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UTStarcom Holdings (MEX:UTSI) E10 : MXN-19.66 (As of Dec. 2023)


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What is UTStarcom 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.

UTStarcom Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was MXN-7.129. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-19.66 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 7.60% per year. During the past 5 years, the average E10 Growth Rate was 27.10% per year. During the past 10 years, the average E10 Growth Rate was 27.30% 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 UTStarcom Holdings was 43.70% per year. The lowest was -18.40% per year. And the median was 16.10% per year.

As of today (2024-06-23), UTStarcom Holdings's current stock price is MXN 46.60. UTStarcom Holdings's E10 for the fiscal year that ended in Dec. 2023 was MXN-19.66. UTStarcom Holdings's Shiller PE Ratio of today is .


UTStarcom Holdings E10 Historical Data

The historical data trend for UTStarcom 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.

UTStarcom Holdings E10 Chart

UTStarcom Holdings 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 -60.53 -26.02 -38.62 -27.84 -19.66

UTStarcom Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -38.62 - -27.84 - -19.66

Competitive Comparison of UTStarcom Holdings's E10

For the Communication Equipment subindustry, UTStarcom 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.


UTStarcom Holdings's Shiller PE Ratio Distribution in the Hardware Industry

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

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



UTStarcom 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, UTStarcom Holdings's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-7.129/114.7809*114.7809
=-7.129

Current CPI (Dec. 2023) = 114.7809.

UTStarcom Holdings Annual Data

per_share_eps CPI Adj_EPS
201412 -47.790 99.000 -55.408
201512 -50.897 100.600 -58.072
201612 0.825 102.600 0.923
201712 14.926 104.500 16.394
201812 10.210 106.500 11.004
201912 -8.298 111.200 -8.565
202012 -52.515 111.500 -54.060
202112 -13.334 113.108 -13.531
202212 -10.723 115.116 -10.692
202312 -7.129 114.781 -7.129

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


UTStarcom Holdings  (MEX:UTSI) 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.


Be Aware

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


UTStarcom Holdings E10 Related Terms

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


UTStarcom Holdings (MEX:UTSI) Business Description

Traded in Other Exchanges
Address
368 Liuhe Road, 4th Floor, South Wing, Binjiang District, Hangzhou, CHN, 310052
UTStarcom Holdings Corp operates as a telecom infrastructure provider. It develops technology for bandwidth from cloud-based services, mobile, streaming, and other applications. The range of solutions is designed to expand and modernize telecommunications networks through smooth network system integration, lower operating costs, and increased broadband access. The business activity of the firm is operated through the Equipment and Service segment. The Equipment segment is focused on equipment sales, including network infrastructure and application products, and the Service segment is engaged in providing services and support of equipment products and also the new operational support. The company operates in China, India, Japan, Taiwan, and other countries.