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Ball (BALL) E10 : $3.06 (As of Sep. 2024)


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What is Ball 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.

Ball's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.06 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Ball's average E10 Growth Rate was 60.20% per year. During the past 3 years, the average E10 Growth Rate was 10.20% per year. During the past 5 years, the average E10 Growth Rate was 8.40% per year. During the past 10 years, the average E10 Growth Rate was 5.80% 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 Ball was 146.60% per year. The lowest was -12.60% per year. And the median was 14.10% per year.

As of today (2024-12-14), Ball's current stock price is $58.24. Ball's E10 for the quarter that ended in Sep. 2024 was $3.06. Ball's Shiller PE Ratio of today is 19.03.

During the past 13 years, the highest Shiller PE Ratio of Ball was 70.62. The lowest was 18.66. And the median was 32.70.


Ball E10 Historical Data

The historical data trend for Ball'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.

Ball E10 Chart

Ball Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.42 1.62 1.79 1.90

Ball Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.91 1.90 3.05 3.05 3.06

Competitive Comparison of Ball's E10

For the Packaging & Containers subindustry, Ball'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.


Ball's Shiller PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Shiller PE Ratio distribution charts can be found below:

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



Ball 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, Ball's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.65/133.0289*133.0289
=0.650

Current CPI (Sep. 2024) = 133.0289.

Ball Quarterly Data

per share eps CPI Adj_EPS
201412 0.270 99.070 0.363
201503 0.075 99.621 0.100
201506 0.565 100.684 0.747
201509 0.160 100.392 0.212
201512 0.195 99.792 0.260
201603 -0.450 100.470 -0.596
201606 1.060 101.688 1.387
201609 0.090 101.861 0.118
201612 0.040 101.863 0.052
201703 0.190 102.862 0.246
201706 0.280 103.349 0.360
201709 0.130 104.136 0.166
201712 0.520 104.011 0.665
201803 0.350 105.290 0.442
201806 0.340 106.317 0.425
201809 0.170 106.507 0.212
201812 0.440 105.998 0.552
201903 0.340 107.251 0.422
201906 0.580 108.070 0.714
201909 0.270 108.329 0.332
201912 0.480 108.420 0.589
202003 0.070 108.902 0.086
202006 0.280 108.767 0.342
202009 0.720 109.815 0.872
202012 0.680 109.897 0.823
202103 0.600 111.754 0.714
202106 0.610 114.631 0.708
202109 0.540 115.734 0.621
202112 0.900 117.630 1.018
202203 1.370 121.301 1.502
202206 -0.550 125.017 -0.585
202209 1.240 125.227 1.317
202212 0.170 125.222 0.181
202303 0.560 127.348 0.585
202306 0.550 128.729 0.568
202309 0.640 129.860 0.656
202312 0.490 129.419 0.504
202403 11.610 131.776 11.720
202406 0.510 132.554 0.512
202409 0.650 133.029 0.650

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


Ball  (NYSE:BALL) 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.

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

Shiller PE Ratio=Share Price/E10
=58.24/3.06
=19.03

* 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 Ball was 70.62. The lowest was 18.66. And the median was 32.70.


Be Aware

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


Ball E10 Related Terms

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


Ball Business Description

Address
9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the US defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports three segments—beverage packaging, North and Central America (43% of 2023 revenue), beverage packaging, EMEA (24%), beverage packaging, South America (14%)—and it generated $14 billion in revenue in 2023.
Executives
Daniel William Fisher officer: Sr VP & COO Global Bev Pkg 2526 SPRUCE MEADOWS DRIVE, BROOMFIELD CO 80023
Pedro Henrique Mariani director 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021
Ronald J. Lewis officer: SR VP & COO C/O COCA-COLA ENTERPRISES, 2500 WINDY RIDGE PARKWAY, NW, 14TH FLOOR, ATLANTA GA 30339
Howard H Yu officer: E.V.P and C.F.O 250 S. KRAEMER BLVD., BREA CA 92821
Hannah S. Lim officer: SVP, CLO & CORP SEC 2135 WEST MAPLE ROAD, TROY MI 48084
Deron Goodwin officer: Vice President & Treasurer 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
David A Kaufman officer: President, Ball Aerospace 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
John A Hayes officer: VP, CORP STR, MKTG & PROD DEV C/O BALL CORP, 10 LONGS PEAK DR, BROOMFIELD CO 80021-2510
Cynthia Niekamp director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Betty J. Sapp director C/O BALL CORPORATION, 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
Stacey J. Panayiotou officer: SVP and CHRO 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Nate C Carey officer: Vice President & Controller 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021
Dune Ives director 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Michael J Cave director C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004
Georgia R Nelson director C/O TOWER AUTOMOTIVE INC, 27175 HAGGERTY ROAD, NOVI MI 48377-3626