GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » DS Smith PLC (OTCPK:DITHF) » Definitions » E10

DS Smith (DS Smith) E10 : $0.33 (As of Oct. 2023)


View and export this data going back to 2012. Start your Free Trial

What is DS Smith 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.

DS Smith's adjusted earnings per share data for the fiscal year that ended in Apr. 2023 was $0.452. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.33 for the trailing ten years ended in Apr. 2023.

During the past 3 years, the average E10 Growth Rate was 13.00% per year. During the past 5 years, the average E10 Growth Rate was 15.10% per year. During the past 10 years, the average E10 Growth Rate was 19.40% 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 DS Smith was 26.00% per year. The lowest was -20.60% per year. And the median was 7.70% per year.

As of today (2024-04-27), DS Smith's current stock price is $ 5.25. DS Smith's E10 for the fiscal year that ended in Apr. 2023 was $0.33. DS Smith's Shiller PE Ratio of today is 15.91.

During the past 13 years, the highest Shiller PE Ratio of DS Smith was 69.62. The lowest was 10.14. And the median was 31.32.


DS Smith E10 Historical Data

The historical data trend for DS Smith'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.

DS Smith E10 Chart

DS Smith Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.20 0.26 0.25 0.33

DS Smith Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - 0.25 - 0.33 -

Competitive Comparison of DS Smith's E10

For the Packaging & Containers subindustry, DS Smith'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.


DS Smith's Shiller PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, DS Smith's Shiller PE Ratio distribution charts can be found below:

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



DS Smith 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, DS Smith's adjusted earnings per share data for the fiscal year that ended in Apr. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Apr. 2023 (Change)*Current CPI (Apr. 2023)
=0.452/128.3000*128.3000
=0.452

Current CPI (Apr. 2023) = 128.3000.

DS Smith Annual Data

per_share_eps CPI Adj_EPS
201404 0.232 99.600 0.299
201504 0.228 99.900 0.293
201604 0.233 100.600 0.297
201704 0.259 103.200 0.322
201804 0.325 105.500 0.395
201904 0.268 107.600 0.320
202004 0.475 108.600 0.561
202104 0.195 110.400 0.227
202204 0.263 119.000 0.284
202304 0.452 128.300 0.452

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


DS Smith  (OTCPK:DITHF) 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.

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

Shiller PE Ratio=Share Price/E10
=5.25/0.33
=15.91

* 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 DS Smith was 69.62. The lowest was 10.14. And the median was 31.32.


Be Aware

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


DS Smith E10 Related Terms

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


DS Smith (DS Smith) Business Description

Traded in Other Exchanges
Address
1 Paddington Square, Level 3, London, GBR, W2 1DL
DS Smith PLC manufactures and sells packaging and packaging-related products. The company produces corrugated boards made from recycled paper materials. The firm organizes itself into four segments. The segments are based on geography: U.K., Western Europe, DCH and Northern Europe, and Central Europe and Italy. The Western Europe and Central Europe and Italy segments generate more revenue than any other segment.

DS Smith (DS Smith) Headlines