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Glatfelter (FRA:GLN) E10 : €-0.64 (As of Mar. 2024)


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What is Glatfelter 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.

Glatfelter's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.534. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.64 for the trailing ten years ended in Mar. 2024.

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 Glatfelter was 19.60% per year. The lowest was -33.20% per year. And the median was 4.30% per year.

As of today (2024-05-16), Glatfelter's current stock price is €1.577. Glatfelter's E10 for the quarter that ended in Mar. 2024 was €-0.64. Glatfelter's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Glatfelter was 361.50. The lowest was 9.04. And the median was 18.30.


Glatfelter E10 Historical Data

The historical data trend for Glatfelter'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.

Glatfelter E10 Chart

Glatfelter 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 0.45 0.34 0.31 -0.23 -0.57

Glatfelter Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.29 -0.38 -0.53 -0.57 -0.64

Competitive Comparison of Glatfelter's E10

For the Paper & Paper Products subindustry, Glatfelter'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.


Glatfelter's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Glatfelter's Shiller PE Ratio distribution charts can be found below:

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



Glatfelter 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, Glatfelter's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.534/131.7762*131.7762
=-0.534

Current CPI (Mar. 2024) = 131.7762.

Glatfelter Quarterly Data

per share eps CPI Adj_EPS
201406 0.081 100.560 0.106
201409 0.535 100.428 0.702
201412 0.365 99.070 0.485
201503 0.296 99.621 0.392
201506 0.053 100.684 0.069
201509 0.276 100.392 0.362
201512 0.716 99.792 0.945
201603 0.332 100.470 0.435
201606 0.036 101.688 0.047
201609 0.392 101.861 0.507
201612 -0.351 101.863 -0.454
201703 0.243 102.862 0.311
201706 -0.116 103.349 -0.148
201709 0.227 104.136 0.287
201712 -0.194 104.011 -0.246
201803 0.105 105.290 0.131
201806 -0.146 106.317 -0.181
201809 -1.877 106.507 -2.322
201812 -1.609 105.998 -2.000
201903 0.106 107.251 0.130
201906 0.115 108.070 0.140
201909 0.254 108.329 0.309
201912 -0.909 108.420 -1.105
202003 0.154 108.902 0.186
202006 -0.044 108.767 -0.053
202009 0.127 109.815 0.152
202012 0.173 109.897 0.207
202103 0.160 111.754 0.189
202106 0.025 114.631 0.029
202109 0.145 115.734 0.165
202112 -0.204 117.630 -0.229
202203 -2.197 121.301 -2.387
202206 -0.038 125.017 -0.040
202209 -1.121 125.227 -1.180
202212 -0.717 125.222 -0.755
202303 -0.280 127.348 -0.290
202306 -0.766 128.729 -0.784
202309 -0.403 129.860 -0.409
202312 -0.174 129.419 -0.177
202403 -0.534 131.776 -0.534

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


Glatfelter  (FRA:GLN) 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.

During the past 13 years, the highest Shiller P/E Ratio of Glatfelter was 361.50. The lowest was 9.04. And the median was 18.30.


Be Aware

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


Glatfelter E10 Related Terms

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


Glatfelter (FRA:GLN) Business Description

Traded in Other Exchanges
Address
4350 Congress Street, Suite 600, Charlotte, NC, USA, 28209
Glatfelter Corporation manufactures and sells a variety of paper and fiber products. The company operates through two segments: Composite Fibers and Airlaid Materials. The Composite Fibers segment produces materials used in coffee and tea filtration, wallcovering, consumer product, and fiber-based applications for commercial and industrial use. The Airlaid Materials segment produces materials used in feminine hygiene, specialty wipes, tabletop, home care, and other consumables. The majority of the company's manufacturing facilities are located in North America and Europe, and it has sales and distribution offices in Russia, Italy, China, and the United States. Products are sold worldwide, with most of its revenue coming from Europe, the United States, and Canada.

Glatfelter (FRA:GLN) Headlines

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