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Energizer Holdings (Energizer Holdings) E10 : $1.06 (As of Dec. 2023)


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What is Energizer Holdings 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.

Energizer Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.06 for the trailing ten years ended in Dec. 2023.

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 (2024-04-27), Energizer Holdings's current stock price is $28.51. Energizer Holdings's E10 for the quarter that ended in Dec. 2023 was $1.06. Energizer Holdings's Shiller PE Ratio of today is 26.90.

During the past 12 years, the highest Shiller PE Ratio of Energizer Holdings was 30.95. The lowest was 24.54. And the median was 28.55.


Energizer Holdings E10 Historical Data

The historical data trend for Energizer Holdings'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.

Energizer Holdings E10 Chart

Energizer Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.18

Energizer Holdings 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 - 1.14 1.17 1.18 1.06

Competitive Comparison of Energizer Holdings's E10

For the Electrical Equipment & Parts subindustry, Energizer Holdings'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.


Energizer Holdings's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Energizer Holdings's Shiller PE Ratio distribution charts can be found below:

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



Energizer Holdings 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, Energizer Holdings'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)
=0.03/129.4194*129.4194
=0.030

Current CPI (Dec. 2023) = 129.4194.

Energizer Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 0.266 99.695 0.345
201406 0.585 100.560 0.753
201409 0.749 100.428 0.965
201412 0.994 99.070 1.299
201503 -1.113 99.621 -1.446
201506 -0.320 100.684 -0.411
201509 0.370 100.392 0.477
201512 1.050 99.792 1.362
201603 0.260 100.470 0.335
201606 0.390 101.688 0.496
201609 0.340 101.861 0.432
201612 1.520 101.863 1.931
201703 0.750 102.862 0.944
201706 0.400 103.349 0.501
201709 0.550 104.136 0.684
201712 0.980 104.011 1.219
201803 0.130 105.290 0.160
201806 0.390 106.317 0.475
201809 0.020 106.507 0.024
201812 1.160 105.998 1.416
201903 -1.140 107.251 -1.376
201906 0.040 108.070 0.048
201909 0.610 108.329 0.729
201912 0.600 108.420 0.716
202003 -1.760 108.902 -2.092
202006 0.380 108.767 0.452
202009 -0.810 109.815 -0.955
202012 0.910 109.897 1.072
202103 -0.210 111.754 -0.243
202106 0.240 114.631 0.271
202109 1.140 115.734 1.275
202112 0.830 117.630 0.913
202203 0.270 121.301 0.288
202206 0.730 125.017 0.756
202209 -5.090 125.227 -5.260
202212 0.680 125.222 0.703
202303 0.550 127.348 0.559
202306 0.440 128.729 0.442
202309 0.270 129.860 0.269
202312 0.030 129.419 0.030

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


Energizer Holdings  (NYSE:ENR) 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.

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

Shiller PE Ratio=Share Price/E10
=28.51/1.06
=26.90

* 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 12 years, the highest Shiller P/E Ratio of Energizer Holdings was 30.95. The lowest was 24.54. And the median was 28.55.


Be Aware

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


Energizer Holdings E10 Related Terms

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


Energizer Holdings (Energizer Holdings) Business Description

Traded in Other Exchanges
N/A
Address
533 Maryville University Drive, Saint Louis, MO, USA, 63141
Energizer Holdings Inc makes and distributes household batteries, specialty batteries, and lighting products. Energizer offers batteries using lithium, alkaline, carbon-zinc, nickel-metal hydride, zinc-air, and silver oxide technologies. These products are sold under the Energizer, Rayovac, Varta and Eveready brands at performance and premium price segments. It also offers auto care products in the appearance, fragrance, performance, and air conditioning recharge product categories. The company operates in two geographical segments: Americas and International, of which the majority of its revenue is derived from the Americas segment.
Executives
Robin Vauth officer: EVP, International 533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141
Mark Stephen Lavigne officer: EXECUTIVE VP, COO 533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141
Bill G Armstrong director P O BOX 618, SAINT LOUIS MO 63101
Michael A Lampman officer: EVP, NA & Global Bus. Units 533 MARYVILLE UNIVERSITY DRIVE, SAINT LOUIS MO 63141
Sara B. Hampton officer: VP, Cont. & Chief Acct. Off. 533 MARYVILLE UNIVERSITY DR., SAINT LOUIS MO 63141
Timothy W Gorman officer: VP, Controller & PAO 1475 E. WOODFIELD ROAD, SCHAUMBURG IL 60173
Donal L Mulligan director ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Robert V Vitale director C/O POST HOLDINGS, INC., 2503 SOUTH HANLEY ROAD, ST. LOUIS MO 63144
John J Drabik officer: SVP, Corporate Controller 533 MARYVILLE UNIVERSITY DRIVE, SAINT LOUIS MO 63141
Rebecca Frankiewicz director 100 MANPOWER PLACE, MILWAUKEE WI 53212
Carlos Abrams-rivera director THE KRAFT HEINZ COMPANY, 200 E. RANDOLPH STREET SUITE 7600, CHICAGO IL 60601
Hannah K Kim officer: CLO & Corp. Secretary 533 MARYVILLE UNIVERSITY DRIVE, SAINT LOUIS MO 63141
John Eddy Klein director ONE PINE VALLEY DRIVE, ST. LOUIS MO 63124
Emily K Boss officer: VP, General Counsel ENERGIZER, 533 MARYVILLE UNIVERSITY DRIVE, SAINT LOUIS MO 63141
Susan K Drath officer: VP, Chief HR Officer 533 MARYVILLE UNIVERSITY DRIVE, SAINT LOUIS MO 63141