GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IES Holdings Inc (NAS:IESC) » Definitions » E10

IESC (IES Holdings) E10 : $3.89 (As of Mar. 2025)


View and export this data going back to 2006. Start your Free Trial

What is IES 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.

IES Holdings's adjusted earnings per share data for the three months ended in Mar. 2025 was $3.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.89 for the trailing ten years ended in Mar. 2025.

During the past 12 months, IES Holdings's average E10 Growth Rate was 44.60% per year. During the past 3 years, the average E10 Growth Rate was 34.70% per year. During the past 5 years, the average E10 Growth Rate was 66.70% 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 IES Holdings was 219.10% per year. The lowest was 1.60% per year. And the median was 42.85% per year.

As of today (2025-07-02), IES Holdings's current stock price is $293.875. IES Holdings's E10 for the quarter that ended in Mar. 2025 was $3.89. IES Holdings's Shiller PE Ratio of today is 75.55.

During the past 13 years, the highest Shiller PE Ratio of IES Holdings was 1885.00. The lowest was 16.21. And the median was 50.68.


IES Holdings E10 Historical Data

The historical data trend for IES 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.

IES Holdings E10 Chart

IES Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 1.33 1.69 2.24 3.25

IES Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.69 2.95 3.25 3.51 3.89

Competitive Comparison of IES Holdings's E10

For the Engineering & Construction subindustry, IES 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.


IES Holdings's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, IES Holdings's Shiller PE Ratio distribution charts can be found below:

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


;
;

IES 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, IES Holdings's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.5/134.9266*134.9266
=3.500

Current CPI (Mar. 2025) = 134.9266.

IES Holdings Quarterly Data

per share eps CPI Adj_EPS
201506 0.190 100.684 0.255
201509 0.350 100.392 0.470
201512 0.270 99.792 0.365
201603 0.100 100.470 0.134
201606 0.500 101.688 0.663
201609 4.740 101.861 6.279
201612 0.180 101.863 0.238
201703 0.020 102.862 0.026
201706 0.270 103.349 0.352
201709 0.140 104.136 0.181
201712 -1.390 104.011 -1.803
201803 0.110 105.290 0.141
201806 0.400 106.317 0.508
201809 0.220 106.507 0.279
201812 0.320 105.998 0.407
201903 0.260 107.251 0.327
201906 0.520 108.070 0.649
201909 0.460 108.329 0.573
201912 0.390 108.420 0.485
202003 0.290 108.902 0.359
202006 0.580 108.767 0.719
202009 0.680 109.815 0.835
202012 0.580 109.897 0.712
202103 0.580 111.754 0.700
202106 0.920 114.631 1.083
202109 1.070 115.734 1.247
202112 0.690 117.630 0.791
202203 -0.300 121.301 -0.334
202206 0.330 125.017 0.356
202209 0.720 125.227 0.776
202212 1.140 125.222 1.228
202303 0.920 127.348 0.975
202306 0.810 128.729 0.849
202309 1.660 129.860 1.725
202312 1.870 129.419 1.950
202403 2.290 131.776 2.345
202406 2.670 132.554 2.718
202409 3.060 133.029 3.104
202412 2.720 133.157 2.756
202503 3.500 134.927 3.500

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


IES Holdings  (NAS:IESC) 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.

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

Shiller PE Ratio=Share Price/E10
=293.875/3.89
=75.55

* 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 IES Holdings was 1885.00. The lowest was 16.21. And the median was 50.68.


Be Aware

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


IES Holdings E10 Related Terms

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


IES Holdings Business Description

Traded in Other Exchanges
Address
2 Riverway, Suite 1730, Houston, TX, USA, 77056
IES Holdings Inc owns and manages subsidiaries that design and installs integrated electrical and technology systems and provide infrastructure products and services. It has four business segments; Communications, Residential, Infrastructure Solutions, and Commercial & Industrial. The majority of the revenue for the company is generated from its Residential segment in which the company provides electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation, and air conditioning (HVAC) and plumbing installation services. This segment also provides services for installing residential solar power, both for new construction and existing residences.
Executives
Gendell Jeffrey L Et Al director, 10 percent owner 200 PARK AVENUE SUITE 3900, NEW YORK NY 10166
Tracy Mclauchlin officer: SVP, CFO & Treasurer 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Matthew J Simmes officer: Chief Operating Officer 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Mary K Newman officer: VP, General Counsel & Corp Sec 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Todd M Cleveland director 107 W. FRANKLIN ST., ELKHART IN 46515
David B. Gendell director 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Alison M Petersen officer: VP & Chief Accounting Officer 2 RIVERWAY, SUITE 1730, HOUSTON TX 77056
Jennifer A Baldock director 7 WITHERELL DRIVE, GREENWICH CT 06831
Elizabeth Leykum director C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Gary S Matthews director, officer: CEO and Director 5433 WESTHEIMER ROAD, SUITE 500, HOUSTON TX 77056
Donald L Luke director 5433 WESTHEIMER RD, SUITE 500, HOUSTON TX 77056
Gail D Makode officer: SVP, GC & Secretary ONE SOUND SHORE DR, SUITE 304, GREENWICH CT 06830
Tontine Capital Management Llc 10 percent owner C/O TORTINE PARTNERS LP, 55 RAILRAOD AVENUE 3RD FL, GREENWICH CT 06830
Tontine Capital Partners L P 10 percent owner C/O TONTINE CAPITAL MANAGEMENT LLC LP, 55 RAILROAD AVENUE 3RD FL, GREENWICH CT 06830
Tontine Associates, Llc 10 percent owner 1 SOUND SHORE DRIVE, SUITE 304, GREENWICH CT 06830