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Carlisle (STU:CLE) E10 : €9.06 (As of Mar. 2024)


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What is Carlisle 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.

Carlisle's adjusted earnings per share data for the three months ended in Mar. 2024 was €3.652. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €9.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Carlisle's average E10 Growth Rate was 19.90% per year. During the past 3 years, the average E10 Growth Rate was 19.20% per year. During the past 5 years, the average E10 Growth Rate was 15.70% per year. During the past 10 years, the average E10 Growth Rate was 12.90% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Carlisle was 19.20% per year. The lowest was 0.90% per year. And the median was 12.00% per year.

As of today (2024-05-23), Carlisle's current stock price is €388.20. Carlisle's E10 for the quarter that ended in Mar. 2024 was €9.06. Carlisle's Shiller PE Ratio of today is 42.85.

During the past 13 years, the highest Shiller PE Ratio of Carlisle was 42.65. The lowest was 19.86. And the median was 29.61.


Carlisle E10 Historical Data

The historical data trend for Carlisle'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.

Carlisle E10 Chart

Carlisle 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 4.66 4.50 5.59 7.52 8.52

Carlisle 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 7.62 7.97 8.67 8.52 9.06

Competitive Comparison of Carlisle's E10

For the Building Products & Equipment subindustry, Carlisle'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.


Carlisle's Shiller PE Ratio Distribution in the Construction Industry

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

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



Carlisle 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, Carlisle'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)
=3.652/131.7762*131.7762
=3.652

Current CPI (Mar. 2024) = 131.7762.

Carlisle Quarterly Data

per share eps CPI Adj_EPS
201406 0.839 100.560 1.099
201409 1.024 100.428 1.344
201412 0.657 99.070 0.874
201503 0.545 99.621 0.721
201506 1.274 100.684 1.667
201509 1.390 100.392 1.825
201512 1.138 99.792 1.503
201603 0.943 100.470 1.237
201606 1.558 101.688 2.019
201609 -0.134 101.861 -0.173
201612 1.100 101.863 1.423
201703 0.879 102.862 1.126
201706 1.406 103.349 1.793
201709 1.149 104.136 1.454
201712 1.538 104.011 1.949
201803 4.006 105.290 5.014
201806 1.584 106.317 1.963
201809 1.405 106.507 1.738
201812 1.292 105.998 1.606
201903 1.204 107.251 1.479
201906 2.345 108.070 2.859
201909 2.179 108.329 2.651
201912 1.602 108.420 1.947
202003 0.986 108.902 1.193
202006 1.208 108.767 1.464
202009 1.588 109.815 1.906
202012 1.225 109.897 1.469
202103 0.815 111.754 0.961
202106 1.552 114.631 1.784
202109 2.270 115.734 2.585
202112 2.133 117.630 2.390
202203 3.323 121.301 3.610
202206 5.421 125.017 5.714
202209 4.878 125.227 5.133
202212 3.144 125.222 3.309
202303 1.831 127.348 1.895
202306 3.498 128.729 3.581
202309 4.957 129.860 5.030
202312 3.851 129.419 3.921
202403 3.652 131.776 3.652

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


Carlisle  (STU:CLE) 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.

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

Shiller PE Ratio=Share Price/E10
=388.20/9.06
=42.85

* 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 Carlisle was 42.65. The lowest was 19.86. And the median was 29.61.


Be Aware

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


Carlisle E10 Related Terms

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


Carlisle (STU:CLE) Business Description

Traded in Other Exchanges
Address
16430 North Scottsdale Road, Suite 400, Scottsdale, AZ, USA, 85254
Carlisle Companies Inc is a holding company. Through its subsidiaries, it manufactures and sells rubber and plastic engineered products. The company is organized into three segments include Carlisle Construction Materials, Carlisle Interconnect Technologies, and Carlisle Fluid Technologies. The company's product portfolio includes commercial roofing systems, wires, cables, connectors, industrial liquid finishing material, and other products used in construction, transportation, aerospace, defense, medical, and various other industrial sectors. A vast majority of the company's revenue comes from the Carlisle Construction Materials segment, and more than half of the total revenue is earned in the United States.

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