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International Game Technology (International Game Technology) E10 : $-0.56 (As of Dec. 2023)


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What is International Game Technology 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.

International Game Technology's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.56 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -11.00% 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 International Game Technology was -11.00% per year. The lowest was -11.00% per year. And the median was -11.00% per year.

As of today (2024-04-27), International Game Technology's current stock price is $20.30. International Game Technology's E10 for the quarter that ended in Dec. 2023 was $-0.56. International Game Technology's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of International Game Technology was 501.00. The lowest was 21.55. And the median was 105.14.


International Game Technology E10 Historical Data

The historical data trend for International Game Technology'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.

International Game Technology E10 Chart

International Game Technology 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 0.03 -0.41 -0.35 -0.47 -0.56

International Game Technology 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 -0.47 -0.54 -0.59 -0.58 -0.56

Competitive Comparison of International Game Technology's E10

For the Gambling subindustry, International Game Technology'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.


International Game Technology's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, International Game Technology's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where International Game Technology's Shiller PE Ratio falls into.



International Game Technology 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, International Game Technology'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)
=-0.04/130.0000*130.0000
=-0.040

Current CPI (Dec. 2023) = 130.0000.

International Game Technology Quarterly Data

per share eps CPI Adj_EPS
201403 0.591 99.300 0.774
201406 0.320 99.800 0.417
201409 0.440 100.000 0.572
201412 -0.870 99.900 -1.132
201503 -0.230 99.600 -0.300
201506 -0.590 100.100 -0.766
201509 0.040 100.200 0.052
201512 0.400 100.400 0.518
201603 -0.460 100.400 -0.596
201606 0.360 101.000 0.463
201609 -0.010 101.500 -0.013
201612 1.150 102.200 1.463
201703 -0.270 102.700 -0.342
201706 -1.430 103.500 -1.796
201709 -3.950 104.300 -4.923
201712 0.400 105.000 0.495
201803 -0.510 105.100 -0.631
201806 0.790 105.900 0.970
201809 0.110 106.600 0.134
201812 -0.500 107.100 -0.607
201903 0.200 107.000 0.243
201906 0.020 107.900 0.024
201909 0.510 108.400 0.612
201912 -0.820 108.500 -0.982
202003 -1.210 108.600 -1.448
202006 -1.370 108.800 -1.637
202009 -0.620 109.200 -0.738
202012 -1.180 109.400 -1.402
202103 0.440 109.700 0.521
202106 1.490 111.400 1.739
202109 0.310 112.400 0.359
202112 0.100 114.700 0.113
202203 0.390 116.500 0.435
202206 -0.020 120.500 -0.022
202209 1.300 122.300 1.382
202212 -0.310 125.300 -0.322
202303 0.110 126.800 0.113
202306 0.230 129.400 0.231
202309 0.460 130.100 0.460
202312 -0.040 130.000 -0.040

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


International Game Technology  (NYSE:IGT) 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 International Game Technology was 501.00. The lowest was 21.55. And the median was 105.14.


Be Aware

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


International Game Technology E10 Related Terms

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


International Game Technology (International Game Technology) Business Description

Traded in Other Exchanges
Address
10 Finsbury Square, Third Floor, London, GBR, EC2A 1AF
International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels. The company's operating segments include Global Lottery, Global Gaming, and Digital & Betting.. It generates maximum revenue from the Global Lottery segment. Global Lottery segment provides lottery products and services to governmental organizations through operating contracts, facilities management contracts, lottery management agreements, and product sales contracts. Geographically, it derives a majority of revenue from the United States.