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Exelon (Exelon) E10 : $2.73 (As of Dec. 2023)


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What is Exelon 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.

Exelon's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.618. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Exelon's average E10 Growth Rate was 2.20% per year. During the past 3 years, the average E10 Growth Rate was 1.90% per year. During the past 5 years, the average E10 Growth Rate was -1.50% per year. During the past 10 years, the average E10 Growth Rate was -2.60% 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 Exelon was 28.40% per year. The lowest was -18.50% per year. And the median was 1.90% per year.

As of today (2024-04-25), Exelon's current stock price is $37.77. Exelon's E10 for the quarter that ended in Dec. 2023 was $2.73. Exelon's Shiller PE Ratio of today is 13.84.

During the past 13 years, the highest Shiller PE Ratio of Exelon was 19.51. The lowest was 5.82. And the median was 9.77.


Exelon E10 Historical Data

The historical data trend for Exelon'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.

Exelon E10 Chart

Exelon 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 2.80 2.58 2.47 2.67 2.73

Exelon 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 2.67 2.78 2.77 2.75 2.73

Competitive Comparison of Exelon's E10

For the Utilities - Regulated Electric subindustry, Exelon'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.


Exelon's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Exelon's Shiller PE Ratio distribution charts can be found below:

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



Exelon 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, Exelon'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)
=0.618/129.4194*129.4194
=0.618

Current CPI (Dec. 2023) = 129.4194.

Exelon Quarterly Data

per share eps CPI Adj_EPS
201403 0.100 99.695 0.130
201406 0.600 100.560 0.772
201409 1.150 100.428 1.482
201412 0.020 99.070 0.026
201503 0.800 99.621 1.039
201506 0.740 100.684 0.951
201509 0.690 100.392 0.890
201512 0.330 99.792 0.428
201603 0.190 100.470 0.245
201606 0.290 101.688 0.369
201609 0.530 101.861 0.673
201612 0.220 101.863 0.280
201703 1.060 102.862 1.334
201706 0.100 103.349 0.125
201709 0.850 104.136 1.056
201712 1.940 104.011 2.414
201803 0.600 105.290 0.738
201806 0.560 106.317 0.682
201809 0.760 106.507 0.923
201812 0.160 105.998 0.195
201903 0.930 107.251 1.122
201906 0.500 108.070 0.599
201909 0.790 108.329 0.944
201912 0.790 108.420 0.943
202003 0.600 108.902 0.713
202006 0.530 108.767 0.631
202009 0.510 109.815 0.601
202012 0.370 109.897 0.436
202103 -0.300 111.754 -0.347
202106 0.410 114.631 0.463
202109 1.230 115.734 1.375
202112 0.400 117.630 0.440
202203 0.610 121.301 0.651
202206 0.470 125.017 0.487
202209 0.680 125.227 0.703
202212 0.430 125.222 0.444
202303 0.670 127.348 0.681
202306 0.340 128.729 0.342
202309 0.700 129.860 0.698
202312 0.618 129.419 0.618

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


Exelon  (NAS:EXC) 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.

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

Shiller PE Ratio=Share Price/E10
=37.77/2.73
=13.84

* 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 Exelon was 19.51. The lowest was 5.82. And the median was 9.77.


Be Aware

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


Exelon E10 Related Terms

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


Exelon (Exelon) Business Description

Address
10 South Dearborn Street, 54th Floor, P.O. Box 805379, Chicago, IL, USA, 60680-5379
Exelon serves approximately 10 million power and gas customers at its six regulated utilities in Illinois, Pennsylvania, Maryland, New Jersey, Delaware, and Washington, D.C.
Executives
Anna Richo director AMGEN INC., ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
Robert A Kleczynski officer: SVP & Corp Controller 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Matthew C Rogers director 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Charisse R Lillie director 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Carim V Khouzami officer: CEO of BGE 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Jeanne M Jones officer: EVP & CFO 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
John Tyler Anthony officer: CEO Pepco Holdings LLC 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Trpik Joseph R Jr officer: SVP & Corp. Controller 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
William P Bowers director 600 NORTH 18TH STREET, BIN 15N-8170, BIRMINGHAM AL 35203
Gayle Littleton officer: EVP & General Counsel 10 S. DEARBORN ST., 52ND FLOOR SE, CHICAGO IL 60603
Calvin Jr Butler officer: Sr EVP & CEO Exelon Utilities 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
James Mchugh officer: EVP & Chief Commercial Officer 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Joseph Dominguez officer: CEO, ComEd 10 SOUTH DEARBORN STREET, CHICAGO IL 60603
Joseph Nigro officer: Sr. EVP & Chief Fin. Officer 10 S. DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Christopher M. Crane director, officer: President and CEO 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603