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PulteGroup (BSP:P1HM34) E10 : R$45.42 (As of Dec. 2024)


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What is PulteGroup 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.

PulteGroup's adjusted earnings per share data for the three months ended in Dec. 2024 was R$27.027. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$45.42 for the trailing ten years ended in Dec. 2024.

During the past 12 months, PulteGroup's average E10 Growth Rate was 27.20% per year. During the past 3 years, the average E10 Growth Rate was 23.40% per year. During the past 5 years, the average E10 Growth Rate was 30.40% 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 PulteGroup was 60.20% per year. The lowest was -71.90% per year. And the median was 17.80% per year.

As of today (2025-04-02), PulteGroup's current stock price is R$579.38. PulteGroup's E10 for the quarter that ended in Dec. 2024 was R$45.42. PulteGroup's Shiller PE Ratio of today is 12.76.

During the past 13 years, the highest Shiller PE Ratio of PulteGroup was 141.57. The lowest was 8.20. And the median was 18.58.


PulteGroup E10 Historical Data

The historical data trend for PulteGroup'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.

PulteGroup E10 Chart

PulteGroup 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 14.19 20.98 26.42 24.88 45.42

PulteGroup 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 24.88 24.62 33.70 34.73 45.42

Competitive Comparison of PulteGroup's E10

For the Residential Construction subindustry, PulteGroup'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.


PulteGroup's Shiller PE Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, PulteGroup's Shiller PE Ratio distribution charts can be found below:

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


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PulteGroup 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, PulteGroup'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)
=27.027/133.1571*133.1571
=27.027

Current CPI (Dec. 2024) = 133.1571.

PulteGroup Quarterly Data

per share eps CPI Adj_EPS
201503 0.471 99.621 0.630
201506 0.871 100.684 1.152
201509 1.171 100.392 1.553
201512 2.484 99.792 3.315
201603 0.888 100.470 1.177
201606 1.164 101.688 1.524
201609 1.204 101.861 1.574
201612 2.784 101.863 3.639
201703 0.876 102.862 1.134
201706 1.055 103.349 1.359
201709 1.817 104.136 2.323
201712 0.857 104.011 1.097
201803 1.935 105.290 2.447
201806 4.224 106.317 5.290
201809 4.150 106.507 5.188
201812 3.262 105.998 4.098
201903 2.266 107.251 2.813
201906 3.316 108.070 4.086
201909 4.078 108.329 5.013
201912 5.007 108.420 6.149
202003 3.616 108.902 4.421
202006 6.693 108.767 8.194
202009 8.316 109.815 10.084
202012 8.334 109.897 10.098
202103 6.368 111.754 7.588
202106 9.554 114.631 11.098
202109 9.608 115.734 11.054
202112 14.759 117.630 16.707
202203 9.107 121.301 9.997
202206 13.780 125.017 14.677
202209 14.105 125.227 14.998
202212 20.195 125.222 21.475
202303 12.240 127.348 12.798
202306 15.580 128.729 16.116
202309 14.322 129.860 14.686
202312 16.071 129.419 16.535
202403 15.437 131.776 15.599
202406 20.629 132.554 20.723
202409 18.552 133.029 18.570
202412 27.027 133.157 27.027

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


PulteGroup  (BSP:P1HM34) 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.

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

Shiller PE Ratio=Share Price/E10
=579.38/45.42
=12.76

* 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 PulteGroup was 141.57. The lowest was 8.20. And the median was 18.58.


Be Aware

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


PulteGroup E10 Related Terms

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


PulteGroup Business Description

Traded in Other Exchanges
Address
3350 Peachtree Road NE, Suite 1500, Atlanta, GA, USA, 30326
PulteGroup Inc is a homebuilder in the United States. The company mainly builds single-family detached homes and offers products to entry-level, move-up, and active-adult buyers. It also offers homebuyers mortgage financing, title, and insurance agency services through its financial services segment.

PulteGroup Headlines

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