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IES Holdings E10

: $0.65 (As of Sep. 2020)
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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 Sep. 2020 was $0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.65 for the trailing ten years ended in Sep. 2020.

As of today (2021-01-23), IES Holdings's current stock price is $49.920000. IES Holdings's E10 for the quarter that ended in Sep. 2020 was $0.65. IES Holdings's Shiller PE Ratio of today is 76.80.

During the past 13 years, the highest Shiller PE Ratio of IES Holdings was 1854.00. The lowest was 40.50. And the median was 100.04.


IES Holdings E10 Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

IES Holdings Annual Data
Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.08 0.02 -0.06 0.20 0.65

IES Holdings Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 0.20 0.25 0.38 0.50 0.65

Competitive Comparison
* 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.


IES Holdings E10 Distribution

* The bar in red indicates where IES Holdings's E10 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 Sep. 2020 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=0.68/109.8605*109.8605
=0.680

Current CPI (Sep. 2020) = 109.8605.

IES Holdings Quarterly Data

per share eps CPI Adj_EPS
201012 -0.300 92.914 -0.355
201103 -0.700 94.890 -0.810
201106 -0.780 95.319 -0.899
201109 -0.830 95.529 -0.955
201112 -0.260 95.632 -0.299
201203 -0.230 97.075 -0.260
201206 -0.220 96.661 -0.250
201209 -0.070 97.595 -0.079
201212 0.030 97.158 0.034
201303 -0.070 98.107 -0.078
201306 -0.070 98.557 -0.078
201309 -0.120 98.536 -0.134
201312 0.010 98.692 0.011
201403 0.020 100.023 0.022
201406 0.140 100.520 0.153
201409 0.120 100.176 0.132
201412 0.150 98.604 0.167
201503 0.080 99.824 0.088
201506 0.190 100.691 0.207
201509 0.350 100.346 0.383
201512 0.270 99.957 0.297
201603 0.100 100.947 0.109
201606 0.500 101.524 0.541
201609 4.740 101.988 5.106
201612 0.180 102.456 0.193
201703 0.020 103.167 0.021
201706 0.270 103.278 0.287
201709 0.140 104.070 0.148
201712 -1.390 104.578 -1.460
201803 0.110 105.708 0.114
201806 0.400 106.324 0.413
201809 0.220 106.695 0.227
201812 0.320 106.200 0.331
201903 0.260 107.818 0.265
201906 0.520 108.250 0.528
201909 0.460 108.577 0.465
201912 0.390 108.841 0.394
202003 0.290 108.173 0.295
202006 0.580 109.318 0.583
202009 0.680 109.861 0.680

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
=49.920000/0.65
=76.80

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

During the past 13 years, the highest Shiller P/E Ratio of IES Holdings was 1854.00. The lowest was 40.50. And the median was 100.04.


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


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