.554
201806 -0.053 105.557 -0.063
201809 0.522 105.636 0.620
201812 0.648 105.399 0.771
201903 0.546 106.979 0.640
201906 0.775 107.690 0.903
201909 0.748 107.611 0.872
201912 0.372 107.769 0.433
202003 0.372 107.927 0.432
202006 0.155 108.401 0.179
202009 0.204 108.164 0.237
202012 0.250 108.559 0.289
202103 0.366 110.298 0.416
202106 -0.033 111.720 -0.037
202109 0.158 112.905 0.176
202112 0.461 113.774 0.508
202203 0.616 117.646 0.657
202206 0.391 120.806 0.406
202209 0.240 120.648 0.250
202212 0.339 120.964 0.352
202303 0.738 122.702 0.755
202306 0.241 124.203 0.243
202309 0.288 125.230 0.289
202312 0.455 125.468 0.455

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


Canadian Utilities  (OTCPK:CDUAF) 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.

Canadian Utilities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.4535/1.72
=13.05

* 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 Canadian Utilities was 24.46. The lowest was 12.61. And the median was 17.81.


Be Aware

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


Canadian Utilities E10 Related Terms

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


Canadian Utilities (Canadian Utilities) Business Description

Address
5302 Forand Street S.W., 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company's main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.

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