GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Otter Tail Corp (NAS:OTTR) » Definitions » E10

Otter Tail (Otter Tail) E10 : $3.51 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Otter Tail 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.

Otter Tail's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Otter Tail's average E10 Growth Rate was 21.00% per year. During the past 3 years, the average E10 Growth Rate was 33.70% per year. During the past 5 years, the average E10 Growth Rate was 29.00% per year. During the past 10 years, the average E10 Growth Rate was 12.50% 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 Otter Tail was 33.70% per year. The lowest was -12.40% per year. And the median was 8.55% per year.

As of today (2024-04-28), Otter Tail's current stock price is $84.58. Otter Tail's E10 for the quarter that ended in Dec. 2023 was $3.51. Otter Tail's Shiller PE Ratio of today is 24.10.

During the past 13 years, the highest Shiller PE Ratio of Otter Tail was 49.38. The lowest was 19.51. And the median was 29.49.


Otter Tail E10 Historical Data

The historical data trend for Otter Tail'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.

Otter Tail E10 Chart

Otter Tail Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.47 2.06 2.90 3.51

Otter Tail Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.90 3.04 3.24 3.43 3.51

Competitive Comparison of Otter Tail's E10

For the Utilities - Diversified subindustry, Otter Tail'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.


Otter Tail's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Otter Tail's Shiller PE Ratio distribution charts can be found below:

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



Otter Tail 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, Otter Tail'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)
=1.37/129.4194*129.4194
=1.370

Current CPI (Dec. 2023) = 129.4194.

Otter Tail Quarterly Data

per share eps CPI Adj_EPS
201403 0.590 99.695 0.766
201406 0.270 100.560 0.347
201409 0.430 100.428 0.554
201412 0.280 99.070 0.366
201503 0.480 99.621 0.624
201506 0.300 100.684 0.386
201509 0.410 100.392 0.529
201512 0.390 99.792 0.506
201603 0.380 100.470 0.489
201606 0.410 101.688 0.522
201609 0.370 101.861 0.470
201612 0.440 101.863 0.559
201703 0.490 102.862 0.617
201706 0.420 103.349 0.526
201709 0.450 104.136 0.559
201712 0.460 104.011 0.572
201803 0.660 105.290 0.811
201806 0.470 106.317 0.572
201809 0.580 106.507 0.705
201812 0.350 105.998 0.427
201903 0.660 107.251 0.796
201906 0.390 108.070 0.467
201909 0.620 108.329 0.741
201912 0.510 108.420 0.609
202003 0.600 108.902 0.713
202006 0.420 108.767 0.500
202009 0.870 109.815 1.025
202012 0.450 109.897 0.530
202103 0.730 111.754 0.845
202106 1.010 114.631 1.140
202109 1.260 115.734 1.409
202112 1.230 117.630 1.353
202203 1.720 121.301 1.835
202206 2.050 125.017 2.122
202209 2.010 125.227 2.077
202212 1.000 125.222 1.034
202303 1.490 127.348 1.514
202306 1.950 128.729 1.960
202309 2.190 129.860 2.183
202312 1.370 129.419 1.370

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


Otter Tail  (NAS:OTTR) 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.

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

Shiller PE Ratio=Share Price/E10
=84.58/3.51
=24.10

* 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 Otter Tail was 49.38. The lowest was 19.51. And the median was 29.49.


Be Aware

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


Otter Tail E10 Related Terms

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


Otter Tail (Otter Tail) Business Description

Traded in Other Exchanges
Address
215 South Cascade Street, P.O. Box 496, Fergus Falls, MN, USA, 56538-0496
Otter Tail Corp is a U.S. energy company that primarily operates in the electric (produces and sells electricity), manufacturing (fabricates metal components), and plastics segments (pipes for water uses). The company primarily conducts its operations and acquires the majority of its revenue in the U.S. in the states of Minnesota, South Dakota, and North Dakota. The majority of the company's revenue is derived from the Electric segment and commercial customers, although it generates revenue from residential and industrial customers, as well.
Executives
John D Erickson director, officer: President & CEO 215 S CASCADE ST, FERGUS FALLS MN 56537
Mary E Ludford director 215 S CASCADE STREET, FERGUS FALLS MN 56537
Jeanne H Crain director 215 S CASCADE STREET, FERGUS FALLS MN 56537
Michael E Lebeau director 215 S CASCADE STREET, FERGUS FALLS MN 56537
Timothy J O'keefe director 215 S CASCADE ST, FERGUS FALLS MN 56537-2801
John S Abbott officer: Pres Varistar, Sr VP, M/I Plat 215 S CASCADE ST, FERGUS FALLS MN 56537-2801
Paul L Knutson officer: VP of Human Resources 215 S CASCADE ST, FERGUS FALLS MN 56537-2801
Kevin G Moug officer: CFO & Treasurer 215 S CASCADE ST, FERGUS FALLS MN 56537
Thomas J Webb director ONE ENERGY PLAZA, JACKSON MI 49201
Jennifer O. Smestad officer: VP, Gen Coun & Corp Sec 215 S. CASCADE STREET, FERGUS FALLS MN 56537
George A Koeck officer: Corp Secretary & Gen Counsel 215 S CASCADE ST, FERGUS FALLS MN 56537
Timothy J Rogelstad officer: Sr VP, Elect Plat; Pres OTP 215 S CASCADE ST, FERGUS FALLS MN 56537-2801
Steven L Fritze director 370 WBASHA ST NORTH, ST PAUL MN 55102
Arvid R Liebe director 215 S CASCADE ST, FERGUS FALLS MN 56537
Kathryn O Johnson director 215 S CASCADE STREET, FERGUS FALLS MN 56537-2801