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HUBB (Hubbell) E10 : $9.06 (As of Sep. 2024)


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What is Hubbell 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.

Hubbell's adjusted earnings per share data for the three months ended in Sep. 2024 was $4.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $9.06 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Hubbell's average E10 Growth Rate was 10.60% per year. During the past 3 years, the average E10 Growth Rate was 11.90% per year. During the past 5 years, the average E10 Growth Rate was 9.90% per year. During the past 10 years, the average E10 Growth Rate was 7.20% 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 Hubbell was 17.80% per year. The lowest was 3.60% per year. And the median was 8.00% per year.

As of today (2024-12-12), Hubbell's current stock price is $455.34. Hubbell's E10 for the quarter that ended in Sep. 2024 was $9.06. Hubbell's Shiller PE Ratio of today is 50.26.

During the past 13 years, the highest Shiller PE Ratio of Hubbell was 51.65. The lowest was 17.19. And the median was 25.69.


Hubbell E10 Historical Data

The historical data trend for Hubbell'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.

Hubbell E10 Chart

Hubbell 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 5.62 5.91 6.52 7.35 8.29

Hubbell Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.19 8.29 8.57 8.82 9.06

Competitive Comparison of Hubbell's E10

For the Electrical Equipment & Parts subindustry, Hubbell'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.


Hubbell's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hubbell's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=4.05/133.0289*133.0289
=4.050

Current CPI (Sep. 2024) = 133.0289.

Hubbell Quarterly Data

per share eps CPI Adj_EPS
201412 1.380 99.070 1.853
201503 1.070 99.621 1.429
201506 1.370 100.684 1.810
201509 1.270 100.392 1.683
201512 1.060 99.792 1.413
201603 1.080 100.470 1.430
201606 1.450 101.688 1.897
201609 1.560 101.861 2.037
201612 1.160 101.863 1.515
201703 1.130 102.862 1.461
201706 1.430 103.349 1.841
201709 1.470 104.136 1.878
201712 0.370 104.011 0.473
201803 1.050 105.290 1.327
201806 1.820 106.317 2.277
201809 2.060 106.507 2.573
201812 1.600 105.998 2.008
201903 1.320 107.251 1.637
201906 1.750 108.070 2.154
201909 2.380 108.329 2.923
201912 1.850 108.420 2.270
202003 1.370 108.902 1.674
202006 1.620 108.767 1.981
202009 1.960 109.815 2.374
202012 1.480 109.897 1.792
202103 1.420 111.754 1.690
202106 1.740 114.631 2.019
202109 1.980 115.734 2.276
202112 2.140 117.630 2.420
202203 3.310 121.301 3.630
202206 2.260 125.017 2.405
202209 2.570 125.227 2.730
202212 2.270 125.222 2.412
202303 3.370 127.348 3.520
202306 3.820 128.729 3.948
202309 3.700 129.860 3.790
202312 3.160 129.419 3.248
202403 2.730 131.776 2.756
202406 3.940 132.554 3.954
202409 4.050 133.029 4.050

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


Hubbell  (NYSE:HUBB) 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.

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

Shiller PE Ratio=Share Price/E10
=455.34/9.06
=50.26

* 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 Hubbell was 51.65. The lowest was 17.19. And the median was 25.69.


Be Aware

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


Hubbell E10 Related Terms

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


Hubbell Business Description

Traded in Other Exchanges
N/A
Address
40 Waterview Drive, Shelton, CT, USA, 06484
Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: Utility Solutions Segment and the Electrical Solutions Segment. It derives maximum revenue from Utility Solutions Segment.
Executives
Mark Eugene Mikes officer: President Electrical Solutions C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Del Nero Jonathan M. officer: Vice President, Controller C/0 HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Gerben Bakker officer: Group Vice President C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Carlos M Cardoso director STANLEY BLACK & DECKER, INC., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Alyssa R Flynn officer: Chief Human Resources Officer C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Debra L. Dial director 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Neal J Keating director C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Katherine Anne Lane officer: VP, Acting GC and Secretary C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
William R Sperry officer: Executive VP and CFO C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
John F Malloy director 2556 SPRING VALLEY ROAD, BETHLEHEM PA 18105
Gregory Gumbs officer: President, Utility Solutions C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Anthony Guzzi director 301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851
Allan Connolly officer: Group President, Power Systems C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Stephen M Mais officer: Vice President Human Resources C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rhett Anthony Hernandez director 40 WATERVIEW DRIVE, SHELTON CT 06484