GURUFOCUS.COM » STOCK LIST » USA » NYSE » IDEX Corp (NYSE:IEX) » Definitions » E10
Switch to:

IDEX (NYSE:IEX) E10

: $5.14 (As of Sep. 2022)
View and export this data going back to 1989. Start your Free Trial

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.

IDEX's adjusted earnings per share data for the three months ended in Sep. 2022 was $2.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.14 for the trailing ten years ended in Sep. 2022.

As of today (2022-11-27), IDEX's current stock price is $236.66. IDEX's E10 for the quarter that ended in Sep. 2022 was $5.14. IDEX's Shiller PE Ratio of today is 46.04.

During the past 13 years, the highest Shiller PE Ratio of IDEX was 55.94. The lowest was 21.40. And the median was 39.73.


IDEX (NYSE:IEX) E10 Historical Data

The historical data trend for IDEX'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.

IDEX Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.71 3.11 3.57 3.89 4.48

IDEX Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
E10 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 Premium Member Only Premium Member Only Premium Member Only 4.33 4.48 4.73 4.97 5.14

IDEX (NYSE:IEX) E10 Competitive Comparison

For the Specialty Industrial Machinery subindustry, IDEX's E10, along with its competitors' market caps and E10 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.

   

IDEX (NYSE:IEX) E10 Distribution

For the Industrial Products industry and Industrials sector, IDEX's E10 distribution charts can be found below:

* The bar in red indicates where IDEX's E10 falls into.



IDEX 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, IDEX's adjusted earnings per share data for the three months ended in Sep. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=2.36/125.2265*125.2265
=2.360

Current CPI (Sep. 2022) = 125.2265.

IDEX Quarterly Data

per share eps CPI Adj_EPS
201212 -1.450 96.871 -1.874
201303 0.740 98.209 0.944
201306 0.760 98.518 0.966
201309 0.780 98.790 0.989
201312 0.820 98.326 1.044
201403 0.910 99.695 1.143
201406 0.880 100.560 1.096
201409 0.880 100.428 1.097
201412 0.770 99.070 0.973
201503 0.840 99.621 1.056
201506 0.890 100.684 1.107
201509 1.020 100.392 1.272
201512 0.870 99.792 1.092
201603 0.890 100.470 1.109
201606 0.990 101.688 1.219
201609 0.910 101.861 1.119
201612 0.750 101.863 0.922
201703 0.990 102.862 1.205
201706 1.080 103.349 1.309
201709 1.080 104.136 1.299
201712 1.210 104.011 1.457
201803 1.270 105.290 1.510
201806 1.380 106.317 1.625
201809 1.370 106.507 1.611
201812 1.270 105.998 1.500
201903 1.440 107.251 1.681
201906 1.480 108.070 1.715
201909 1.370 108.329 1.584
201912 1.260 108.420 1.455
202003 1.330 108.902 1.529
202006 0.930 108.767 1.071
202009 1.370 109.815 1.562
202012 1.320 109.897 1.504
202103 1.480 111.754 1.658
202106 1.340 114.631 1.464
202109 1.510 115.734 1.634
202112 1.550 117.630 1.650
202203 1.830 121.301 1.889
202206 1.810 125.017 1.813
202209 2.360 125.227 2.360

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


IDEX  (NYSE:IEX) 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.

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

Shiller PE Ratio=Share Price/E10
=236.66/5.14
=46.04

* 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 IDEX was 55.94. The lowest was 21.40. And the median was 39.73.


Be Aware

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


IDEX E10 Related Terms

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


IDEX (NYSE:IEX) Business Description

IDEX logo
Traded in Other Exchanges
Address
3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire & safety, life science, and water. The firm's business is organized into three segments: fluid & metering technologies, health & science technologies, and fire & safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $2.8 billion in revenue and $661 million in adjusted operating income in 2021.
Executives
Watts Stanfield Paris director 3100 SANDERS ROAD SUITE 301 NORTHBROOK IL 60062
Gunter Lakecia N director 3100 SANDER ROAD SUITE 301 NORTHBROOK IL 60062
Satterthwaite Livingston director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Parry David C director 155 HARLEM AVE. GLENVIEW IL 60025
Beck Mark A director 2200 PENNSYLVANIA AVENUE, NW SUITE 800W WASHINGTON DC 20037
Christenson Carl R director C/O ALTRA INDUSTRIAL MOTION INC. 300 GRANITE STREET BRAINTREE MA 02184
Helmkamp Katrina L director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Cook William M director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Buthman Mark A director P O BOX 619100 DALLAS TX 752619100
Unnikrishnan Roopa officer: SVP, Strategy&Corp Development 3100 SANDERS ROAD SUITE 301 NORTHBROOK IL 60062
Anderson Lisa M officer: SVP, General Counsel &Corp Sec 3100 SANDERS ROAD SUITE 301 NORTHBROOK IL 60062
Lausas Allison S officer: VP, Chief Accounting Officer C/O SUNCOKE ENERGY, INC. 1011 WARRENVILLE ROAD, SUITE 600 LISLE IL 60532
Flores Melissa S officer: SVP-Chief HR Officer 3100 SANDER ROAD SUITE 301 NORTHBROOK IL 60062
Warner Cynthia J director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Mrozek Ernest J director SERVICE MASTER 2300 WARRENVILLE ROAD DOWNERS GROVE IL 60515

IDEX (NYSE:IEX) Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
premium membership