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Quaker Houghton (Quaker Houghton) E10 : $4.21 (As of Dec. 2023)


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What is Quaker Houghton 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.

Quaker Houghton's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Quaker Houghton's average E10 Growth Rate was 5.00% per year. During the past 3 years, the average E10 Growth Rate was 3.70% per year. During the past 5 years, the average E10 Growth Rate was 2.30% per year. During the past 10 years, the average E10 Growth Rate was 6.00% 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 Quaker Houghton was 16.20% per year. The lowest was -5.50% per year. And the median was 4.70% per year.

As of today (2024-04-28), Quaker Houghton's current stock price is $190.23. Quaker Houghton's E10 for the quarter that ended in Dec. 2023 was $4.21. Quaker Houghton's Shiller PE Ratio of today is 45.19.

During the past 13 years, the highest Shiller PE Ratio of Quaker Houghton was 78.17. The lowest was 23.50. And the median was 41.27.


Quaker Houghton E10 Historical Data

The historical data trend for Quaker Houghton'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.

Quaker Houghton E10 Chart

Quaker Houghton 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 3.83 3.77 4.28 4.01 4.21

Quaker Houghton 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 4.01 4.10 4.15 4.25 4.21

Competitive Comparison of Quaker Houghton's E10

For the Specialty Chemicals subindustry, Quaker Houghton'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.


Quaker Houghton's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Quaker Houghton's Shiller PE Ratio distribution charts can be found below:

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



Quaker Houghton 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, Quaker Houghton'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)
=1.12/129.4194*129.4194
=1.120

Current CPI (Dec. 2023) = 129.4194.

Quaker Houghton Quarterly Data

per share eps CPI Adj_EPS
201403 0.960 99.695 1.246
201406 1.160 100.560 1.493
201409 1.180 100.428 1.521
201412 0.950 99.070 1.241
201503 0.780 99.621 1.013
201506 1.130 100.684 1.453
201509 1.080 100.392 1.392
201512 0.860 99.792 1.115
201603 0.980 100.470 1.262
201606 1.130 101.688 1.438
201609 1.210 101.861 1.537
201612 1.310 101.863 1.664
201703 0.520 102.862 0.654
201706 0.890 103.349 1.115
201709 0.830 104.136 1.032
201712 -0.730 104.011 -0.908
201803 0.950 105.290 1.168
201806 1.440 106.317 1.753
201809 1.470 106.507 1.786
201812 0.580 105.998 0.708
201903 1.030 107.251 1.243
201906 1.170 108.070 1.401
201909 -0.800 108.329 -0.956
201912 0.860 108.420 1.027
202003 -1.600 108.902 -1.901
202006 -0.430 108.767 -0.512
202009 1.530 109.815 1.803
202012 2.720 109.897 3.203
202103 2.150 111.754 2.490
202106 1.880 114.631 2.123
202109 1.730 115.734 1.935
202112 1.010 117.630 1.111
202203 1.110 121.301 1.184
202206 0.800 125.017 0.828
202209 1.440 125.227 1.488
202212 -4.240 125.222 -4.382
202303 1.640 127.348 1.667
202306 1.630 128.729 1.639
202309 1.870 129.860 1.864
202312 1.120 129.419 1.120

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


Quaker Houghton  (NYSE:KWR) 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.

Quaker Houghton's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=190.23/4.21
=45.19

* 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 Quaker Houghton was 78.17. The lowest was 23.50. And the median was 41.27.


Be Aware

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


Quaker Houghton E10 Related Terms

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


Quaker Houghton (Quaker Houghton) Business Description

Traded in Other Exchanges
N/A
Address
901 East Hector Street, Conshohocken, PA, USA, 19428-2380
Quaker Houghton manufactures and sells a variety of industrial process fluids. The product portfolio of the company includes metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids and surface treatment chemicals. The geographic segments of the company includes America, EMEA, Asia/Pacific and Global Specialty Businesses. Majority of the revenue is earned from America.
Executives
Jeewat Bijlani officer: SVP - Managing Director, Ams. QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Anna Ransley officer: SVP, CDIO QUAKER CHEMICAL CORPORATION, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Russell Shaller director 6555 WEST GOOD HOPE RD, MILWAUKEE WI 53223
Melissa Leneis officer: SVP, CHRO QUAKER CHEMICAL CORPORATION, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Jeffry D Frisby director C/O QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 HECTOR STREET, CONSHOHOCKEN PA 19428
David Slinkman officer: SVP - Chief Technology Officer QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Joseph A Berquist officer: VP & Managing Director - NA QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Robert T Traub officer: SVP, GC & Corp. Sec. QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
David Will other: VP, Global Controller & PAO QUAKER CHEMICAL CORPORATION, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Michael F Barry officer: VP & CFO & Treasurer ONE QUAKER PARK, 901 HECTOR ST, CONSHOHOCHEN PA 19428
Jeffrey L Fleck officer: SVP, Chief GSCO 1310 SEABOARD INDUSTRIAL BLVD, ATLANTA X1 30318
L Wilbert Platzer officer: VP - WWO
Dieter Laininger officer: Vice President - Global Steel QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Gulf Hungary Holding Korlatolt Felelossegu Tarsasag 10 percent owner FURJ UTCA 2, BUDAPEST K5 1124
Qh Hungary Holdings Ltd 10 percent owner STERLING TRUST CAYMAN LTD, WH, 238 NORTH CHURCH STREET, P.O BOX 1043, GEORGE TOWN E9 KY1-1102