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Mastech Digital (Mastech Digital) E10 : $0.56 (As of Dec. 2023)


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What is Mastech Digital 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.

Mastech Digital's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.56 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mastech Digital's average E10 Growth Rate was -15.20% per year. During the past 3 years, the average E10 Growth Rate was 6.80% per year. During the past 5 years, the average E10 Growth Rate was 16.00% 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 Mastech Digital was 26.00% per year. The lowest was 6.80% per year. And the median was 19.40% per year.

As of today (2024-04-28), Mastech Digital's current stock price is $8.73. Mastech Digital's E10 for the quarter that ended in Dec. 2023 was $0.56. Mastech Digital's Shiller PE Ratio of today is 15.59.

During the past 13 years, the highest Shiller PE Ratio of Mastech Digital was 65.83. The lowest was 10.00. And the median was 22.82.


Mastech Digital E10 Historical Data

The historical data trend for Mastech Digital'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.

Mastech Digital E10 Chart

Mastech Digital 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 0.38 0.46 0.58 0.66 0.56

Mastech Digital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.66 0.66 0.64 0.62 0.56

Competitive Comparison of Mastech Digital's E10

For the Staffing & Employment Services subindustry, Mastech Digital'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.


Mastech Digital's Shiller PE Ratio Distribution in the Business Services Industry

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

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



Mastech Digital 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, Mastech Digital's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.46/129.4194*129.4194
=-0.460

Current CPI (Dec. 2023) = 129.4194.

Mastech Digital Quarterly Data

per share eps CPI Adj_EPS
201403 0.100 99.695 0.130
201406 0.100 100.560 0.129
201409 0.100 100.428 0.129
201412 0.090 99.070 0.118
201503 0.020 99.621 0.026
201506 0.045 100.684 0.058
201509 0.100 100.392 0.129
201512 0.145 99.792 0.188
201603 0.001 100.470 0.001
201606 0.105 101.688 0.134
201609 0.105 101.861 0.133
201612 0.070 101.863 0.089
201703 0.020 102.862 0.025
201706 0.075 103.349 0.094
201709 -0.010 104.136 -0.012
201712 0.080 104.011 0.100
201803 0.120 105.290 0.148
201806 0.250 106.317 0.304
201809 0.140 106.507 0.170
201812 0.080 105.998 0.098
201903 0.090 107.251 0.109
201906 0.530 108.070 0.635
201909 0.170 108.329 0.203
201912 0.200 108.420 0.239
202003 0.160 108.902 0.190
202006 0.250 108.767 0.297
202009 0.250 109.815 0.295
202012 0.170 109.897 0.200
202103 0.100 111.754 0.116
202106 0.310 114.631 0.350
202109 0.280 115.734 0.313
202112 0.320 117.630 0.352
202203 0.190 121.301 0.203
202206 0.200 125.017 0.207
202209 0.200 125.227 0.207
202212 0.130 125.222 0.134
202303 0.020 127.348 0.020
202306 -0.190 128.729 -0.191
202309 0.010 129.860 0.010
202312 -0.460 129.419 -0.460

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


Mastech Digital  (AMEX:MHH) 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.

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

Shiller PE Ratio=Share Price/E10
=8.73/0.56
=15.59

* 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 Mastech Digital was 65.83. The lowest was 10.00. And the median was 22.82.


Be Aware

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


Mastech Digital E10 Related Terms

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


Mastech Digital (Mastech Digital) Business Description

Traded in Other Exchanges
Address
1305 Cherrington Parkway, Building 210, Suite 400, Moon Township, PA, USA, 15108
Mastech Digital Inc is a provider of Digital Transformation IT Services. The Company offers data & analytics solutions & IT staffing services for both digital & mainstream technologies. The Group has two segments. Its Data & Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics & cloud services to customers globally. IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital & mainstream technologies. Its digital transformation services also include staffing & project-based services around digital learning. The company derives a majority of its revenue from IT staffing services. Geographically, the majority is from the United States.
Executives
Manoj P Singh 10 percent owner PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Sunil Wadhwani director, 10 percent owner 1004 MCKEE ROAD, OAKDALE PA 15071
Michael Lee Fleishman officer: See Remarks 1305 CHERRINGTON PKWY, BLDG 210, SUITE 400, MOON TOWNSHIP PA 15108
Vladimir Rak director 345 COURT STREET, CORAOPOLIS PA 15108
Ganeshan Venkateshwaran officer: See Remarks 1305 CHERRINGTON PKWY, BLDG 210, STE 400, MOON TOWNSHIP PA 15108
Paul Philip Burton officer: See Remarks 1305 CHERRINGTON PARKWAY, SUITE 400, MOON TOWNSHIP PA 15109
Brenda C Galilee director C/O HALL KINION & ASSOCIATES INC, 75 ROWLAND WAY, SUITE 200, NOVATO CA 94945
Steven A Shaw 10 percent owner 503 13TH AVENUE EAST, #205, SEATTLE WA 98102
John J. Cronin officer: Chief Financial Officer 1603 BLACKBURN HTS DRIVE, SEWICKLEY PA 15143
Vivek Gupta director, officer: President and CEO C/O MASTECH HOLDINGS, 1305 CHERRINGTON PKWY, BLDG 200, STE 400, MOON TOWNSHIP PA 15108
Gerhard Watzinger director 2821 TARFLOWER WAY, NAPLES FL 34105
John Ausura director 210 CAPE COD WAY, MOORESVILLE NC 28117
Ashok Trivedi director, 10 percent owner 1004 MCKEE ROAD, OAKDALE PA 15071
Scott Adam Aicher officer: See Remarks 2709 PEBBLE BEACH DRIVE, OAKALND MI 48363
Denis D. Deet officer: VP of Technology and CIO C/O MASTECH HOLDINGS, INC., 1305 CHERRINGTON PKWY, BLDG 210, STE 400, MOON TOWNSHIP PA 15108

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