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Glatfelter (Glatfelter) E10 : $-0.63 (As of Dec. 2023)


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What is Glatfelter 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.

Glatfelter's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.63 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Glatfelter was 19.60% per year. The lowest was -33.20% per year. And the median was 2.75% per year.

As of today (2024-04-27), Glatfelter's current stock price is $1.49. Glatfelter's E10 for the quarter that ended in Dec. 2023 was $-0.63. Glatfelter's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Glatfelter was 361.50. The lowest was 9.04. And the median was 18.30.


Glatfelter E10 Historical Data

The historical data trend for Glatfelter'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.

Glatfelter E10 Chart

Glatfelter 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 0.51 0.42 0.35 -0.25 -0.63

Glatfelter 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 -0.25 -0.33 -0.42 -0.56 -0.63

Competitive Comparison of Glatfelter's E10

For the Paper & Paper Products subindustry, Glatfelter'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.


Glatfelter's Shiller PE Ratio Distribution in the Forest Products Industry

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

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



Glatfelter 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, Glatfelter'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)
=-0.19/129.4194*129.4194
=-0.190

Current CPI (Dec. 2023) = 129.4194.

Glatfelter Quarterly Data

per share eps CPI Adj_EPS
201403 0.330 99.695 0.428
201406 0.110 100.560 0.142
201409 0.690 100.428 0.889
201412 0.450 99.070 0.588
201503 0.320 99.621 0.416
201506 0.060 100.684 0.077
201509 0.310 100.392 0.400
201512 0.780 99.792 1.012
201603 0.370 100.470 0.477
201606 0.040 101.688 0.051
201609 0.440 101.861 0.559
201612 -0.370 101.863 -0.470
201703 0.260 102.862 0.327
201706 -0.130 103.349 -0.163
201709 0.270 104.136 0.336
201712 -0.230 104.011 -0.286
201803 0.130 105.290 0.160
201806 -0.170 106.317 -0.207
201809 -2.190 106.507 -2.661
201812 -1.830 105.998 -2.234
201903 0.120 107.251 0.145
201906 0.130 108.070 0.156
201909 0.280 108.329 0.335
201912 -1.010 108.420 -1.206
202003 0.170 108.902 0.202
202006 -0.050 108.767 -0.059
202009 0.150 109.815 0.177
202012 0.210 109.897 0.247
202103 0.190 111.754 0.220
202106 0.030 114.631 0.034
202109 0.170 115.734 0.190
202112 -0.230 117.630 -0.253
202203 -2.420 121.301 -2.582
202206 -0.040 125.017 -0.041
202209 -1.110 125.227 -1.147
202212 -0.760 125.222 -0.785
202303 -0.300 127.348 -0.305
202306 -0.830 128.729 -0.834
202309 -0.430 129.860 -0.429
202312 -0.190 129.419 -0.190

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


Glatfelter  (NYSE:GLT) 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.

During the past 13 years, the highest Shiller P/E Ratio of Glatfelter was 361.50. The lowest was 9.04. And the median was 18.30.


Be Aware

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


Glatfelter E10 Related Terms

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


Glatfelter (Glatfelter) Business Description

Traded in Other Exchanges
Address
4350 Congress Street, Suite 600, Charlotte, NC, USA, 28209
Glatfelter Corporation manufactures and sells a variety of paper and fiber products. The company operates through two segments: Composite Fibers and Airlaid Materials. The Composite Fibers segment produces materials used in coffee and tea filtration, wallcovering, consumer product, and fiber-based applications for commercial and industrial use. The Airlaid Materials segment produces materials used in feminine hygiene, specialty wipes, tabletop, home care, and other consumables. The majority of the company's manufacturing facilities are located in North America and Europe, and it has sales and distribution offices in Russia, Italy, China, and the United States. Products are sold worldwide, with most of its revenue coming from Europe, the United States, and Canada.
Executives
Carlson Capital L P 10 percent owner 2100 MCKINNEY AVE, STE 1900, DALLAS TX 75201
Black Diamond Offshore Ltd. 10 percent owner CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, GRAND CAYMAN E9 KY1-1205
Boris Illetschko officer: SVP, Chief Operating Officer GRAFENAUWEG, 8, ZUG V8 6300
Kevin Michael Fogarty director 30 GRAND GARDEN COURT, THE WOODLANDS TX 77381
David C Elder officer: Corp Controller 96 S. GEORGE STREET, SUITE 400, YORK PA 17401
Wolfgang Laures officer: SVP, Global Supply Chain 96 S. GEORGE ST., SUITE 520, YORK PA 17401
Delaware Domiciled Single Investor Limited Partnership - 101 10 percent owner 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Black Diamond Arbitrage Offshore Ltd. 10 percent owner 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Asgard Investment Corp. Ii 10 percent owner 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Double Black Diamond Offshore Ltd 10 percent owner CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, CAMANA BAY E9 KY-1205
Clint Duane Carlson 10 percent owner 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Darrel H. Hackett director 4350 CONGRESS STREET, SUITE 600, CHARLOTTE NC 28209
Thomas Fahnemann director, officer: CEO 5664 YARDARM CT., CAPE CORAL FL 33914
J Robert Hall director GLATFELTER, 96 SOUTH GEORGE ST STE 500, YORK PA 17401
Dante C Parrini officer: Vice President GLATFELTER, 96 SOUTH GEORGE ST, SUITE 520, YORK PA 17401

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