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Genworth Financial (Genworth Financial) E10 : $0.13 (As of Dec. 2023)


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What is Genworth Financial 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.

Genworth Financial's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Genworth Financial's average E10 Growth Rate was -51.90% per year. During the past 3 years, the average E10 Growth Rate was 63.00% 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 Genworth Financial was 200.00% per year. The lowest was -44.20% per year. And the median was 63.00% per year.

As of today (2024-04-27), Genworth Financial's current stock price is $5.99. Genworth Financial's E10 for the quarter that ended in Dec. 2023 was $0.13. Genworth Financial's Shiller PE Ratio of today is 46.08.

During the past 13 years, the highest Shiller PE Ratio of Genworth Financial was 441.00. The lowest was 8.10. And the median was 18.24.


Genworth Financial E10 Historical Data

The historical data trend for Genworth Financial'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.

Genworth Financial E10 Chart

Genworth Financial 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 0.01 0.03 0.21 0.27 0.13

Genworth Financial 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 0.27 0.26 0.25 0.23 0.13

Competitive Comparison of Genworth Financial's E10

For the Insurance - Life subindustry, Genworth Financial'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.


Genworth Financial's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Genworth Financial's Shiller PE Ratio distribution charts can be found below:

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



Genworth Financial 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, Genworth Financial'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)
=-0.47/129.4194*129.4194
=-0.470

Current CPI (Dec. 2023) = 129.4194.

Genworth Financial Quarterly Data

per share eps CPI Adj_EPS
201403 0.370 99.695 0.480
201406 0.350 100.560 0.450
201409 -1.700 100.428 -2.191
201412 -1.530 99.070 -1.999
201503 0.310 99.621 0.403
201506 -0.390 100.684 -0.501
201509 -0.570 100.392 -0.735
201512 -0.590 99.792 -0.765
201603 0.110 100.470 0.142
201606 0.340 101.688 0.433
201609 -0.760 101.861 -0.966
201612 -0.250 101.863 -0.318
201703 0.310 102.862 0.390
201706 0.400 103.349 0.501
201709 0.210 104.136 0.261
201712 0.700 104.011 0.871
201803 0.220 105.290 0.270
201806 0.380 106.317 0.463
201809 0.290 106.507 0.352
201812 -0.660 105.998 -0.806
201903 0.340 107.251 0.410
201906 0.330 108.070 0.395
201909 0.040 108.329 0.048
201912 -0.030 108.420 -0.036
202003 -0.130 108.902 -0.154
202006 -0.870 108.767 -1.035
202009 0.820 109.815 0.966
202012 0.520 109.897 0.612
202103 0.370 111.754 0.428
202106 0.470 114.631 0.531
202109 0.610 115.734 0.682
202112 0.320 117.630 0.352
202203 0.370 121.301 0.395
202206 0.310 125.017 0.321
202209 0.270 125.227 0.279
202212 0.350 125.222 0.362
202303 0.120 127.348 0.122
202306 0.290 128.729 0.292
202309 0.060 129.860 0.060
202312 -0.470 129.419 -0.470

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


Genworth Financial  (NYSE:GNW) 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.

Genworth Financial's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.99/0.13
=46.08

* 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 Genworth Financial was 441.00. The lowest was 8.10. And the median was 18.24.


Be Aware

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


Genworth Financial E10 Related Terms

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


Genworth Financial (Genworth Financial) Business Description

Traded in Other Exchanges
N/A
Address
6620 West Broad Street, Richmond, VA, USA, 23230
Genworth Financial is a diversified insurance holding company that provides various mortgage and life insurance products. The company has three main operating business segments: Enact, U.S. Life Insurance, and Runoff. The company's product portfolio includes various financial products such as traditional life insurance, mortgage insurance, fixed annuities, and variable annuities. most of the revenue is generated by the company's U.S. life insurance segment that offers long-term care insurance, fixed annuity, and traditional life insurance products. The company earns most of its revenue in the United States.
Executives
Thomas J Mcinerney director, officer: President and CEO; Director 6620 WEST BROAD STREET, RICHMOND VA 23230
Cristina E. Ahn officer: VP and Controller C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Kelly A Saltzgaber officer: EVP & Chief Investment Officer C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Rohit Gupta officer: EVP?U.S. Mortgage Insurance C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Sheehan Daniel J Iv officer: SVP - Chief Investment Officer 6620 WEST BROAD STREET, RICHMOND VA 23230
Andrea Lynn White officer: EVP-GR & Chief of Staff C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Mark Blakeley Hodges officer: EVP and CRO C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Elaine A Sarsynski director 312 FARMINGTON AVE, FARMINGTON CT 06032
Restrepo Robert P Jr director
Melissa Hagerman officer: EVP and Chief HR Officer C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Gregory S. Karawan officer: EVP and General Counsel C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Mills Howard D. Iii director C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Jill R Goodman director 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Ramsey D. Smith director C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Karen Elizabeth Dyson director 21 RIVERSIDE DR., APT 601, COCOA FL 32922