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American States Water Co (American States Water Co) E10 : $2.45 (As of Dec. 2023)


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What is American States Water Co 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.

American States Water Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, American States Water Co's average E10 Growth Rate was 8.90% per year. During the past 3 years, the average E10 Growth Rate was 10.00% per year. During the past 5 years, the average E10 Growth Rate was 10.10% per year. During the past 10 years, the average E10 Growth Rate was 9.50% 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 American States Water Co was 11.20% per year. The lowest was 3.30% per year. And the median was 8.30% per year.

As of today (2024-04-27), American States Water Co's current stock price is $69.91. American States Water Co's E10 for the quarter that ended in Dec. 2023 was $2.45. American States Water Co's Shiller PE Ratio of today is 28.53.

During the past 13 years, the highest Shiller PE Ratio of American States Water Co was 57.47. The lowest was 27.14. And the median was 37.43.


American States Water Co E10 Historical Data

The historical data trend for American States Water 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.

American States Water Co E10 Chart

American States Water 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 1.69 1.84 2.08 2.25 2.45

American States Water 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 2.25 2.34 2.41 2.45 2.45

Competitive Comparison of American States Water Co's E10

For the Utilities - Regulated Water subindustry, American States Water 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.


American States Water Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, American States Water Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where American States Water Co's Shiller PE Ratio falls into.



American States Water 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, American States Water 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)
=0.54/129.4194*129.4194
=0.540

Current CPI (Dec. 2023) = 129.4194.

American States Water Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.280 99.695 0.363
201406 0.390 100.560 0.502
201409 0.540 100.428 0.696
201412 0.350 99.070 0.457
201503 0.320 99.621 0.416
201506 0.410 100.684 0.527
201509 0.560 100.392 0.722
201512 0.310 99.792 0.402
201603 0.280 100.470 0.361
201606 0.450 101.688 0.573
201609 0.590 101.861 0.750
201612 0.300 101.863 0.381
201703 0.340 102.862 0.428
201706 0.620 103.349 0.776
201709 0.570 104.136 0.708
201712 0.350 104.011 0.435
201803 0.290 105.290 0.356
201806 0.440 106.317 0.536
201809 0.620 106.507 0.753
201812 0.370 105.998 0.452
201903 0.350 107.251 0.422
201906 0.720 108.070 0.862
201909 0.760 108.329 0.908
201912 0.450 108.420 0.537
202003 0.380 108.902 0.452
202006 0.690 108.767 0.821
202009 0.720 109.815 0.849
202012 0.540 109.897 0.636
202103 0.520 111.754 0.602
202106 0.720 114.631 0.813
202109 0.760 115.734 0.850
202112 0.550 117.630 0.605
202203 0.380 121.301 0.405
202206 0.540 125.017 0.559
202209 0.690 125.227 0.713
202212 0.500 125.222 0.517
202303 0.930 127.348 0.945
202306 1.040 128.729 1.046
202309 0.850 129.860 0.847
202312 0.540 129.419 0.540

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


American States Water Co  (NYSE:AWR) 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.

American States Water Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=69.91/2.45
=28.53

* 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 American States Water Co was 57.47. The lowest was 27.14. And the median was 37.43.


Be Aware

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


American States Water Co E10 Related Terms

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


American States Water Co (American States Water Co) Business Description

Traded in Other Exchanges
Address
630 E. Foothill Boulevard, San Dimas, CA, USA, 91773-1212
American States Water Co is water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services from commercial and residential customers.
Executives
Anne M Holloway director
Steven D Davis director
Thomas A. Eichelberger director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Roger M Ervin director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Sarah J Anderson director 3633 E. INLAND EMPIRE BLVD., SUITE 480, ONTARIO CA 91764
Hodges Granville R Jr officer: Vice President 2712 HARTFORD AVENUE, FULLERTON CA 92835
David R Schickling officer: Vice President Water Operation 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Susan P. Miller officer: Vice President 630 E. FOOTHILL BLVD., SAN DIMAS CA 91773
Bryan K Switzer officer: Vice President 630 EAST FOOTHILL BOULEVARD, SAN DIMAS CA 91773
Christopher H Connor officer: SVP of ASUS 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Jon Pierotti officer: Vice President Reg Affairs 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
John R Fielder director SOUTHERN CALIFORNIA EDISON CO, P O BOX 800, ROSEMEAD CA 91770
James L Anderson director 8828 N. STEMMONS FREEWAY, SUITE 106, DALLAS TX 75247
Diana M Bonta director 1056 ALVIRA STREET, LOS ANGELES CA 90035
Eva G Tang officer: Vice President 1544 MANOR GATE DRIVE, HACIENDA HEIGHTS CA 91745-3833