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Chase (CCF) E10 : $4.55 (As of Aug. 2023)


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What is Chase 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.

Chase's adjusted earnings per share data for the three months ended in Aug. 2023 was $0.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.55 for the trailing ten years ended in Aug. 2023.

During the past 12 months, Chase's average E10 Growth Rate was 6.30% per year. During the past 3 years, the average E10 Growth Rate was 13.30% per year. During the past 5 years, the average E10 Growth Rate was 12.50% per year. During the past 10 years, the average E10 Growth Rate was 14.40% 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 Chase was 17.20% per year. The lowest was 3.50% per year. And the median was 11.80% per year.

As of today (2024-05-23), Chase's current stock price is $127.49. Chase's E10 for the quarter that ended in Aug. 2023 was $4.55. Chase's Shiller PE Ratio of today is 28.02.

During the past 13 years, the highest Shiller PE Ratio of Chase was 54.20. The lowest was 16.42. And the median was 29.00.


Chase E10 Historical Data

The historical data trend for Chase'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.

Chase E10 Chart

Chase Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 3.13 3.63 4.28 4.55

Chase Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 4.28 4.33 4.42 4.53 4.55

Competitive Comparison of Chase's E10

For the Specialty Chemicals subindustry, Chase'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.


Chase's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chase's Shiller PE Ratio distribution charts can be found below:

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



Chase 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, Chase's adjusted earnings per share data for the three months ended in Aug. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Aug. 2023 (Change)*Current CPI (Aug. 2023)
=0.61/129.5375*129.5375
=0.610

Current CPI (Aug. 2023) = 129.5375.

Chase Quarterly Data

per share eps CPI Adj_EPS
201311 0.940 98.334 1.238
201402 0.480 99.057 0.628
201405 0.680 100.373 0.878
201408 0.750 100.352 0.968
201411 0.740 99.635 0.962
201502 0.440 99.032 0.576
201505 0.770 100.333 0.994
201508 0.840 100.548 1.082
201511 0.800 100.135 1.035
201602 0.740 100.040 0.958
201605 0.800 101.355 1.022
201608 1.160 101.617 1.479
201611 1.100 101.829 1.399
201702 0.890 102.779 1.122
201705 1.260 103.256 1.581
201708 1.210 103.587 1.513
201711 0.880 104.072 1.095
201802 1.070 105.052 1.319
201805 1.430 106.148 1.745
201808 1.180 106.383 1.437
201811 0.930 106.338 1.133
201902 0.560 106.649 0.680
201905 0.900 108.048 1.079
201908 1.070 108.245 1.280
201911 0.770 108.519 0.919
202002 0.830 109.139 0.985
202005 1.040 108.175 1.245
202008 0.950 109.662 1.122
202011 1.140 109.793 1.345
202102 0.970 110.968 1.132
202105 1.500 113.576 1.711
202108 1.120 115.421 1.257
202111 1.020 117.269 1.127
202202 0.960 119.703 1.039
202205 1.640 123.323 1.723
202208 1.080 124.958 1.120
202211 0.710 125.607 0.732
202302 0.890 126.928 0.908
202305 1.270 128.314 1.282
202308 0.610 129.538 0.610

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


Chase  (AMEX:CCF) 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.

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

Shiller PE Ratio=Share Price/E10
=127.49/4.55
=28.02

* 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 Chase was 54.20. The lowest was 16.42. And the median was 29.00.


Be Aware

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


Chase E10 Related Terms

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


Chase (CCF) Business Description

Traded in Other Exchanges
N/A
Address
375 University Avenue, Westwood, MA, USA, 02090
Chase Corp is a specialty chemical company. It operates through the following segments: Adhesives, Sealants and Additives, Industrial Tapes and Corrosion Protection and Waterproofing. The firm generates majority revenue from the Industrial Tapes segment. Its Industrial Tapes segment features legacy wire and cable materials, specialty tapes, and other laminated and coated products. Geographically, it derives a majority of revenue from North America and also has a presence in Asia; Europe, and Other Countries.
Executives
Adam Chase officer: COO/Vice President 104 ALBION ROAD, WELLESLEY MA 02481
Thomas Jr Wroe director
Ellen Rubin director 11 CLEMENTS ROAD, NEWTON MA 02458
Mary Claire Chase director 115 SUMNER STREET, NEWTON MA 02459
Derby John H. Iii director 1029 OCEAN BLVD., RYE NH 03870
Jeffery D Haigh officer: Corporate Secretary 2 SUMMER STREET, NORWOOD MA 02062
Michael J. Bourque officer: Treasurer & CFO ANALOGIC CORPORATION, 8 CENTENNIAL DRIVE, PEABODY MA 01960
Lewis P Gack director 5 LIVINGTON CIRCLE, ANDOVER MA 01810
Peter R Chase officer: President, CEO 305 GRANGE PARK, BRIDGEWATER MA 02324
Joan Wallace-benjamin director 175 SANDY VALLEY ROAD, DEDHAM MA 02026
Christian John Talma officer: Chief Accounting Officer 5 ALHAMBRA RD., WELLESLEY MA 02481
Chad A. Mcdaniel director C/O LYDALL, INC., 1 COLONIAL ROAD, MANCHESTER CT 06042
Thomas D. Debyle director STANDEX INT'L, 6 MANOR PARKWAY, SALEM NH 03079
Kenneth James Feroldi officer: CFO/Treasurer 67 KIMBERLEY DRIVE, WAKEFIELD RI 02878
Everett Jr Chadwick director 20 SOUTH DRIVE, BRIDGEWATER MA 02324

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