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ScanSource (ScanSource) E10 : $1.63 (As of Dec. 2023)


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What is ScanSource 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.

ScanSource's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ScanSource's average E10 Growth Rate was 15.60% per year. During the past 3 years, the average E10 Growth Rate was 3.30% per year. During the past 5 years, the average E10 Growth Rate was -10.30% per year. During the past 10 years, the average E10 Growth Rate was -4.90% 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 ScanSource was 28.60% per year. The lowest was -19.20% per year. And the median was 7.80% per year.

As of today (2024-04-30), ScanSource's current stock price is $41.79. ScanSource's E10 for the quarter that ended in Dec. 2023 was $1.63. ScanSource's Shiller PE Ratio of today is 25.64.

During the past 13 years, the highest Shiller PE Ratio of ScanSource was 31.30. The lowest was 6.82. And the median was 17.48.


ScanSource E10 Historical Data

The historical data trend for ScanSource'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.

ScanSource E10 Chart

ScanSource Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 1.46 1.25 1.37 1.61

ScanSource 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 1.41 1.46 1.61 1.59 1.63

Competitive Comparison of ScanSource's E10

For the Electronics & Computer Distribution subindustry, ScanSource'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.


ScanSource's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ScanSource's Shiller PE Ratio distribution charts can be found below:

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



ScanSource 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, ScanSource'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)
=1.29/129.4194*129.4194
=1.290

Current CPI (Dec. 2023) = 129.4194.

ScanSource Quarterly Data

per share eps CPI Adj_EPS
201403 0.590 99.695 0.766
201406 0.940 100.560 1.210
201409 0.670 100.428 0.863
201412 0.580 99.070 0.758
201503 0.450 99.621 0.585
201506 0.570 100.684 0.733
201509 0.570 100.392 0.735
201512 0.770 99.792 0.999
201603 0.540 100.470 0.696
201606 0.500 101.688 0.636
201609 0.580 101.861 0.737
201612 0.910 101.863 1.156
201703 0.490 102.862 0.617
201706 0.740 103.349 0.927
201709 0.160 104.136 0.199
201712 0.310 104.011 0.386
201803 0.420 105.290 0.516
201806 0.400 106.317 0.487
201809 0.560 106.507 0.680
201812 0.780 105.998 0.952
201903 0.450 107.251 0.543
201906 0.450 108.070 0.539
201909 0.450 108.329 0.538
201912 0.450 108.420 0.537
202003 0.070 108.902 0.083
202006 -8.570 108.767 -10.197
202009 -0.470 109.815 -0.554
202012 -0.560 109.897 -0.659
202103 0.510 111.754 0.591
202106 0.920 114.631 1.039
202109 0.860 115.734 0.962
202112 0.900 117.630 0.990
202203 0.910 121.301 0.971
202206 0.780 125.017 0.807
202209 0.940 125.227 0.971
202212 1.010 125.222 1.044
202303 0.830 127.348 0.844
202306 0.750 128.729 0.754
202309 0.610 129.860 0.608
202312 1.290 129.419 1.290

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


ScanSource  (NAS:SCSC) 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.

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

Shiller PE Ratio=Share Price/E10
=41.79/1.63
=25.64

* 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 ScanSource was 31.30. The lowest was 6.82. And the median was 17.48.


Be Aware

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


ScanSource E10 Related Terms

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


ScanSource (ScanSource) Business Description

Traded in Other Exchanges
Address
6 Logue Court, Greenville, SC, USA, 29615
ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Modern Communications and Cloud. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the Company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States.
Executives
Michael L Baur officer: President and CEO 6 LOGUE COURT, GREENVILLE SC 29615
Peter C Browning director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Brandy Ford officer: SVP & Chief Accounting Officer 6 LOGUE COURT, GREENVILLE SC 29615
John Charles Eldh officer: Sr. EVP & Chief Revenue Off. 6 LOGUE COURT, GREENVILLE SC 29615
Vernon J Nagel director 1330 W. FULTON STREET, SUITE 350, CHICAGO IL 60607
Shana C Smith officer: Sr. EVP & Chief Legal Officer 1875 EXPLORER ST SUITE 800, RESTON VA 20190
Charles R Whitchurch director 143 FULLER LANE, WINNDKER IL 60093
Charles Alexander Mathis officer: Vice-President & CFO 627 ISLAND PARK DRIVE, DANIEL ISLAND SC 29492
Rachel Hayden officer: Senior Executive VP & CIO 6 LOGUE COURT, GREENVILLE SC 29615
Michael J Grainger director C/O INGRAM MICRO INC WORLD WIDE L, 1600 E ST ANDREW PLACE, SANTA ANA CA 92705
Stephen Jones officer: Sr. EVP & CFO 6 LOGUE COURT, GREENVILLE SC 29615
Emory Frank Edward Jr. director 2809 SHARON VIEW ROAD, CHARLOTTE NC 28210
Jeffrey R Rodek director 4151 GULF SHORE BLVD N, PH2, NAPLES FL 34103
Matthew Dean officer: VP and General Counsel 101 LEDGESTONE WAY, GREER SC 29651
Gerald Lyons officer: SVP & Principal Acctg Officer 6 LOGUE CT., GREENVILLE SC 29615