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IDXX (IDEXX Laboratories) E10 : $7.22 (As of Mar. 2025)


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What is IDEXX Laboratories 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.

IDEXX Laboratories's adjusted earnings per share data for the three months ended in Mar. 2025 was $2.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $7.22 for the trailing ten years ended in Mar. 2025.

During the past 12 months, IDEXX Laboratories's average E10 Growth Rate was 15.90% per year. During the past 3 years, the average E10 Growth Rate was 19.10% per year. During the past 5 years, the average E10 Growth Rate was 22.10% per year. During the past 10 years, the average E10 Growth Rate was 19.80% 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 IDEXX Laboratories was 24.50% per year. The lowest was 11.70% per year. And the median was 19.70% per year.

As of today (2025-07-22), IDEXX Laboratories's current stock price is $532.00. IDEXX Laboratories's E10 for the quarter that ended in Mar. 2025 was $7.22. IDEXX Laboratories's Shiller PE Ratio of today is 73.68.

During the past 13 years, the highest Shiller PE Ratio of IDEXX Laboratories was 189.03. The lowest was 48.09. And the median was 93.40.


IDEXX Laboratories E10 Historical Data

The historical data trend for IDEXX Laboratories'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.

IDEXX Laboratories E10 Chart

IDEXX Laboratories Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 4.08 4.95 5.90 6.90

IDEXX Laboratories 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 6.23 6.43 6.67 6.90 7.22

Competitive Comparison of IDEXX Laboratories's E10

For the Diagnostics & Research subindustry, IDEXX Laboratories'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.


IDEXX Laboratories's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, IDEXX Laboratories's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IDEXX Laboratories's Shiller PE Ratio falls into.


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IDEXX Laboratories 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, IDEXX Laboratories'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)
=2.96/134.9266*134.9266
=2.960

Current CPI (Mar. 2025) = 134.9266.

IDEXX Laboratories Quarterly Data

per share eps CPI Adj_EPS
201506 0.600 100.684 0.804
201509 0.480 100.392 0.645
201512 0.480 99.792 0.649
201603 0.510 100.470 0.685
201606 0.740 101.688 0.982
201609 0.620 101.861 0.821
201612 0.580 101.863 0.768
201703 0.770 102.862 1.010
201706 0.950 103.349 1.240
201709 0.790 104.136 1.024
201712 0.430 104.011 0.558
201803 1.010 105.290 1.294
201806 1.230 106.317 1.561
201809 1.050 106.507 1.330
201812 0.980 105.998 1.247
201903 1.170 107.251 1.472
201906 1.430 108.070 1.785
201909 1.240 108.329 1.544
201912 1.040 108.420 1.294
202003 1.290 108.902 1.598
202006 1.720 108.767 2.134
202009 1.690 109.815 2.076
202012 2.010 109.897 2.468
202103 2.350 111.754 2.837
202106 2.340 114.631 2.754
202109 2.030 115.734 2.367
202112 1.890 117.630 2.168
202203 2.270 121.301 2.525
202206 1.560 125.017 1.684
202209 2.150 125.227 2.317
202212 2.050 125.222 2.209
202303 2.550 127.348 2.702
202306 2.670 128.729 2.799
202309 2.530 129.860 2.629
202312 2.320 129.419 2.419
202403 2.810 131.776 2.877
202406 2.440 132.554 2.484
202409 2.800 133.029 2.840
202412 2.620 133.157 2.655
202503 2.960 134.927 2.960

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


IDEXX Laboratories  (NAS:IDXX) 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.

IDEXX Laboratories's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=532.00/7.22
=73.68

* 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 IDEXX Laboratories was 189.03. The lowest was 48.09. And the median was 93.40.


Be Aware

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


IDEXX Laboratories E10 Related Terms

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


IDEXX Laboratories Business Description

Address
One IDEXX Drive, Westbrook, ME, USA, 04092
Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets close to 35% of its revenue from outside the United States.
Executives
M Anne Szostak director C/O TUPPERWARE BRANDS CORP, 14901 S ORANGE BLOSSOM TR, ORLANDO FL 32837
Daniel M Junius director C/O IMMUNOGEN, INC., 830 WINTER STREET, WALTHAM MA 02451
Sophie V. Vandebroek director 6 OAK MEADOW ROAD, LINCOLN MA 01770
George Fennell officer: CORPORATE VICE PRESIDENT IDEXX LABORATORIES, INC., ONE IDEXX DRIVE, WESTBROOK ME 04092
Bruce L. Claflin director 7035 RIDGE ROAD, HANOVER MD 21076
James F Polewaczyk officer: Corporate Vice President IDEXX LABORATORIES, INC., ONE IDEXX DRIVE, WESTBROOK ME 04092
Brian P Mckeon director IDEXX LABORATORIES, ONE IDEXX DRIVE, WESTBROOK ME 04092
Jonathan Jay Mazelsky director, officer: President and CEO ONE IDEXX DRIVE, WESTBROOK ME 04092
Martin Alexander Smith officer: Executive Vice President C/O IDEXX LABORATORIES, INC., ONE IDEXX DRIVE, WESTBROOK ME 04092
Jonathan W Ayers director, officer: President & CEO IDEXX LABORATORIES, INC., ONE IDEXX DRIVE, WESTBROOK ME 04092
Michael Lane officer: Executive Vice President C/O IDEXX LABORATORIES, INC., WESTBROOK ME 04092
Irene Chang Britt director CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
Samer Abdul Samad director 5200 ILLUMINA WAY, SAN DIEGO CA 92122
Lawrence D Kingsley director C/O IDEX CORPORATION, 630 DUNDEE ROAD, NORTHBROOK IL 60062
Asha Collins director IDEXX LABORATORIES, INC., ONE IDEXX DRIVE, WESTBROOK ME 04092