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Express Scripts Holding Co (FRA:4XS) E10 : €3.20 (As of Sep. 2018)


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What is Express Scripts Holding Co 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.

Express Scripts Holding Co's adjusted earnings per share data for the three months ended in Sep. 2018 was €1.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.20 for the trailing ten years ended in Sep. 2018.

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 (2024-05-25), Express Scripts Holding Co's current stock price is €81.49. Express Scripts Holding Co's E10 for the quarter that ended in Sep. 2018 was €3.20. Express Scripts Holding Co's Shiller PE Ratio of today is 25.47.


Express Scripts Holding Co E10 Historical Data

The historical data trend for Express Scripts Holding 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.

Express Scripts Holding Co E10 Chart

Express Scripts Holding Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.52 1.94 2.48 2.78

Express Scripts Holding Co Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 2.47 2.78 2.77 3.04 3.20

Competitive Comparison of Express Scripts Holding Co's E10

For the Healthcare Plans subindustry, Express Scripts Holding 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.


Express Scripts Holding Co's Shiller PE Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Express Scripts Holding Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Express Scripts Holding Co's Shiller PE Ratio falls into.



Express Scripts Holding 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, Express Scripts Holding Co's adjusted earnings per share data for the three months ended in Sep. 2018 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=1.62/106.5067*106.5067
=1.620

Current CPI (Sep. 2018) = 106.5067.

Express Scripts Holding Co Quarterly Data

per share eps CPI Adj_EPS
200812 0.307 88.697 0.369
200903 0.329 89.744 0.390
200906 0.264 91.003 0.309
200909 0.247 91.120 0.289
200912 0.281 91.111 0.328
201003 0.346 91.821 0.401
201006 0.434 91.962 0.503
201009 0.427 92.162 0.493
201012 0.461 92.474 0.531
201103 0.435 94.283 0.491
201106 0.458 95.235 0.512
201109 0.480 95.727 0.534
201112 0.456 95.213 0.510
201203 0.416 96.783 0.458
201206 0.143 96.819 0.157
201209 0.365 97.633 0.398
201212 0.480 96.871 0.528
201303 0.347 98.209 0.376
201306 0.500 98.518 0.541
201309 0.389 98.790 0.419
201312 0.460 98.326 0.498
201403 0.304 99.695 0.325
201406 0.493 100.560 0.522
201409 0.605 100.428 0.642
201412 0.633 99.070 0.681
201503 0.554 99.621 0.592
201506 0.784 100.684 0.829
201509 0.864 100.392 0.917
201512 1.037 99.792 1.107
201603 0.727 100.470 0.771
201606 1.006 101.688 1.054
201609 1.025 101.861 1.072
201612 2.180 101.863 2.279
201703 0.841 102.862 0.871
201706 1.219 103.349 1.256
201709 1.225 104.136 1.253
201712 3.397 104.011 3.479
201803 0.892 105.290 0.902
201806 1.327 106.317 1.329
201809 1.620 106.507 1.620

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


Express Scripts Holding Co  (FRA:4XS) 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.

Express Scripts Holding Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=81.49/3.2
=25.47

* 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.


Be Aware

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


Express Scripts Holding Co E10 Related Terms

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


Express Scripts Holding Co (FRA:4XS) Business Description

Traded in Other Exchanges
N/A
Address
Express Scripts is the largest pharmacy benefit manager in the United States. Through its mail-order pharmacy and network of retail pharmacies, Express Scripts processes approximately 1.3 billion adjusted prescriptions annually for its payer clients.

Express Scripts Holding Co (FRA:4XS) Headlines

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