GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zebra Technologies Corp (BSP:Z1BR34) » Definitions » E10

Zebra Technologies (BSP:Z1BR34) E10 : R$1.18 (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Zebra Technologies 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.

Zebra Technologies's adjusted earnings per share data for the three months ended in Sep. 2024 was R$0.487. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.18 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Zebra Technologies's average E10 Growth Rate was 9.30% 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 31.70% per year. During the past 10 years, the average E10 Growth Rate was 19.60% 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 Zebra Technologies was 70.30% per year. The lowest was -25.60% per year. And the median was 14.65% per year.

As of today (2024-12-15), Zebra Technologies's current stock price is R$81.00. Zebra Technologies's E10 for the quarter that ended in Sep. 2024 was R$1.18. Zebra Technologies's Shiller PE Ratio of today is 68.64.

During the past 13 years, the highest Shiller PE Ratio of Zebra Technologies was 220.52. The lowest was 33.92. And the median was 92.91.


Zebra Technologies E10 Historical Data

The historical data trend for Zebra Technologies'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.

Zebra Technologies E10 Chart

Zebra Technologies 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 - 0.56 0.88 0.97 0.93

Zebra Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.96 0.93 0.97 1.11 1.18

Competitive Comparison of Zebra Technologies's E10

For the Communication Equipment subindustry, Zebra Technologies'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.


Zebra Technologies's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zebra Technologies's Shiller PE Ratio distribution charts can be found below:

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



Zebra Technologies 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, Zebra Technologies's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.487/133.0289*133.0289
=0.487

Current CPI (Sep. 2024) = 133.0289.

Zebra Technologies Quarterly Data

per share eps CPI Adj_EPS
201412 -0.090 99.070 -0.121
201503 -0.052 99.621 -0.069
201506 -0.156 100.684 -0.206
201509 -0.074 100.392 -0.098
201512 -0.017 99.792 -0.023
201603 -0.062 100.470 -0.082
201606 -0.100 101.688 -0.131
201609 -0.175 101.861 -0.229
201612 0.038 101.863 0.050
201703 0.017 102.862 0.022
201706 0.035 103.349 0.045
201709 -0.024 104.136 -0.031
201712 0.008 104.011 0.010
201803 0.220 105.290 0.278
201806 0.162 106.317 0.203
201809 0.320 106.507 0.400
201812 0.273 105.998 0.343
201903 0.271 107.251 0.336
201906 0.290 108.070 0.357
201909 0.343 108.329 0.421
201912 0.424 108.420 0.520
202003 0.269 108.902 0.329
202006 0.320 108.767 0.391
202009 0.389 109.815 0.471
202012 0.635 109.897 0.769
202103 0.793 111.754 0.944
202106 0.682 114.631 0.791
202109 0.649 115.734 0.746
202112 0.669 117.630 0.757
202203 0.635 121.301 0.696
202206 -0.315 125.017 -0.335
202209 0.570 125.227 0.606
202212 0.624 125.222 0.663
202303 0.503 127.348 0.525
202306 0.450 128.729 0.465
202309 -0.046 129.860 -0.047
202312 0.051 129.419 0.052
202403 0.370 131.776 0.374
202406 0.390 132.554 0.391
202409 0.487 133.029 0.487

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


Zebra Technologies  (BSP:Z1BR34) 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.

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

Shiller PE Ratio=Share Price/E10
=81.00/1.18
=68.64

* 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 Zebra Technologies was 220.52. The lowest was 33.92. And the median was 92.91.


Be Aware

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


Zebra Technologies E10 Related Terms

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


Zebra Technologies Business Description

Address
3 Overlook Point, Lincolnshire, IL, USA, 60069
Zebra Technologies is a leading provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.

Zebra Technologies Headlines

No Headlines