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International Speedway (International Speedway) E10 : $1.93 (As of Aug. 2019)


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What is International Speedway 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 Speedway's adjusted earnings per share data for the three months ended in Aug. 2019 was $0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.93 for the trailing ten years ended in Aug. 2019.

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 (2024-05-06), International Speedway's current stock price is $44.99. International Speedway's E10 for the quarter that ended in Aug. 2019 was $1.93. International Speedway's Shiller PE Ratio of today is 23.31.


International Speedway E10 Historical Data

The historical data trend for International Speedway'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 Speedway E10 Chart

International Speedway Annual Data
Trend Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.52 1.46 1.54 1.77

International Speedway Quarterly Data
Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
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 1.80 1.77 1.78 1.90 1.93

Competitive Comparison of International Speedway's E10

For the Leisure subindustry, International Speedway'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 Speedway's Shiller PE Ratio Distribution in the Travel & Leisure Industry

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

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



International Speedway 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 Speedway's adjusted earnings per share data for the three months ended in Aug. 2019 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Aug. 2019 (Change)*Current CPI (Aug. 2019)
=0.3/108.2446*108.2446
=0.300

Current CPI (Aug. 2019) = 108.2446.

International Speedway Quarterly Data

per share eps CPI Adj_EPS
200911 0.180 91.272 0.213
201002 0.530 91.445 0.627
201005 0.210 92.052 0.247
201008 0.075 92.108 0.088
201011 0.310 92.315 0.363
201102 0.450 93.373 0.522
201105 0.250 95.337 0.284
201108 0.200 95.582 0.226
201111 0.560 95.449 0.635
201202 0.370 96.053 0.417
201205 0.300 96.961 0.335
201208 -0.020 97.199 -0.022
201211 0.530 97.133 0.591
201302 0.290 97.953 0.320
201305 0.480 98.282 0.529
201308 -0.170 98.675 -0.186
201311 0.370 98.334 0.407
201402 0.430 99.057 0.470
201405 0.460 100.373 0.496
201408 0.004 100.352 0.004
201411 0.550 99.635 0.598
201502 0.320 99.032 0.350
201505 0.290 100.333 0.313
201508 -0.080 100.548 -0.086
201511 0.690 100.135 0.746
201602 0.430 100.040 0.465
201605 0.470 101.355 0.502
201608 0.050 101.617 0.053
201611 0.720 101.829 0.765
201702 0.470 102.779 0.495
201705 0.290 103.256 0.304
201708 0.010 103.587 0.010
201711 1.720 104.072 1.789
201802 3.830 105.052 3.946
201805 0.380 106.148 0.388
201808 0.270 106.383 0.275
201811 0.620 106.338 0.631
201902 0.500 106.649 0.507
201905 0.350 108.048 0.351
201908 0.300 108.245 0.300

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


International Speedway  (NAS:ISCA) 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.

International Speedway's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=44.99/1.93
=23.31

* 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.


International Speedway E10 Related Terms

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


International Speedway (International Speedway) Business Description

Traded in Other Exchanges
N/A
Address
One Daytona Boulevard, Daytona Beach, FL, USA, 32114
International Speedway operates 13 motorsports stadiums that host more than 100 motorsports events during the racing season, including the famed Daytona 500 and Talladega Superspeedway races. The company has built a casino at its Kansas Speedway in a joint venture with Penn National Gaming. International Speedway is majority-owned by the France family, which also owns privately held NASCAR. About 70% of revenue comes from the motorsports segment, which includes lucrative broadcasting rights.
Executives
Larree M Renda director
Hyatt J Brown director 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Larry Aiello director ONE RIVERFRONT PLZ, CORNING NY 14831
Ford Edsel B Ii director C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Edward H Rensi director 8400 KEARNEY ROAD, DOWNERS GROVE IL 60516
Gregory W Penske director 3534 NORTH PECK ROAD, EL MONTE CA 91731

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