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GMS (GMS) E10 : $3.39 (As of Jan. 2025)


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What is GMS 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.

GMS's adjusted earnings per share data for the three months ended in Jan. 2025 was $-0.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.39 for the trailing ten years ended in Jan. 2025.

During the past 12 months, GMS's average E10 Growth Rate was 14.50% 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 (2025-03-14), GMS's current stock price is $72.32. GMS's E10 for the quarter that ended in Jan. 2025 was $3.39. GMS's Shiller PE Ratio of today is 21.33.

During the past 12 years, the highest Shiller PE Ratio of GMS was 33.91. The lowest was 20.76. And the median was 28.19.


GMS E10 Historical Data

The historical data trend for GMS'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.

GMS E10 Chart

GMS Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.07

GMS Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 2.96 3.07 3.24 3.38 3.39

Competitive Comparison of GMS's E10

For the Building Products & Equipment subindustry, GMS'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.


GMS's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, GMS's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=-0.55/134.0288*134.0288
=-0.550

Current CPI (Jan. 2025) = 134.0288.

GMS Quarterly Data

per share eps CPI Adj_EPS
201504 0.093 99.824 0.125
201507 0.075 100.691 0.100
201510 0.071 100.346 0.095
201601 -0.067 99.957 -0.090
201604 0.272 100.947 0.361
201607 0.240 101.524 0.317
201610 0.420 101.988 0.552
201701 0.200 102.456 0.262
201704 0.340 103.167 0.442
201707 0.360 103.278 0.467
201710 0.430 104.070 0.554
201801 0.470 104.578 0.602
201804 0.240 105.708 0.304
201807 0.200 106.324 0.252
201810 0.580 106.695 0.729
201901 0.140 106.200 0.177
201904 0.390 107.818 0.485
201907 0.590 108.250 0.731
201910 0.680 108.577 0.839
202001 0.250 108.841 0.308
202004 -0.980 108.173 -1.214
202007 0.630 109.318 0.772
202010 0.660 109.861 0.805
202101 0.370 110.364 0.449
202104 0.770 112.673 0.916
202107 1.390 115.183 1.617
202110 1.690 116.696 1.941
202201 1.400 118.619 1.582
202204 1.750 121.978 1.923
202207 2.070 125.002 2.219
202210 2.410 125.734 2.569
202301 1.530 126.223 1.625
202304 1.800 127.992 1.885
202307 2.090 128.974 2.172
202310 1.970 129.810 2.034
202401 1.280 130.124 1.318
202404 1.390 132.289 1.408
202407 1.420 132.708 1.434
202410 1.350 133.182 1.359
202501 -0.550 134.029 -0.550

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


GMS  (NYSE:GMS) 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.

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

Shiller PE Ratio=Share Price/E10
=72.32/3.39
=21.33

* 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 12 years, the highest Shiller P/E Ratio of GMS was 33.91. The lowest was 20.76. And the median was 28.19.


Be Aware

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


GMS E10 Related Terms

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


GMS Business Description

Traded in Other Exchanges
Address
100 Crescent Centre Parkway, Suite 800, Tucker, GA, USA, 30084
GMS Inc is a distributor of specialty building products including wallboard, suspended ceiling systems, ceilings, steel framing, and other complementary building products. The company serves its products to commercial new construction, commercial repair and remodel, residential new construction, and residential repair and remodel (R&R). Its geographical segment is Central, Midwest, New York, Northeast, Southern, Southeast, Southwest, Western and Canada, and Ames. The company generates maximum revenue from Wallboard products.
Executives
George T Hendren officer: Chief Operating Officer 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Turner John C Jr officer: President 1009 WIMBERLY COURT, ALLEN TX 75013-1195
Craig D Apolinsky officer: VP, GC & Corporate Secretary GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
J David Smith director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
John J Gavin director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
William Forrest Bell officer: Chief Accounting Officer 1001 SUMMIT BLVD, NE, ATLANTA GA 30319
Scott M Deakin officer: VP, Chief Financial Officer 123 MAIN STREET, BRISTOL CT 06011-2185
Coliseum Capital Management, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Theron I Gilliam director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Peter C Browning director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Leigh R Dobbs officer: Chief Human Resources Officer 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Coliseum Capital Co-invest Iii, L.p. 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Adam Gray 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Christopher S Shackelton 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853