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Express Scripts Holding Co (Express Scripts Holding Co) E10 : $3.71 (As of Sep. 2018)


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What is Express Scripts Holding Co 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.

Express Scripts Holding Co's adjusted earnings per share data for the three months ended in Sep. 2018 was $1.890. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.71 for the trailing ten years ended in Sep. 2018.

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 (2024-05-05), Express Scripts Holding Co's current stock price is $92.33. Express Scripts Holding Co's E10 for the quarter that ended in Sep. 2018 was $3.71. Express Scripts Holding Co's Shiller PE Ratio of today is 24.89.


Express Scripts Holding Co E10 Historical Data

The historical data trend for Express Scripts Holding Co'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.

Express Scripts Holding Co E10 Chart

Express Scripts Holding Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.82 2.11 2.59 3.29

Express Scripts Holding Co Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 2.92 3.29 3.39 3.53 3.71

Competitive Comparison of Express Scripts Holding Co's E10

For the Healthcare Plans subindustry, Express Scripts Holding Co'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.


Express Scripts Holding Co's Shiller PE Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Express Scripts Holding Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Express Scripts Holding Co's Shiller PE Ratio falls into.



Express Scripts Holding Co 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, Express Scripts Holding Co's adjusted earnings per share data for the three months ended in Sep. 2018 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=1.89/106.5067*106.5067
=1.890

Current CPI (Sep. 2018) = 106.5067.

Express Scripts Holding Co Quarterly Data

per share eps CPI Adj_EPS
200812 0.415 88.697 0.498
200903 0.430 89.744 0.510
200906 0.370 91.003 0.433
200909 0.360 91.120 0.421
200912 0.410 91.111 0.479
201003 0.470 91.821 0.545
201006 0.530 91.962 0.614
201009 0.560 92.162 0.647
201012 0.610 92.474 0.703
201103 0.610 94.283 0.689
201106 0.660 95.235 0.738
201109 0.660 95.727 0.734
201112 0.600 95.213 0.671
201203 0.550 96.783 0.605
201206 0.180 96.819 0.198
201209 0.470 97.633 0.513
201212 0.630 96.871 0.693
201303 0.450 98.209 0.488
201306 0.660 98.518 0.714
201309 0.520 98.790 0.561
201312 0.630 98.326 0.682
201403 0.420 99.695 0.449
201406 0.670 100.560 0.710
201409 0.780 100.428 0.827
201412 0.780 99.070 0.839
201503 0.600 99.621 0.641
201506 0.880 100.684 0.931
201509 0.970 100.392 1.029
201512 1.130 99.792 1.206
201603 0.810 100.470 0.859
201606 1.130 101.688 1.184
201609 1.150 101.861 1.202
201612 2.300 101.863 2.405
201703 0.900 102.862 0.932
201706 1.370 103.349 1.412
201709 1.460 104.136 1.493
201712 4.020 104.011 4.116
201803 1.100 105.290 1.113
201806 1.550 106.317 1.553
201809 1.890 106.507 1.890

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


Express Scripts Holding Co  (NAS:ESRX) 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.

Express Scripts Holding Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=92.33/3.71
=24.89

* 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.


Express Scripts Holding Co E10 Related Terms

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


Express Scripts Holding Co (Express Scripts Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
Express Scripts is the largest pharmacy benefit manager in the United States. Through its mail-order pharmacy and network of retail pharmacies, Express Scripts processes approximately 1.3 billion adjusted prescriptions annually for its payer clients.