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Alphabet (BSP:GOGL34) E10 : R$0.00 (As of Mar. 2024)


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What is Alphabet E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Alphabet's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.784. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alphabet's average E10 Growth Rate was 21.00% per year. During the past 3 years, the average E10 Growth Rate was 27.20% per year. During the past 5 years, the average E10 Growth Rate was 24.60% per year. During the past 10 years, the average E10 Growth Rate was 20.00% 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 Alphabet was 27.20% per year. The lowest was 14.50% per year. And the median was 19.00% per year.

As of today (2024-04-29), Alphabet's current stock price is R$73.16. Alphabet's E10 for the quarter that ended in Mar. 2024 was R$0.00. Alphabet's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Alphabet was 78.26. The lowest was 33.34. And the median was 51.22.


Alphabet E10 Historical Data

The historical data trend for Alphabet'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.

Alphabet E10 Chart

Alphabet 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 0.44 0.66 0.99 1.17 1.28

Alphabet Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.16 1.16 1.28 1.28 -

Competitive Comparison of Alphabet's E10

For the Internet Content & Information subindustry, Alphabet'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.


Alphabet's Shiller PE Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Alphabet's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.784/129.4194*129.4194
=0.784

Current CPI (Mar. 2024) = 129.4194.

Alphabet Quarterly Data

per share eps CPI Adj_EPS
201406 0.045 100.560 0.058
201409 0.039 100.428 0.050
201412 0.076 99.070 0.099
201503 0.067 99.621 0.087
201506 0.064 100.684 0.082
201509 0.093 100.392 0.120
201512 0.114 99.792 0.148
201603 0.093 100.470 0.120
201606 0.100 101.688 0.127
201609 0.098 101.861 0.125
201612 0.106 101.863 0.135
201703 0.101 102.862 0.127
201706 0.069 103.349 0.086
201709 0.125 104.136 0.155
201712 -0.060 104.011 -0.075
201803 0.182 105.290 0.224
201806 0.071 106.317 0.086
201809 0.224 106.507 0.272
201812 0.207 105.998 0.253
201903 0.152 107.251 0.183
201906 0.228 108.070 0.273
201909 0.174 108.329 0.208
201912 0.263 108.420 0.314
202003 0.201 108.902 0.239
202006 0.219 108.767 0.261
202009 0.369 109.815 0.435
202012 0.478 109.897 0.563
202103 0.617 111.754 0.715
202106 0.570 114.631 0.644
202109 0.616 115.734 0.689
202112 0.723 117.630 0.795
202203 0.510 121.301 0.544
202206 0.509 125.017 0.527
202209 0.463 125.227 0.479
202212 0.459 125.222 0.474
202303 0.508 127.348 0.516
202306 0.582 128.729 0.585
202309 0.638 129.860 0.636
202312 0.670 129.419 0.670
202403 0.784 129.419 0.784

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


Alphabet  (BSP:GOGL34) 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.

During the past 13 years, the highest Shiller P/E Ratio of Alphabet was 78.26. The lowest was 33.34. And the median was 51.22.


Be Aware

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


Alphabet E10 Related Terms

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


Alphabet (BSP:GOGL34) Business Description

Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.

Alphabet (BSP:GOGL34) Headlines

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