GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Echo Global Logistics Inc (NAS:ECHO) » Definitions » E10

Echo Global Logistics (Echo Global Logistics) E10 : $0.74 (As of Sep. 2021)


View and export this data going back to 2009. Start your Free Trial

What is Echo Global Logistics 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.

Echo Global Logistics's adjusted earnings per share data for the three months ended in Sep. 2021 was $0.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.74 for the trailing ten years ended in Sep. 2021.

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.

As of today (2024-05-06), Echo Global Logistics's current stock price is $48.24. Echo Global Logistics's E10 for the quarter that ended in Sep. 2021 was $0.74. Echo Global Logistics's Shiller PE Ratio of today is 65.19.


Echo Global Logistics E10 Historical Data

The historical data trend for Echo Global Logistics'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.

Echo Global Logistics E10 Chart

Echo Global Logistics Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.44 0.53 0.56 0.58

Echo Global Logistics Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.55 0.58 0.61 0.68 0.74

Competitive Comparison of Echo Global Logistics's E10

For the Integrated Freight & Logistics subindustry, Echo Global Logistics'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.


Echo Global Logistics's Shiller PE Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Echo Global Logistics's Shiller PE Ratio falls into.



Echo Global Logistics 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, Echo Global Logistics's adjusted earnings per share data for the three months ended in Sep. 2021 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=0.7/115.7343*115.7343
=0.700

Current CPI (Sep. 2021) = 115.7343.

Echo Global Logistics Quarterly Data

per share eps CPI Adj_EPS
201112 0.150 95.213 0.182
201203 0.150 96.783 0.179
201206 0.150 96.819 0.179
201209 0.100 97.633 0.119
201212 0.140 96.871 0.167
201303 0.130 98.209 0.153
201306 0.180 98.518 0.211
201309 0.190 98.790 0.223
201312 0.120 98.326 0.141
201403 0.100 99.695 0.116
201406 0.180 100.560 0.207
201409 0.230 100.428 0.265
201412 0.200 99.070 0.234
201503 0.140 99.621 0.163
201506 -0.030 100.684 -0.034
201509 0.110 100.392 0.127
201512 0.060 99.792 0.070
201603 0.010 100.470 0.012
201606 0.070 101.688 0.080
201609 0.080 101.861 0.091
201612 -0.100 101.863 -0.114
201703 -0.100 102.862 -0.113
201706 -0.010 103.349 -0.011
201709 0.090 104.136 0.100
201712 0.480 104.011 0.534
201803 0.170 105.290 0.187
201806 0.280 106.317 0.305
201809 0.330 106.507 0.359
201812 0.250 105.998 0.273
201903 0.130 107.251 0.140
201906 0.190 108.070 0.203
201909 0.180 108.329 0.192
201912 0.050 108.420 0.053
202003 -0.110 108.902 -0.117
202006 0.040 108.767 0.043
202009 0.260 109.815 0.274
202012 0.410 109.897 0.432
202103 0.380 111.754 0.394
202106 0.690 114.631 0.697
202109 0.700 115.734 0.700

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


Echo Global Logistics  (NAS:ECHO) 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.

Echo Global Logistics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=48.24/0.74
=65.19

* 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.


Be Aware

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


Echo Global Logistics E10 Related Terms

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


Echo Global Logistics (Echo Global Logistics) Business Description

Traded in Other Exchanges
N/A
Address
600 West Chicago Avenue, Suite 725, Chicago, IL, USA, 60654
Founded in 2005, Echo Global Logistics is an asset-light third-party logistics provider primarily focused on domestic truckload and less-than-truckload brokerage. It also offers intermodal and international air and ocean freight forwarding services, though to a lesser degree. Key strategic initiatives include gaining organic market share in the highly fragmented brokerage industry and supplementing its sales capabilities through tuck-in acquisitions. Echo completed its initial public offering in October 2009.
Executives
Douglas R Waggoner director, officer: Chief Executive Officer
Matthew Wagner Ferguson director C/O ECHO GLOBAL LOGISTICS, INC. 600 W CHICAGO AVE, SUITE 725 CHICAGO IL 60654
Samuel K Skinner director 233 NORTH MICHIGAN AVENUE, 22ND FLOOR, CHICAGO IL 60601
David B Menzel officer: Chief Financial Officer C/O ECHO GLOBAL LOGISTICS, INC. 600 WEST CHICAGO AVENUE, SUITE 725 CHICAGO IL 60654
Douglas Hong officer: Controller 600 WEST CHICAGO AVENUE SUITE 725 CHICAGO IL 60654
Peter Rogers officer: Controller C/O ECHO GLOBAL LOGISTICS 600 W. CHICAGO AVENUE, SUITE 725 CHICAGO IL 60654
Kyle Sauers officer: Chief Financial Officer C/O ECHO GLOBAL LOGISTICS, 600 W. CHICAGO AVENUE, SUITE 725, CHICAGO IL 60654
Virginia Henkels director SWIFT TRANSPORTATION COMPANY, 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Farrow William M Iii director C/O CBOE GLOBAL MARKETS, INC., 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Paul Loeb director 600 W. CHICAGO AVENUE SUITE 725 CHICAGO IL 60654
Bradley A Keywell director
Eric P Lefkofsky director, 10 percent owner 501 SILVERSIDE ROAD SUITE 87F, WILMONGTON DE 19809
Evan Schumacher officer: Chief Commercial Officer C/O ECHO GLOBAL LOGISTICS 600 W. CHICAGO AVENUE, SUITE 725 CHICAGO IL 60654
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
John R Walter director 401 NORTH AHWAHNEE RD, LAKE FOREST IL 60045