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RSG (Republic Services) E10 : $4.22 (As of Sep. 2024)


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What is Republic Services 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.

Republic Services's adjusted earnings per share data for the three months ended in Sep. 2024 was $1.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.22 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Republic Services's average E10 Growth Rate was 11.90% per year. During the past 3 years, the average E10 Growth Rate was 15.10% per year. During the past 5 years, the average E10 Growth Rate was 12.90% per year. During the past 10 years, the average E10 Growth Rate was 11.10% 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 Republic Services was 15.10% per year. The lowest was 3.50% per year. And the median was 7.60% per year.

As of today (2024-12-12), Republic Services's current stock price is $210.13. Republic Services's E10 for the quarter that ended in Sep. 2024 was $4.22. Republic Services's Shiller PE Ratio of today is 49.79.

During the past 13 years, the highest Shiller PE Ratio of Republic Services was 51.73. The lowest was 26.47. And the median was 39.13.


Republic Services E10 Historical Data

The historical data trend for Republic Services'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.

Republic Services E10 Chart

Republic Services 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 2.32 2.50 2.90 3.36 3.81

Republic Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.77 3.81 3.97 4.09 4.22

Competitive Comparison of Republic Services's E10

For the Waste Management subindustry, Republic Services'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.


Republic Services's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Republic Services's Shiller PE Ratio distribution charts can be found below:

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



Republic Services 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, Republic Services's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.8/133.0289*133.0289
=1.800

Current CPI (Sep. 2024) = 133.0289.

Republic Services Quarterly Data

per share eps CPI Adj_EPS
201412 0.140 99.070 0.188
201503 0.490 99.621 0.654
201506 0.540 100.684 0.713
201509 0.610 100.392 0.808
201512 0.490 99.792 0.653
201603 0.450 100.470 0.596
201606 0.520 101.688 0.680
201609 0.250 101.861 0.326
201612 0.550 101.863 0.718
201703 0.550 102.862 0.711
201706 0.600 103.349 0.772
201709 0.660 104.136 0.843
201712 1.980 104.011 2.532
201803 0.720 105.290 0.910
201806 0.710 106.317 0.888
201809 0.810 106.507 1.012
201812 0.920 105.998 1.155
201903 0.720 107.251 0.893
201906 0.780 108.070 0.960
201909 0.930 108.329 1.142
201912 0.900 108.420 1.104
202003 0.770 108.902 0.941
202006 0.710 108.767 0.868
202009 0.810 109.815 0.981
202012 0.740 109.897 0.896
202103 0.930 111.754 1.107
202106 1.030 114.631 1.195
202109 1.100 115.734 1.264
202112 0.980 117.630 1.108
202203 1.110 121.301 1.217
202206 1.170 125.017 1.245
202209 1.320 125.227 1.402
202212 1.090 125.222 1.158
202303 1.210 127.348 1.264
202306 1.350 128.729 1.395
202309 1.520 129.860 1.557
202312 1.390 129.419 1.429
202403 1.440 131.776 1.454
202406 1.620 132.554 1.626
202409 1.800 133.029 1.800

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


Republic Services  (NYSE:RSG) 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.

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

Shiller PE Ratio=Share Price/E10
=210.13/4.22
=49.79

* 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 Republic Services was 51.73. The lowest was 26.47. And the median was 39.13.


Be Aware

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


Republic Services E10 Related Terms

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


Republic Services Business Description

Traded in Other Exchanges
Address
18500 North Allied Way, Phoenix, AZ, USA, 85054
Republic Services is the second-largest integrated provider of traditional solid waste services in the United States, operating roughly 207 active landfills and 246 transfer stations. The company serves residential, commercial, and industrial end markets. It also runs a sizable recycling operation in North America.
Executives
Brian M Delghiaccio officer: EVP Chief Financial Officer 18500 N. ALLIED WAY, PHOENIX AZ 85054
Tomago Collins director 18500 NORTH ALLIED WAY, PHOENIX AZ 85054
Katharine Weymouth director 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Sandra M Volpe director 18500 N. ALLIED WAY, PHOENIX AZ 85054
Amanda Hodges officer: EVP, Chief Marketing Officer 18500 N. ALLIED WAY, PHOENIX AZ 85054
Ark Jon Vander officer: EVP-Chief Operating Officer 18500 N. ALLIED WAY, PHOENIX AZ 85054
Gregg Brummer officer: EVP, COO 18500 N. ALLIED WAY, PHOENIX AZ 85054
Margaret Reynolds director 18500 N. ALLIED WAY, PHOENIX AZ 85054
Rodriguez Courtney officer: EVP, Chief HR Officer 18500 N. ALLIED WAY, PHOENIX AZ 85054
Jennifer M Kirk director 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Michael A Duffy director C/O 18500 N. ALLIED WAY, PHOENIX AZ 85054
Timothy E Stuart officer: COO 18500 N ALLIED WAY, PHOENIX AZ 85054
Brian A Goebel officer: CAO 7025 E. GREENWAY PARKWAY, SUITE 100, SCOTTSDALE AZ 85254
Cascade Investment, L.l.c. 10 percent owner 2365 CARILLON POINT, KIRKLAND WA 98033
Katrina Liddell officer: EVP, Chief Commercial Officer 18500 N. ALLIED WAY, PHOENIX AZ 85054