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Telephone and Data Systems (Telephone and Data Systems) E10 : $0.41 (As of Dec. 2023)


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What is Telephone and Data Systems 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.

Telephone and Data Systems's adjusted earnings per share data for the three months ended in Dec. 2023 was $-4.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Telephone and Data Systems's average E10 Growth Rate was -61.00% per year. During the past 3 years, the average E10 Growth Rate was -28.50% per year. During the past 5 years, the average E10 Growth Rate was -13.70% per year. During the past 10 years, the average E10 Growth Rate was -7.20% 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 Telephone and Data Systems was 73.90% per year. The lowest was -28.50% per year. And the median was 1.50% per year.

As of today (2024-04-28), Telephone and Data Systems's current stock price is $15.78. Telephone and Data Systems's E10 for the quarter that ended in Dec. 2023 was $0.41. Telephone and Data Systems's Shiller PE Ratio of today is 38.49.

During the past 13 years, the highest Shiller PE Ratio of Telephone and Data Systems was 48.98. The lowest was 6.41. And the median was 20.79.


Telephone and Data Systems E10 Historical Data

The historical data trend for Telephone and Data Systems'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.

Telephone and Data Systems E10 Chart

Telephone and Data Systems 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 1.07 1.12 1.08 1.05 0.41

Telephone and Data Systems 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 1.05 1.05 0.86 0.87 0.41

Competitive Comparison of Telephone and Data Systems's E10

For the Telecom Services subindustry, Telephone and Data Systems'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.


Telephone and Data Systems's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telephone and Data Systems's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Telephone and Data Systems's Shiller PE Ratio falls into.



Telephone and Data Systems 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, Telephone and Data Systems'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)
=-4.65/129.4194*129.4194
=-4.650

Current CPI (Dec. 2023) = 129.4194.

Telephone and Data Systems Quarterly Data

per share eps CPI Adj_EPS
201403 0.160 99.695 0.208
201406 -0.200 100.560 -0.257
201409 -1.070 100.428 -1.379
201412 -0.150 99.070 -0.196
201503 1.330 99.621 1.728
201506 0.210 100.684 0.270
201509 0.460 100.392 0.593
201512 -0.010 99.792 -0.013
201603 0.070 100.470 0.090
201606 0.250 101.688 0.318
201609 0.110 101.861 0.140
201612 -0.050 101.863 -0.064
201703 0.330 102.862 0.415
201706 0.090 103.349 0.113
201709 -1.640 104.136 -2.038
201712 2.540 104.011 3.160
201803 0.340 105.290 0.418
201806 0.290 106.317 0.353
201809 0.410 106.507 0.498
201812 0.140 105.998 0.171
201903 0.500 107.251 0.603
201906 0.280 108.070 0.335
201909 0.150 108.329 0.179
201912 0.100 108.420 0.119
202003 0.590 108.902 0.701
202006 0.560 108.767 0.666
202009 0.660 109.815 0.778
202012 0.120 109.897 0.141
202103 0.480 111.754 0.556
202106 0.170 114.631 0.192
202109 0.240 115.734 0.268
202112 0.110 117.630 0.121
202203 0.370 121.301 0.395
202206 0.150 125.017 0.155
202209 -0.220 125.227 -0.227
202212 -0.380 125.222 -0.393
202303 -0.080 127.348 -0.081
202306 -0.170 128.729 -0.171
202309 -0.160 129.860 -0.159
202312 -4.650 129.419 -4.650

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


Telephone and Data Systems  (NYSE:TDS) 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.

Telephone and Data Systems's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.78/0.41
=38.49

* 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 Telephone and Data Systems was 48.98. The lowest was 6.41. And the median was 20.79.


Be Aware

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


Telephone and Data Systems E10 Related Terms

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


Telephone and Data Systems (Telephone and Data Systems) Business Description

Traded in Other Exchanges
Address
30 North LaSalle Street, Suite 4000, Chicago, IL, USA, 60602
Telephone and Data Systems Inc is a diversified telecommunications operator that provides mobile, telephone, and broadband services. The company's segments include UScellular and TDS Telecom. It generates maximum revenue from the UScellular segment.
Executives
Clarence A Davis director ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Vicki L Villacrez officer: Executive Vice President & CFO 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Dirk S Woessner director 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Kurt B Thaus officer: Senior VP - CIO 30 N LASALLE STREET STE 4000, CHICAGO IL 60602
Prudence E Carlson director 30 N LASALLE STREET SUITE 4000, CHICAGO IL 60602
Joseph R Hanley officer: VP Technology Planning Service 535 JUNCTION ROAD, MADISON WI 53717
Gary L Sugarman director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Laurent C Therivel director, officer: President of a Subsidiary 8410 W. BRYN MAWR STREET, CHICAGO IL 60631
Mizuho Securities Usa Llc other: See Remarks 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Wade Oosterman director C/O INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705
Anita J Kroll officer: VP, Controller & CAO 30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Scott H Williamson officer: Senior Vice President C/O TDS INC, 30 N. LASALLE ST #4000, CHICAGO IL 60602
Mitchell H Saranow director C/O METZLER GROUP INC, 520 LAKE COOK ROAD SUITE 500, DEERFIELD IL 60015
Kenneth R Meyers director, officer: Executive Vice President & CFO
James W Butman officer: President & CEO of subsidiary 30 N. LASALLE STREET, STE. 4000, CHICAGO IL 60602