GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Taylor Devices Inc (NAS:TAYD) » Definitions » E10

Taylor Devices (Taylor Devices) E10 : $1.02 (As of Feb. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Taylor Devices 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.

Taylor Devices's adjusted earnings per share data for the three months ended in Feb. 2024 was $0.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.02 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Taylor Devices's average E10 Growth Rate was 25.90% per year. During the past 3 years, the average E10 Growth Rate was 7.20% per year. During the past 5 years, the average E10 Growth Rate was 6.20% per year. During the past 10 years, the average E10 Growth Rate was 7.70% 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 Taylor Devices was 116.60% per year. The lowest was -44.80% per year. And the median was 4.55% per year.

As of today (2024-04-29), Taylor Devices's current stock price is $52.94. Taylor Devices's E10 for the quarter that ended in Feb. 2024 was $1.02. Taylor Devices's Shiller PE Ratio of today is 51.90.

During the past 13 years, the highest Shiller PE Ratio of Taylor Devices was 59.61. The lowest was 10.14. And the median was 20.52.


Taylor Devices E10 Historical Data

The historical data trend for Taylor Devices'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.

Taylor Devices E10 Chart

Taylor Devices Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.69 0.70 0.74 0.85

Taylor Devices Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.81 0.85 0.91 0.95 1.02

Competitive Comparison of Taylor Devices's E10

For the Specialty Industrial Machinery subindustry, Taylor Devices'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.


Taylor Devices's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Taylor Devices 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, Taylor Devices's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.82/129.4194*129.4194
=0.820

Current CPI (Feb. 2024) = 129.4194.

Taylor Devices Quarterly Data

per share eps CPI Adj_EPS
201405 0.120 100.373 0.155
201408 0.120 100.352 0.155
201411 0.150 99.635 0.195
201502 0.120 99.032 0.157
201505 0.250 100.333 0.322
201508 0.300 100.548 0.386
201511 0.270 100.135 0.349
201602 0.350 100.040 0.453
201605 0.290 101.355 0.370
201608 0.060 101.617 0.076
201611 0.270 101.829 0.343
201702 0.100 102.779 0.126
201705 0.230 103.256 0.288
201708 0.090 103.587 0.112
201711 0.020 104.072 0.025
201802 -0.010 105.052 -0.012
201805 0.040 106.148 0.049
201808 0.210 106.383 0.255
201811 0.110 106.338 0.134
201902 0.130 106.649 0.158
201905 0.280 108.048 0.335
201908 0.100 108.245 0.120
201911 0.260 108.519 0.310
202002 0.220 109.139 0.261
202005 0.280 108.175 0.335
202008 0.050 109.662 0.059
202011 0.190 109.793 0.224
202102 0.050 110.968 0.058
202105 0.010 113.576 0.011
202108 0.050 115.421 0.056
202111 0.190 117.269 0.210
202202 -0.030 119.703 -0.032
202205 0.430 123.323 0.451
202208 0.290 124.958 0.300
202211 0.450 125.607 0.464
202302 0.470 126.928 0.479
202305 0.570 128.314 0.575
202308 0.520 129.538 0.520
202311 0.560 129.548 0.559
202402 0.820 129.419 0.820

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


Taylor Devices  (NAS:TAYD) 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.

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

Shiller PE Ratio=Share Price/E10
=52.94/1.02
=51.90

* 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 Taylor Devices was 59.61. The lowest was 10.14. And the median was 20.52.


Be Aware

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


Taylor Devices E10 Related Terms

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


Taylor Devices (Taylor Devices) Business Description

Traded in Other Exchanges
N/A
Address
90 Taylor Drive, P.O. Box 748, North Tonawanda, North Tonawanda, NY, USA, 14120
Taylor Devices Inc is involved in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. The company's product line includes Seismic dampers, Fluidicshoks, Crane and industrial buffers, Self-adjusting shock absorbers, Liquid die springs and Vibration Dampers. In general, its products are used to absorb, control, or mitigate the motion of masses caused by earthquakes or explosions. The company markets its product to various industries such as industrial, steel mills, buildings, bridges, aerospace, defense, and automotive industries.
Executives
Ira Sochet 10 percent owner 24 NORTH PINE CIRCLE, BELLEAIR FL 33756
Timothy John Sopko director, officer: CHIEF EXECUTIVE OFFICER 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Paul Murray Heary officer: Chief Financial Officer TAYLOR DEVICES, INC., 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Robert Michael Carey director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Alan Raymond Klembczyk director, officer: PRESIDENT 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Fritz Eric Armenat director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Randall L Clark director 475 CAYUGA ROAD, CHEEKTOWAGA NY 14225
Mark V Mcdonough officer: Chief Financial Officer 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Douglas P Taylor director, officer: President 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
John Burgess director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Donald B Hofmar director TAYLOR DEVICES INC, 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
Richard G Hill director, officer: Vice President 90 TAYLOR DRIVE, PO BOX 748, NORTH TONAWANDA NY 14120-0748
Newman Reginald B Ii director PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Joseph P Gastel director, officer: Secretary
Baird Foundation Cameron 10 percent owner C/O KAYINOKY & COOK, 120 DELAWARE AVE, BUFFALO NY 14202

Taylor Devices (Taylor Devices) Headlines