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Chesapeake Utilities (Chesapeake Utilities) E10 : $4.43 (As of Dec. 2023)


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What is Chesapeake Utilities 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.

Chesapeake Utilities's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.43 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Chesapeake Utilities's average E10 Growth Rate was 7.80% per year. During the past 3 years, the average E10 Growth Rate was 12.00% per year. During the past 5 years, the average E10 Growth Rate was 11.50% per year. During the past 10 years, the average E10 Growth Rate was 10.50% 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 Chesapeake Utilities was 12.30% per year. The lowest was -1.10% per year. And the median was 4.55% per year.

As of today (2024-04-28), Chesapeake Utilities's current stock price is $105.13. Chesapeake Utilities's E10 for the quarter that ended in Dec. 2023 was $4.43. Chesapeake Utilities's Shiller PE Ratio of today is 23.73.

During the past 13 years, the highest Shiller PE Ratio of Chesapeake Utilities was 40.38. The lowest was 19.66. And the median was 30.57.


Chesapeake Utilities E10 Historical Data

The historical data trend for Chesapeake Utilities'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.

Chesapeake Utilities E10 Chart

Chesapeake Utilities 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 2.90 3.15 3.62 4.11 4.43

Chesapeake Utilities 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 4.11 4.25 4.35 4.41 4.43

Competitive Comparison of Chesapeake Utilities's E10

For the Utilities - Regulated Gas subindustry, Chesapeake Utilities'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.


Chesapeake Utilities's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

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

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



Chesapeake Utilities 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, Chesapeake Utilities'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)
=1.26/129.4194*129.4194
=1.260

Current CPI (Dec. 2023) = 129.4194.

Chesapeake Utilities Quarterly Data

per share eps CPI Adj_EPS
201403 1.220 99.695 1.584
201406 0.350 100.560 0.450
201409 0.220 100.428 0.284
201412 0.690 99.070 0.901
201503 1.440 99.621 1.871
201506 0.410 100.684 0.527
201509 0.330 100.392 0.425
201512 0.560 99.792 0.726
201603 1.330 100.470 1.713
201606 0.520 101.688 0.662
201609 0.290 101.861 0.368
201612 0.730 101.863 0.927
201703 1.170 102.862 1.472
201706 0.370 103.349 0.463
201709 0.420 104.136 0.522
201712 1.590 104.011 1.978
201803 1.640 105.290 2.016
201806 0.390 106.317 0.475
201809 0.340 106.507 0.413
201812 1.080 105.998 1.319
201903 1.740 107.251 2.100
201906 0.500 108.070 0.599
201909 0.340 108.329 0.406
201912 1.370 108.420 1.635
202003 1.760 108.902 2.092
202006 0.660 108.767 0.785
202009 0.560 109.815 0.660
202012 1.280 109.897 1.507
202103 1.960 111.754 2.270
202106 0.780 114.631 0.881
202109 0.710 115.734 0.794
202112 1.280 117.630 1.408
202203 2.080 121.301 2.219
202206 0.960 125.017 0.994
202209 0.540 125.227 0.558
202212 1.470 125.222 1.519
202303 2.040 127.348 2.073
202306 0.900 128.729 0.905
202309 0.530 129.860 0.528
202312 1.260 129.419 1.260

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


Chesapeake Utilities  (NYSE:CPK) 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.

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

Shiller PE Ratio=Share Price/E10
=105.13/4.43
=23.73

* 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 Chesapeake Utilities was 40.38. The lowest was 19.66. And the median was 30.57.


Be Aware

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


Chesapeake Utilities E10 Related Terms

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


Chesapeake Utilities (Chesapeake Utilities) Business Description

Traded in Other Exchanges
Address
500 Energy Lane, Dover, DE, USA, 19901
Chesapeake Utilities Corp is a diversified energy delivery company that is engaged in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. The company operates in two reportable segments, Regulated Energy and Unregulated Energy. The company's natural gas and electric distribution operations in Delaware, Maryland and Florida are subject to regulation by their respective PSC. Eastern Shore, its natural gas transmission subsidiary, is subject to regulation by the FERC and Peninsula Pipeline and Aspire Energy Express, its intrastate pipeline subsidiaries, are subject to regulation by the Florida PSC and Public Utilities Commission of Ohio, respectively.
Executives
Jeffery S Sylvester officer: Senior VP & COO 500 ENERGY LANE, DOVER DE 19901
Thomas J Bresnan director 1350 S. MILWAUKEE STREET, DENVER CO 80210
Maddock Paul L Jr director 909 SILVER LAKE BLVD, DOVER DE 19904
Hill Thomas P Jr director 909 SILVER LAKE BOULEVARD, DOVER DE 19904
Lila A Jaber director 909 SILVER LAKE BLVD, DOVER DE 19904
John R Schimkaitis director, other: Chair of the Board 909 SILVER LAKE BLVD., DOVER DE 19904
Kevin J Webber officer: Senior VP & Chief Dev. Officer 909 SILVER LAKE BLVD, DOVER DE 19904
Stephanie N Gary director 500 ENERGY LANE, DOVER DE 19901
Lisa Bisaccia director ONE CVS DRIVE, WOONSOCKET RI 02895
Michael D Galtman officer: Senior VP & CAO 500 ENERGY LANE, DOVER DE 19901
Sheree M. Petrone director 601 TRAVIS STREET, SUITE 1400, HOUSTON TX 77002
Jeffry M Householder director, other: President & CEO 909 SILVER LAKE BLVD, DOVER DE 19904
Forsythe Ronald G Jr director 909 SILVER LAKE BOULEVARD, DOVER DE 19904
Dianna Morgan director 909 SILVER LAKE BLVD, DOVER DE 19904
Beth W Cooper officer: Executive VP & CFO CHESAPEAKE UTILITIES CORPORATION, 909 SILVER LAKE BOULEVARD, DOVER DE 19904