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Cintas (BSP:C1TA34) E10 : R$3.22 (As of Feb. 2025)


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What is Cintas 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.

Cintas's adjusted earnings per share data for the three months ended in Feb. 2025 was R$1.303. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$3.22 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Cintas's average E10 Growth Rate was 15.40% per year. During the past 3 years, the average E10 Growth Rate was 19.00% per year. During the past 5 years, the average E10 Growth Rate was 19.50% per year. During the past 10 years, the average E10 Growth Rate was 17.20% 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 Cintas was 20.70% per year. The lowest was 2.20% per year. And the median was 14.90% per year.

As of today (2025-04-01), Cintas's current stock price is R$233.22. Cintas's E10 for the quarter that ended in Feb. 2025 was R$3.22. Cintas's Shiller PE Ratio of today is 72.43.

During the past 13 years, the highest Shiller PE Ratio of Cintas was 85.53. The lowest was 30.76. And the median was 54.25.


Cintas E10 Historical Data

The historical data trend for Cintas'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.

Cintas E10 Chart

Cintas Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 1.71 1.90 2.15 2.62

Cintas Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 2.36 2.62 2.74 3.13 3.22

Competitive Comparison of Cintas's E10

For the Specialty Business Services subindustry, Cintas'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.


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

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

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


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

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=1.303/134.6241*134.6241
=1.303

Current CPI (Feb. 2025) = 134.6241.

Cintas Quarterly Data

per share eps CPI Adj_EPS
201505 0.138 100.333 0.185
201508 0.155 100.548 0.208
201511 0.579 100.135 0.778
201602 0.208 100.040 0.280
201605 0.212 101.355 0.282
201608 0.202 101.617 0.268
201611 0.215 101.829 0.284
201702 0.166 102.779 0.217
201705 0.122 103.256 0.159
201708 0.308 103.587 0.400
201711 0.201 104.072 0.260
201802 0.440 105.052 0.564
201805 0.301 106.148 0.382
201808 0.372 106.383 0.471
201811 0.413 106.338 0.523
201902 0.345 106.649 0.435
201905 0.411 108.048 0.512
201908 0.467 108.245 0.581
201911 0.472 108.519 0.586
202002 0.469 109.139 0.579
202005 0.381 108.175 0.474
202008 0.760 109.662 0.933
202011 0.714 109.793 0.875
202102 0.641 110.968 0.778
202105 0.653 113.576 0.774
202108 0.816 115.421 0.952
202111 0.768 117.269 0.882
202202 0.772 119.703 0.868
202205 0.697 123.323 0.761
202208 0.871 124.958 0.938
202211 0.822 125.607 0.881
202302 0.813 126.928 0.862
202305 0.829 128.314 0.870
202308 0.912 129.538 0.948
202311 0.882 129.548 0.917
202402 0.952 130.930 0.979
202405 1.025 132.509 1.041
202408 1.221 132.816 1.238
202411 1.264 133.110 1.278
202502 1.303 134.624 1.303

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


Cintas  (BSP:C1TA34) 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.

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

Shiller PE Ratio=Share Price/E10
=233.22/3.22
=72.43

* 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 Cintas was 85.53. The lowest was 30.76. And the median was 54.25.


Be Aware

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


Cintas E10 Related Terms

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


Cintas Business Description

Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas has roots tracing back to 1929, during which the Farmer family cleaned and re-sold dirty rags to manufacturing plants in Ohio. The firm has grown its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. In the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid, fire, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.

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