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Agilent Technologies (Agilent Technologies) E10

: $2.94 (As of Jan. 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.

Agilent Technologies's adjusted earnings per share data for the three months ended in Jan. 2024 was $1.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.94 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Agilent Technologies's average E10 Growth Rate was 7.70% per year. During the past 3 years, the average E10 Growth Rate was 8.30% per year. During the past 5 years, the average E10 Growth Rate was 8.30% per year. During the past 10 years, the average E10 Growth Rate was 1.50% 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 Agilent Technologies was 47.60% per year. The lowest was -9.90% per year. And the median was 6.20% per year.

As of today (2024-04-19), Agilent Technologies's current stock price is $132.44. Agilent Technologies's E10 for the quarter that ended in Jan. 2024 was $2.94. Agilent Technologies's Shiller PE Ratio of today is 45.05.

During the past 13 years, the highest Shiller PE Ratio of Agilent Technologies was 74.70. The lowest was 13.62. And the median was 34.99.


Agilent Technologies E10 Historical Data

The historical data trend for Agilent Technologies'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.

Agilent Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.25 2.28 2.47 2.67 2.90

Agilent Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.73 2.81 2.81 2.90 2.94

Competitive Comparison

For the Diagnostics & Research subindustry, Agilent Technologies'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.


Agilent Technologies Shiller PE Ratio Distribution

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

* The bar in red indicates where Agilent Technologies's Shiller PE Ratio falls into.



Agilent Technologies 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, Agilent Technologies's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.18/129.4194*129.4194
=1.180

Current CPI (Jan. 2024) = 129.4194.

Agilent Technologies Quarterly Data

per share eps CPI Adj_EPS
201404 0.410 100.023 0.530
201407 0.430 100.520 0.554
201410 0.050 100.176 0.065
201501 0.190 98.604 0.249
201504 0.260 99.824 0.337
201507 0.330 100.691 0.424
201510 0.420 100.346 0.542
201601 0.360 99.957 0.466
201604 0.280 100.947 0.359
201607 0.380 101.524 0.484
201610 0.380 101.988 0.482
201701 0.520 102.456 0.657
201704 0.500 103.167 0.627
201707 0.540 103.278 0.677
201710 0.540 104.070 0.672
201801 -0.990 104.578 -1.225
201804 0.630 105.708 0.771
201807 0.730 106.324 0.889
201810 0.610 106.695 0.740
201901 1.570 106.200 1.913
201904 0.570 107.818 0.684
201907 0.600 108.250 0.717
201910 0.620 108.577 0.739
202001 0.630 108.841 0.749
202004 0.320 108.173 0.383
202007 0.640 109.318 0.758
202010 0.710 109.861 0.836
202101 0.930 110.364 1.091
202104 0.700 112.673 0.804
202107 0.860 115.183 0.966
202110 1.450 116.696 1.608
202201 0.930 118.619 1.015
202204 0.910 121.978 0.966
202207 1.100 125.002 1.139
202210 1.230 125.734 1.266
202301 1.190 126.223 1.220
202304 1.020 127.992 1.031
202307 0.380 128.974 0.381
202310 1.620 129.810 1.615
202401 1.180 129.419 1.180

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


Agilent Technologies  (NYSE:A) 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.

Agilent Technologies's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=132.44/2.94
=45.05

* 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 Agilent Technologies was 74.70. The lowest was 13.62. And the median was 34.99.


Be Aware

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


Agilent Technologies E10 Related Terms

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


Agilent Technologies (Agilent Technologies) Business Description

Traded in Other Exchanges
Address
5301 Stevens Creek Boulevard, Santa Clara, CA, USA, 95051
Originally spun out of Hewlett-Packard in 1999, Agilent has evolved into a leading life sciences and diagnostics firm. Today, Agilent's measurement technologies serve a broad base of customers with its three operating segments: life science and applied tools, cross lab (consisting of consumables and services related to life science and applied tools), and diagnostics and genomics. Over half of its sales are generated from the biopharmaceutical, chemical, and advanced materials end markets, but it also supports clinical lab, environmental, forensics, food, academic, and government-related organizations. The company is geographically diverse, with operations in the U.S. and China representing the largest country concentrations.
Executives
Philip Binns officer: Senior Vice President 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051
Rodney Gonsalves officer: V.P., Corporate Controller 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051
Henrik Ancher-jensen officer: Sr. Vice President 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051
Michael R. Mcmullen officer: CEO and President 5301 STEVENS CREEK BLVD., MS 1A-LC, SANTA CLARA CA 95051
George A Scangos director C/O EXELIXIS INC, 170 HARBOR WAY, SAN FRANCISCO CA 94083
Otis W Brawley director 5203 BRISTOL INDUSTRIAL WAY, BUFORD GA 30518
Mikael Dolsten director 5 GIRALDA FARMS, MADISON NJ 07940
Mala Anand director C/O COTIVITI HOLDINGS, INC., 115 PERIMETER CENTER PLACE, SUITE 700, ATLANTA GA 30346
Sue H. Rataj director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Dow R Wilson director VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Boon Hwee Koh director C/O AGILENT TECHNOLOGIES, 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051
Heidi Fields director 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051
Hans Edgar Bishop director 60 WEST 66TH STREET, 26A, NEW YORK NY 10023
Daniel K Podolsky director 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051
Padraig Mcdonnell officer: Senior Vice President 5301 STEVENS CREEK BLVD, SANTA CLARA CA 95051