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Pool (STU:SP1) E10 : €9.12 (As of Mar. 2024)


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What is Pool 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.

Pool's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.877. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €9.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pool's average E10 Growth Rate was 15.80% per year. During the past 3 years, the average E10 Growth Rate was 30.70% per year. During the past 5 years, the average E10 Growth Rate was 29.80% per year. During the past 10 years, the average E10 Growth Rate was 21.50% 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 Pool was 33.40% per year. The lowest was 5.50% per year. And the median was 14.15% per year.

As of today (2024-05-24), Pool's current stock price is €334.90. Pool's E10 for the quarter that ended in Mar. 2024 was €9.12. Pool's Shiller PE Ratio of today is 36.72.

During the past 13 years, the highest Shiller PE Ratio of Pool was 104.53. The lowest was 33.67. And the median was 52.92.


Pool E10 Historical Data

The historical data trend for Pool'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.

Pool E10 Chart

Pool 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 3.00 3.31 5.21 7.47 8.45

Pool 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 7.66 8.02 8.57 8.45 9.12

Competitive Comparison of Pool's E10

For the Industrial Distribution subindustry, Pool'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.


Pool's Shiller PE Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Pool's Shiller PE Ratio distribution charts can be found below:

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



Pool 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, Pool'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)
=1.877/131.7762*131.7762
=1.877

Current CPI (Mar. 2024) = 131.7762.

Pool Quarterly Data

per share eps CPI Adj_EPS
201406 1.185 100.560 1.553
201409 0.605 100.428 0.794
201412 -0.041 99.070 -0.055
201503 0.176 99.621 0.233
201506 1.559 100.684 2.040
201509 0.802 100.392 1.053
201512 0.055 99.792 0.073
201603 0.341 100.470 0.447
201606 1.762 101.688 2.283
201609 0.918 101.861 1.188
201612 0.057 101.863 0.074
201703 0.486 102.862 0.623
201706 1.967 103.349 2.508
201709 0.973 104.136 1.231
201712 0.524 104.011 0.664
201803 0.608 105.290 0.761
201806 2.397 106.317 2.971
201809 1.423 106.507 1.761
201812 0.360 105.998 0.448
201903 0.708 107.251 0.870
201906 2.850 108.070 3.475
201909 1.771 108.329 2.154
201912 0.396 108.420 0.481
202003 0.679 108.902 0.822
202006 3.437 108.767 4.164
202009 2.479 109.815 2.975
202012 1.192 109.897 1.429
202103 2.033 111.754 2.397
202106 5.287 114.631 6.078
202109 3.859 115.734 4.394
202112 2.345 117.630 2.627
202203 4.004 121.301 4.350
202206 7.218 125.017 7.608
202209 4.828 125.227 5.081
202212 1.718 125.222 1.808
202303 2.410 127.348 2.494
202306 5.455 128.729 5.584
202309 3.289 129.860 3.338
202312 1.210 129.419 1.232
202403 1.877 131.776 1.877

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


Pool  (STU:SP1) 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.

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

Shiller PE Ratio=Share Price/E10
=334.90/9.12
=36.72

* 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 Pool was 104.53. The lowest was 33.67. And the median was 52.92.


Be Aware

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


Pool E10 Related Terms

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


Pool (STU:SP1) Business Description

Traded in Other Exchanges
Address
109 Northpark Boulevard, Covington, LA, USA, 70433-5001
Pool Corp distributes swimming pool supplies and related products. It sells national-brand and private-label products to approximately 120000 customers. The products include non-discretionary pool-maintenance products, like chemicals and replacement parts, as well as pool equipment, like packaged pools (kits to build swimming pools), cleaners, filters, heaters, pumps, and lights. Customers include pool builders and remodelers, independent retail stores, and pool repair and service companies.

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