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Copart (BSP:C1PR34) E10 : R$2.69 (As of Jan. 2025)


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What is Copart 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.

Copart's adjusted earnings per share data for the three months ended in Jan. 2025 was R$1.202. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$2.69 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Copart's average E10 Growth Rate was 17.90% per year. During the past 3 years, the average E10 Growth Rate was 22.70% per year. During the past 5 years, the average E10 Growth Rate was 24.80% per year. During the past 10 years, the average E10 Growth Rate was 21.80% 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 Copart was 26.70% per year. The lowest was 11.90% per year. And the median was 19.50% per year.

As of today (2025-04-03), Copart's current stock price is R$164.30. Copart's E10 for the quarter that ended in Jan. 2025 was R$2.69. Copart's Shiller PE Ratio of today is 61.08.

During the past 13 years, the highest Shiller PE Ratio of Copart was 87.50. The lowest was 27.65. And the median was 58.77.


Copart E10 Historical Data

The historical data trend for Copart'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.

Copart E10 Chart

Copart Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 1.11 1.40 1.78 2.34

Copart Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 1.94 2.16 2.34 2.60 2.69

Competitive Comparison of Copart's E10

For the Specialty Business Services subindustry, Copart'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.


Copart's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Copart's Shiller PE Ratio distribution charts can be found below:

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


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Copart 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, Copart's adjusted earnings per share data for the three months ended in Jan. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=1.202/134.0288*134.0288
=1.202

Current CPI (Jan. 2025) = 134.0288.

Copart Quarterly Data

per share eps CPI Adj_EPS
201504 0.084 99.824 0.113
201507 0.089 100.691 0.118
201510 0.099 100.346 0.132
201601 0.119 99.957 0.160
201604 0.143 100.947 0.190
201607 0.145 101.524 0.191
201610 0.279 101.988 0.367
201701 0.112 102.456 0.147
201704 0.149 103.167 0.194
201707 0.120 103.278 0.156
201710 0.128 104.070 0.165
201801 0.173 104.578 0.222
201804 0.222 105.708 0.281
201807 0.215 106.324 0.271
201810 0.221 106.695 0.278
201901 0.257 106.200 0.324
201904 0.395 107.818 0.491
201907 0.302 108.250 0.374
201910 0.464 108.577 0.573
202001 0.368 108.841 0.453
202004 0.412 108.173 0.510
202007 0.455 109.318 0.558
202010 0.584 109.861 0.712
202101 0.543 110.364 0.659
202104 0.828 112.673 0.985
202107 0.684 115.183 0.796
202110 0.748 116.696 0.859
202201 0.830 118.619 0.938
202204 0.689 121.978 0.757
202207 0.738 125.002 0.791
202210 0.657 125.734 0.700
202301 0.779 126.223 0.827
202304 0.904 127.992 0.947
202307 0.864 128.974 0.898
202310 0.860 129.810 0.888
202401 0.812 130.124 0.836
202404 1.000 132.289 1.013
202407 0.915 132.708 0.924
202410 1.041 133.182 1.048
202501 1.202 134.029 1.202

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


Copart  (BSP:C1PR34) 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.

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

Shiller PE Ratio=Share Price/E10
=164.30/2.69
=61.08

* 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 Copart was 87.50. The lowest was 27.65. And the median was 58.77.


Be Aware

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


Copart E10 Related Terms

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


Copart Business Description

Traded in Other Exchanges
Address
14185 Dallas Parkway, Suite 300, Dallas, TX, USA, 75254
Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle's final selling price.

Copart Headlines

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