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HealthEquity (FRA:2HE) E10 : €0.51 (As of Apr. 2025)


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What is HealthEquity 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.

HealthEquity's adjusted earnings per share data for the three months ended in Apr. 2025 was €0.543. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.51 for the trailing ten years ended in Apr. 2025.

During the past 12 months, HealthEquity's average E10 Growth Rate was 26.10% 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.

As of today (2025-07-12), HealthEquity's current stock price is €82.50. HealthEquity's E10 for the quarter that ended in Apr. 2025 was €0.51. HealthEquity's Shiller PE Ratio of today is 161.76.

During the past 13 years, the highest Shiller PE Ratio of HealthEquity was 310.92. The lowest was 145.24. And the median was 201.84.


HealthEquity E10 Historical Data

The historical data trend for HealthEquity'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.

HealthEquity E10 Chart

HealthEquity Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.21 0.40 0.50

HealthEquity Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 0.43 0.45 0.45 0.50 0.51

Competitive Comparison of HealthEquity's E10

For the Health Information Services subindustry, HealthEquity'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.


HealthEquity's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HealthEquity's Shiller PE Ratio distribution charts can be found below:

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


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HealthEquity 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, HealthEquity's adjusted earnings per share data for the three months ended in Apr. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=0.543/135.3468*135.3468
=0.543

Current CPI (Apr. 2025) = 135.3468.

HealthEquity Quarterly Data

per share eps CPI Adj_EPS
201507 0.073 100.691 0.098
201510 0.062 100.346 0.084
201601 0.046 99.957 0.062
201604 0.123 100.947 0.165
201607 0.127 101.524 0.169
201610 0.091 101.988 0.121
201701 0.066 102.456 0.087
201704 0.215 103.167 0.282
201707 0.234 103.278 0.307
201710 0.145 104.070 0.189
201801 0.074 104.578 0.096
201804 0.293 105.708 0.375
201807 0.308 106.324 0.392
201810 0.217 106.695 0.275
201901 0.184 106.200 0.234
201904 0.579 107.818 0.727
201907 0.268 108.250 0.335
201910 -0.271 108.577 -0.338
202001 -0.002 108.841 -0.002
202004 0.028 108.173 0.035
202007 -0.002 109.318 -0.002
202010 0.017 109.861 0.021
202101 0.057 110.364 0.070
202104 -0.025 112.673 -0.030
202107 -0.042 115.183 -0.049
202110 -0.052 116.696 -0.060
202201 -0.345 118.619 -0.394
202204 -0.148 121.978 -0.164
202207 -0.128 125.002 -0.139
202210 -0.020 125.734 -0.022
202301 -0.002 126.223 -0.002
202304 0.046 127.992 0.049
202307 0.108 128.974 0.113
202310 0.161 129.810 0.168
202401 0.275 130.124 0.286
202404 0.308 132.289 0.315
202407 0.369 132.708 0.376
202410 0.055 133.182 0.056
202501 0.290 134.029 0.293
202504 0.543 135.347 0.543

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


HealthEquity  (FRA:2HE) 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.

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

Shiller PE Ratio=Share Price/E10
=82.50/0.51
=161.76

* 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 HealthEquity was 310.92. The lowest was 145.24. And the median was 201.84.


Be Aware

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


HealthEquity E10 Related Terms

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


HealthEquity Business Description

Traded in Other Exchanges
Address
15 West Scenic Pointe Drive, Suite 100, Draper, UT, USA, 84020
HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. It provides payment processing services, personalized benefit information, the ability to earn wellness incentives, and investment advice to grow their tax-advantaged healthcare savings. It manages consumers' tax-advantaged health savings accounts (HSAs) and other consumer-directed benefits (CDBs) offered by employers, including flexible spending accounts and health reimbursement arrangements (FSAs and HRAs), and administers Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. It also provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.

HealthEquity Headlines

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