GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Manitowoc Co Inc (NYSE:MTW) » Definitions » E10

Manitowoc Co (Manitowoc Co) E10 : $-0.95 (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Manitowoc Co 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.

Manitowoc Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.95 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 Manitowoc Co was 79.50% per year. The lowest was -101.40% per year. And the median was 27.50% per year.

As of today (2024-04-27), Manitowoc Co's current stock price is $12.64. Manitowoc Co's E10 for the quarter that ended in Dec. 2023 was $-0.95. Manitowoc Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Manitowoc Co was 1215.00. The lowest was 13.40. And the median was 51.44.


Manitowoc Co E10 Historical Data

The historical data trend for Manitowoc Co'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.

Manitowoc Co E10 Chart

Manitowoc Co 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 -0.06 0.16 0.24 -0.49 -0.95

Manitowoc Co 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 -0.49 -0.49 -0.67 -0.85 -0.95

Competitive Comparison of Manitowoc Co's E10

For the Farm & Heavy Construction Machinery subindustry, Manitowoc Co'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.


Manitowoc Co's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitowoc Co's Shiller PE Ratio distribution charts can be found below:

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



Manitowoc Co 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, Manitowoc Co'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)
=-0.23/129.4194*129.4194
=-0.230

Current CPI (Dec. 2023) = 129.4194.

Manitowoc Co Quarterly Data

per share eps CPI Adj_EPS
201403 -0.280 99.695 -0.363
201406 1.360 100.560 1.750
201409 2.120 100.428 2.732
201412 1.000 99.070 1.306
201503 -0.240 99.621 -0.312
201506 0.680 100.684 0.874
201509 0.160 100.392 0.206
201512 1.280 99.792 1.660
201603 -5.720 100.470 -7.368
201606 -0.160 101.688 -0.204
201609 -4.080 101.861 -5.184
201612 -0.960 101.863 -1.220
201703 -1.030 102.862 -1.296
201706 0.010 103.349 0.013
201709 0.270 104.136 0.336
201712 0.970 104.011 1.207
201803 -0.280 105.290 -0.344
201806 0.270 106.317 0.329
201809 0.320 106.507 0.389
201812 -2.200 105.998 -2.686
201903 -0.750 107.251 -0.905
201906 1.290 108.070 1.545
201909 0.510 108.329 0.609
201912 0.260 108.420 0.310
202003 -0.220 108.902 -0.261
202006 -0.370 108.767 -0.440
202009 -0.010 109.815 -0.012
202012 0.050 109.897 0.059
202103 -0.090 111.754 -0.104
202106 0.500 114.631 0.565
202109 -0.010 115.734 -0.011
202112 -0.100 117.630 -0.110
202203 0.090 121.301 0.096
202206 0.420 125.017 0.435
202209 0.070 125.227 0.072
202212 -4.100 125.222 -4.237
202303 0.460 127.348 0.467
202306 0.570 128.729 0.573
202309 0.290 129.860 0.289
202312 -0.230 129.419 -0.230

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


Manitowoc Co  (NYSE:MTW) 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 Manitowoc Co was 1215.00. The lowest was 13.40. And the median was 51.44.


Be Aware

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


Manitowoc Co E10 Related Terms

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


Manitowoc Co (Manitowoc Co) Business Description

Traded in Other Exchanges
N/A
Address
11270 West Park Place, Suite 1000, Milwaukee, WI, USA, 53224
Manitowoc Co Inc provides engineered lifting solutions. It designs and manufactures mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as Grove, Manitowoc, National Crane, Potain, Shuttlelift, and Manitowoc Crane Care. Its crane products serve dealers, rental companies, contractors, and government entities in diverse markets, including energy production/distribution and utility, petrochemical and industrial, infrastructure, and commercial/residential construction. Manitowoc has three reportable segments: the Americas, Europe and Africa, and the Middle East and Asia-Pacific. The Americas segment provides the largest revenue stream to the firm.
Executives
Anne E Belec director C/O THE MANITOWOC COMPANY, INC., 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Jennifer L Peterson officer: EVP, Gen. Counsel & Secretary ONE PARK PLAZA, 11270 W PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
James Steele Cook officer: EVP, Human Resources 11270 WEST PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Ryan M Palmer officer: VP, Corporate Controller & POA 11270 WEST PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
John Charles Pfeifer director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Anne M Cooney director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Aaron H. Ravenscroft officer: President & CEO ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Leslie L. Middleton officer: EVP Mobile Cranes THE MANITOWOC COMPANY, INC., ONE PARK PLAZA, 11270 W PARK PL STE 1000, MILWAUKEE WI 53224
Brian P Regan officer: VP, Corporate Controller & PAO THE MANITOWOC COMPANY INC ONE PARK PLAZA, 11270 W PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Kenneth W Krueger director
Robert W Malone director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Amy Rochelle Davis director 500 JACKSON STREET, COLUMBUS IN 47201
Terrance L Collins officer: EVP Human Resources C/O ZEBRA TECHNOLOGIES CORPORATION, 475 HALF DAY ROAD, SUITE 500, LINCOLNSHIRE IL 60069
Charles David Myers director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Condon Donald Marion Jr director 2801 POAST OAK BLVD., SUITE 600, HOUSTON TX 77056