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WD-40 Co (WD-40 Co) E10

: $4.94 (As of Feb. 2024)
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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.

WD-40 Co's adjusted earnings per share data for the three months ended in Feb. 2024 was $1.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.94 for the trailing ten years ended in Feb. 2024.

During the past 12 months, WD-40 Co's average E10 Growth Rate was 5.30% per year. During the past 3 years, the average E10 Growth Rate was 11.20% per year. During the past 5 years, the average E10 Growth Rate was 10.20% per year. During the past 10 years, the average E10 Growth Rate was 9.20% 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 WD-40 Co was 11.20% per year. The lowest was 1.20% per year. And the median was 4.10% per year.

As of today (2024-04-23), WD-40 Co's current stock price is $226.88. WD-40 Co's E10 for the quarter that ended in Feb. 2024 was $4.94. WD-40 Co's Shiller PE Ratio of today is 45.93.

During the past 13 years, the highest Shiller PE Ratio of WD-40 Co was 90.29. The lowest was 25.95. And the median was 44.21.


WD-40 Co E10 Historical Data

The historical data trend for WD-40 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.

WD-40 Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.33 3.56 4.01 4.56 4.89

WD-40 Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
E10 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 Premium Member Only Premium Member Only Premium Member Only 4.69 4.79 4.89 4.92 4.94

Competitive Comparison

For the Specialty Chemicals subindustry, WD-40 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.


WD-40 Co Shiller PE Ratio Distribution

For the Chemicals industry and Basic Materials sector, WD-40 Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where WD-40 Co's Shiller PE Ratio falls into.



WD-40 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, WD-40 Co's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.14/129.4194*129.4194
=1.140

Current CPI (Feb. 2024) = 129.4194.

WD-40 Co Quarterly Data

per share eps CPI Adj_EPS
201405 0.690 100.373 0.890
201408 0.770 100.352 0.993
201411 0.730 99.635 0.948
201502 0.760 99.032 0.993
201505 0.750 100.333 0.967
201508 0.800 100.548 1.030
201511 0.830 100.135 1.073
201602 0.940 100.040 1.216
201605 0.880 101.355 1.124
201608 0.990 101.617 1.261
201611 0.820 101.829 1.042
201702 0.870 102.779 1.096
201705 1.020 103.256 1.278
201708 1.010 103.587 1.262
201711 0.900 104.072 1.119
201802 1.050 105.052 1.294
201805 1.150 106.148 1.402
201808 1.540 106.383 1.873
201811 0.950 106.338 1.156
201902 1.140 106.649 1.383
201905 1.300 108.048 1.557
201908 0.630 108.245 0.753
201911 0.880 108.519 1.049
202002 1.040 109.139 1.233
202005 1.060 108.175 1.268
202008 1.420 109.662 1.676
202011 1.720 109.793 2.027
202102 1.240 110.968 1.446
202105 1.520 113.576 1.732
202108 0.610 115.421 0.684
202111 1.340 117.269 1.479
202202 1.410 119.703 1.524
202205 1.070 123.323 1.123
202208 1.080 124.958 1.119
202211 1.020 125.607 1.051
202302 1.210 126.928 1.234
202305 1.380 128.314 1.392
202308 1.210 129.538 1.209
202311 1.280 129.548 1.279
202402 1.140 129.419 1.140

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


WD-40 Co  (NAS:WDFC) 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.

WD-40 Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=226.88/4.94
=45.93

* 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 WD-40 Co was 90.29. The lowest was 25.95. And the median was 44.21.


Be Aware

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


WD-40 Co E10 Related Terms

Thank you for viewing the detailed overview of WD-40 Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


WD-40 Co (WD-40 Co) Business Description

Traded in Other Exchanges
Address
9715 Businesspark Avenue, San Diego, CA, USA, 92131
WD-40 Co manufactures and sells lubricants and cleaning products. The firm's product categories include maintenance and cleaning products. Maintenance products include the WD-40 signature brand aerosol spray lubricant as well as degreasers, rust removers, and bicycle maintenance products. Cleaning products include toilet cleaners, carpet stain removers and deodorizers, and heavy-duty hand soaps used to clean grease. The company organizes itself into three segments based on geography: Americas, Europe/Middle East/Africa, and Asia-Pacific. Around half of the company's revenue comes from the Americas segment, which includes the United States, Canada, and Latin America.
Executives
Sara Kathleen Hyzer officer: VP, Finance & CFO C/O: WD-40 COMPANY, 9715 BUSINESSPARK AVE., SAN DIEGO CA 92131
Jeffrey G Lindeman officer: VP, Chief People, Cult. & Cap. 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Phenix Q. Kiamilev officer: VP, General Counsel & Corp Sec 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Steven A Brass director, officer: President and CEO WD-40 COMPANY, 1061 CUDAHY PLACE, SAN DIEGO CA 92110
William B Noble officer: Group MD, EMEA & Emerging Mkts BRICK CLOSE, KIIN FARM, MILTON KEYNES X0 MK1 13LJ
Patricia Q Olsem officer: Division President, Americas 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Cynthia Burks director C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369
Geoffrey Holdsworth officer: Managing Director AsiaPacific 27 MUNGARRA AVENUE, ST. IVES, SYDNEY C3 2075
Eric Etchart director ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Magee Edward O Jr director 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Richard T Clampitt officer: VP, General Counsel WD-40 COMPANY, 1061 CUDAHY PLACE, SAN DIEGO CA 92110
Garry O Ridge director, officer: President & CEO 1061 CUDAHY PL, SAN DIEGO CA 92110
Lara L Lee director C/O MARRONE BIO INNOVATIONS, INC., 1540 DREW AVENUE, DAVIS CA 95618
Jay Rembolt officer: Principal Accounting Officer 1061 CUDAHY PL, SAN DIEGO CA 92110
Graciela Monteagudo director FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047