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Huntsman (FRA:HTR) E10 : €2.35 (As of Mar. 2024)


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What is Huntsman 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.

Huntsman's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.202. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huntsman's average E10 Growth Rate was -0.40% per year. During the past 3 years, the average E10 Growth Rate was 12.70% per year. During the past 5 years, the average E10 Growth Rate was 20.10% per year. During the past 10 years, the average E10 Growth Rate was 18.20% 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 Huntsman was 28.10% per year. The lowest was 9.50% per year. And the median was 17.00% per year.

As of today (2024-05-26), Huntsman's current stock price is €22.80. Huntsman's E10 for the quarter that ended in Mar. 2024 was €2.35. Huntsman's Shiller PE Ratio of today is 9.70.

During the past 13 years, the highest Shiller PE Ratio of Huntsman was 127.58. The lowest was 7.43. And the median was 17.36.


Huntsman E10 Historical Data

The historical data trend for Huntsman'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.

Huntsman E10 Chart

Huntsman 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 1.19 1.45 2.02 2.31 2.33

Huntsman 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 2.32 2.41 - 2.33 2.35

Competitive Comparison of Huntsman's E10

For the Chemicals subindustry, Huntsman'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.


Huntsman's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huntsman's Shiller PE Ratio distribution charts can be found below:

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



Huntsman 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, Huntsman'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)
=-0.202/131.7762*131.7762
=-0.202

Current CPI (Mar. 2024) = 131.7762.

Huntsman Quarterly Data

per share eps CPI Adj_EPS
201406 0.353 100.560 0.463
201409 0.590 100.428 0.774
201412 -0.130 99.070 -0.173
201503 0.018 99.621 0.024
201506 0.107 100.684 0.140
201509 0.196 100.392 0.257
201512 0.018 99.792 0.024
201603 0.216 100.470 0.283
201606 0.320 101.688 0.415
201609 0.205 101.861 0.265
201612 0.502 101.863 0.649
201703 0.290 102.862 0.372
201706 0.614 103.349 0.783
201709 0.503 104.136 0.637
201712 0.853 104.011 1.081
201803 0.900 105.290 1.126
201806 1.464 106.317 1.815
201809 -0.043 106.507 -0.053
201812 -1.275 105.998 -1.585
201903 0.451 107.251 0.554
201906 0.416 108.070 0.507
201909 0.118 108.329 0.144
201912 1.206 108.420 1.466
202003 2.860 108.902 3.461
202006 -0.249 108.767 -0.302
202009 0.187 109.815 0.224
202012 1.266 109.897 1.518
202103 0.311 111.754 0.367
202106 0.581 114.631 0.668
202109 0.799 115.734 0.910
202112 2.416 117.630 2.707
202203 0.944 121.301 1.026
202206 1.041 125.017 1.097
202209 0.505 125.227 0.531
202212 -0.453 125.222 -0.477
202303 0.775 127.348 0.802
202306 0.102 128.729 0.104
202309 0.000 129.860 0.000
202312 -0.376 129.419 -0.383
202403 -0.202 131.776 -0.202

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


Huntsman  (FRA:HTR) 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.

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

Shiller PE Ratio=Share Price/E10
=22.80/2.35
=9.70

* 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 Huntsman was 127.58. The lowest was 7.43. And the median was 17.36.


Be Aware

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


Huntsman E10 Related Terms

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


Huntsman (FRA:HTR) Business Description

Traded in Other Exchanges
Address
10003 Woodloch Forest Drive, The Woodlands, TX, USA, 77380
Huntsman Corp is a us-based manufacturer of differentiated organic chemical products. Its product portfolio comprises Methyl diphenyl diisocyanate (MDI), Amines, Maleic anhydride, Epoxy-based polymer formulations. The company's products are used in adhesives, aerospace, automotive, construction products, among others. Its operating segments are Polyurethanes, Performance Products and Advanced Materials. It derives most of its revenue from the Polyurethanes segment which includes MDI, polyols, TPU (thermoplastic polyurethane), and other polyurethane-related products. Its geographical segments are the United States & Canada, Europe, Asia- Pacific, and the Rest of the world.

Huntsman (FRA:HTR) Headlines

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