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DST Systems (DST Systems) E10 : $4.56 (As of Dec. 2017)


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What is DST Systems 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.

DST Systems's adjusted earnings per share data for the three months ended in Dec. 2017 was $1.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.56 for the trailing ten years ended in Dec. 2017.

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 (2024-04-25), DST Systems's current stock price is $83.99. DST Systems's E10 for the quarter that ended in Dec. 2017 was $4.56. DST Systems's Shiller PE Ratio of today is 18.42.


DST Systems E10 Historical Data

The historical data trend for DST Systems'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.

DST Systems E10 Chart

DST Systems Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.20 3.79 3.99 4.49 4.56

DST Systems Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 4.49 4.86 4.97 4.49 4.56

Competitive Comparison of DST Systems's E10

For the Software - Infrastructure subindustry, DST Systems'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.


DST Systems's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, DST Systems's Shiller PE Ratio distribution charts can be found below:

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



DST Systems 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, DST Systems's adjusted earnings per share data for the three months ended in Dec. 2017 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2017 (Change)*Current CPI (Dec. 2017)
=1.36/104.0111*104.0111
=1.360

Current CPI (Dec. 2017) = 104.0111.

DST Systems Quarterly Data

per share eps CPI Adj_EPS
200803 0.550 90.090 0.635
200806 0.425 92.320 0.479
200809 0.450 92.307 0.507
200812 0.675 88.697 0.792
200903 0.735 89.744 0.852
200906 0.485 91.003 0.554
200909 0.605 91.120 0.691
200912 0.595 91.111 0.679
201003 0.790 91.821 0.895
201006 1.000 91.962 1.131
201009 0.580 92.162 0.655
201012 0.995 92.474 1.119
201103 0.570 94.283 0.629
201106 0.585 95.235 0.639
201109 0.380 95.727 0.413
201112 0.440 95.213 0.481
201203 0.610 96.783 0.656
201206 1.585 96.819 1.703
201209 0.935 97.633 0.996
201212 0.405 96.871 0.435
201303 1.020 98.209 1.080
201306 0.885 98.518 0.934
201309 1.115 98.790 1.174
201312 0.985 98.326 1.042
201403 1.185 99.695 1.236
201406 1.670 100.560 1.727
201409 1.255 100.428 1.300
201412 3.220 99.070 3.381
201503 1.435 99.621 1.498
201506 1.455 100.684 1.503
201509 1.040 100.392 1.077
201512 0.985 99.792 1.027
201603 0.850 100.470 0.880
201606 0.790 101.688 0.808
201609 4.130 101.861 4.217
201612 0.690 101.863 0.705
201703 3.855 102.862 3.898
201706 1.210 103.349 1.218
201709 0.790 104.136 0.789
201712 1.360 104.011 1.360

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


DST Systems  (NYSE:DST) 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.

DST Systems's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=83.99/4.56
=18.42

* 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.


Be Aware

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


DST Systems E10 Related Terms

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


DST Systems (DST Systems) Business Description

Traded in Other Exchanges
N/A
Address
DST Systems Inc is a provider of information processing and servicing solutions to the financial industry. Clients include asset-management firms, brokerages, retirement funds, and healthcare firms. The company operates three business segments: financial services, healthcare services, and customer communications. DST Systems' largest segment by revenue, financial services, provides transaction processing, account opening and maintenance, reconciliation of trades, positions and cash, corporate actions, regulatory reporting and compliance functions, and tax reporting services. The company generates most of its revenue in the United States of America.
Executives
Samuel G Liss director VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Gary D Forsee director C/O INGERSOLL-RAND COMPANY, 155 CHESTNUT RIDGE ROAD, MONTVALE NJ 07645
Joseph C Antonellis director STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Charles E Haldeman director C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Edmund J Burke officer: President of Subsidiary 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Lynn Dorsey Bleil director 333 WEST 11TH STREET, KANSAS CITY MO 64105
Stephen C Hooley director, officer: Chairman, CEO & President 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
A Edward Allinson director STATE STREET BOSTON CORP 225 FRANKLIN STREET BOSTON MA 02110
John W Clark director 949 SOUTH COAST DRIVE, SUITE 650, COSTA MESA CA 92626
George L Argyros director ARNEL & AFFILIATES, 949 SOUTH COAST DR SUITE 600, COSTA MESA CA 92626
Lawrence M Higby director C/O APRIA HEALTHCARE GROUP INC, 26220 ENTERPRISE COURT, LAKE FOREST CA 92630
Thomas A Mcdonnell director, officer: CEO & Director C/O KANSAS CITY SOUTHERN, 427 W 12TH STREET, KANSAS CITY MO 64105
M Jeannine Strandjord other: Retired Director as of 5/9/12
William C Nelson director 6521 WE NONGA TERRACE, MISSION HILLS KY 66208
Thomas A Mccullough director C/O DST SYSTEMS, 333 WEST 11TH ST 5TH FL, KANSAS CITY MO 64105

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