GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hewlett Packard Enterprise Co (LTS:0J51) » Definitions » E10

Hewlett Packard Enterprise Co (LTS:0J51) E10 : $1.20 (As of Jan. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Hewlett Packard Enterprise Co 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.

Hewlett Packard Enterprise Co's adjusted earnings per share data for the three months ended in Jan. 2024 was $0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.20 for the trailing ten years ended in Jan. 2024.

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 (2024-04-27), Hewlett Packard Enterprise Co's current stock price is $14.42. Hewlett Packard Enterprise Co's E10 for the quarter that ended in Jan. 2024 was $1.20. Hewlett Packard Enterprise Co's Shiller PE Ratio of today is 12.02.

During the past 12 years, the highest Shiller PE Ratio of Hewlett Packard Enterprise Co was 14.38. The lowest was 11.76. And the median was 13.22.


Hewlett Packard Enterprise Co E10 Historical Data

The historical data trend for Hewlett Packard Enterprise Co'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.

Hewlett Packard Enterprise Co E10 Chart

Hewlett Packard Enterprise Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.20

Hewlett Packard Enterprise Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - 1.04 1.20 1.20

Competitive Comparison of Hewlett Packard Enterprise Co's E10

For the Communication Equipment subindustry, Hewlett Packard Enterprise Co'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.


Hewlett Packard Enterprise Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hewlett Packard Enterprise Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hewlett Packard Enterprise Co's Shiller PE Ratio falls into.



Hewlett Packard Enterprise Co 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, Hewlett Packard Enterprise Co's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.29/129.4194*129.4194
=0.290

Current CPI (Jan. 2024) = 129.4194.

Hewlett Packard Enterprise Co Quarterly Data

per share eps CPI Adj_EPS
201404 0.000 100.023 0.000
201407 0.146 100.520 0.188
201410 0.283 100.176 0.366
201501 0.300 98.604 0.394
201504 0.167 99.824 0.217
201507 0.123 100.691 0.158
201510 0.795 100.346 1.025
201601 0.150 99.957 0.194
201604 0.180 100.947 0.231
201607 1.320 101.524 1.683
201610 0.180 101.988 0.228
201701 0.160 102.456 0.202
201704 -0.370 103.167 -0.464
201707 0.100 103.278 0.125
201710 0.320 104.070 0.398
201801 0.890 104.578 1.101
201804 0.490 105.708 0.600
201807 0.290 106.324 0.353
201810 -0.520 106.695 -0.631
201901 0.130 106.200 0.158
201904 0.300 107.818 0.360
201907 -0.020 108.250 -0.024
201910 0.360 108.577 0.429
202001 0.250 108.841 0.297
202004 -0.640 108.173 -0.766
202007 0.010 109.318 0.012
202010 0.120 109.861 0.141
202101 0.170 110.364 0.199
202104 0.190 112.673 0.218
202107 0.290 115.183 0.326
202110 1.910 116.696 2.118
202201 0.390 118.619 0.426
202204 0.190 121.978 0.202
202207 0.310 125.002 0.321
202210 -0.230 125.734 -0.237
202301 0.380 126.223 0.390
202304 0.320 127.992 0.324
202307 0.350 128.974 0.351
202310 0.490 129.810 0.489
202401 0.290 129.419 0.290

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


Hewlett Packard Enterprise Co  (LTS:0J51) 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.

Hewlett Packard Enterprise Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.42/1.2
=12.02

* 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 Hewlett Packard Enterprise Co was 14.38. The lowest was 11.76. And the median was 13.22.


Be Aware

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


Hewlett Packard Enterprise Co E10 Related Terms

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


Hewlett Packard Enterprise Co (LTS:0J51) Business Description

Address
1701 East Mossy Oaks Road, Spring, TX, USA, 77389
Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.

Hewlett Packard Enterprise Co (LTS:0J51) Headlines

No Headlines