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LDOS (Leidos Holdings) E10 : $3.71 (As of Sep. 2024)


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What is Leidos Holdings 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.

Leidos Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was $2.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.71 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Leidos Holdings's average E10 Growth Rate was 25.80% per year. During the past 3 years, the average E10 Growth Rate was 2.50% per year. During the past 5 years, the average E10 Growth Rate was 0.80% 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 Leidos Holdings was 4.00% per year. The lowest was -11.40% per year. And the median was -2.65% per year.

As of today (2024-12-13), Leidos Holdings's current stock price is $153.13. Leidos Holdings's E10 for the quarter that ended in Sep. 2024 was $3.71. Leidos Holdings's Shiller PE Ratio of today is 41.27.

During the past 13 years, the highest Shiller PE Ratio of Leidos Holdings was 53.48. The lowest was 8.64. And the median was 26.66.


Leidos Holdings E10 Historical Data

The historical data trend for Leidos Holdings'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.

Leidos Holdings E10 Chart

Leidos Holdings Annual Data
Trend Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 2.82 2.72 3.43 3.04

Leidos Holdings 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 2.95 3.04 3.31 3.49 3.71

Competitive Comparison of Leidos Holdings's E10

For the Information Technology Services subindustry, Leidos Holdings'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.


Leidos Holdings's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Leidos Holdings's Shiller PE Ratio distribution charts can be found below:

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



Leidos Holdings 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, Leidos Holdings'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)
=2.68/133.0289*133.0289
=2.680

Current CPI (Sep. 2024) = 133.0289.

Leidos Holdings Quarterly Data

per share eps CPI Adj_EPS
201407 -5.920 100.520 -7.835
201410 0.460 100.176 0.611
201501 0.590 98.604 0.796
201506 0.500 100.684 0.661
201509 0.670 100.392 0.888
201603 0.660 100.470 0.874
201606 0.550 101.688 0.720
201609 0.800 101.861 1.045
201612 0.390 101.863 0.509
201703 0.470 102.862 0.608
201706 0.640 103.349 0.824
201709 0.530 104.136 0.677
201712 0.740 104.011 0.946
201803 0.660 105.290 0.834
201806 0.940 106.317 1.176
201809 0.960 106.507 1.199
201812 1.250 105.998 1.569
201903 1.290 107.251 1.600
201906 0.930 108.070 1.145
201909 1.110 108.329 1.363
201912 1.260 108.420 1.546
202003 0.800 108.902 0.977
202006 1.060 108.767 1.296
202009 1.130 109.815 1.369
202012 1.370 109.897 1.658
202103 1.420 111.754 1.690
202106 1.180 114.631 1.369
202109 1.430 115.734 1.644
202112 1.230 117.630 1.391
202203 1.250 121.301 1.371
202206 1.240 125.017 1.319
202209 1.170 125.227 1.243
202212 1.280 125.222 1.360
202303 1.170 127.348 1.222
202306 1.500 128.729 1.550
202309 -2.910 129.860 -2.981
202312 1.660 129.419 1.706
202403 2.070 131.776 2.090
202406 2.370 132.554 2.378
202409 2.680 133.029 2.680

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


Leidos Holdings  (NYSE:LDOS) 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.

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

Shiller PE Ratio=Share Price/E10
=153.13/3.71
=41.27

* 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 Leidos Holdings was 53.48. The lowest was 8.64. And the median was 26.66.


Be Aware

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


Leidos Holdings E10 Related Terms

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


Leidos Holdings Business Description

Address
1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil, and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in three reportable segments; Defense Solutions, Civil, and Health. Defense Solutions provides technologically latest services, solutions, and products to a broad customer base. It generates key revenue from Defense Solutions.
Executives
Noel B Williams director 1750 PRESIDENTS STREET, RESTON VA 20190
Roy E Stevens officer: Chief of Business Development 11951 FREEDOM DRIVE, RESTON VA 20190
Surya N Mohapatra director 3 GIRALDA FARMS, MADISON NJ 07940
Kovarik Robert C Jr director C/O ALLIANCE BANKSHARES CORPORATION, 14200 PARK MEADOW DR #200S, CHANTILLY VA 20151
Gary Stephen May director 11951 FREEDOM DRIVE, RESTON VA 20190
Thomas Arthur Bell director, officer: CEO 1750 PRESIDENTS STREET, RESTON VA 20190
Susan M Stalnecker director TWO N NINTHST, ALLENTOWN PA 18101
David G Fubini director D.G. FUBINI CONSULTANTS, LLC, 80 SEARS ROAD, BROOKLINE MA 02445
Miriam E John director 7011 EAST AVENUE, LIVERMORE CA 94550
James Robert Moos officer: Group President 11951 FREEDOM DRIVE, RESTON VA 20190
Cindy Gruensfelder officer: Executive Vice President 1750 PRESIDENTS STREET, RESTON VA 20190
Kraemer Harry M Jansen Jr director DENTSPLY SIRONA INC., 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Gregory R Dahlberg director 11951 FREEDOM DRIVE, RESTON VA 20190
Howe Jerald S Jr officer: Executive VP & General Counsel
Robert S Shapard director P O BOX 696000, SANANTONIO TX 782696000