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West Pharmaceutical Services (MEX:WST) E10 : MXN106.47 (As of Dec. 2024)


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What is West Pharmaceutical Services 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.

West Pharmaceutical Services's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN37.123. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN106.47 for the trailing ten years ended in Dec. 2024.

During the past 12 months, West Pharmaceutical Services's average E10 Growth Rate was 12.20% per year. During the past 3 years, the average E10 Growth Rate was 18.70% per year. During the past 5 years, the average E10 Growth Rate was 24.40% 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 West Pharmaceutical Services was 28.70% per year. The lowest was 1.00% per year. And the median was 9.75% per year.

As of today (2025-03-17), West Pharmaceutical Services's current stock price is MXN4500.00. West Pharmaceutical Services's E10 for the quarter that ended in Dec. 2024 was MXN106.47. West Pharmaceutical Services's Shiller PE Ratio of today is 42.27.

During the past 13 years, the highest Shiller PE Ratio of West Pharmaceutical Services was 165.26. The lowest was 38.77. And the median was 67.76.


West Pharmaceutical Services E10 Historical Data

The historical data trend for West Pharmaceutical Services'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.

West Pharmaceutical Services E10 Chart

West Pharmaceutical Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 66.68 118.05 91.28 106.47

West Pharmaceutical Services 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 91.28 76.98 95.39 105.60 106.47

Competitive Comparison of West Pharmaceutical Services's E10

For the Medical Instruments & Supplies subindustry, West Pharmaceutical Services'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.


West Pharmaceutical Services's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, West Pharmaceutical Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where West Pharmaceutical Services's Shiller PE Ratio falls into.



West Pharmaceutical Services 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, West Pharmaceutical Services'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)
=37.123/133.1571*133.1571
=37.123

Current CPI (Dec. 2024) = 133.1571.

West Pharmaceutical Services Quarterly Data

per share eps CPI Adj_EPS
201503 6.860 99.621 9.169
201506 5.962 100.684 7.885
201509 0.338 100.392 0.448
201512 7.738 99.792 10.325
201603 5.164 100.470 6.844
201606 11.096 101.688 14.530
201609 9.668 101.861 12.638
201612 10.721 101.863 14.015
201703 15.251 102.862 19.743
201706 9.219 103.349 11.878
201709 12.159 104.136 15.548
201712 0.000 104.011 0.000
201803 10.537 105.290 13.326
201806 14.737 106.317 18.457
201809 13.655 106.507 17.072
201812 13.548 105.998 17.019
201903 14.161 107.251 17.582
201906 16.904 108.070 20.828
201909 14.807 108.329 18.201
201912 15.842 108.420 19.456
202003 23.214 108.902 28.384
202006 27.929 108.767 34.192
202009 24.079 109.815 29.197
202012 25.661 109.897 31.092
202103 40.678 111.754 48.468
202106 49.168 114.631 57.114
202109 47.498 115.734 54.648
202112 39.592 117.630 44.818
202203 45.596 121.301 50.053
202206 49.893 125.017 53.142
202209 31.983 125.227 34.008
202212 26.515 125.222 28.195
202303 33.346 127.348 34.867
202306 35.316 128.729 36.531
202309 37.276 129.860 38.223
202312 31.063 129.419 31.960
202403 25.724 131.776 25.994
202406 27.663 132.554 27.789
202409 36.427 133.029 36.462
202412 37.123 133.157 37.123

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


West Pharmaceutical Services  (MEX:WST) 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.

West Pharmaceutical Services's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4500.00/106.47
=42.27

* 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 West Pharmaceutical Services was 165.26. The lowest was 38.77. And the median was 67.76.


Be Aware

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


West Pharmaceutical Services E10 Related Terms

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


West Pharmaceutical Services Business Description

Traded in Other Exchanges
Address
530 Herman O. West Drive, Exton, PA, USA, 19341-1147
West Pharmaceutical Services is based in Pennsylvania, US, and is a key supplier to firms in the pharmaceutical, biotechnology, and generic drug industries. West sells elastomer-based packaging components (including stoppers, seals, and plungers), non-glass containment solutions, and auto-injectors for injectable drugs. The company reports in two segments: proprietary products (about 80% of total revenue) and contract-manufactured products (about 20% of total revenue). It generates approximately 55% of its revenue from international markets and 45% from the United States.