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Seagate Technology Holdings (Seagate Technology Holdings) E10

: $4.16 (As of Dec. 2023)
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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.

Seagate Technology Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.16 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Seagate Technology Holdings's average E10 Growth Rate was -14.20% per year. During the past 3 years, the average E10 Growth Rate was 3.40% per year. During the past 5 years, the average E10 Growth Rate was 10.20% per year. During the past 10 years, the average E10 Growth Rate was 11.00% 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 Seagate Technology Holdings was 19.80% per year. The lowest was 2.40% per year. And the median was 10.20% per year.

As of today (2024-04-19), Seagate Technology Holdings's current stock price is $82.46. Seagate Technology Holdings's E10 for the quarter that ended in Dec. 2023 was $4.16. Seagate Technology Holdings's Shiller PE Ratio of today is 19.82.

During the past 13 years, the highest Shiller PE Ratio of Seagate Technology Holdings was 31.71. The lowest was 8.11. And the median was 16.35.


Seagate Technology Holdings E10 Historical Data

The historical data trend for Seagate Technology Holdings'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.

Seagate Technology Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.07 4.10 4.59 5.05 4.53

Seagate Technology Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 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 Premium Member Only Premium Member Only Premium Member Only 4.85 4.60 4.53 4.34 4.16

Competitive Comparison

For the Computer Hardware subindustry, Seagate Technology Holdings'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.


Seagate Technology Holdings Shiller PE Ratio Distribution

For the Hardware industry and Technology sector, Seagate Technology Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Seagate Technology Holdings's Shiller PE Ratio falls into.



Seagate Technology Holdings 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, Seagate Technology Holdings'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)
=-0.09/120.1096*120.1096
=-0.090

Current CPI (Dec. 2023) = 120.1096.

Seagate Technology Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 1.170 100.573 1.397
201406 0.950 100.773 1.132
201409 1.130 100.474 1.351
201412 2.780 99.576 3.353
201503 0.880 99.975 1.057
201506 0.430 100.573 0.514
201509 0.110 100.274 0.132
201512 0.550 99.676 0.663
201603 -0.070 99.676 -0.084
201606 0.230 101.072 0.273
201609 0.550 100.274 0.659
201612 1.000 99.676 1.205
201703 0.650 100.374 0.778
201706 0.380 100.673 0.453
201709 0.620 100.474 0.741
201712 0.550 100.075 0.660
201803 1.310 100.573 1.564
201806 1.570 101.072 1.866
201809 1.540 101.371 1.825
201812 1.340 100.773 1.597
201903 0.690 101.670 0.815
201906 3.540 102.168 4.162
201909 0.740 102.268 0.869
201912 1.200 102.068 1.412
202003 1.220 102.367 1.431
202006 0.640 101.769 0.755
202009 0.860 101.072 1.022
202012 1.120 101.072 1.331
202103 1.390 102.367 1.631
202106 2.070 103.364 2.405
202109 2.280 104.859 2.612
202112 2.230 106.653 2.511
202203 1.560 109.245 1.715
202206 1.270 112.734 1.353
202209 0.140 113.431 0.148
202212 -0.160 115.425 -0.166
202303 -2.090 117.618 -2.134
202306 -0.440 119.611 -0.442
202309 -0.880 120.708 -0.876
202312 -0.090 120.110 -0.090

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


Seagate Technology Holdings  (NAS:STX) 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.

Seagate Technology Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=82.46/4.16
=19.82

* 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 Seagate Technology Holdings was 31.71. The lowest was 8.11. And the median was 16.35.


Be Aware

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


Seagate Technology Holdings E10 Related Terms

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


Seagate Technology Holdings (Seagate Technology Holdings) Business Description

Address
38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.
Executives
Ban Seng Teh officer: SVP, Sales 47488 KATO ROAD, FREMONT CA 94538
Katherine Schuelke officer: SVP, CLO & Corporate Secretary 47488 KATO ROAD, FREMONT CA 94538
John Christopher Morris officer: SVP, HDD & SDD Products & CTO 1280 DISC DRIVE, SHAKOPEE MN 55379
William D Mosley officer: President & COO SEAGATE TECHNOLOGY, 47488 KATO ROAD, FREMONT CA 94538
Gianluca Romano officer: EVP & CFO 47488 KATO ROAD, FREMONT CA 94538
Dylan G. Haggart director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Edward J Zander director MOTOROLA, INC., 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Kian Fatt Chong officer: SVP, Global Operations AVE 5, WOODLANDS U0 121
Jeffrey D. Nygaard officer: Executive Vice President 47488 KATO ROAD, FREMONT CA 94538
Robert A Bruggeworth director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Richard L Clemmer director P O BOX 34552, LAS VEGAS NV 89129
Stephen J Luczo director, officer: Chairman and CEO
Jay L Geldmacher director 5810 VAN ALLEN WAY, CARLSBAD CA 92008
Yolanda Lee Conyers director 47488 KATO ROAD, FREMONT CA 94538
Stephanie Tilenius director C/O IRONPLANET, INC., 4695 CHABOT DRIVE, SUITE 102, PLEASANTON CA 94588