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The Walt Disney Co (The Walt Disney Co) E10

: $4.72 (As of Dec. 2023)
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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.

The Walt Disney Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The Walt Disney Co's average E10 Growth Rate was -3.10% per year. During the past 3 years, the average E10 Growth Rate was 0.60% per year. During the past 5 years, the average E10 Growth Rate was 0.80% per year. During the past 10 years, the average E10 Growth Rate was 8.00% 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 The Walt Disney Co was 26.00% per year. The lowest was -0.80% per year. And the median was 14.30% per year.

As of today (2024-04-19), The Walt Disney Co's current stock price is $112.61. The Walt Disney Co's E10 for the quarter that ended in Dec. 2023 was $4.72. The Walt Disney Co's Shiller PE Ratio of today is 23.86.

During the past 13 years, the highest Shiller PE Ratio of The Walt Disney Co was 42.77. The lowest was 16.63. And the median was 28.67.


The Walt Disney Co E10 Historical Data

The historical data trend for The Walt Disney Co'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 5.02 [6] => 4.69 [7] => 4.74 [8] => 4.90 [9] => 4.77 )
The Walt Disney Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.02 4.69 4.74 4.90 4.77

The Walt Disney Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 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 Premium Member Only Premium Member Only Premium Member Only 4.87 4.92 4.81 4.77 4.72

Competitive Comparison

For the Entertainment subindustry, The Walt Disney Co'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.


The Walt Disney Co Shiller PE Ratio Distribution

For the Media - Diversified industry and Communication Services sector, The Walt Disney Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where The Walt Disney Co's Shiller PE Ratio falls into.



The Walt Disney Co 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, The Walt Disney Co'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)
=1.04/129.4194*129.4194
=1.040

Current CPI (Dec. 2023) = 129.4194.

The Walt Disney Co Quarterly Data

per share eps CPI Adj_EPS
201403 1.080 99.695 1.402
201406 1.280 100.560 1.647
201409 0.860 100.428 1.108
201412 1.270 99.070 1.659
201503 1.230 99.621 1.598
201506 1.450 100.684 1.864
201509 0.950 100.392 1.225
201512 1.730 99.792 2.244
201603 1.300 100.470 1.675
201606 1.590 101.688 2.024
201609 1.100 101.861 1.398
201612 1.550 101.863 1.969
201703 1.500 102.862 1.887
201706 1.510 103.349 1.891
201709 1.130 104.136 1.404
201712 2.910 104.011 3.621
201803 1.950 105.290 2.397
201806 1.950 106.317 2.374
201809 1.550 106.507 1.883
201812 1.860 105.998 2.271
201903 3.550 107.251 4.284
201906 0.970 108.070 1.162
201909 0.580 108.329 0.693
201912 1.160 108.420 1.385
202003 0.250 108.902 0.297
202006 -2.610 108.767 -3.106
202009 -0.390 109.815 -0.460
202012 0.010 109.897 0.012
202103 0.490 111.754 0.567
202106 0.500 114.631 0.565
202109 0.090 115.734 0.101
202112 0.600 117.630 0.660
202203 0.260 121.301 0.277
202206 0.770 125.017 0.797
202209 0.090 125.227 0.093
202212 0.700 125.222 0.723
202303 0.690 127.348 0.701
202306 -0.250 128.729 -0.251
202309 0.140 129.860 0.140
202312 1.040 129.419 1.040

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


The Walt Disney Co  (NYSE:DIS) 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.

The Walt Disney Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=112.61/4.72
=23.86

* 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 The Walt Disney Co was 42.77. The lowest was 16.63. And the median was 28.67.


Be Aware

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


The Walt Disney Co E10 Related Terms

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


The Walt Disney Co (The Walt Disney Co) Business Description

Address
500 South Buena Vista Street, Burbank, CA, USA, 91521
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from franchises and characters the firm has created over the course of a century. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses ESPN and the ESPN+ streaming service. Experiences contains Disney's theme parks and vacation destinations, and also benefits from merchandise licensing.
Executives
Sonia L Coleman officer: Sr. EVP and Chief HR Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Brent Woodford officer: EVP, Control, Fin Plan & Tax 1441 GARDINER LANE, LOUISVILLE KY 40213
Amy Chang director 2100 SEAPORT BLVD., C/O INFORMATICA CORPORATION, REDWOOD CITY CA 94063
Kevin A Lansberry officer: Interim Chief Finan Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Christine M Mccarthy officer: SEVP-Chief Financial Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0964
Carolyn Everson director C/O THE HERTZ CORPORATION, 225 BRAE BOULEVARD, PARK RIDGE NJ 07656-0713
Kristina K Schake officer: Sr. EVP and Chief Comm Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Horacio E Gutierrez officer: Sr EVP, General Counsel & Secy 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Geoff Morrell officer: SEVP Chf Corp Affairs Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Robert A Chapek officer: Chief Executive Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Paul J Richardson officer: Sr. EVP and Chief HR Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Calvin Mcdonald director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Robert A Iger director, officer: Chairman and CEO C/O WALT DISNEY CO, 500 S BUENA VISTA STREET, BURBANK CA 91521-1062
Zenia B. Mucha officer: SEVP Corporate Communications 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Mary Jayne Parker officer: SEVP and Chief HR Officer 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521-0966

The Walt Disney Co (The Walt Disney Co) Headlines