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Interface (Interface) E10 : $0.75 (As of Mar. 2024)


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What is Interface 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.

Interface's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Interface's average E10 Growth Rate was 2.70% per year. During the past 3 years, the average E10 Growth Rate was 6.70% per year. During the past 5 years, the average E10 Growth Rate was 3.00% 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 Interface was 51.30% per year. The lowest was -86.60% per year. And the median was 5.00% per year.

As of today (2024-05-09), Interface's current stock price is $15.91. Interface's E10 for the quarter that ended in Mar. 2024 was $0.75. Interface's Shiller PE Ratio of today is 21.21.

During the past 13 years, the highest Shiller PE Ratio of Interface was 2154.00. The lowest was 8.22. And the median was 25.11.


Interface E10 Historical Data

The historical data trend for Interface'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.

Interface E10 Chart

Interface 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 0.74 0.61 0.67 0.73 0.74

Interface 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 0.73 0.74 0.74 0.74 0.75

Competitive Comparison of Interface's E10

For the Building Products & Equipment subindustry, Interface'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.


Interface's Shiller PE Ratio Distribution in the Construction Industry

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

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



Interface 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, Interface'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)
=0.24/129.4194*129.4194
=0.240

Current CPI (Mar. 2024) = 129.4194.

Interface Quarterly Data

per share eps CPI Adj_EPS
201406 0.200 100.560 0.257
201409 -0.010 100.428 -0.013
201412 0.120 99.070 0.157
201503 0.190 99.621 0.247
201506 0.330 100.684 0.424
201509 0.310 100.392 0.400
201512 0.280 99.792 0.363
201603 0.200 100.470 0.258
201606 0.320 101.688 0.407
201609 0.250 101.861 0.318
201612 0.070 101.863 0.089
201703 0.130 102.862 0.164
201706 0.330 103.349 0.413
201709 0.320 104.136 0.398
201712 0.070 104.011 0.087
201803 0.250 105.290 0.307
201806 0.350 106.317 0.426
201809 0.140 106.507 0.170
201812 0.110 105.998 0.134
201903 0.120 107.251 0.145
201906 0.500 108.070 0.599
201909 0.450 108.329 0.538
201912 0.280 108.420 0.334
202003 -1.750 108.902 -2.080
202006 0.080 108.767 0.095
202009 0.100 109.815 0.118
202012 0.330 109.897 0.389
202103 0.120 111.754 0.139
202106 0.260 114.631 0.294
202109 0.190 115.734 0.212
202112 0.370 117.630 0.407
202203 0.220 121.301 0.235
202206 0.280 125.017 0.290
202209 0.240 125.227 0.248
202212 -0.420 125.222 -0.434
202303 -0.010 127.348 -0.010
202306 0.270 128.729 0.271
202309 0.170 129.860 0.169
202312 0.330 129.419 0.330
202403 0.240 129.419 0.240

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


Interface  (NAS:TILE) 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.

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

Shiller PE Ratio=Share Price/E10
=15.91/0.75
=21.21

* 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 Interface was 2154.00. The lowest was 8.22. And the median was 25.11.


Be Aware

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


Interface E10 Related Terms

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


Interface (Interface) Business Description

Traded in Other Exchanges
Address
1280 West Peachtree Street, Atlanta, GA, USA, 30309
Interface Inc is engaged in the designing, production, and sale of carpet tile. It also provides Luxury Vinyl tiles and rubber flooring. The company mainly targets corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retailers. Its geographical segments include the Americas, Europe, and Asia-Pacific.
Executives
Stansfield Nigel officer: VP & Chief Innovation Officer 2859 PACES FERRY ROAD, SUITE 2000, ATLANTA GA 30339
Robert T O'brien director 1280 WEST PEACHTREE STREET NW, ATLANTA GA 30309
Laurel Hurd officer: President & CEO C/O NEWELL BRANDS INC., 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
James Poppens officer: Vice President 1280 WEST PEACHTREE STREET NW, ATLANTA GA 30309
Robert Pridgen officer: Chief Accounting Officer 1280 WEST PEACHTREE STREET NW, ATLANTA GA 30309
Christopher G Kennedy director C/O INTERFACE INC, 2859 PACES FERRY ROAD SUITE 2000, ATLANTA GA 30339
Gibson Dwight Audley Konrad director C/O SPX FLOW, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Joseph Keough director 3715 NORTHSIDE PKWY NW, SUITE 4-600, ATLANTA GA 30327
Andreas Mueller officer: VP & Chief Customer Officer 1280 WEST PEACHTREE ST. NW, ATLANTA GA 30309
Catherine M Kilbane director
Daniel T Hendrix director, officer: President and CEO 2859 PACES ROAD, ATLANTA GA 30339
Gregory J Bauer officer: VP & Chief Accounting Officer 2859 PACES FERRY RD., STE 2000, ATLANTA GA 30339
Robert Coombs officer: Vice President 2850 PACES FERRY RD, STE 2000, ATLANTA GA 30339
Jeffrey Chadwick Scales officer: VP & Chief Innovation Officer 2859 PACES FERRY ROAD, SUITE 2000, ATLANTA GA 30339
Bruce Andrew Hausmann officer: VP & CFO 2859 PACES FERRY ROAD, SUITE 2000, ATLANTA GA 30339