Switch to:
JB Hunt Transport Services Inc  (NAS:JBHT) E10: $2.72 (As of Sep. 2017)

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.

JB Hunt Transport Services Inc's adjusted earnings per share data for the three months ended in Sep. 2017 was $0.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.72 for the trailing ten years ended in Sep. 2017.

As of today, JB Hunt Transport Services Inc's current stock price is $104.31. JB Hunt Transport Services Inc's E10 for the quarter that ended in Sep. 2017 was $2.72. JB Hunt Transport Services Inc's Shiller PE Ratio of today is 38.35.

During the past 13 years, the highest Shiller PE Ratio of JB Hunt Transport Services Inc was 47.00. The lowest was 20.47. And the median was 37.11.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

JB Hunt Transport Services Inc Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.58 1.82 2.03 2.26 2.51

JB Hunt Transport Services Inc Quarterly Data

Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 2.45 2.51 2.59 2.65 2.72

Competitive Comparison
* 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.


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.

For example, JB Hunt Transport Services Inc's adjusted earnings per share data for the three months ended in Sep. 2017 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2017 (Change)*Current CPI (Sep. 2017)
=0.91/246.819*246.819
=0.910

Current CPI (Sep. 2017) = 246.819.

JB Hunt Transport Services Inc Quarterly Data

per share eps CPI Adj_EPS
200712 0.420 210.036 0.494
200803 0.280 213.528 0.324
200806 0.390 218.815 0.440
200809 0.470 218.783 0.530
200812 0.410 210.228 0.481
200903 0.240 212.709 0.278
200906 0.190 215.693 0.217
200909 0.310 215.969 0.354
200912 0.320 215.949 0.366
201003 0.290 217.631 0.329
201006 0.400 217.965 0.453
201009 0.410 218.439 0.463
201012 0.460 219.179 0.518
201103 0.400 223.467 0.442
201106 0.530 225.722 0.580
201109 0.570 226.889 0.620
201112 0.610 225.672 0.667
201203 0.570 229.392 0.613
201206 0.670 229.478 0.721
201209 0.650 231.407 0.693
201212 0.700 229.601 0.752
201303 0.610 232.773 0.647
201306 0.730 233.504 0.772
201309 0.750 234.149 0.791
201312 0.770 233.049 0.815
201403 0.580 236.293 0.606
201406 0.790 238.343 0.818
201409 0.870 238.031 0.902
201412 0.930 234.812 0.978
201503 0.780 236.119 0.815
201506 0.880 238.638 0.910
201509 0.990 237.945 1.027
201512 1.010 236.525 1.054
201603 0.880 238.132 0.912
201606 0.920 241.018 0.942
201609 0.970 241.428 0.992
201612 1.040 241.432 1.063
201703 0.920 243.801 0.931
201706 0.880 244.955 0.887
201709 0.910 246.819 0.910

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

JB Hunt Transport Services Inc's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=104.31/2.72
=38.35

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

During the past 13 years, the highest Shiller P/E Ratio of JB Hunt Transport Services Inc was 47.00. The lowest was 20.47. And the median was 37.11.


Be Aware

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


Related Terms


Headlines

From the Internet

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)

GF Chat

{{numOfNotice}}
FEEDBACK