Switch to:

Raytheon Co E10

: $7.79 (As of Dec. 2019)
View and export this data going back to 1952. 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.

Raytheon Co's adjusted earnings per share data for the three months ended in Dec. 2019 was $3.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $7.79 for the trailing ten years ended in Dec. 2019.

As of today (2020-11-29), Raytheon Co's current stock price is $116.96. Raytheon Co's E10 for the quarter that ended in Dec. 2019 was $7.79. Raytheon Co's Shiller PE Ratio of today is 15.01.

During the past 13 years, the highest Shiller PE Ratio of Raytheon Co was 34.82. The lowest was 13.28. And the median was 21.36.


Raytheon Co 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.

Raytheon Co Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.64 6.20 6.35 7.00 7.79

Raytheon Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 7.00 7.25 7.43 7.61 7.79

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.


Raytheon Co E10 Distribution

* The bar in red indicates where Raytheon Co's E10 falls into.



Raytheon Co 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, Raytheon Co's adjusted earnings per share data for the three months ended in Dec. 2019 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=3.16/108.8407*108.8407
=3.160

Current CPI (Dec. 2019) = 108.8407.

Raytheon Co Quarterly Data

per share eps CPI Adj_EPS
201003 1.160 91.980 1.373
201006 0.550 91.981 0.651
201009 1.940 92.277 2.288
201012 1.250 92.914 1.464
201103 1.060 94.890 1.216
201106 1.230 95.319 1.404
201109 1.430 95.529 1.629
201112 1.570 95.632 1.787
201203 1.320 97.075 1.480
201206 1.410 96.661 1.588
201209 1.500 97.595 1.673
201212 1.420 97.158 1.591
201303 1.490 98.107 1.653
201306 1.500 98.557 1.657
201309 1.510 98.536 1.668
201312 1.660 98.692 1.831
201403 1.890 100.023 2.057
201406 1.760 100.520 1.906
201409 1.650 100.176 1.793
201412 1.880 98.604 2.075
201503 1.790 99.824 1.952
201506 1.650 100.691 1.784
201509 1.470 100.346 1.594
201512 1.890 99.957 2.058
201603 1.430 100.947 1.542
201606 2.410 101.524 2.584
201609 1.840 101.988 1.964
201612 1.840 102.456 1.955
201703 1.740 103.167 1.836
201706 1.890 103.278 1.992
201709 1.970 104.070 2.060
201712 1.350 104.578 1.405
201803 2.190 105.708 2.255
201806 2.780 106.324 2.846
201809 2.250 106.695 2.295
201812 2.930 106.200 3.003
201903 2.770 107.818 2.796
201906 2.920 108.250 2.936
201909 3.080 108.577 3.087
201912 3.160 108.841 3.160

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


Raytheon Co  (NYSE:RTN) 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.

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

Shiller PE Ratio=Share Price/E10
=116.96/7.79
=15.01

* 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 Raytheon Co was 34.82. The lowest was 13.28. And the median was 21.36.


Be Aware

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


Raytheon Co E10 Related Terms


Raytheon Co E10 Headlines

No Headline

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)