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Henry Schein (MEX:HSIC) E10 : MXN71.06 (As of Mar. 2024)


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What is Henry Schein 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.

Henry Schein's adjusted earnings per share data for the three months ended in Mar. 2024 was MXN11.949. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN71.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Henry Schein's average E10 Growth Rate was 2.50% per year. During the past 3 years, the average E10 Growth Rate was 8.80% per year. During the past 5 years, the average E10 Growth Rate was 8.80% per year. During the past 10 years, the average E10 Growth Rate was 9.80% 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 Henry Schein was 23.80% per year. The lowest was 8.80% per year. And the median was 13.10% per year.

As of today (2024-06-22), Henry Schein's current stock price is MXN1325.00. Henry Schein's E10 for the quarter that ended in Mar. 2024 was MXN71.06. Henry Schein's Shiller PE Ratio of today is 18.65.

During the past 13 years, the highest Shiller PE Ratio of Henry Schein was 33.77. The lowest was 15.15. And the median was 23.80.


Henry Schein E10 Historical Data

The historical data trend for Henry Schein'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.

Henry Schein E10 Chart

Henry Schein Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 71.37 62.56

Henry Schein Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 71.54 73.21 81.15 62.56 71.06

Competitive Comparison of Henry Schein's E10

For the Medical Distribution subindustry, Henry Schein'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.


Henry Schein's Shiller PE Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Henry Schein's Shiller PE Ratio distribution charts can be found below:

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



Henry Schein 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, Henry Schein's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.949/131.7762*131.7762
=11.949

Current CPI (Mar. 2024) = 131.7762.

Henry Schein Quarterly Data

per share eps CPI Adj_EPS
201406 8.754 100.560 11.472
201409 8.996 100.428 11.804
201412 11.505 99.070 15.303
201503 9.299 99.621 12.300
201506 10.983 100.684 14.375
201509 12.842 100.392 16.857
201512 13.412 99.792 17.711
201603 11.792 100.470 15.466
201606 13.500 101.688 17.494
201609 15.855 101.861 20.511
201612 17.834 101.863 23.071
201703 16.570 102.862 21.228
201706 15.545 103.349 19.821
201709 15.789 104.136 19.980
201712 -1.178 104.011 -1.492
201803 16.533 105.290 20.692
201806 18.078 106.317 22.407
201809 14.777 106.507 18.283
201812 17.082 105.998 21.236
201903 14.161 107.251 17.399
201906 14.791 108.070 18.036
201909 18.755 108.329 22.814
201912 42.246 108.420 51.347
202003 21.338 108.902 25.820
202006 -1.847 108.767 -2.238
202009 21.870 109.815 26.244
202012 19.892 109.897 23.852
202103 23.712 111.754 27.960
202106 21.897 114.631 25.172
202109 23.646 115.734 26.924
202112 21.540 117.630 24.131
202203 25.884 121.301 28.119
202206 23.337 125.017 24.599
202209 21.925 125.227 23.072
202212 7.019 125.222 7.386
202303 16.403 127.348 16.973
202306 18.173 128.729 18.603
202309 18.290 129.860 18.560
202312 2.376 129.419 2.419
202403 11.949 131.776 11.949

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


Henry Schein  (MEX:HSIC) 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.

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

Shiller PE Ratio=Share Price/E10
=1325.00/71.06
=18.65

* 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 Henry Schein was 33.77. The lowest was 15.15. And the median was 23.80.


Be Aware

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


Henry Schein E10 Related Terms

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


Henry Schein (MEX:HSIC) Business Description

Traded in Other Exchanges
Address
135 Duryea Road, Melville, NY, USA, 11747
Henry Schein Inc is a solutions company for healthcare professionals powered by a network of people and technology. The company is a provider of healthcare products and services primarily to office-based dental and medical practitioners, as well as alternate sites of care. The company operates in two reportable segments; health care distribution and technology & value-added services. The healthcare distribution segment is engaged in combining global dental and medical businesses and distributes consumable products, small equipment, laboratory products, and Vitamins. The technology and value-added services reportable segment provides software, technology & other value-added services to health care practitioners. The majority of revenue is derived from the health care distribution segment.

Henry Schein (MEX:HSIC) Headlines