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CRS (Carpenter Technology) E10 : $1.49 (As of Mar. 2025)


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What is Carpenter Technology 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.

Carpenter Technology's adjusted earnings per share data for the three months ended in Mar. 2025 was $1.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.49 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Carpenter Technology's average E10 Growth Rate was 58.50% per year. During the past 3 years, the average E10 Growth Rate was -11.10% per year. During the past 5 years, the average E10 Growth Rate was -15.40% per year. During the past 10 years, the average E10 Growth Rate was -10.60% 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 Carpenter Technology was 32.50% per year. The lowest was -26.40% per year. And the median was 0.50% per year.

As of today (2025-07-22), Carpenter Technology's current stock price is $274.42. Carpenter Technology's E10 for the quarter that ended in Mar. 2025 was $1.49. Carpenter Technology's Shiller PE Ratio of today is 184.17.

During the past 13 years, the highest Shiller PE Ratio of Carpenter Technology was 192.90. The lowest was 6.67. And the median was 24.97.


Carpenter Technology E10 Historical Data

The historical data trend for Carpenter Technology'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.

Carpenter Technology E10 Chart

Carpenter Technology Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 1.48 1.18 0.96 1.04

Carpenter Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.94 1.04 1.17 1.28 1.49

Competitive Comparison of Carpenter Technology's E10

For the Metal Fabrication subindustry, Carpenter Technology'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.


Carpenter Technology's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carpenter Technology's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Carpenter Technology's Shiller PE Ratio falls into.


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Carpenter Technology 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, Carpenter Technology's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.88/134.9266*134.9266
=1.880

Current CPI (Mar. 2025) = 134.9266.

Carpenter Technology Quarterly Data

per share eps CPI Adj_EPS
201506 0.440 100.684 0.590
201509 0.180 100.392 0.242
201512 0.230 99.792 0.311
201603 -0.510 100.470 -0.685
201606 0.320 101.688 0.425
201609 -0.130 101.861 -0.172
201612 0.150 101.863 0.199
201703 0.440 102.862 0.577
201706 0.540 103.349 0.705
201709 0.490 104.136 0.635
201712 1.920 104.011 2.491
201803 0.630 105.290 0.807
201806 0.880 106.317 1.117
201809 0.650 106.507 0.823
201812 0.730 105.998 0.929
201903 1.050 107.251 1.321
201906 1.000 108.070 1.249
201909 0.850 108.329 1.059
201912 0.790 108.420 0.983
202003 0.820 108.902 1.016
202006 -2.460 108.767 -3.052
202009 -0.980 109.815 -1.204
202012 -1.760 109.897 -2.161
202103 -0.840 111.754 -1.014
202106 -1.180 114.631 -1.389
202109 -0.310 115.734 -0.361
202112 -0.610 117.630 -0.700
202203 -0.160 121.301 -0.178
202206 0.050 125.017 0.054
202209 -0.140 125.227 -0.151
202212 0.130 125.222 0.140
202303 0.380 127.348 0.403
202306 0.780 128.729 0.818
202309 0.880 129.860 0.914
202312 0.850 129.419 0.886
202403 0.120 131.776 0.123
202406 1.850 132.554 1.883
202409 1.670 133.029 1.694
202412 1.660 133.157 1.682
202503 1.880 134.927 1.880

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


Carpenter Technology  (NYSE:CRS) 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.

Carpenter Technology's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=274.42/1.49
=184.17

* 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 Carpenter Technology was 192.90. The lowest was 6.67. And the median was 24.97.


Be Aware

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


Carpenter Technology E10 Related Terms

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


Carpenter Technology Business Description

Traded in Other Exchanges
Address
1735 Market Street, 15th Floor, Philadelphia, PA, USA, 19103
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.
Executives
Pritchett Colleen director C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901
James D Dee officer: VP, Gen Counsel & Secretary TWO PITCAIRN PLACE, SUITE 200, 165 TOWNSHIP LINE ROAD, JENKINTOWN PA 19046
Elizabeth A Socci officer: VP, Controller & Chf Acctg Off C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
I Martin Inglis director C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Viola L Acoff director C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Tony R Thene officer: Sr VP and CFO ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Ramin Younessi director 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Timothy Lain officer: VP-Controller, Chf Acctg Ofcr C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Steven E Karol director C/O STOCKERYALE INC, 32 HAMPSHIRE RD, SALEM NH 03079
Marshall D Akins officer: VP & Chief Commercial Officer CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Mclane Charles Douglas Jr director C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Brian J Malloy officer: VP - Chief Commercial Officer C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Kathy Hopinkah Hannan director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
David Graf officer: VP and Group President - SAO C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Kathleen Ligocki director 3296 PINE LAKE ROAD, WEST BLOOMFIELD MI 48324