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BDC (Belden) E10 : $1.74 (As of Dec. 2024)


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What is Belden 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.

Belden's adjusted earnings per share data for the three months ended in Dec. 2024 was $1.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.74 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Belden's average E10 Growth Rate was 17.60% per year. During the past 3 years, the average E10 Growth Rate was 17.60% per year. During the past 5 years, the average E10 Growth Rate was 4.40% per year. During the past 10 years, the average E10 Growth Rate was 4.00% 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 Belden was 40.60% per year. The lowest was -110.50% per year. And the median was 7.70% per year.

As of today (2025-03-04), Belden's current stock price is $106.41. Belden's E10 for the quarter that ended in Dec. 2024 was $1.74. Belden's Shiller PE Ratio of today is 61.16.

During the past 13 years, the highest Shiller PE Ratio of Belden was 106.86. The lowest was 16.92. And the median was 57.32.


Belden E10 Historical Data

The historical data trend for Belden'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.

Belden E10 Chart

Belden 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 1.14 1.07 1.17 1.48 1.74

Belden Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.48 1.52 1.61 1.64 1.74

Competitive Comparison of Belden's E10

For the Communication Equipment subindustry, Belden'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.


Belden's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Belden's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.42/133.1571*133.1571
=1.420

Current CPI (Dec. 2024) = 133.1571.

Belden Quarterly Data

per share eps CPI Adj_EPS
201503 -0.460 99.621 -0.615
201506 0.500 100.684 0.661
201509 0.340 100.392 0.451
201512 1.170 99.792 1.561
201603 0.390 100.470 0.517
201606 0.990 101.688 1.296
201609 0.690 101.861 0.902
201612 0.590 101.863 0.771
201703 0.400 102.862 0.518
201706 0.640 103.349 0.825
201709 -0.180 104.136 -0.230
201712 0.510 104.011 0.653
201803 -0.150 105.290 -0.190
201806 0.490 106.317 0.614
201809 1.800 106.507 2.250
201812 0.870 105.998 1.093
201903 0.420 107.251 0.521
201906 0.840 108.070 1.035
201909 -6.700 108.329 -8.236
201912 -3.240 108.420 -3.979
202003 -0.250 108.902 -0.306
202006 -1.520 108.767 -1.861
202009 0.380 109.815 0.461
202012 0.150 109.897 0.182
202103 0.640 111.754 0.763
202106 0.970 114.631 1.127
202109 0.910 115.734 1.047
202112 -1.110 117.630 -1.257
202203 0.790 121.301 0.867
202206 1.310 125.017 1.395
202209 2.230 125.227 2.371
202212 1.420 125.222 1.510
202303 1.450 127.348 1.516
202306 1.600 128.729 1.655
202309 1.700 129.860 1.743
202312 0.910 129.419 0.936
202403 0.900 131.776 0.909
202406 1.190 132.554 1.195
202409 1.300 133.029 1.301
202412 1.420 133.157 1.420

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


Belden  (NYSE:BDC) 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.

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

Shiller PE Ratio=Share Price/E10
=106.41/1.74
=61.16

* 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 Belden was 106.86. The lowest was 16.92. And the median was 57.32.


Be Aware

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


Belden E10 Related Terms

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


Belden Business Description

Traded in Other Exchanges
Address
1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Smart Infrastructure Solutions and Automation Solutions. Smart Infrastructure Solutions segment is a provider in network infrastructure and broadband solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. Automation Solutions segment provides network infrastructure and digitization solutions to enable customers to make data-based business decisions. It operates in Americas, EMEA and APAC, out of which maximum revenue from Americas.
Executives
Leah Tate officer: SVP - HR C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Doug Zink officer: VP and CAO 739 TRAGO CREEK DRIVE, BALLWIN MO 63021
Brian Edward Anderson officer: SVP, Legal, GC and Corp. Sec. C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Nancy E. Calderon director 1285 WAKEFIELD TRAIL, RENO NV 89523
Brian Lieser officer: EVP, Indust. Automation Solut. C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Jonathan C Klein director 2 CERF LANE, PO BOX 1032, MT. KISCO NY 10549
David J Aldrich director 20 SYLVAN ROAD, WOBURN MA 01801
Ashish Chand officer: EVP, Industrial Automation C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Jay V Wirts officer: EVP, Enterprise Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
Anshuman Mehrotra officer: SVP, Sales C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Roel Vestjens officer: SVP, Broadcast Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Jeremy E Parks officer: SVP - Finance and CFO C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
John S Stroup director, officer: Chief Executive Officer 1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105