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Tyco International (Tyco International) E10 : $1.32 (As of Jun. 2016)


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What is Tyco International 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.

Tyco International's adjusted earnings per share data for the three months ended in Jun. 2016 was $0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.32 for the trailing ten years ended in Jun. 2016.

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.

As of today (2024-05-13), Tyco International's current stock price is $45.59. Tyco International's E10 for the quarter that ended in Jun. 2016 was $1.32. Tyco International's Shiller PE Ratio of today is 34.54.


Tyco International E10 Historical Data

The historical data trend for Tyco International'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.

Tyco International E10 Chart

Tyco International Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 2.65 2.55 2.30 1.72

Tyco International Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 1.94 1.72 1.60 1.45 1.32

Competitive Comparison of Tyco International's E10

For the Security & Protection Services subindustry, Tyco International'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.


Tyco International's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tyco International's Shiller PE Ratio distribution charts can be found below:

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



Tyco International 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, Tyco International's adjusted earnings per share data for the three months ended in Jun. 2016 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=0.56/101.0715*101.0715
=0.560

Current CPI (Jun. 2016) = 101.0715.

Tyco International Quarterly Data

per share eps CPI Adj_EPS
200609 2.430 93.696 2.621
200612 1.570 94.393 1.681
200703 1.660 95.689 1.753
200706 -7.180 96.985 -7.483
200709 0.370 97.982 0.382
200712 0.730 98.779 0.747
200803 0.570 100.474 0.573
200806 0.980 101.769 0.973
200809 0.910 102.268 0.899
200812 0.580 99.875 0.587
200903 -5.420 97.782 -5.602
200906 0.600 96.287 0.630
200909 0.430 95.589 0.455
200912 0.630 94.892 0.671
201003 0.650 94.792 0.693
201006 0.510 95.490 0.540
201009 0.520 95.988 0.548
201012 1.340 96.187 1.408
201103 0.660 97.683 0.683
201106 0.760 98.081 0.783
201109 0.820 98.480 0.842
201112 0.690 98.480 0.708
201203 0.690 99.875 0.698
201206 0.520 99.676 0.527
201209 -0.910 100.075 -0.919
201212 0.340 99.676 0.345
201303 0.160 100.374 0.161
201306 0.280 100.374 0.282
201309 0.350 100.274 0.353
201312 0.570 99.875 0.577
201403 0.440 100.573 0.442
201406 3.110 100.773 3.119
201409 -0.140 100.474 -0.141
201412 0.380 99.576 0.386
201503 0.390 99.975 0.394
201506 0.370 100.573 0.372
201509 0.150 100.274 0.151
201512 0.180 99.676 0.183
201603 0.340 99.676 0.345
201606 0.560 101.072 0.560

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


Tyco International  (NYSE:TYC) 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.

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

Shiller PE Ratio=Share Price/E10
=45.59/1.32
=34.54

* 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.


Be Aware

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


Tyco International E10 Related Terms

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


Tyco International (Tyco International) Business Description

Traded in Other Exchanges
N/A
Address
Unit 1202 Building 1000 City Gate, Mahon, Cork, IRL, 8212
Tyco International PLC is a global provider of security products and services, fire detection and suppression products and services, and life safety products. Brand names include Tyco, Tyco Integrated Security, SimplexGrinnell, Sensormatic, Wormald, Scott, and ADT (outside North American markets). The revenue breakdown is 37% North America installation and services, 38% rest of world installation and services, and 25% global products. Tyco completed its spin-off of ADT and the flow control business in September 2012, five years after its prior three-way split.

Tyco International (Tyco International) Headlines

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