GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Laboratory Corp of America Holdings (FRA:LAB) » Definitions » E10

Laboratory of America Holdings (FRA:LAB) E10 : €11.50 (As of Mar. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Laboratory of America Holdings 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.

Laboratory of America Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was €2.475. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €11.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Laboratory of America Holdings's average E10 Growth Rate was -0.70% per year. During the past 3 years, the average E10 Growth Rate was 13.40% per year. During the past 5 years, the average E10 Growth Rate was 14.10% per year. During the past 10 years, the average E10 Growth Rate was 11.00% 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 Laboratory of America Holdings was 121.30% per year. The lowest was -36.10% per year. And the median was 10.80% per year.

As of today (2024-05-17), Laboratory of America Holdings's current stock price is €196.00. Laboratory of America Holdings's E10 for the quarter that ended in Mar. 2024 was €11.50. Laboratory of America Holdings's Shiller PE Ratio of today is 17.04.

During the past 13 years, the highest Shiller PE Ratio of Laboratory of America Holdings was 26.91. The lowest was 12.47. And the median was 19.94.


Laboratory of America Holdings E10 Historical Data

The historical data trend for Laboratory of America Holdings'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.

Laboratory of America Holdings E10 Chart

Laboratory of America Holdings 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 6.57 6.78 9.42 11.43 11.04

Laboratory of America Holdings 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 11.17 11.36 12.15 11.04 11.50

Competitive Comparison of Laboratory of America Holdings's E10

For the Diagnostics & Research subindustry, Laboratory of America Holdings'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.


Laboratory of America Holdings's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Laboratory of America Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Laboratory of America Holdings's Shiller PE Ratio falls into.



Laboratory of America Holdings 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, Laboratory of America Holdings'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)
=2.475/131.7762*131.7762
=2.475

Current CPI (Mar. 2024) = 131.7762.

Laboratory of America Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 1.207 100.560 1.582
201409 1.234 100.428 1.619
201412 1.127 99.070 1.499
201503 0.037 99.621 0.049
201506 1.479 100.684 1.936
201509 1.336 100.392 1.754
201512 1.019 99.792 1.346
201603 1.419 100.470 1.861
201606 1.744 101.688 2.260
201609 1.524 101.861 1.972
201612 1.659 101.863 2.146
201703 1.636 102.862 2.096
201706 1.584 103.349 2.020
201709 1.384 104.136 1.751
201712 5.754 104.011 7.290
201803 1.354 105.290 1.695
201806 1.943 106.317 2.408
201809 2.657 106.507 3.287
201812 1.371 105.998 1.704
201903 1.646 107.251 2.022
201906 1.708 108.070 2.083
201909 2.043 108.329 2.485
201912 2.088 108.420 2.538
202003 -2.959 108.902 -3.581
202006 2.105 108.767 2.550
202009 6.087 109.815 7.304
202012 7.842 109.897 9.403
202103 6.569 111.754 7.746
202106 3.951 114.631 4.542
202109 5.143 115.734 5.856
202112 5.089 117.630 5.701
202203 4.749 121.301 5.159
202206 3.661 125.017 3.859
202209 3.939 125.227 4.145
202212 0.812 125.222 0.855
202303 2.232 127.348 2.310
202306 1.957 128.729 2.003
202309 1.977 129.860 2.006
202312 -1.806 129.419 -1.839
202403 2.475 131.776 2.475

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


Laboratory of America Holdings  (FRA:LAB) 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.

Laboratory of America Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=196.00/11.5
=17.04

* 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 Laboratory of America Holdings was 26.91. The lowest was 12.47. And the median was 19.94.


Be Aware

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


Laboratory of America Holdings E10 Related Terms

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


Laboratory of America Holdings (FRA:LAB) Business Description

Traded in Other Exchanges
Address
358 South Main Street, Burlington, NC, USA, 27215
Laboratory Corp. of America is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.