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VVV (Valvoline) E10 : $2.57 (As of Sep. 2024)


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What is Valvoline 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.

Valvoline's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.57 for the trailing ten years ended in Sep. 2024.

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.

As of today (2024-12-12), Valvoline's current stock price is $38.89. Valvoline's E10 for the quarter that ended in Sep. 2024 was $2.57. Valvoline's Shiller PE Ratio of today is 15.13.

During the past 12 years, the highest Shiller PE Ratio of Valvoline was 18.05. The lowest was 14.67. And the median was 16.15.


Valvoline E10 Historical Data

The historical data trend for Valvoline'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.

Valvoline E10 Chart

Valvoline Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.57

Valvoline Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - 2.55 2.57

Competitive Comparison of Valvoline's E10

For the Auto & Truck Dealerships subindustry, Valvoline'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.


Valvoline's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Valvoline's Shiller PE Ratio distribution charts can be found below:

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



Valvoline 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, Valvoline's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.71/133.0289*133.0289
=0.710

Current CPI (Sep. 2024) = 133.0289.

Valvoline Quarterly Data

per share eps CPI Adj_EPS
201409 0.000 100.428 0.000
201503 0.000 99.621 0.000
201506 0.363 100.684 0.480
201509 0.165 100.392 0.219
201512 0.325 99.792 0.433
201603 0.340 100.470 0.450
201606 0.375 101.688 0.491
201609 0.317 101.861 0.414
201612 0.350 101.863 0.457
201703 0.350 102.862 0.453
201706 0.270 103.349 0.348
201709 0.520 104.136 0.664
201712 -0.050 104.011 -0.064
201803 0.330 105.290 0.417
201806 0.330 106.317 0.413
201809 0.230 106.507 0.287
201812 0.280 105.998 0.351
201903 0.330 107.251 0.409
201906 0.340 108.070 0.419
201909 0.140 108.329 0.172
201912 0.390 108.420 0.479
202003 0.330 108.902 0.403
202006 0.320 108.767 0.391
202009 0.660 109.815 0.800
202012 0.470 109.897 0.569
202103 0.370 111.754 0.440
202106 0.530 114.631 0.615
202109 0.920 115.734 1.057
202112 0.480 117.630 0.543
202203 0.450 121.301 0.494
202206 0.550 125.017 0.585
202209 0.880 125.227 0.935
202212 0.460 125.222 0.489
202303 7.110 127.348 7.427
202306 0.380 128.729 0.393
202309 0.320 129.860 0.328
202312 0.240 129.419 0.247
202403 0.320 131.776 0.323
202406 0.350 132.554 0.351
202409 0.710 133.029 0.710

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


Valvoline  (NYSE:VVV) 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.

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

Shiller PE Ratio=Share Price/E10
=38.89/2.57
=15.13

* 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 12 years, the highest Shiller P/E Ratio of Valvoline was 18.05. The lowest was 14.67. And the median was 16.15.


Be Aware

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


Valvoline E10 Related Terms

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


Valvoline Business Description

Traded in Other Exchanges
Address
100 Valvoline Way, Suite 100, Lexington, KY, USA, 40509
Valvoline Inc produces, markets, and sells automotive maintenance products, particularly lubricants, to retail outlets installers, and customers. The company offers various products such as engine oil, heavy-duty engine oil, motorcycle oil, grease and brake fluid, and others. Geographically, the majority of the revenue is generated from the United States of America.
Executives
Lori Ann Flees officer: SVP and Pres., Retail Services 100 VALVOLINE WAY, LEXINGTON KY 40509
Charles M Sonsteby director
Julie Marie O'daniel officer: Gen Counsel, Corp Secy and SVP 3499 BLAZER PARKWAY, LEXINGTON KY 40509
Robert Travis Dobbins officer: SVP & Chief Technology Officer 100 VALVOLINE WAY, LEXINGTON KY 40509
Linne Fulcher officer: Chief Operating Officer 100 VALVOLINE WAY, SUITE 100, LEXINGTON KY 40509-2714
Richard Joseph Freeland director 927 JUNCO DRIVE, COLUMBUS IN 47201
Mary E Meixelsperger officer: Chief Financial Officer 810 DSW DRIVE, COLUMBUS OH 43219
Vada O Manager director NIKE, INC, ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Patrick Pacious director 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Heidi J. Matheys officer: Chief Marketing Officer 3499 BLAZER PARKWAY, LEXINGTON KY 40509
Dione Sturgeon officer: Chief Accounting Officer 100 VALVOLINE WAY, LEXINGTON KY 40509
Michael S. Ryan officer: Chief Accounting Officer 1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
Gerrald Thomas A. Ii officer: Senior Vice President 3499 BLAZER PARKWAY, LEXINGTON KY 40509
Jennifer Lynn Slater director 5757 N GREEN BAY AVENUE FLORIST, TOWER MILWAUKEE WI 53209
Jamal K Muashsher officer: SVP, International 100 VALVOLINE WAY, LEXINGTON KY 40509