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Intuit (LTS:0JCT) E10 : $7.14 (As of Oct. 2024)


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What is Intuit 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.

Intuit's adjusted earnings per share data for the three months ended in Oct. 2024 was $0.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $7.14 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Intuit's average E10 Growth Rate was 13.20% per year. During the past 3 years, the average E10 Growth Rate was 14.10% per year. During the past 5 years, the average E10 Growth Rate was 15.40% per year. During the past 10 years, the average E10 Growth Rate was 14.70% 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 Intuit was 68.30% per year. The lowest was 8.70% per year. And the median was 15.50% per year.

As of today (2024-12-12), Intuit's current stock price is $669.09. Intuit's E10 for the quarter that ended in Oct. 2024 was $7.14. Intuit's Shiller PE Ratio of today is 93.71.

During the past 13 years, the highest Shiller PE Ratio of Intuit was 141.87. The lowest was 42.99. And the median was 73.72.


Intuit E10 Historical Data

The historical data trend for Intuit'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.

Intuit E10 Chart

Intuit Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 4.70 5.51 6.19 7.00

Intuit Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 6.30 6.51 7.04 7.00 7.14

Competitive Comparison of Intuit's E10

For the Software - Application subindustry, Intuit'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.


Intuit's Shiller PE Ratio Distribution in the Software Industry

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=0.7/133.1820*133.1820
=0.700

Current CPI (Oct. 2024) = 133.1820.

Intuit Quarterly Data

per share eps CPI Adj_EPS
201501 -0.230 98.604 -0.311
201504 1.780 99.824 2.375
201507 0.050 100.691 0.066
201510 -0.110 100.346 -0.146
201601 0.090 99.957 0.120
201604 3.940 100.947 5.198
201607 -0.160 101.524 -0.210
201610 -0.120 101.988 -0.157
201701 0.050 102.456 0.065
201704 3.700 103.167 4.776
201707 0.090 103.278 0.116
201710 -0.010 104.070 -0.013
201801 0.700 104.578 0.891
201804 4.530 105.708 5.707
201807 0.180 106.324 0.225
201810 0.130 106.695 0.162
201901 0.720 106.200 0.903
201904 5.220 107.818 6.448
201907 -0.170 108.250 -0.209
201910 0.220 108.577 0.270
202001 0.910 108.841 1.114
202004 4.110 108.173 5.060
202007 1.680 109.318 2.047
202010 0.750 109.861 0.909
202101 0.070 110.364 0.084
202104 5.300 112.673 6.265
202107 1.370 115.183 1.584
202110 0.820 116.696 0.936
202201 0.350 118.619 0.393
202204 6.280 121.978 6.857
202207 -0.200 125.002 -0.213
202210 0.140 125.734 0.148
202301 0.600 126.223 0.633
202304 7.380 127.992 7.679
202307 0.320 128.974 0.330
202310 0.850 129.810 0.872
202401 1.250 130.124 1.279
202404 8.420 132.289 8.477
202407 -0.070 132.708 -0.070
202410 0.700 133.182 0.700

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


Intuit  (LTS:0JCT) 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.

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

Shiller PE Ratio=Share Price/E10
=669.09/7.14
=93.71

* 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 Intuit was 141.87. The lowest was 42.99. And the median was 73.72.


Be Aware

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


Intuit E10 Related Terms

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


Intuit Business Description

Address
2700 Coast Avenue, Mountain View, CA, USA, 94043
Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of US market share for small-business accounting and do-it-yourself tax-filing software.

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