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Barrett Business Services (Barrett Business Services) E10 : $4.52 (As of Dec. 2023)


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What is Barrett Business Services 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.

Barrett Business Services's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Barrett Business Services's average E10 Growth Rate was 14.10% per year. During the past 3 years, the average E10 Growth Rate was 16.30% per year. During the past 5 years, the average E10 Growth Rate was 19.80% per year. During the past 10 years, the average E10 Growth Rate was 18.90% 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 Barrett Business Services was 31.40% per year. The lowest was -3.60% per year. And the median was 20.30% per year.

As of today (2024-04-28), Barrett Business Services's current stock price is $121.77. Barrett Business Services's E10 for the quarter that ended in Dec. 2023 was $4.52. Barrett Business Services's Shiller PE Ratio of today is 26.94.

During the past 13 years, the highest Shiller PE Ratio of Barrett Business Services was 82.54. The lowest was 13.21. And the median was 39.22.


Barrett Business Services E10 Historical Data

The historical data trend for Barrett Business Services'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.

Barrett Business Services E10 Chart

Barrett Business Services 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 2.47 2.87 3.33 3.96 4.52

Barrett Business Services 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 3.96 4.08 4.27 4.42 4.52

Competitive Comparison of Barrett Business Services's E10

For the Staffing & Employment Services subindustry, Barrett Business Services'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.


Barrett Business Services's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Barrett Business Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Barrett Business Services's Shiller PE Ratio falls into.



Barrett Business Services 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, Barrett Business Services'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)
=2.16/129.4194*129.4194
=2.160

Current CPI (Dec. 2023) = 129.4194.

Barrett Business Services Quarterly Data

per share eps CPI Adj_EPS
201403 -0.500 99.695 -0.649
201406 0.980 100.560 1.261
201409 -5.270 100.428 -6.791
201412 0.970 99.070 1.267
201503 -0.820 99.621 -1.065
201506 1.210 100.684 1.555
201509 1.490 100.392 1.921
201512 1.550 99.792 2.010
201603 -1.110 100.470 -1.430
201606 1.160 101.688 1.476
201609 1.380 101.861 1.753
201612 1.080 101.863 1.372
201703 -1.550 102.862 -1.950
201706 1.470 103.349 1.841
201709 1.960 104.136 2.436
201712 1.380 104.011 1.717
201803 -1.250 105.290 -1.536
201806 1.460 106.317 1.777
201809 2.500 106.507 3.038
201812 2.210 105.998 2.698
201903 -0.310 107.251 -0.374
201906 1.810 108.070 2.168
201909 3.240 108.329 3.871
201912 1.510 108.420 1.802
202003 -0.450 108.902 -0.535
202006 1.510 108.767 1.797
202009 2.400 109.815 2.828
202012 0.930 109.897 1.095
202103 -0.600 111.754 -0.695
202106 2.240 114.631 2.529
202109 1.960 115.734 2.192
202112 1.400 117.630 1.540
202203 0.040 121.301 0.043
202206 2.480 125.017 2.567
202209 2.450 125.227 2.532
202212 1.640 125.222 1.695
202303 0.120 127.348 0.122
202306 2.470 128.729 2.483
202309 2.680 129.860 2.671
202312 2.160 129.419 2.160

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


Barrett Business Services  (NAS:BBSI) 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.

Barrett Business Services's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=121.77/4.52
=26.94

* 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 Barrett Business Services was 82.54. The lowest was 13.21. And the median was 39.22.


Be Aware

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


Barrett Business Services E10 Related Terms

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


Barrett Business Services (Barrett Business Services) Business Description

Traded in Other Exchanges
Address
8100 NE Parkway Drive, Suite 200, Vancouver, WA, USA, 98662
Barrett Business Services Inc is a provider of payroll administrative services and staffing services. The company categories of services include professional employer services and staffing. Professional employer services offer payroll management, payroll taxes services, and workers' compensation coverage solutions, as well as workforce management services, including hiring and termination of employees. Staffing offers temporary staffing services, as well as contract staffing, long-term or indefinite on-site management, and direct placement services. The company operates in the United States of America. It generates maximum revenue from the Professional employer service fees.
Executives
Joseph Stephen Clabby director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Anthony Meeker director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Thomas J Carley director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Jon L Justesen director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Alexandra Morehouse Mcreynolds director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Gary Kramer officer: VP - Finance, Treas. & Sec. 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Vincent P Price director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
James B Hicks director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Carla A Moradi director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
James R Potts officer: EVP Gen Counsel & Secretary 8100 NE PARKWAY DRIVE SUITE 200, VANCOUVER WA 98662
Anthony J Harris officer: Chief Financial Officer 8100 NE PARKWAY DRIVE SUITE 200, VANCOUVER WA 98662
Gerald Blotz officer: VP and COO--Field Operations 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Michael L Elich officer: VP and Chief Operating Officer 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Gregory R Vaughn officer: Vice President 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662

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