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Heidrick & Struggles International (Heidrick & Struggles International) E10 : $1.39 (As of Dec. 2023)


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What is Heidrick & Struggles International 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.

Heidrick & Struggles International's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.39 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Heidrick & Struggles International's average E10 Growth Rate was 23.00% per year. During the past 3 years, the average E10 Growth Rate was 126.30% 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 Heidrick & Struggles International was 126.30% per year. The lowest was -24.70% per year. And the median was 31.50% per year.

As of today (2024-04-28), Heidrick & Struggles International's current stock price is $30.26. Heidrick & Struggles International's E10 for the quarter that ended in Dec. 2023 was $1.39. Heidrick & Struggles International's Shiller PE Ratio of today is 21.77.

During the past 13 years, the highest Shiller PE Ratio of Heidrick & Struggles International was 319.08. The lowest was 12.78. And the median was 33.87.


Heidrick & Struggles International E10 Historical Data

The historical data trend for Heidrick & Struggles International'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.

Heidrick & Struggles International E10 Chart

Heidrick & Struggles International 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 0.36 0.12 0.73 1.13 1.39

Heidrick & Struggles International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.13 1.23 1.28 1.33 1.39

Competitive Comparison of Heidrick & Struggles International's E10

For the Staffing & Employment Services subindustry, Heidrick & Struggles International'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.


Heidrick & Struggles International's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Heidrick & Struggles International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Heidrick & Struggles International's Shiller PE Ratio falls into.



Heidrick & Struggles International 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, Heidrick & Struggles International's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.72/129.4194*129.4194
=0.720

Current CPI (Dec. 2023) = 129.4194.

Heidrick & Struggles International Quarterly Data

per share eps CPI Adj_EPS
201403 -0.040 99.695 -0.052
201406 0.210 100.560 0.270
201409 0.160 100.428 0.206
201412 0.040 99.070 0.052
201503 0.180 99.621 0.234
201506 0.270 100.684 0.347
201509 0.400 100.392 0.516
201512 0.070 99.792 0.091
201603 0.070 100.470 0.090
201606 0.350 101.688 0.445
201609 0.370 101.861 0.470
201612 0.030 101.863 0.038
201703 0.030 102.862 0.038
201706 -0.970 103.349 -1.215
201709 0.430 104.136 0.534
201712 -2.090 104.011 -2.601
201803 0.530 105.290 0.651
201806 0.590 106.317 0.718
201809 0.850 106.507 1.033
201812 0.560 105.998 0.684
201903 0.620 107.251 0.748
201906 0.730 108.070 0.874
201909 0.510 108.329 0.609
201912 0.540 108.420 0.645
202003 0.440 108.902 0.523
202006 -1.330 108.767 -1.583
202009 -1.350 109.815 -1.591
202012 0.280 109.897 0.330
202103 0.740 111.754 0.857
202106 1.030 114.631 1.163
202109 1.210 115.734 1.353
202112 0.610 117.630 0.671
202203 0.900 121.301 0.960
202206 1.190 125.017 1.232
202209 1.020 125.227 1.054
202212 0.780 125.222 0.806
202303 0.760 127.348 0.772
202306 0.440 128.729 0.442
202309 0.730 129.860 0.728
202312 0.720 129.419 0.720

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


Heidrick & Struggles International  (NAS:HSII) 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.

Heidrick & Struggles International's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=30.26/1.39
=21.77

* 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 Heidrick & Struggles International was 319.08. The lowest was 12.78. And the median was 33.87.


Be Aware

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


Heidrick & Struggles International E10 Related Terms

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


Heidrick & Struggles International (Heidrick & Struggles International) Business Description

Traded in Other Exchanges
Address
233 South Wacker Drive, Suite 4900, Chicago, IL, USA, 60606-6303
Heidrick & Struggles International Inc is a leadership advisory firm providing executive search and consulting services to businesses and business leaders world wide. The company's operating segment includes the executive search business which operates in the Americas; Europe; Asia Pacific and On-Demand Talent and Heidrick Consulting. It generates maximum revenue from the Americas.
Executives
Mark R Harris officer: Chief Financial Officer C/O HERCULES TECHNOLOGY GROWTH CAPITAL, 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
John L Berisford director C/O THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Michael M Cullen officer: Chief Operating Officer 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Tracey Heaton officer: Chief Legal Officer & Corp Sec C/O HEIDRICK & STRUGGLES INT'L, INC., 233 S. WACKER DR. SUITE 4900, CHICAGO IL 60606
Bear Mary E.g. director C/O IMPERVA, INC., 3400 BRIDGE PARKWAY, STE. 200, REDWOOD SHORES CA 94065
Sarah Payne officer: Chief Human Resources Officer 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Krishnan Rajagopalan officer: President and CEO 2001 PENNSYLVANIA AVENUE, SUITE 800, WASHINGTON DC 20006
Elizabeth L Axelrod director C/O EBAY INC., 2065 HAMILTON AVENUE, SAN JOSE CA 95125
Willem Mesdag director C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Stacey Rauch director C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Adam Warby director 2211 ELLIOTT AVE. SUITE 200, SEATTLE WA 98121
Lyle Logan director ONE TOWER LANE, OAKBROOK TERRACE IL 60181
Clare M. Chapman director 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Laszlo Bock director 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606
Kamau Coar officer: General Counsel and Secretary 233 S. WACKER DRIVE, SUITE 4900, CHICAGO IL 60606