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Union Pacific (XTER:UNP) E10 : €9.45 (As of Sep. 2024)


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What is Union Pacific 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.

Union Pacific's adjusted earnings per share data for the three months ended in Sep. 2024 was €2.478. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €9.45 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Union Pacific's average E10 Growth Rate was 6.20% per year. During the past 3 years, the average E10 Growth Rate was 12.40% per year. During the past 5 years, the average E10 Growth Rate was 12.10% per year. During the past 10 years, the average E10 Growth Rate was 14.90% 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 Union Pacific was 23.50% per year. The lowest was -8.20% per year. And the median was 12.60% per year.

As of today (2024-11-10), Union Pacific's current stock price is €226.10. Union Pacific's E10 for the quarter that ended in Sep. 2024 was €9.45. Union Pacific's Shiller PE Ratio of today is 23.93.

During the past 13 years, the highest Shiller PE Ratio of Union Pacific was 41.59. The lowest was 18.10. And the median was 26.51.


Union Pacific E10 Historical Data

The historical data trend for Union Pacific'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.

Union Pacific E10 Chart

Union Pacific 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 5.90 5.64 7.15 8.74 9.05

Union Pacific 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 9.50 9.05 9.56 9.77 9.45

Competitive Comparison of Union Pacific's E10

For the Railroads subindustry, Union Pacific'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.


Union Pacific's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Union Pacific's Shiller PE Ratio distribution charts can be found below:

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



Union Pacific 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, Union Pacific'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)
=2.478/133.0289*133.0289
=2.478

Current CPI (Sep. 2024) = 133.0289.

Union Pacific Quarterly Data

per share eps CPI Adj_EPS
201412 1.306 99.070 1.754
201503 1.201 99.621 1.604
201506 1.230 100.684 1.625
201509 1.336 100.392 1.770
201512 1.203 99.792 1.604
201603 1.042 100.470 1.380
201606 1.041 101.688 1.362
201609 1.212 101.861 1.583
201612 1.318 101.863 1.721
201703 1.234 102.862 1.596
201706 1.291 103.349 1.662
201709 1.259 104.136 1.608
201712 7.816 104.011 9.997
201803 1.362 105.290 1.721
201806 1.695 106.317 2.121
201809 1.843 106.507 2.302
201812 1.863 105.998 2.338
201903 1.708 107.251 2.119
201906 1.965 108.070 2.419
201909 2.016 108.329 2.476
201912 1.818 108.420 2.231
202003 1.946 108.902 2.377
202006 1.483 108.767 1.814
202009 1.706 109.815 2.067
202012 1.685 109.897 2.040
202103 1.680 111.754 2.000
202106 2.258 114.631 2.620
202109 2.185 115.734 2.512
202112 2.354 117.630 2.662
202203 2.334 121.301 2.560
202206 2.772 125.017 2.950
202209 3.081 125.227 3.273
202212 2.520 125.222 2.677
202303 2.494 127.348 2.605
202306 2.372 128.729 2.451
202309 2.352 129.860 2.409
202312 2.485 129.419 2.554
202403 2.475 131.776 2.499
202406 2.545 132.554 2.554
202409 2.478 133.029 2.478

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


Union Pacific  (XTER:UNP) 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.

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

Shiller PE Ratio=Share Price/E10
=226.10/9.45
=23.93

* 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 Union Pacific was 41.59. The lowest was 18.10. And the median was 26.51.


Be Aware

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


Union Pacific E10 Related Terms

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


Union Pacific Business Description

Address
1400 Douglas Street, Omaha, NE, USA, 68179
Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two thirds of the us, Union Pacific generated $24 billion of revenue in 2023 by hauling coal, industrial products, intermodal containers, agriculture goods, chemicals, fertilizers, and automotive goods. Union Pacific owns about one fourth of Mexican railroad Ferromex and historically derives roughly 10% of its revenue hauling freight to and from Mexico.