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Catalent (STU:0C8) E10 : €0.70 (As of Mar. 2024)


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What is Catalent 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.

Catalent's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.515. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Catalent's average E10 Growth Rate was -44.90% 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.

As of today (2024-06-20), Catalent's current stock price is €50.87. Catalent's E10 for the quarter that ended in Mar. 2024 was €0.70. Catalent's Shiller PE Ratio of today is 72.67.

During the past 13 years, the highest Shiller PE Ratio of Catalent was 148.87. The lowest was 23.81. And the median was 66.58.


Catalent E10 Historical Data

The historical data trend for Catalent'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.

Catalent E10 Chart

Catalent Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.27 1.21

Catalent 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 1.27 1.21 0.86 0.74 0.70

Competitive Comparison of Catalent's E10

For the Drug Manufacturers - Specialty & Generic subindustry, Catalent'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.


Catalent's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Catalent's Shiller PE Ratio distribution charts can be found below:

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



Catalent 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, Catalent'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)
=-0.515/131.7762*131.7762
=-0.515

Current CPI (Mar. 2024) = 131.7762.

Catalent Quarterly Data

per share eps CPI Adj_EPS
201406 0.171 100.560 0.224
201409 -0.140 100.428 -0.184
201412 0.300 99.070 0.399
201503 0.231 99.621 0.306
201506 1.087 100.684 1.423
201509 0.080 100.392 0.105
201512 0.220 99.792 0.291
201603 0.081 100.470 0.106
201606 0.409 101.688 0.530
201609 0.036 101.861 0.047
201612 0.133 101.863 0.172
201703 0.196 102.862 0.251
201706 0.436 103.349 0.556
201709 0.025 104.136 0.032
201712 -0.135 104.011 -0.171
201803 0.114 105.290 0.143
201806 0.522 106.317 0.647
201809 -0.086 106.507 -0.106
201812 0.290 105.998 0.361
201903 0.195 107.251 0.240
201906 0.389 108.070 0.474
201909 -0.045 108.329 -0.055
201912 0.207 108.420 0.252
202003 0.072 108.902 0.087
202006 0.755 108.767 0.915
202009 0.348 109.815 0.418
202012 0.370 109.897 0.444
202103 1.058 111.754 1.248
202106 0.805 114.631 0.925
202109 0.417 115.734 0.475
202112 0.460 117.630 0.515
202203 0.708 121.301 0.769
202206 0.984 125.017 1.037
202209 0.000 125.227 0.000
202212 0.415 125.222 0.437
202303 -1.177 127.348 -1.218
202306 -0.443 128.729 -0.453
202309 -3.926 129.860 -3.984
202312 -1.036 129.419 -1.055
202403 -0.515 131.776 -0.515

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


Catalent  (STU:0C8) 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.

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

Shiller PE Ratio=Share Price/E10
=50.87/0.7
=72.67

* 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 Catalent was 148.87. The lowest was 23.81. And the median was 66.58.


Be Aware

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


Catalent E10 Related Terms

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


Catalent (STU:0C8) Business Description

Traded in Other Exchanges
Address
14 Schoolhouse Road, Somerset, NJ, USA, 08873
Catalent is a contract development and manufacturing organization, or CDMO. It operates under four segments: biologics, softgel and oral technologies, oral and specialty delivery, and clinical supply services. Catalent derives its revenues primarily from long-term supply agreements with pharmaceutical customers. The company provides a range of development and manufacturing solutions for drugs, protein-based biologics, cell and gene therapies, and consumer health products throughout the entire life cycle of a product from the drug development process to commercial supply. Catalent has over 50 facilities across four continents.

Catalent (STU:0C8) Headlines

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