GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SkyWest Inc (NAS:SKYW) » Definitions » E10

SKYW (SkyWest) E10 : $3.36 (As of Sep. 2024)


View and export this data going back to 1986. Start your Free Trial

What is SkyWest 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.

SkyWest's adjusted earnings per share data for the three months ended in Sep. 2024 was $2.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.36 for the trailing ten years ended in Sep. 2024.

During the past 12 months, SkyWest's average E10 Growth Rate was 22.60% per year. During the past 3 years, the average E10 Growth Rate was 9.60% per year. During the past 5 years, the average E10 Growth Rate was 8.90% per year. During the past 10 years, the average E10 Growth Rate was 8.50% 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 SkyWest was 36.80% per year. The lowest was -18.40% per year. And the median was 12.35% per year.

As of today (2024-12-12), SkyWest's current stock price is $107.24. SkyWest's E10 for the quarter that ended in Sep. 2024 was $3.36. SkyWest's Shiller PE Ratio of today is 31.92.

During the past 13 years, the highest Shiller PE Ratio of SkyWest was 56.63. The lowest was 5.49. And the median was 19.42.


SkyWest E10 Historical Data

The historical data trend for SkyWest'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.

SkyWest E10 Chart

SkyWest 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 2.28 2.09 2.53 2.72 2.75

SkyWest 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 2.74 2.75 3.00 3.24 3.36

Competitive Comparison of SkyWest's E10

For the Airlines subindustry, SkyWest'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.


SkyWest's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SkyWest's Shiller PE Ratio distribution charts can be found below:

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



SkyWest 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, SkyWest'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)
=2.16/133.0289*133.0289
=2.160

Current CPI (Sep. 2024) = 133.0289.

SkyWest Quarterly Data

per share eps CPI Adj_EPS
201412 -0.540 99.070 -0.725
201503 0.180 99.621 0.240
201506 0.610 100.684 0.806
201509 0.710 100.392 0.941
201512 0.780 99.792 1.040
201603 0.520 100.470 0.689
201606 0.770 101.688 1.007
201609 0.790 101.861 1.032
201612 -5.220 101.863 -6.817
201703 0.650 102.862 0.841
201706 0.950 103.349 1.223
201709 1.010 104.136 1.290
201712 5.460 104.011 6.983
201803 1.030 105.290 1.301
201806 1.430 106.317 1.789
201809 1.570 106.507 1.961
201812 1.280 105.998 1.606
201903 1.690 107.251 2.096
201906 1.710 108.070 2.105
201909 1.790 108.329 2.198
201912 1.430 108.420 1.755
202003 0.590 108.902 0.721
202006 -0.510 108.767 -0.624
202009 0.660 109.815 0.800
202012 -0.930 109.897 -1.126
202103 0.710 111.754 0.845
202106 1.220 114.631 1.416
202109 0.190 115.734 0.218
202112 0.090 117.630 0.102
202203 0.350 121.301 0.384
202206 1.070 125.017 1.139
202209 0.960 125.227 1.020
202212 -0.930 125.222 -0.988
202303 -0.450 127.348 -0.470
202306 0.350 128.729 0.362
202309 0.550 129.860 0.563
202312 0.420 129.419 0.432
202403 1.450 131.776 1.464
202406 1.820 132.554 1.827
202409 2.160 133.029 2.160

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


SkyWest  (NAS:SKYW) 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.

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

Shiller PE Ratio=Share Price/E10
=107.24/3.36
=31.92

* 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 SkyWest was 56.63. The lowest was 5.49. And the median was 19.42.


Be Aware

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


SkyWest E10 Related Terms

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


SkyWest Business Description

Traded in Other Exchanges
Address
444 South River Road, St. George, UT, USA, 84790
SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. Generally, SkyWest provides regional flights, and utilizes its smaller, lower-cost aircraft to carry passengers that booked tickets through airlines. It partners with carriers across the world to fly and operate aircraft for a fee. SkyWest may use the carriers brand and ground support to coordinate marketing and easily transport passengers. The company has two reportable segments: SkyWest Airlines and SkyWest Leasing.
Executives
Russell A Childs officer: Pres. & COO of SkyWest Airline 444 SOUTH RIVER ROAD, ST GEORGE UT 84790
Eric Woodward officer: Chief Accounting Officer 444 SOUTH RIVER ROAD, ST. GEORGE UT 84790
Ronald J Mittelstaedt director 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Robert J Simmons officer: Chief Financial Officer C/O SKYWEST, INC., 444 SOUTH RIVER ROAD, SAINT GEORGE UT 84790
Wade J Steel officer: Executive Vice President 1847 VIEW POINT CIRCLE, SANTA CLARA UT 84765
James L Welch director 5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
Greg Wooley officer: Exec VP Operations C/O SKYWEST INC., 444 S. RIVER RD, ST. GEORGE UT 84790
Jerry C Atkin director, officer: Chairman, President and CEO 684 S OAKRIDGE DRIVE, PINE VALLEY UT 84781
Henry J Eyring director
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708
W Steve Albrecht director 3901 NO FIRST ST, SAN JOSE CA 95134
Michael S Thompson officer: Chief Operating Officer, other: Skwest Airlines 2311 S COYOTE LOOP, WASHINGTON UT 84780
Terry Vais officer: Chief Commercial Officer 251 HIGHWOODS PKWY, NEWNAN GA 30265
Andrew C Roberts director C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790
Meredith R. Siegfried director C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790