GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wynn Resorts Ltd (BSP:W1YN34) » Definitions » E10

Wynn Resorts (BSP:W1YN34) E10 : R$0.76 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Wynn Resorts 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.

Wynn Resorts's adjusted earnings per share data for the three months ended in Dec. 2023 was R$15.165. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.76 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Wynn Resorts's average E10 Growth Rate was -49.20% per year. During the past 3 years, the average E10 Growth Rate was -50.10% per year. During the past 5 years, the average E10 Growth Rate was -42.70% per year. During the past 10 years, the average E10 Growth Rate was -16.60% 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 Wynn Resorts was 64.40% per year. The lowest was -50.10% per year. And the median was 5.30% per year.

As of today (2024-04-27), Wynn Resorts's current stock price is R$210.54. Wynn Resorts's E10 for the quarter that ended in Dec. 2023 was R$0.76. Wynn Resorts's Shiller PE Ratio of today is 277.03.

During the past 13 years, the highest Shiller PE Ratio of Wynn Resorts was 342.22. The lowest was 11.08. And the median was 41.46.


Wynn Resorts E10 Historical Data

The historical data trend for Wynn Resorts'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.

Wynn Resorts E10 Chart

Wynn Resorts 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 - 6.89 4.20 1.54 0.76

Wynn Resorts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.54 1.00 0.79 -0.03 0.76

Competitive Comparison of Wynn Resorts's E10

For the Resorts & Casinos subindustry, Wynn Resorts'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.


Wynn Resorts's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Wynn Resorts's Shiller PE Ratio distribution charts can be found below:

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



Wynn Resorts 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, Wynn Resorts's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=15.165/129.4194*129.4194
=15.165

Current CPI (Dec. 2023) = 129.4194.

Wynn Resorts Quarterly Data

per share eps CPI Adj_EPS
201403 2.581 99.695 3.351
201406 2.236 100.560 2.878
201409 2.198 100.428 2.833
201412 1.413 99.070 1.846
201503 -0.691 99.621 -0.898
201506 0.871 100.684 1.120
201509 1.854 100.392 2.390
201512 1.669 99.792 2.165
201603 1.368 100.470 1.762
201606 1.181 101.688 1.503
201609 -0.277 101.861 -0.352
201612 1.878 101.863 2.386
201703 1.548 102.862 1.948
201706 1.203 103.349 1.506
201709 1.222 104.136 1.519
201712 7.859 104.011 9.779
201803 -3.263 105.290 -4.011
201806 2.715 106.317 3.305
201809 2.958 106.507 3.594
201812 8.563 105.998 10.455
201903 1.882 107.251 2.271
201906 1.697 108.070 2.032
201909 -0.062 108.329 -0.074
201912 -1.396 108.420 -1.666
202003 -9.210 108.902 -10.945
202006 -15.487 108.767 -18.428
202009 -19.170 109.815 -22.592
202012 -6.508 109.897 -7.664
202103 -7.128 111.754 -8.255
202106 -2.891 114.631 -3.264
202109 -3.827 115.734 -4.280
202112 -4.354 117.630 -4.790
202203 -3.956 121.301 -4.221
202206 -2.877 125.017 -2.978
202209 -3.330 125.227 -3.441
202212 0.761 125.222 0.787
202303 -0.052 127.348 -0.053
202306 2.039 128.729 2.050
202309 -2.543 129.860 -2.534
202312 15.165 129.419 15.165

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


Wynn Resorts  (BSP:W1YN34) 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.

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

Shiller PE Ratio=Share Price/E10
=210.54/0.76
=277.03

* 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 Wynn Resorts was 342.22. The lowest was 11.08. And the median was 41.46.


Be Aware

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


Wynn Resorts E10 Related Terms

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


Wynn Resorts (BSP:W1YN34) Business Description

Address
3131 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to open a new building next to its existing Wynn Palace resort in around 2028. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.

Wynn Resorts (BSP:W1YN34) Headlines

No Headlines