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CCO (Clear Channel Outdoor Holdings) E10 : $-0.78 (As of Mar. 2025)


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What is Clear Channel Outdoor Holdings 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.

Clear Channel Outdoor Holdings's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.78 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average E10 Growth Rate was -5.60% per year. During the past 5 years, the average E10 Growth Rate was -12.70% per year. During the past 10 years, the average E10 Growth Rate was 6.20% 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 Clear Channel Outdoor Holdings was 29.50% per year. The lowest was -16.80% per year. And the median was -3.20% per year.

As of today (2025-07-14), Clear Channel Outdoor Holdings's current stock price is $1.25. Clear Channel Outdoor Holdings's E10 for the quarter that ended in Mar. 2025 was $-0.78. Clear Channel Outdoor Holdings's Shiller PE Ratio of today is .


Clear Channel Outdoor Holdings E10 Historical Data

The historical data trend for Clear Channel Outdoor Holdings'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.

Clear Channel Outdoor Holdings E10 Chart

Clear Channel Outdoor Holdings 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 -0.52 -0.67 -0.67 -0.73 -0.79

Clear Channel Outdoor Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.73 -0.76 -0.77 -0.79 -0.78

Competitive Comparison of Clear Channel Outdoor Holdings's E10

For the Advertising Agencies subindustry, Clear Channel Outdoor Holdings'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.


Clear Channel Outdoor Holdings's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Clear Channel Outdoor Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Clear Channel Outdoor Holdings's Shiller PE Ratio falls into.


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Clear Channel Outdoor Holdings 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, Clear Channel Outdoor Holdings's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.13/134.9266*134.9266
=0.130

Current CPI (Mar. 2025) = 134.9266.

Clear Channel Outdoor Holdings Quarterly Data

per share eps CPI Adj_EPS
201506 0.004 100.684 0.005
201509 -0.060 100.392 -0.081
201512 -0.120 99.792 -0.162
201603 0.390 100.470 0.524
201606 -0.190 101.688 -0.252
201609 -0.090 101.861 -0.119
201612 0.280 101.863 0.371
201703 -0.080 102.862 -0.105
201706 -0.020 103.349 -0.026
201709 -0.180 104.136 -0.233
201712 -1.500 104.011 -1.946
201803 -0.360 105.290 -0.461
201806 -0.140 106.317 -0.178
201809 -0.180 106.507 -0.228
201812 0.070 105.998 0.089
201903 -0.450 107.251 -0.566
201906 -0.030 108.070 -0.037
201909 -0.460 108.329 -0.573
201912 0.058 108.420 0.072
202003 -0.600 108.902 -0.743
202006 -0.300 108.767 -0.372
202009 -0.290 109.815 -0.356
202012 -0.069 109.897 -0.085
202103 -0.710 111.754 -0.857
202106 -0.270 114.631 -0.318
202109 -0.090 115.734 -0.105
202112 0.131 117.630 0.150
202203 -0.190 121.301 -0.211
202206 -0.140 125.017 -0.151
202209 -0.080 125.227 -0.086
202212 0.205 125.222 0.221
202303 -0.070 127.348 -0.074
202306 -0.080 128.729 -0.084
202309 -0.550 129.860 -0.571
202312 0.050 129.419 0.052
202403 -0.190 131.776 -0.195
202406 -0.080 132.554 -0.081
202409 -0.070 133.029 -0.071
202412 -0.037 133.157 -0.037
202503 0.130 134.927 0.130

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


Clear Channel Outdoor Holdings  (NYSE:CCO) 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.


Be Aware

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


Clear Channel Outdoor Holdings E10 Related Terms

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


Clear Channel Outdoor Holdings Business Description

Traded in Other Exchanges
Address
4830 North Loop 1604 West, Suite 111, San Antonio, TX, USA, 78249
Clear Channel Outdoor Holdings Inc is a provider of out-of-home advertising solutions. The company offers advertisers an opportunity to reach mass audiences across various high-traffic public spaces, by using its diverse portfolio of assets including roadside billboards, street furniture, and airport displays. Its reportable segments are; America (U.S. operations excluding airports), Airports (U.S. and Caribbean airport operations), and Other. A majority of its revenue is generated from the America segment which generates revenue from the sale of advertising on printed and digital out-of-home advertising displays such as bulletins, posters, street furniture, and others. Geographically, the company generates maximum revenue from the United States followed by Singapore.
Executives
Scott Wells officer: See Remarks C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
W Benjamin Moreland director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Ares Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii A (de) Holdings I, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Holdings I, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Justin Cochrane officer: CEO, UK & Europe 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Assf Iv Aiv B Holdings Iii, L.p. 10 percent owner 2000 AVE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Assf Iv Aiv B, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Acof Vi Holdings, L.p. 10 percent owner C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp 10 percent owner 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Holdings L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FL, LOS ANGELES CA 90067
Ares Partners Holdco Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Gp Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdco Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067

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