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Quad/Graphics (Quad/Graphics) E10 : $-1.98 (As of Dec. 2023)


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What is Quad/Graphics 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.

Quad/Graphics's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.98 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -9.50% per year. During the past 5 years, the average E10 Growth Rate was -5.50% 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 Quad/Graphics was 2.20% per year. The lowest was -9.50% per year. And the median was -3.30% per year.

As of today (2024-04-27), Quad/Graphics's current stock price is $4.52. Quad/Graphics's E10 for the quarter that ended in Dec. 2023 was $-1.98. Quad/Graphics's Shiller PE Ratio of today is .


Quad/Graphics E10 Historical Data

The historical data trend for Quad/Graphics'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.

Quad/Graphics E10 Chart

Quad/Graphics 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 -1.85 -1.51 -1.42 -1.73 -1.98

Quad/Graphics 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 -1.73 -1.77 -1.72 -1.78 -1.98

Competitive Comparison of Quad/Graphics's E10

For the Specialty Business Services subindustry, Quad/Graphics'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.


Quad/Graphics's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quad/Graphics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Quad/Graphics's Shiller PE Ratio falls into.



Quad/Graphics 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, Quad/Graphics'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)
=-0.47/129.4194*129.4194
=-0.470

Current CPI (Dec. 2023) = 129.4194.

Quad/Graphics Quarterly Data

per share eps CPI Adj_EPS
201403 -0.190 99.695 -0.247
201406 -0.480 100.560 -0.618
201409 0.500 100.428 0.644
201412 0.540 99.070 0.705
201503 -0.740 99.621 -0.961
201506 -0.940 100.684 -1.208
201509 -11.500 100.392 -14.825
201512 -0.200 99.792 -0.259
201603 0.080 100.470 0.103
201606 -0.160 101.688 -0.204
201609 0.220 101.861 0.280
201612 0.730 101.863 0.927
201703 0.490 102.862 0.617
201706 0.130 103.349 0.163
201709 0.380 104.136 0.472
201712 1.060 104.011 1.319
201803 -0.070 105.290 -0.086
201806 0.180 106.317 0.219
201809 0.460 106.507 0.559
201812 -0.420 105.998 -0.513
201903 -0.450 107.251 -0.543
201906 -0.300 108.070 -0.359
201909 -2.520 108.329 -3.011
201912 0.150 108.420 0.179
202003 -0.250 108.902 -0.297
202006 -0.460 108.767 -0.547
202009 0.030 109.815 0.035
202012 -1.850 109.897 -2.179
202103 0.190 111.754 0.220
202106 0.660 114.631 0.745
202109 0.270 115.734 0.302
202112 -0.410 117.630 -0.451
202203 -0.020 121.301 -0.021
202206 0.100 125.017 0.104
202209 0.270 125.227 0.279
202212 -0.180 125.222 -0.186
202303 -0.500 127.348 -0.508
202306 -0.120 128.729 -0.121
202309 -0.060 129.860 -0.060
202312 -0.470 129.419 -0.470

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


Quad/Graphics  (NYSE:QUAD) 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.


Be Aware

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


Quad/Graphics E10 Related Terms

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


Quad/Graphics (Quad/Graphics) Business Description

Traded in Other Exchanges
Address
N61 W23044 Harry's Way, Sussex, WI, USA, 53089-3995
Quad/Graphics Inc provides print and marketing services to help customers market their products, services, and contents. The company primarily operates in the commercial segment of the printing industry. It operates through three divisions. The United States print and related services segment consists of the company's American operations. Besides the complete set of print and marketing solutions, this segment also manufactures ink. The international segment includes the company's printing business in Europe and Latin America. The corporate segment is engaged in the general and administrative activities as well as associated costs. The company almost generates all its revenue from the American domestic market.
Executives
Melanie Arlene Huet director 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Robert H Quadracci officer: Chief Human Resources Officer C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Anthony Staniak officer: Chief Financial Officer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
Beth-ann Eason director C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Dana B. Gruen officer: General Counsel & Corp Sec C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Donald M Mckenna officer: EVP, Chief Administrative ofcr C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Joshua J Golden officer: Chief Marketing Officer C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
J Joel Quadracci director, officer: Chairman, Pres & CEO QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Julie A Currie officer: EVP and Chief Revenue Officer N61 W23044 HARRY'S WAY, SUSSEX WI 53089
John S Shiely director 770 NORTH WATER ST, MILWAUKEE WI 53202
Christopher B Harned director C/O THE CYPRESS GROUP, 65 EAST 55TH ST, 28TH FLOOR, NEW YORK NY 10022
Thomas J Frankowski officer: Chief Operating Officer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Kelly A Vanderboom officer: EVP & Treasurer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Jennifer J. Kent officer: EVP of Admin. & Gen. Counsel QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
David J Honan officer: EVP & CFO QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089

Quad/Graphics (Quad/Graphics) Headlines