GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sherwin-Williams Co (NYSE:SHW) » Definitions » E10
中文

Sherwin-Williams Co (Sherwin-Williams Co) E10 : $6.66 (As of Dec. 2023)


View and export this data going back to 1964. Start your Free Trial

What is Sherwin-Williams 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.

Sherwin-Williams Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $6.66 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sherwin-Williams Co's average E10 Growth Rate was 13.80% per year. During the past 3 years, the average E10 Growth Rate was 16.70% per year. During the past 5 years, the average E10 Growth Rate was 17.00% per year. During the past 10 years, the average E10 Growth Rate was 15.60% 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 Sherwin-Williams Co was 17.90% per year. The lowest was 3.20% per year. And the median was 12.35% per year.

As of today (2024-04-25), Sherwin-Williams Co's current stock price is $303.73. Sherwin-Williams Co's E10 for the quarter that ended in Dec. 2023 was $6.66. Sherwin-Williams Co's Shiller PE Ratio of today is 45.61.

During the past 13 years, the highest Shiller PE Ratio of Sherwin-Williams Co was 71.58. The lowest was 35.08. And the median was 45.87.


Sherwin-Williams Co E10 Historical Data

The historical data trend for Sherwin-Williams 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.

Sherwin-Williams Co E10 Chart

Sherwin-Williams 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 3.57 4.19 5.03 5.85 6.66

Sherwin-Williams Co 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 5.85 6.09 6.35 6.59 6.66

Competitive Comparison of Sherwin-Williams Co's E10

For the Specialty Chemicals subindustry, Sherwin-Williams 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.


Sherwin-Williams Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sherwin-Williams Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sherwin-Williams Co's Shiller PE Ratio falls into.



Sherwin-Williams 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, Sherwin-Williams 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)
=1.39/129.4194*129.4194
=1.390

Current CPI (Dec. 2023) = 129.4194.

Sherwin-Williams Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.380 99.695 0.493
201406 0.980 100.560 1.261
201409 1.117 100.428 1.439
201412 0.457 99.070 0.597
201503 0.460 99.621 0.598
201506 1.233 100.684 1.585
201509 1.323 100.392 1.706
201512 0.707 99.792 0.917
201603 0.583 100.470 0.751
201606 1.330 101.688 1.693
201609 1.360 101.861 1.728
201612 0.717 101.863 0.911
201703 0.843 102.862 1.061
201706 1.120 103.349 1.403
201709 1.110 104.136 1.380
201712 3.130 104.011 3.895
201803 0.873 105.290 1.073
201806 1.417 106.317 1.725
201809 1.240 106.507 1.507
201812 0.357 105.998 0.436
201903 0.873 107.251 1.053
201906 1.677 108.070 2.008
201909 2.053 108.329 2.453
201912 0.887 108.420 1.059
202003 1.150 108.902 1.367
202006 2.160 108.767 2.570
202009 2.550 109.815 3.005
202012 1.487 109.897 1.751
202103 1.510 111.754 1.749
202106 2.420 114.631 2.732
202109 1.880 115.734 2.102
202112 1.150 117.630 1.265
202203 1.410 121.301 1.504
202206 2.210 125.017 2.288
202209 2.620 125.227 2.708
202212 1.480 125.222 1.530
202303 1.840 127.348 1.870
202306 3.070 128.729 3.086
202309 2.950 129.860 2.940
202312 1.390 129.419 1.390

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


Sherwin-Williams Co  (NYSE:SHW) 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.

Sherwin-Williams Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=303.73/6.66
=45.61

* 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 Sherwin-Williams Co was 71.58. The lowest was 35.08. And the median was 45.87.


Be Aware

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


Sherwin-Williams Co E10 Related Terms

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


Sherwin-Williams Co (Sherwin-Williams Co) Business Description

Address
101 West Prospect Avenue, Cleveland, OH, USA, 44115-1075
Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 4,900 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells paint-related products in big-box stores and provides coatings for original equipment manufacturers.
Executives
Mary L Garceau officer: SVP, Gen. Counsel & Secretary 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Heidi G Petz officer: President, Consumer Brands Grp 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
John G Morikis officer: President, Paint Stores Group C/O THE SHERWIN WILLIAMS CO, 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Thomas L Williams director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Gregory P. Sofish officer: SVP - Human Resources 101 WEST PROSPECT AVENUE, 1180 MIDLAND BUILDING, CLEVELAND OH 44115
Justin T Binns officer: President, Perf Coatings Grp 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Karl J Jorgenrud officer: President, Perf Coatings Group 101 WEST PROSPECT AVENUE, 1180 MIDLAND, CLEVELAND OH 44115
Todd D Rea officer: President, Consumer Brands Grp 101 W. PROSPECT AVENUE, 1180 MIDLAND, CLEVELAND OH 44115
Bryan J Young officer: SVP - Corp Strategy & Devel. 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Joseph F Sladek officer: Pres. & GM, Glob. Supply Chain 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Marta R Stewart director C/O NORFOLK SOUTHERN CORP, THREE COMMERCIAL PL, NORFOLK VA 23510-9219
Peter J. Ippolito officer: President, The Americas Group 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Jane M. Cronin officer: SVP - Corporate Controller 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Thomas P Gilligan officer: SVP-Human Resources 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Brian E Padden officer: President, Consumer Brands Grp 101 W. PROSPECT, CLEVELAND OH 44115

Sherwin-Williams Co (Sherwin-Williams Co) Headlines