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Adtran Holdings (WBO:ADTN) E10 : €-0.63 (As of Mar. 2024)


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What is Adtran Holdings 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.

Adtran Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was €-3.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Adtran Holdings's average E10 Growth Rate was -585.70% 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 Adtran Holdings was 21.40% per year. The lowest was -34.80% per year. And the median was 3.60% per year.

As of today (2024-05-25), Adtran Holdings's current stock price is €4.733. Adtran Holdings's E10 for the quarter that ended in Mar. 2024 was €-0.63. Adtran Holdings's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Adtran Holdings was 151.29. The lowest was 8.06. And the median was 17.25.


Adtran Holdings E10 Historical Data

The historical data trend for Adtran 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.

Adtran Holdings E10 Chart

Adtran Holdings 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 - - - 0.18 -0.22

Adtran Holdings 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 0.13 0.06 -0.07 -0.22 -0.63

Competitive Comparison of Adtran Holdings's E10

For the Communication Equipment subindustry, Adtran 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.


Adtran Holdings's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Adtran 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, Adtran Holdings'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)
=-3.79/131.7762*131.7762
=-3.790

Current CPI (Mar. 2024) = 131.7762.

Adtran Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 0.191 100.560 0.250
201409 0.163 100.428 0.214
201412 0.138 99.070 0.184
201503 0.055 99.621 0.073
201506 0.045 100.684 0.059
201509 0.125 100.392 0.164
201512 0.110 99.792 0.145
201603 0.090 100.470 0.118
201606 0.187 101.688 0.242
201609 0.232 101.861 0.300
201612 0.152 101.863 0.197
201703 0.131 102.862 0.168
201706 0.231 103.349 0.295
201709 0.277 104.136 0.351
201712 -0.194 104.011 -0.246
201803 -0.178 105.290 -0.223
201806 -0.137 106.317 -0.170
201809 0.137 106.507 0.170
201812 -0.158 105.998 -0.196
201903 0.018 107.251 0.022
201906 0.071 108.070 0.087
201909 -0.872 108.329 -1.061
201912 -0.234 108.420 -0.284
202003 -0.190 108.902 -0.230
202006 0.018 108.767 0.022
202009 0.093 109.815 0.112
202012 0.107 109.897 0.128
202103 0.017 111.754 0.020
202106 0.083 114.631 0.095
202109 -0.179 115.734 -0.204
202112 -0.080 117.630 -0.090
202203 -0.018 121.301 -0.020
202206 0.038 125.017 0.040
202209 -0.576 125.227 -0.606
202212 0.463 125.222 0.487
202303 -0.476 127.348 -0.493
202306 -0.462 128.729 -0.473
202309 -0.937 129.860 -0.951
202312 -1.284 129.419 -1.307
202403 -3.790 131.776 -3.790

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


Adtran Holdings  (WBO:ADTN) 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.

During the past 13 years, the highest Shiller P/E Ratio of Adtran Holdings was 151.29. The lowest was 8.06. And the median was 17.25.


Be Aware

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


Adtran Holdings E10 Related Terms

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


Adtran Holdings (WBO:ADTN) Business Description

Traded in Other Exchanges
Address
901 Explorer Boulevard, Huntsville, AL, USA, 35806-2807
Adtran Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions, which includes hardware and software products, and Services & Support, which includes a portfolio of network implementation services, support services, and cloud-hosted SaaS applications that complement the product portfolio and can be utilized to support other platforms as well. These two segments span across their three revenue categories: Access & Aggregation, Subscriber Solutions, and Optical Networking Solutions.