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Whirlpool (MEX:WHR) E10 : MXN139.25 (As of Mar. 2024)


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What is Whirlpool 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.

Whirlpool's adjusted earnings per share data for the three months ended in Mar. 2024 was MXN-78.334. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN139.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Whirlpool's average E10 Growth Rate was -1.70% per year. During the past 3 years, the average E10 Growth Rate was 0.50% per year. During the past 5 years, the average E10 Growth Rate was 6.50% per year. During the past 10 years, the average E10 Growth Rate was 4.30% 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 Whirlpool was 20.70% per year. The lowest was -6.30% per year. And the median was 4.70% per year.

As of today (2024-06-22), Whirlpool's current stock price is MXN1717.00. Whirlpool's E10 for the quarter that ended in Mar. 2024 was MXN139.25. Whirlpool's Shiller PE Ratio of today is 12.33.

During the past 13 years, the highest Shiller PE Ratio of Whirlpool was 30.00. The lowest was 8.79. And the median was 19.55.


Whirlpool E10 Historical Data

The historical data trend for Whirlpool'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.

Whirlpool E10 Chart

Whirlpool 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 174.36 188.89 219.56 204.15 169.84

Whirlpool 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 166.44 146.70 155.01 169.84 139.25

Competitive Comparison of Whirlpool's E10

For the Furnishings, Fixtures & Appliances subindustry, Whirlpool'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.


Whirlpool's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Whirlpool's Shiller PE Ratio distribution charts can be found below:

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



Whirlpool 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, Whirlpool'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)
=-78.334/131.7762*131.7762
=-78.334

Current CPI (Mar. 2024) = 131.7762.

Whirlpool Quarterly Data

per share eps CPI Adj_EPS
201406 29.181 100.560 38.240
201409 38.670 100.428 50.741
201412 15.045 99.070 20.012
201503 36.283 99.621 47.994
201506 34.675 100.684 45.383
201509 49.849 100.392 65.433
201512 39.205 99.792 51.770
201603 33.051 100.470 43.349
201606 76.748 101.688 99.457
201609 59.940 101.861 77.544
201612 48.656 101.863 62.945
201703 37.846 102.862 48.484
201706 45.552 103.349 58.081
201709 67.511 104.136 85.430
201712 -73.452 104.011 -93.060
201803 23.618 105.290 29.559
201806 -186.670 106.317 -231.371
201809 60.230 106.507 74.520
201812 51.836 105.998 64.442
201903 141.799 107.251 174.225
201906 19.977 108.070 24.359
201909 109.963 108.329 133.763
201912 85.247 108.420 103.611
202003 57.448 108.902 69.515
202006 10.849 108.767 13.144
202009 136.743 109.815 164.090
202012 154.561 109.897 185.333
202103 139.203 111.754 164.142
202106 182.140 114.631 209.382
202109 154.421 115.734 175.825
202112 100.519 117.630 112.608
202203 106.126 121.301 115.291
202206 -133.181 125.017 -140.382
202209 52.299 125.227 55.034
202212 -572.208 125.222 -602.159
202303 -58.942 127.348 -60.992
202306 26.573 128.729 27.202
202309 26.651 129.860 27.044
202312 151.071 129.419 153.822
202403 -78.334 131.776 -78.334

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


Whirlpool  (MEX:WHR) 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.

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

Shiller PE Ratio=Share Price/E10
=1717.00/139.25
=12.33

* 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 Whirlpool was 30.00. The lowest was 8.79. And the median was 19.55.


Be Aware

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


Whirlpool E10 Related Terms

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


Whirlpool (MEX:WHR) Business Description

Traded in Other Exchanges
Address
2000 North M-63, Benton Harbor, MI, USA, 49022-2692
Whirlpool Corp is a manufacturer and marketer of home appliances and related products. Its reportable segments consist of North America; Europe, the Middle East and Africa ("EMEA"); Latin America and Asia. Product categories include refrigeration, laundry, cooking, and dishwashing. The company has also a portfolio of small domestic appliances, including the KitchenAid stand mixer. The company's international brands include Whirlpool, KitchenAid, Maytag, Consul, and Brastemp among others.

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