GURUFOCUS.COM » STOCK LIST » Technology » Software » PTC Inc (NAS:PTC) » Definitions » E10

PTC (PTC) E10 : $1.37 (As of Mar. 2024)


View and export this data going back to 1989. Start your Free Trial

What is PTC 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.

PTC's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PTC's average E10 Growth Rate was 7.00% per year. During the past 3 years, the average E10 Growth Rate was 39.00% per year. During the past 5 years, the average E10 Growth Rate was 31.10% per year. During the past 10 years, the average E10 Growth Rate was 5.60% 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 PTC was 49.40% per year. The lowest was -27.70% per year. And the median was -5.10% per year.

As of today (2024-05-19), PTC's current stock price is $184.22. PTC's E10 for the quarter that ended in Mar. 2024 was $1.37. PTC's Shiller PE Ratio of today is 134.47.

During the past 13 years, the highest Shiller PE Ratio of PTC was 305.69. The lowest was 43.25. And the median was 114.59.


PTC E10 Historical Data

The historical data trend for PTC'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.

PTC E10 Chart

PTC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.48 0.82 1.20 1.29

PTC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.28 1.31 1.29 1.30 1.37

Competitive Comparison of PTC's E10

For the Software - Application subindustry, PTC'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.


PTC's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, PTC's Shiller PE Ratio distribution charts can be found below:

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



PTC 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, PTC's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.95/131.7762*131.7762
=0.950

Current CPI (Mar. 2024) = 131.7762.

PTC Quarterly Data

per share eps CPI Adj_EPS
201406 0.320 100.560 0.419
201409 0.330 100.428 0.433
201412 0.260 99.070 0.346
201503 0.050 99.621 0.066
201506 0.150 100.684 0.196
201509 0.080 100.392 0.105
201512 -0.210 99.792 -0.277
201603 -0.050 100.470 -0.066
201606 0.030 101.688 0.039
201609 -0.250 101.861 -0.323
201612 -0.080 101.863 -0.103
201703 -0.010 102.862 -0.013
201706 -0.010 103.349 -0.013
201709 0.150 104.136 0.190
201712 0.120 104.011 0.152
201803 0.070 105.290 0.088
201806 0.140 106.317 0.174
201809 0.110 106.507 0.136
201812 0.180 105.998 0.224
201903 -0.370 107.251 -0.455
201906 -0.130 108.070 -0.159
201909 0.090 108.329 0.109
201912 0.310 108.420 0.377
202003 0.060 108.902 0.073
202006 0.300 108.767 0.363
202009 0.450 109.815 0.540
202012 0.200 109.897 0.240
202103 0.920 111.754 1.085
202106 0.430 114.631 0.494
202109 2.460 115.734 2.801
202112 0.390 117.630 0.437
202203 0.760 121.301 0.826
202206 0.600 125.017 0.632
202209 0.900 125.227 0.947
202212 0.630 125.222 0.663
202303 0.530 127.348 0.548
202306 0.510 128.729 0.522
202309 0.380 129.860 0.386
202312 0.550 129.419 0.560
202403 0.950 131.776 0.950

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


PTC  (NAS:PTC) 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.

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

Shiller PE Ratio=Share Price/E10
=184.22/1.37
=134.47

* 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 PTC was 305.69. The lowest was 43.25. And the median was 114.59.


Be Aware

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


PTC E10 Related Terms

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


PTC (PTC) Business Description

Traded in Other Exchanges
Address
121 Seaport Boulevard, Boston, MA, USA, 02210
PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).
Executives
Robert Schechter director C/O NMS COMMUNICATIONS, 100 CROSSING BLVD, FRAMINGHAM MA 01702
Kristian Talvitie officer: Chief Financial Officer 121 SEAPORT BOULEVARD, BOSTON MA 02210
Michael Ditullio officer: EVP 121 SEAPORT BLVD, BOSTON MA 02210
Von Staats Aaron C officer: SVP, General Counsel and Clerk C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST, NEEDHAM MA 02494
Catherine Kniker officer: Chief Strategy Officer C/O 121 SEAPORT BOULEVARD, BOSTON MA 02210
Paul A Lacy director KRONOS INCORP, 297 BILLERICA RD, CHELMSFORD MA 01824
Lathan Corinna director 140 KENDRICK STREET, NEEDHAM MA 02494
Blake D. Moret director C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Neil Barua director, officer: CEO-Elect C/O SERVICEMAX, INC., 4450 ROSEWOOD DRIVE #200, PLEASANTON CA 94588
Janesh Moorjani director C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Michal Katz director 42 ROCK SHELTER ROAD, WACCABUC NY 10597
James E Heppelmann officer: EVP, Chief Product Officer C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST., NEEDHAM MA 02494
Amarpreet Hanspal director AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Phillip M Fernandez director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Mark D Benjamin director NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803

PTC (PTC) Headlines

From GuruFocus

PTC Inc Virtual FY22 Investor Day Transcript

By GuruFocus Research 01-23-2024

PTC Inc at Citi Global Technology Conference Transcript

By GuruFocus Research 01-23-2024

PTC Inc at Nasdaq Investor Conference Transcript

By GuruFocus Research 01-23-2024

PTC Inc at Citi Global Technology Conference Transcript

By GuruFocus Research 01-23-2024

PTC Inc Investor Day Transcript

By GuruFocus Research 01-23-2024

PTC Inc at Nasdaq Investor Conference (Virtual) Transcript

By GuruFocus Research 01-23-2024