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Stewart Information Services (Stewart Information Services) E10 : $4.03 (As of Dec. 2023)


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What is Stewart Information 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.

Stewart Information Services's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.03 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Stewart Information Services's average E10 Growth Rate was -2.20% per year. During the past 3 years, the average E10 Growth Rate was 17.70% per year. During the past 5 years, the average E10 Growth Rate was 32.10% 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 Stewart Information Services was 54.20% per year. The lowest was -291.50% per year. And the median was 16.50% per year.

As of today (2024-04-28), Stewart Information Services's current stock price is $62.45. Stewart Information Services's E10 for the quarter that ended in Dec. 2023 was $4.03. Stewart Information Services's Shiller PE Ratio of today is 15.50.

During the past 13 years, the highest Shiller PE Ratio of Stewart Information Services was 646.80. The lowest was 8.33. And the median was 19.18.


Stewart Information Services E10 Historical Data

The historical data trend for Stewart Information 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.

Stewart Information Services E10 Chart

Stewart Information 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 1.74 2.47 3.85 4.12 4.03

Stewart Information Services 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 4.15 4.11 4.11 4.03 -

Competitive Comparison of Stewart Information Services's E10

For the Insurance - Property & Casualty subindustry, Stewart Information 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.


Stewart Information Services's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Stewart Information Services's Shiller PE Ratio distribution charts can be found below:

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



Stewart Information 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, Stewart Information Services'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)
=0.32/129.4194*129.4194
=0.320

Current CPI (Dec. 2023) = 129.4194.

Stewart Information Services Quarterly Data

per share eps CPI Adj_EPS
201403 -0.540 99.695 -0.701
201406 0.270 100.560 0.347
201409 0.970 100.428 1.250
201412 0.490 99.070 0.640
201503 -0.520 99.621 -0.676
201506 0.720 100.684 0.925
201509 -0.580 100.392 -0.748
201512 0.110 99.792 0.143
201603 -0.480 100.470 -0.618
201606 0.490 101.688 0.624
201609 1.120 101.861 1.423
201612 0.710 101.863 0.902
201703 0.170 102.862 0.214
201706 0.790 103.349 0.989
201709 0.460 104.136 0.572
201712 0.635 104.011 0.790
201803 -0.160 105.290 -0.197
201806 0.950 106.317 1.156
201809 0.740 106.507 0.899
201812 0.479 105.998 0.585
201903 -0.290 107.251 -0.350
201906 0.810 108.070 0.970
201909 2.780 108.329 3.321
201912 -0.001 108.420 -0.001
202003 0.220 108.902 0.261
202006 1.440 108.767 1.713
202009 2.210 109.815 2.605
202012 2.220 109.897 2.614
202103 2.010 111.754 2.328
202106 3.500 114.631 3.952
202109 3.260 115.734 3.645
202112 3.120 117.630 3.433
202203 2.110 121.301 2.251
202206 2.260 125.017 2.340
202209 1.080 125.227 1.116
202212 0.490 125.222 0.506
202303 -0.300 127.348 -0.305
202306 0.580 128.729 0.583
202309 0.510 129.860 0.508
202312 0.320 129.419 0.320

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


Stewart Information Services  (NYSE:STC) 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.

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

Shiller PE Ratio=Share Price/E10
=62.45/4.03
=15.50

* 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 Stewart Information Services was 646.80. The lowest was 8.33. And the median was 19.18.


Be Aware

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


Stewart Information Services E10 Related Terms

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


Stewart Information Services (Stewart Information Services) Business Description

Traded in Other Exchanges
Address
1360 Post Oak Boulevard, Suite 100, Houston, TX, USA, 77056
Stewart Information Services Corp is a customer-focused, title insurance and real estate services company offering products and services to home buyers and sellers, mortgage lenders and servicers, attorneys, and home builders. It has three operating segments; Title insurance and related services include the functions of searching, examining, closing, and insuring the condition of the title to real property. It also includes home and personal insurance services, Real estate solutions segment supports the real estate mortgage industry by providing appraisal management services, online notarization and closing solutions, credit, and real estate information services, search and valuation services, and Corporate and Other segment is comprised of the parent holding company.
Executives
Helen Vaid director 600 WEST CHICAGO AVE., STE 400, CHICAGO IL 60654
Frederick H Eppinger director THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN ST, WORCESTER MA 01653
Bradley C Allen Jr director AMERISAFE INC, 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Elizabeth Giddens officer: Chief Legal Officer; Secretary 10000 WEHRLE DRIVE, CLARENCE NY 14031
Hamm John Earl Jr. officer: EVP, Chief Information Officer 1360 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Steven Mark Lessack officer: Group President 1980 POST OAK BLVD., #800, HOUSTON TX 77056
Matthew Morris director, officer: Chief Executive Officer 1905 SHARP PL, HOUSTON TX 77019
Corey William S. Jr. director C/O STEWART INFORMATION SERVICES CORP., 1360 POST OAK BLVD., SUITE 100 MC-14-1, HOUSTON TX 77056
Deborah Jane Matz director C/O STEWART INFORMATION SERVICES CORP., 1360 POST OAK BLVD., SUITE 100 MC-14-1, HOUSTON TX 77056
Emily Kain officer: Chief Human Resource Officer C/O STEWART INFORMATION SERVICES CORP., 1360 POST OAK BLVD., SUITE 100, MC-14-1, HOUSTON TX 77056
Glenn C Christenson director 2411 W SAHARA AVENUE, LAS VEGAS NV 89102
James M Chadwick director C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., #301, BOCA RATON FL 33487
Tara Smith officer: Group President STEWART INFORMATION SERVICES CORP., 1980 POST OAK BLVD., SUITE 710, HOUSTON TX 77056
Clifford Press director 152 WEST 57TH STREET, NEW YORK NY 10019
Robert Clarke director 711 LOUISIANA STREET, SUITE 2900, HOUSTON TX 77002-2781