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Global Payments (MEX:GPN) E10 : MXN67.55 (As of Dec. 2024)


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What is Global Payments 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.

Global Payments's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN46.925. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN67.55 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Global Payments's average E10 Growth Rate was 16.70% per year. During the past 3 years, the average E10 Growth Rate was 8.70% per year. During the past 5 years, the average E10 Growth Rate was 8.30% per year. During the past 10 years, the average E10 Growth Rate was 10.60% 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 Global Payments was 17.80% per year. The lowest was 6.00% per year. And the median was 13.25% per year.

As of today (2025-03-16), Global Payments's current stock price is MXN2152.00. Global Payments's E10 for the quarter that ended in Dec. 2024 was MXN67.55. Global Payments's Shiller PE Ratio of today is 31.86.

During the past 13 years, the highest Shiller PE Ratio of Global Payments was 97.92. The lowest was 29.27. And the median was 53.99.


Global Payments E10 Historical Data

The historical data trend for Global Payments'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.

Global Payments E10 Chart

Global Payments Annual Data
Trend May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.91 49.59 62.33 43.11 67.55

Global Payments Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 43.11 47.73 53.81 59.13 67.55

Competitive Comparison of Global Payments's E10

For the Specialty Business Services subindustry, Global Payments'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.


Global Payments's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Payments's Shiller PE Ratio distribution charts can be found below:

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



Global Payments 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, Global Payments's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=46.925/133.1571*133.1571
=46.925

Current CPI (Dec. 2024) = 133.1571.

Global Payments Quarterly Data

per share eps CPI Adj_EPS
201502 6.872 99.032 9.240
201505 7.608 100.333 10.097
201508 11.043 100.548 14.624
201511 9.960 100.135 13.245
201602 9.576 100.040 12.746
201605 4.787 101.355 6.289
201608 10.367 101.617 13.585
201611 6.546 101.829 8.560
201703 6.025 102.862 7.799
201706 7.953 103.349 10.247
201709 12.885 104.136 16.476
201712 29.656 104.011 37.966
201803 10.356 105.290 13.097
201806 13.362 106.317 16.735
201809 20.763 106.507 25.958
201812 9.228 105.998 11.592
201903 13.773 107.251 17.100
201906 14.791 108.070 18.225
201909 10.661 108.329 13.104
201912 6.412 108.420 7.875
202003 11.255 108.902 13.762
202006 2.770 108.767 3.391
202009 16.347 109.815 19.822
202012 12.134 109.897 14.702
202103 13.491 111.754 16.075
202106 17.716 114.631 20.579
202109 20.768 115.734 23.894
202112 14.770 117.630 16.720
202203 17.323 121.301 19.016
202206 -48.686 125.017 -51.856
202209 21.121 125.227 22.459
202212 18.326 125.222 19.487
202303 -0.721 127.348 -0.754
202306 18.001 128.729 18.620
202309 24.212 129.860 24.827
202312 23.424 129.419 24.100
202403 20.247 131.776 20.459
202406 26.931 132.554 27.054
202409 24.416 133.029 24.440
202412 46.925 133.157 46.925

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


Global Payments  (MEX:GPN) 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.

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

Shiller PE Ratio=Share Price/E10
=2152.00/67.55
=31.86

* 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 Global Payments was 97.92. The lowest was 29.27. And the median was 53.99.


Be Aware

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


Global Payments E10 Related Terms

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


Global Payments Business Description

Traded in Other Exchanges
Address
3550 Lenox Road, Atlanta, GA, USA, 30326
Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.