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Vulcan Materials Co (Vulcan Materials Co) E10

: $4.62 (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.

Vulcan Materials Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.62 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Vulcan Materials Co's average E10 Growth Rate was 21.30% per year. During the past 3 years, the average E10 Growth Rate was 24.70% per year. During the past 5 years, the average E10 Growth Rate was 28.00% per year. During the past 10 years, the average E10 Growth Rate was 13.50% 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 Vulcan Materials Co was 36.30% per year. The lowest was -16.00% per year. And the median was 8.50% per year.

As of today (2024-04-23), Vulcan Materials Co's current stock price is $259.7375. Vulcan Materials Co's E10 for the quarter that ended in Dec. 2023 was $4.62. Vulcan Materials Co's Shiller PE Ratio of today is 56.22.

During the past 13 years, the highest Shiller PE Ratio of Vulcan Materials Co was 162.49. The lowest was 25.37. And the median was 64.43.


Vulcan Materials Co E10 Historical Data

The historical data trend for Vulcan Materials Co'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.

Vulcan Materials Co 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 1.82 2.38 3.12 3.81 4.62

Vulcan Materials Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.81 4.02 4.27 4.47 4.62

Competitive Comparison

For the Building Materials subindustry, Vulcan Materials Co'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.


Vulcan Materials Co Shiller PE Ratio Distribution

For the Building Materials industry and Basic Materials sector, Vulcan Materials Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Vulcan Materials Co's Shiller PE Ratio falls into.



Vulcan Materials Co 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, Vulcan Materials Co'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)
=1.7/129.4194*129.4194
=1.700

Current CPI (Dec. 2023) = 129.4194.

Vulcan Materials Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.410 99.695 0.532
201406 0.350 100.560 0.450
201409 0.500 100.428 0.644
201412 0.280 99.070 0.366
201503 -0.300 99.621 -0.390
201506 0.360 100.684 0.463
201509 0.910 100.392 1.173
201512 0.650 99.792 0.843
201603 0.300 100.470 0.386
201606 0.920 101.688 1.171
201609 1.050 101.861 1.334
201612 0.830 101.863 1.055
201703 0.330 102.862 0.415
201706 0.890 103.349 1.115
201709 0.810 104.136 1.007
201712 2.430 104.011 3.024
201803 0.390 105.290 0.479
201806 1.190 106.317 1.449
201809 1.340 106.507 1.628
201812 0.930 105.998 1.135
201903 0.480 107.251 0.579
201906 1.480 108.070 1.772
201909 1.620 108.329 1.935
201912 1.060 108.420 1.265
202003 0.450 108.902 0.535
202006 1.580 108.767 1.880
202009 1.500 109.815 1.768
202012 0.860 109.897 1.013
202103 1.200 111.754 1.390
202106 1.460 114.631 1.648
202109 1.320 115.734 1.476
202112 1.030 117.630 1.133
202203 0.690 121.301 0.736
202206 1.400 125.017 1.449
202209 1.330 125.227 1.375
202212 0.890 125.222 0.920
202303 0.900 127.348 0.915
202306 2.310 128.729 2.322
202309 2.070 129.860 2.063
202312 1.700 129.419 1.700

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


Vulcan Materials Co  (NYSE:VMC) 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.

Vulcan Materials Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=259.7375/4.62
=56.22

* 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 Vulcan Materials Co was 162.49. The lowest was 25.37. And the median was 64.43.


Be Aware

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


Vulcan Materials Co E10 Related Terms

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


Vulcan Materials Co (Vulcan Materials Co) Business Description

Traded in Other Exchanges
Address
1200 Urban Center Drive, Birmingham, AL, USA, 35242
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2022, Vulcan sold 263.4 million tons of aggregates, 12.2 million tons of asphalt mix, and 10.5 million cubic yards of ready-mix. As of Dec. 31, 2022, the company had nearly 16 billion tons of aggregates reserves.
Executives
Stanley G Bass officer: Chief Growth Officer 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
David P Clements officer: Senior Vice President, Central 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Melissa H. Anderson director ALBEMARLE CORPORATION, 4250 CONGRESS ST. SUITE 900, CHARLOTTE NC 28209
J Thomas Hill officer: Sr VP - South Region 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Randy L. Pigg officer: Vice President and Controller 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Mary Andrews Carlisle officer: SVP and CFO 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Lydia H Kennard director 155 N LAKE AVE, PASADENA CA 91101
Darren L. Hicks officer: Chief Human Resources Officer 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Perkins Jerry F Jr officer: General Counsel and Secetary 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Jason P Teter officer: President, S&GC Division 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Ronnie A Pruitt officer: Senior Vice President C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
David P Steiner director 1001 FANNIN ST, STE 4000, HOUSTON TX 77002
George Willis director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Franklin Denson N. Iii officer: SVP & General Counsel 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Michael R Mills officer: Senior Vice President and Gene 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242