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AT&T (T) E10 : $0.00 (As of Mar. 2024)


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What is AT&T E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

AT&T's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AT&T's average E10 Growth Rate was -7.60% per year. During the past 3 years, the average E10 Growth Rate was 0.90% per year. During the past 5 years, the average E10 Growth Rate was -2.50% per year. During the past 10 years, the average E10 Growth Rate was 0.80% 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 AT&T was 21.50% per year. The lowest was -9.30% per year. And the median was 0.85% per year.

As of today (2024-04-26), AT&T's current stock price is $16.86. AT&T's E10 for the quarter that ended in Mar. 2024 was $0.00. AT&T's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of AT&T was 14.71. The lowest was 5.75. And the median was 10.60.


AT&T E10 Historical Data

The historical data trend for AT&T'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.

AT&T E10 Chart

AT&T 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 2.57 2.13 2.48 2.37 2.19

AT&T Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.38 2.37 2.35 2.19 -

Competitive Comparison of AT&T's E10

For the Telecom Services subindustry, AT&T'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.


AT&T's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AT&T's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AT&T's Shiller PE Ratio falls into.



AT&T 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, AT&T's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.47/129.4194*129.4194
=0.470

Current CPI (Mar. 2024) = 129.4194.

AT&T Quarterly Data

per share eps CPI Adj_EPS
201406 0.680 100.560 0.875
201409 0.600 100.428 0.773
201412 -0.770 99.070 -1.006
201503 0.630 99.621 0.818
201506 0.590 100.684 0.758
201509 0.500 100.392 0.645
201512 0.650 99.792 0.843
201603 0.610 100.470 0.786
201606 0.550 101.688 0.700
201609 0.540 101.861 0.686
201612 0.390 101.863 0.496
201703 0.560 102.862 0.705
201706 0.630 103.349 0.789
201709 0.490 104.136 0.609
201712 3.080 104.011 3.832
201803 0.750 105.290 0.922
201806 0.810 106.317 0.986
201809 0.650 106.507 0.790
201812 0.660 105.998 0.806
201903 0.560 107.251 0.676
201906 0.510 108.070 0.611
201909 0.500 108.329 0.597
201912 0.330 108.420 0.394
202003 0.630 108.902 0.749
202006 0.170 108.767 0.202
202009 0.390 109.815 0.460
202012 -1.950 109.897 -2.296
202103 1.020 111.754 1.181
202106 0.210 114.631 0.237
202109 0.800 115.734 0.895
202112 0.690 117.630 0.759
202203 0.650 121.301 0.694
202206 0.560 125.017 0.580
202209 0.800 125.227 0.827
202212 -3.200 125.222 -3.307
202303 0.570 127.348 0.579
202306 0.610 128.729 0.613
202309 0.480 129.860 0.478
202312 0.300 129.419 0.300
202403 0.470 129.419 0.470

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


AT&T  (NYSE:T) 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.

During the past 13 years, the highest Shiller P/E Ratio of AT&T was 14.71. The lowest was 5.75. And the median was 10.60.


Be Aware

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


AT&T E10 Related Terms

Thank you for viewing the detailed overview of AT&T's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


AT&T (T) Business Description

Address
208 S. Akard Street, Dallas, TX, USA, 75202
The wireless business contributes about two thirds of AT&T's revenue following the spinoff of Warner Media. The firm is the third-largest U.S. wireless carrier, connecting 70 million postpaid and 18 million prepaid phone customers. Fixed-line enterprise services, which account for about 18% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access service. AT&T also has a sizable presence in Mexico, serving 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.
Executives
Sanders S Sabrina officer: SVP-ChiefActngOfcr&Controller 208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Debra L. Dial officer: SVP-ChiefActngOfcr&Controller 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Jeremy Alan Legg officer: Chief Technology Officer 208 S. AKARD STREET, DALLAS TX 75202
Kenny Kellyn Smith officer: Chief Marketing & Growth Ofcr 208 S. AKARD ST, 29TH FLOOR, DALLAS TX 75202
Edward W Gillespie officer: SrEVP-Ext & Legal Affairs 208 S. AKARD, DALLAS TX 75202
Angela Santone officer: Sr. Exec VP-Human Resources 208 S. AKARD ST, DALLAS TX 75202
Jeffery S. Mcelfresh officer: CEO, AT&T Communications, LLC 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Mcatee David R Ii officer: Sr. Exec. VP and Gen. Counsel 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
David S. Huntley officer: SEVP&Chief Compliance Officer 208 S. AKARD, ROOM 2900;07, DALLAS TX 75202
Lori M Lee officer: CEO-AT&T LatAm&GlobalMktgOfcr 208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Pascal Desroches officer: Sr. Exec VP and CFO AT&T INC., 208 S AKARD STREET, DALLAS TX 75202
Stephen J Luczo director
Luis A Ubinas director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
John T Stankey officer: Sr. Exec. VP and CIO 208 S. AKARD ST., 29TH FLOOR, DALLAS TX 75202
Jason Kilar officer: CEO, Warner Media, LLC 208 S. AKARD ST, DALLAS TX 75202

AT&T (T) Headlines

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