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New York Times Co (New York Times Co) E10

: $0.75 (As of Dec. 2023)
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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 Dec. 2023 was $0.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.75 for the trailing ten years ended in Dec. 2023.

During the past 12 months, New York Times Co's average E10 Growth Rate was 17.20% 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 0.60% per year.

As of today (2024-04-16), New York Times Co's current stock price is $42.24. New York Times Co's E10 for the quarter that ended in Dec. 2023 was $0.75. New York Times Co's Shiller PE Ratio of today is 56.32.

During the past 13 years, the highest Shiller PE Ratio of New York Times Co was 131.36. The lowest was 18.20. 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.42 0.61 0.64 0.75

New York Times Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 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 Premium Member Only Premium Member Only Premium Member Only 0.64 0.67 0.68 0.74 0.75

Competitive Comparison

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 Shiller PE Ratio Distribution

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 Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.66/129.4194*129.4194
=0.660

Current CPI (Dec. 2023) = 129.4194.

New York Times Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.010 99.695 0.013
201406 0.060 100.560 0.077
201409 -0.080 100.428 -0.103
201412 0.220 99.070 0.287
201503 -0.090 99.621 -0.117
201506 0.100 100.684 0.129
201509 0.060 100.392 0.077
201512 0.310 99.792 0.402
201603 -0.050 100.470 -0.064
201606 -0.001 101.688 -0.001
201609 0.002 101.861 0.003
201612 0.230 101.863 0.292
201703 0.080 102.862 0.101
201706 0.090 103.349 0.113
201709 0.150 104.136 0.186
201712 -0.350 104.011 -0.435
201803 0.130 105.290 0.160
201806 0.140 106.317 0.170
201809 0.150 106.507 0.182
201812 0.330 105.998 0.403
201903 0.180 107.251 0.217
201906 0.150 108.070 0.180
201909 0.100 108.329 0.119
201912 0.410 108.420 0.489
202003 0.200 108.902 0.238
202006 0.140 108.767 0.167
202009 0.200 109.815 0.236
202012 0.060 109.897 0.071
202103 0.240 111.754 0.278
202106 0.320 114.631 0.361
202109 0.320 115.734 0.358
202112 0.410 117.630 0.451
202203 0.030 121.301 0.032
202206 0.370 125.017 0.383
202209 0.220 125.227 0.227
202212 0.430 125.222 0.444
202303 0.130 127.348 0.132
202306 0.280 128.729 0.282
202309 0.320 129.860 0.319
202312 0.660 129.419 0.660

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


New York Times Co  (NYSE: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
=42.24/0.75
=56.32

* 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 18.20. 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 (New York Times Co) 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.
Executives
Arthur G. Sulzberger director, officer: Publisher, The New York Times THE NEW YORK TIMES COMPANY, 620 8TH AVENUE, NEW YORK NY 10018
Diane Brayton officer: EVP, GENERAL COUNSEL & SEC THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
R Anthony Benten officer: SVP, Treasurer & Controller C/O THE NEW YORK TIMES CO, 229 WEST 43RD ST, NEW YORK NY 10036
Kopit Levien Meredith A. officer: EVP & Chief Operating Officer THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
William Bardeen officer: Chief Financial Officer 620 EIGHTH AVENUE, NEW YORK NY 10018
Roland A. Caputo officer: Interim CFO and EVP THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
David S. Perpich director THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Manuel Bronstein director 970 PARK PLACE, SUITE 100, SAN MATEO CA 94403
Beth A. Brooke director C/O EHEALTH, INC., 2625 AUGUSTINE DRIVE, SECOND FLOOR, SANTA CLARA CA 95054
Jacqueline M Welch officer: EVP and CHRO THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Arthur S. Golden director THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Mark Thompson director, officer: PRESIDENT & CEO THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Arthur Jr Sulzberger director, officer: Chairman and Publisher THE NEW YORK TIMES COMPANY, 620 EIGHTH AVENUE, NEW YORK NY 10018
Doreen A Toben director 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Robert E Denham director MUNGER, TOLLES & OLSON LLP, 355 S. GRAND AVENUE, 35TH FLOOR, LOS ANGELES CA 90071