>
Switch to:

Avis Budget Group E10

: $1.37 (As of Jun. 2021)
View and export this data going back to 1968. Start your Free Trial

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.

Avis Budget Group's adjusted earnings per share data for the three months ended in Jun. 2021 was $5.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.37 for the trailing ten years ended in Jun. 2021.

As of today (2021-10-19), Avis Budget Group's current stock price is $158.90. Avis Budget Group's E10 for the quarter that ended in Jun. 2021 was $1.37. Avis Budget Group's Shiller PE Ratio of today is 115.99.

During the past 13 years, the highest Shiller PE Ratio of Avis Budget Group was 4181.00. The lowest was 5.57. And the median was 20.63.


Avis Budget Group E10 Historical Data

The historical data trend for Avis Budget Group'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.

Avis Budget Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.36 0.09 1.57 2.07 1.07

Avis Budget Group Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
E10 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 Premium Member Only Premium Member Only Premium Member Only 1.19 1.17 1.07 0.84 1.37

Competitive Comparison

For the Rental & Leasing Services subindustry, Avis Budget Group's E10, along with its competitors' market caps and E10 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.

   

Avis Budget Group E10 Distribution

For the Business Services industry and Industrials sector, Avis Budget Group's E10 distribution charts can be found below:

* The bar in red indicates where Avis Budget Group's E10 falls into.



Avis Budget Group 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, Avis Budget Group's adjusted earnings per share data for the three months ended in Jun. 2021 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=5.63/114.6314*114.6314
=5.630

Current CPI (Jun. 2021) = 114.6314.

Avis Budget Group Quarterly Data

per share eps CPI Adj_EPS
201109 0.650 95.727 0.778
201112 -1.620 95.213 -1.950
201203 -0.220 96.783 -0.261
201206 0.660 96.819 0.781
201209 2.380 97.633 2.794
201212 -0.430 96.871 -0.509
201303 -0.430 98.209 -0.502
201306 -0.260 98.518 -0.303
201309 1.020 98.790 1.184
201312 -0.260 98.326 -0.303
201403 0.030 99.695 0.034
201406 0.240 100.560 0.274
201409 1.740 100.428 1.986
201412 0.210 99.070 0.243
201503 -0.090 99.621 -0.104
201506 1.340 100.684 1.526
201509 1.770 100.392 2.021
201512 -0.060 99.792 -0.069
201603 -0.530 100.470 -0.605
201606 0.380 101.688 0.428
201609 2.280 101.861 2.566
201612 -0.350 101.863 -0.394
201703 -1.250 102.862 -1.393
201706 0.040 103.349 0.044
201709 2.910 104.136 3.203
201712 2.650 104.011 2.921
201803 -1.080 105.290 -1.176
201806 0.320 106.317 0.345
201809 2.680 106.507 2.884
201812 0.160 105.998 0.173
201903 -1.200 107.251 -1.283
201906 0.810 108.070 0.859
201909 2.500 108.329 2.645
201912 1.900 108.420 2.009
202003 -2.160 108.902 -2.274
202006 -6.910 108.767 -7.283
202009 0.630 109.815 0.658
202012 -1.290 109.897 -1.346
202103 -2.430 111.754 -2.493
202106 5.630 114.631 5.630

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


Avis Budget Group  (NAS:CAR) 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.

Avis Budget Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=158.90/1.37
=115.99

* 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 Avis Budget Group was 4181.00. The lowest was 5.57. And the median was 20.63.


Be Aware

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


Avis Budget Group E10 Related Terms

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


Avis Budget Group Business Description

Avis Budget Group logo
Industry
Industrials » Business Services NAICS : 532111 SIC : 7514
Traded in Other Exchanges
Address
6 Sylvan Way, Parsippany, NJ, USA, 07054
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.
Executives
Ferraro Joseph A. officer: President and CEO 6 SYLVAN WAY PARSIPPANY NJ 07054
Martins Izilda P officer: EVP, Americas 6 SYLVAN WAY PARSIPPANY NJ 07054
Sarma Karthik R. director, 10 percent owner ONE BRYANT PARK 39TH FLOOR NEW YORK NY 10036
Srs Investment Management, Llc director, 10 percent owner 1 BRYANT PARK 39TH FLOOR NEW YORK NY 10036
Hees Bernardo director, officer: Executive Chairman C/O THE KRAFT HEINZ COMPANY ONE PPG PLACE, SUITE 3200 PITTSBURGH PA 15222
Choi Brian J officer: EVP & Chief Financial Officer C/O SRS INVESTMENT MANAGEMENT, LLC ONE BRYANT PARK, 39TH FLOOR NEW YORK NY 10036
Rankin Patrick K officer: President, International 6 SYLVAN WAY PARSIPPANY NJ 07054
Lurie Glenn director C/O SYNCHRONOSS TECHNOLOGIES, INC. 200 CROSSING BLVD. BRIDGEWATER NJ 08807
Sparks Carl director 4315 NORTHAVEN ROAD DALLAS TX 75229
Krominga Lynn director 6 SYLVAN WAY PARSIPPANY NJ 07054
North John F officer: EVP & Chief Financial Officer 150 N. BARTLETT STREET MEDFORD OR 97501
Sera Jean M officer: SVP, GC & Corp. Sec. AVIS BUDGET GROUP 6 SYLVAN WAY PARSIPPANY NJ 07054
Fox Jeffrey H director ONE ALLIED DRIVE LITTLE ROCK AR 72202
Salerno F Robert director AVIS RENT A CAR INC 900 OLD COUNTRY RD GARDEN CITY NY 11530
Degenova Cathleen officer: Chief Accounting Officer 6 SYLVAN WAY PARSIPPANY NJ 07054

Avis Budget Group Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)