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Nexstar Media Group Inc  (NAS:NXST) E10: $1.17 (As of Sep. 2017)

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.

Nexstar Media Group Inc's adjusted earnings per share data for the three months ended in Sep. 2017 was $0.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.17 for the trailing ten years ended in Sep. 2017.

As of today, Nexstar Media Group Inc's current stock price is $65.95. Nexstar Media Group Inc's E10 for the quarter that ended in Sep. 2017 was $1.17. Nexstar Media Group Inc's Shiller PE Ratio of today is 56.37.

During the past 13 years, the highest Shiller PE Ratio of Nexstar Media Group Inc was 681.63. The lowest was 49.40. And the median was 75.87.


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.

Nexstar Media Group Inc Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.03 -0.21 0.08 0.53 0.87

Nexstar Media Group Inc Quarterly Data

Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.82 0.87 0.92 1.03 1.17

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.


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.

For example, Nexstar Media Group Inc's adjusted earnings per share data for the three months ended in Sep. 2017 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2017 (Change)*Current CPI (Sep. 2017)
=0.98/246.819*246.819
=0.980

Current CPI (Sep. 2017) = 246.819.

Nexstar Media Group Inc Quarterly Data

per share eps CPI Adj_EPS
200712 -0.100 210.036 -0.118
200803 -0.540 213.528 -0.624
200806 0.140 218.815 0.158
200809 -1.590 218.783 -1.794
200812 -0.750 210.228 -0.881
200903 0.210 212.709 0.244
200906 -0.040 215.693 -0.046
200909 -0.650 215.969 -0.743
200912 0.040 215.949 0.046
201003 -0.130 217.631 -0.147
201006 -0.330 217.965 -0.374
201009 -0.110 218.439 -0.124
201012 0.510 219.179 0.574
201103 -0.220 223.467 -0.243
201106 -0.090 225.722 -0.098
201109 -0.220 226.889 -0.239
201112 0.110 225.672 0.120
201203 0.100 229.392 0.108
201206 0.290 229.478 0.312
201209 0.310 231.407 0.331
201212 5.240 229.601 5.633
201303 0.020 232.773 0.021
201306 0.200 233.504 0.211
201309 0.110 234.149 0.116
201312 -0.420 233.049 -0.445
201403 0.230 236.293 0.240
201406 0.340 238.343 0.352
201409 0.480 238.031 0.498
201412 0.970 234.812 1.020
201503 0.400 236.119 0.418
201506 0.630 238.638 0.652
201509 0.540 237.945 0.560
201512 0.850 236.525 0.887
201603 0.690 238.132 0.715
201606 0.780 241.018 0.799
201609 0.780 241.428 0.797
201612 0.640 241.432 0.654
201703 0.130 243.801 0.132
201706 0.910 244.955 0.917
201709 0.980 246.819 0.980

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

Nexstar Media Group Inc's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=65.95/1.17
=56.37

* 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 Nexstar Media Group Inc was 681.63. The lowest was 49.40. And the median was 75.87.


Be Aware

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


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