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Bright Horizons Family Solutions (FRA:BHA) E10 : €1.86 (As of Mar. 2024)


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What is Bright Horizons Family Solutions 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.

Bright Horizons Family Solutions's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.267. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bright Horizons Family Solutions's average E10 Growth Rate was 2.50% 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 Bright Horizons Family Solutions was 2.10% per year. The lowest was -3.20% per year. And the median was -0.80% per year.

As of today (2024-06-09), Bright Horizons Family Solutions's current stock price is €99.00. Bright Horizons Family Solutions's E10 for the quarter that ended in Mar. 2024 was €1.86. Bright Horizons Family Solutions's Shiller PE Ratio of today is 53.23.

During the past 13 years, the highest Shiller PE Ratio of Bright Horizons Family Solutions was 2744.60. The lowest was 35.38. And the median was 49.09.


Bright Horizons Family Solutions E10 Historical Data

The historical data trend for Bright Horizons Family Solutions'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.

Bright Horizons Family Solutions E10 Chart

Bright Horizons Family Solutions 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 -2.34 -2.28 0.04 1.72 1.83

Bright Horizons Family Solutions 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 1.77 1.78 1.90 1.83 1.86

Competitive Comparison of Bright Horizons Family Solutions's E10

For the Personal Services subindustry, Bright Horizons Family Solutions'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.


Bright Horizons Family Solutions's Shiller PE Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Bright Horizons Family Solutions's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bright Horizons Family Solutions's Shiller PE Ratio falls into.



Bright Horizons Family Solutions 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, Bright Horizons Family Solutions'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)
=0.267/131.7762*131.7762
=0.267

Current CPI (Mar. 2024) = 131.7762.

Bright Horizons Family Solutions Quarterly Data

per share eps CPI Adj_EPS
201406 0.236 100.560 0.309
201409 0.178 100.428 0.234
201412 0.227 99.070 0.302
201503 0.323 99.621 0.427
201506 0.383 100.684 0.501
201509 0.294 100.392 0.386
201512 0.358 99.792 0.473
201603 0.359 100.470 0.471
201606 0.445 101.688 0.577
201609 0.330 101.861 0.427
201612 0.265 101.863 0.343
201703 0.636 102.862 0.815
201706 0.481 103.349 0.613
201709 0.428 104.136 0.542
201712 0.727 104.011 0.921
201803 0.503 105.290 0.630
201806 0.582 106.317 0.721
201809 0.488 106.507 0.604
201812 0.694 105.998 0.863
201903 0.628 107.251 0.772
201906 0.735 108.070 0.896
201909 0.627 108.329 0.763
201912 0.729 108.420 0.886
202003 0.471 108.902 0.570
202006 0.009 108.767 0.011
202009 -0.093 109.815 -0.112
202012 0.033 109.897 0.040
202103 0.101 111.754 0.119
202106 0.257 114.631 0.295
202109 0.374 115.734 0.426
202112 0.257 117.630 0.288
202203 0.300 121.301 0.326
202206 0.397 125.017 0.418
202209 0.313 125.227 0.329
202212 0.293 125.222 0.308
202303 0.131 127.348 0.136
202306 0.323 128.729 0.331
202309 0.647 129.860 0.657
202312 0.083 129.419 0.085
202403 0.267 131.776 0.267

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


Bright Horizons Family Solutions  (FRA:BHA) 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.

Bright Horizons Family Solutions's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=99.00/1.86
=53.23

* 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 Bright Horizons Family Solutions was 2744.60. The lowest was 35.38. And the median was 49.09.


Be Aware

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


Bright Horizons Family Solutions E10 Related Terms

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


Bright Horizons Family Solutions (FRA:BHA) Business Description

Traded in Other Exchanges
Address
2 Wells Avenue, Newton, MA, USA, 02459
Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.

Bright Horizons Family Solutions (FRA:BHA) Headlines

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