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JetBlue Airways (JetBlue Airways) E10 : $0.56 (As of Dec. 2023)


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What is JetBlue Airways 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.

JetBlue Airways's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.56 for the trailing ten years ended in Dec. 2023.

During the past 12 months, JetBlue Airways's average E10 Growth Rate was -20.00% per year. During the past 3 years, the average E10 Growth Rate was -13.00% per year. During the past 5 years, the average E10 Growth Rate was -15.60% per year. During the past 10 years, the average E10 Growth Rate was 11.60% 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 JetBlue Airways was 61.00% per year. The lowest was -20.60% per year. And the median was 17.25% per year.

As of today (2024-04-25), JetBlue Airways's current stock price is $5.91. JetBlue Airways's E10 for the quarter that ended in Dec. 2023 was $0.56. JetBlue Airways's Shiller PE Ratio of today is 10.55.

During the past 13 years, the highest Shiller PE Ratio of JetBlue Airways was 79.15. The lowest was 5.11. And the median was 18.89.


JetBlue Airways E10 Historical Data

The historical data trend for JetBlue Airways'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.

JetBlue Airways E10 Chart

JetBlue Airways 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 1.40 0.85 0.81 0.70 0.56

JetBlue Airways 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 0.70 0.65 0.68 0.61 0.56

Competitive Comparison of JetBlue Airways's E10

For the Airlines subindustry, JetBlue Airways'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.


JetBlue Airways's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JetBlue Airways's Shiller PE Ratio distribution charts can be found below:

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



JetBlue Airways 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, JetBlue Airways'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)
=-0.31/129.4194*129.4194
=-0.310

Current CPI (Dec. 2023) = 129.4194.

JetBlue Airways Quarterly Data

per share eps CPI Adj_EPS
201403 0.010 99.695 0.013
201406 0.680 100.560 0.875
201409 0.240 100.428 0.309
201412 0.260 99.070 0.340
201503 0.400 99.621 0.520
201506 0.440 100.684 0.566
201509 0.580 100.392 0.748
201512 0.560 99.792 0.726
201603 0.610 100.470 0.786
201606 0.530 101.688 0.675
201609 0.580 101.861 0.737
201612 0.500 101.863 0.635
201703 0.240 102.862 0.302
201706 0.620 103.349 0.776
201709 0.550 104.136 0.684
201712 2.030 104.011 2.526
201803 0.280 105.290 0.344
201806 -0.390 106.317 -0.475
201809 0.160 106.507 0.194
201812 0.550 105.998 0.672
201903 0.140 107.251 0.169
201906 0.590 108.070 0.707
201909 0.630 108.329 0.753
201912 0.560 108.420 0.668
202003 -0.970 108.902 -1.153
202006 -1.180 108.767 -1.404
202009 -1.440 109.815 -1.697
202012 -1.340 109.897 -1.578
202103 -0.780 111.754 -0.903
202106 0.200 114.631 0.226
202109 0.400 115.734 0.447
202112 -0.400 117.630 -0.440
202203 -0.790 121.301 -0.843
202206 -0.580 125.017 -0.600
202209 0.180 125.227 0.186
202212 0.070 125.222 0.072
202303 -0.580 127.348 -0.589
202306 0.410 128.729 0.412
202309 -0.460 129.860 -0.458
202312 -0.310 129.419 -0.310

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


JetBlue Airways  (NAS:JBLU) 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.

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

Shiller PE Ratio=Share Price/E10
=5.91/0.56
=10.55

* 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 JetBlue Airways was 79.15. The lowest was 5.11. And the median was 18.89.


Be Aware

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


JetBlue Airways E10 Related Terms

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


JetBlue Airways (JetBlue Airways) Business Description

Traded in Other Exchanges
Address
27-01 Queens Plaza North, Long Island City, NY, USA, 11101
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.
Executives
Gerald Alfred Spencer officer: Principal Accounting Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Carol Ann Clements officer: Chief Digital & Tech Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Brandon Nelson officer: General Counsel Corp Sec C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Robert F Leduc director UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Teri P Mcclure director 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Monte E Ford director C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
O'hagan Sarah Robb director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Vivek Sharma director C/O JETBLUE AIRWAYS CORP, 27-01 QUEENS PLAZA N, LONG ISLAND CITY NY 11101
Thomas Winkelmann director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Ellen Jewett director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
B Ben Baldanza director C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Peter Boneparth director 1411 BROADWAY, NEW YORK NY 10018
Ursula L Hurley officer: Chief Financial Officer C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
David Christopher Clark officer: Head of Revenue and Planning C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Robin Hayes director, officer: CEO C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101