GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » New York Times Co (FRA:NYT) » Definitions » E10

New York Times Co (FRA:NYT) E10 : €0.74 (As of Mar. 2024)


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

What is New York Times Co 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.

New York Times Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.221. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, New York Times Co's average E10 Growth Rate was 17.90% per year. During the past 3 years, the average E10 Growth Rate was 21.30% per year. During the past 5 years, the average E10 Growth Rate was 16.10% 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 New York Times Co was 29.70% per year. The lowest was -45.80% per year. And the median was 1.60% per year.

As of today (2024-05-25), New York Times Co's current stock price is €45.44. New York Times Co's E10 for the quarter that ended in Mar. 2024 was €0.74. New York Times Co's Shiller PE Ratio of today is 61.41.

During the past 13 years, the highest Shiller PE Ratio of New York Times Co was 131.36. The lowest was 21.00. And the median was 66.05.


New York Times Co E10 Historical Data

The historical data trend for New York Times Co'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.

New York Times Co E10 Chart

New York Times Co 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 0.38 0.34 0.53 0.60 0.67

New York Times Co 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 0.60 0.63 0.70 0.67 0.74

Competitive Comparison of New York Times Co's E10

For the Publishing subindustry, New York Times Co'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.


New York Times Co's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, New York Times Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where New York Times Co's Shiller PE Ratio falls into.



New York Times Co 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, New York Times Co'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)
=0.221/131.7762*131.7762
=0.221

Current CPI (Mar. 2024) = 131.7762.

New York Times Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.044 100.560 0.058
201409 -0.062 100.428 -0.081
201412 0.178 99.070 0.237
201503 -0.083 99.621 -0.110
201506 0.089 100.684 0.116
201509 0.053 100.392 0.070
201512 0.285 99.792 0.376
201603 -0.045 100.470 -0.059
201606 -0.001 101.688 -0.001
201609 0.002 101.861 0.003
201612 0.218 101.863 0.282
201703 0.075 102.862 0.096
201706 0.080 103.349 0.102
201709 0.126 104.136 0.159
201712 -0.296 104.011 -0.375
201803 0.105 105.290 0.131
201806 0.120 106.317 0.149
201809 0.129 106.507 0.160
201812 0.290 105.998 0.361
201903 0.159 107.251 0.195
201906 0.133 108.070 0.162
201909 0.091 108.329 0.111
201912 0.369 108.420 0.448
202003 0.181 108.902 0.219
202006 0.124 108.767 0.150
202009 0.170 109.815 0.204
202012 0.049 109.897 0.059
202103 0.202 111.754 0.238
202106 0.266 114.631 0.306
202109 0.272 115.734 0.310
202112 0.363 117.630 0.407
202203 0.027 121.301 0.029
202206 0.350 125.017 0.369
202209 0.222 125.227 0.234
202212 0.406 125.222 0.427
202303 0.121 127.348 0.125
202306 0.258 128.729 0.264
202309 0.300 129.860 0.304
202312 0.605 129.419 0.616
202403 0.221 131.776 0.221

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


New York Times Co  (FRA:NYT) 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.

New York Times Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=45.44/0.74
=61.41

* 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 New York Times Co was 131.36. The lowest was 21.00. And the median was 66.05.


Be Aware

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


New York Times Co E10 Related Terms

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


New York Times Co (FRA:NYT) Business Description

Traded in Other Exchanges
Address
620 Eighth Avenue, New York, NY, USA, 10018
New York Times Co is an American media company known for publishing its flagship newspaper, The New York Times. The company also operates the International New York Times newspaper, as well as digital properties such as nytimes and various smartphone applications. Circulation of The New York Times is the source of revenue for the company, followed by print and digital advertising and its paid digital-only subscription to The New York Times. The company has a daily print circulation of over 3,00,000 and 7,40,000 on Sundays. The source of growth for The New York Times is its digital subscription service, which has over 1,000,000 paid users.