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Carlisle (Carlisle) E10

: $9.44 (As of Dec. 2023)
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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.

Carlisle's adjusted earnings per share data for the three months ended in Dec. 2023 was $4.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $9.44 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Carlisle's average E10 Growth Rate was 17.10% per year. During the past 3 years, the average E10 Growth Rate was 19.20% per year. During the past 5 years, the average E10 Growth Rate was 15.70% per year. During the past 10 years, the average E10 Growth Rate was 12.90% 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 Carlisle was 19.20% per year. The lowest was 0.90% per year. And the median was 11.55% per year.

As of today (2024-04-19), Carlisle's current stock price is $367.455. Carlisle's E10 for the quarter that ended in Dec. 2023 was $9.44. Carlisle's Shiller PE Ratio of today is 38.93.

During the past 13 years, the highest Shiller PE Ratio of Carlisle was 42.27. The lowest was 19.86. And the median was 29.51.


Carlisle E10 Historical Data

The historical data trend for Carlisle'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.

Carlisle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.20 5.58 6.42 8.06 9.44

Carlisle Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.06 8.28 8.74 9.19 9.44

Competitive Comparison

For the Building Products & Equipment subindustry, Carlisle'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.


Carlisle Shiller PE Ratio Distribution

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

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



Carlisle 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, Carlisle'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)
=4.2/129.4194*129.4194
=4.200

Current CPI (Dec. 2023) = 129.4194.

Carlisle Quarterly Data

per share eps CPI Adj_EPS
201403 0.550 99.695 0.714
201406 1.140 100.560 1.467
201409 1.320 100.428 1.701
201412 0.810 99.070 1.058
201503 0.590 99.621 0.766
201506 1.430 100.684 1.838
201509 1.560 100.392 2.011
201512 1.240 99.792 1.608
201603 1.050 100.470 1.353
201606 1.750 101.688 2.227
201609 -0.150 101.861 -0.191
201612 1.160 101.863 1.474
201703 0.940 102.862 1.183
201706 1.580 103.349 1.979
201709 1.370 104.136 1.703
201712 1.820 104.011 2.265
201803 4.940 105.290 6.072
201806 1.850 106.317 2.252
201809 1.640 106.507 1.993
201812 1.470 105.998 1.795
201903 1.360 107.251 1.641
201906 2.650 108.070 3.174
201909 2.400 108.329 2.867
201912 1.780 108.420 2.125
202003 1.090 108.902 1.295
202006 1.360 108.767 1.618
202009 1.870 109.815 2.204
202012 1.490 109.897 1.755
202103 0.970 111.754 1.123
202106 1.870 114.631 2.111
202109 2.670 115.734 2.986
202112 2.410 117.630 2.652
202203 3.660 121.301 3.905
202206 5.730 125.017 5.932
202209 4.830 125.227 4.992
202212 3.330 125.222 3.442
202303 1.960 127.348 1.992
202306 3.790 128.729 3.810
202309 5.290 129.860 5.272
202312 4.200 129.419 4.200

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


Carlisle  (NYSE:CSL) 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.

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

Shiller PE Ratio=Share Price/E10
=367.455/9.44
=38.93

* 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 Carlisle was 42.27. The lowest was 19.86. And the median was 29.51.


Be Aware

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


Carlisle E10 Related Terms

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


Carlisle (Carlisle) Business Description

Traded in Other Exchanges
Address
16430 North Scottsdale Road, Suite 400, Scottsdale, AZ, USA, 85254
Carlisle Companies Inc is a holding company. Through its subsidiaries, it manufactures and sells rubber and plastic engineered products. The company is organized into three segments include Carlisle Construction Materials, Carlisle Interconnect Technologies, and Carlisle Fluid Technologies. The company's product portfolio includes commercial roofing systems, wires, cables, connectors, industrial liquid finishing material, and other products used in construction, transportation, aerospace, defense, medical, and various other industrial sectors. A vast majority of the company's revenue comes from the Carlisle Construction Materials segment, and more than half of the total revenue is earned in the United States.
Executives
David W Smith officer: VP, Sustainability 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
Mehul Patel officer: VP, Investor Relations 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
Stephen Aldrich officer: VP & Chief Accounting Officer 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
John E Berlin officer: President, CIT 301 KEELERS COURT, PONTE VEDRA BEACH FL 32082
Lori A Snyder officer: V. P., Human Resources 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Charles David Myers director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Kevin P Zdimal officer: V.P., Business Development 9210 UNBRIDLE LANE, WAXHAW NC 28173
Stephen Schwar officer: President, CCM 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Frank J. Ready officer: President, CWT 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
D Christian Koch officer: CEO & President P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Nicholas J. Shears officer: President, CCM 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Kelly P Kamienski officer: Principal Accounting Officer 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Robert M. Roche officer: VP & Chief Financial Officer 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Scott C Selbach officer: V.P., Corporate Development 7002 SETON HOUSE LANE, CHARLOTTE NC 28277
Laura Walsh officer: VP & Chief Information Officer 16430 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85254