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SEI Investments Co (SEI Investments Co) E10 : $3.33 (As of Dec. 2023)


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What is SEI Investments 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.

SEI Investments Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.33 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SEI Investments Co's average E10 Growth Rate was 7.40% per year. During the past 3 years, the average E10 Growth Rate was 13.00% per year. During the past 5 years, the average E10 Growth Rate was 12.80% per year. During the past 10 years, the average E10 Growth Rate was 11.40% 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 SEI Investments Co was 33.20% per year. The lowest was 7.00% per year. And the median was 13.25% per year.

As of today (2024-04-27), SEI Investments Co's current stock price is $66.57. SEI Investments Co's E10 for the quarter that ended in Dec. 2023 was $3.33. SEI Investments Co's Shiller PE Ratio of today is 19.99.

During the past 13 years, the highest Shiller PE Ratio of SEI Investments Co was 48.31. The lowest was 15.64. And the median was 28.00.


SEI Investments Co E10 Historical Data

The historical data trend for SEI Investments 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.

SEI Investments Co E10 Chart

SEI Investments 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 2.12 2.31 2.72 3.10 3.33

SEI Investments Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.17 3.24 3.30 3.33 -

Competitive Comparison of SEI Investments Co's E10

For the Asset Management subindustry, SEI Investments 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.


SEI Investments Co's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SEI Investments Co's Shiller PE Ratio distribution charts can be found below:

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



SEI Investments 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, SEI Investments 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)
=0.91/129.4194*129.4194
=0.910

Current CPI (Dec. 2023) = 129.4194.

SEI Investments Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.430 99.695 0.558
201406 0.480 100.560 0.618
201409 0.490 100.428 0.631
201412 0.450 99.070 0.588
201503 0.500 99.621 0.650
201506 0.510 100.684 0.656
201509 0.470 100.392 0.606
201512 0.480 99.792 0.623
201603 0.470 100.470 0.605
201606 0.490 101.688 0.624
201609 0.530 101.861 0.673
201612 0.550 101.863 0.699
201703 0.550 102.862 0.692
201706 0.570 103.349 0.714
201709 0.630 104.136 0.783
201712 0.750 104.011 0.933
201803 0.860 105.290 1.057
201806 0.750 106.317 0.913
201809 0.800 106.507 0.972
201812 0.730 105.998 0.891
201903 0.730 107.251 0.881
201906 0.820 108.070 0.982
201909 0.860 108.329 1.027
201912 0.840 108.420 1.003
202003 0.720 108.902 0.856
202006 0.680 108.767 0.809
202009 0.750 109.815 0.884
202012 0.860 109.897 1.013
202103 0.890 111.754 1.031
202106 0.930 114.631 1.050
202109 0.970 115.734 1.085
202112 1.030 117.630 1.133
202203 1.360 121.301 1.451
202206 0.810 125.017 0.839
202209 0.450 125.227 0.465
202212 0.830 125.222 0.858
202303 0.790 127.348 0.803
202306 0.890 128.729 0.895
202309 0.870 129.860 0.867
202312 0.910 129.419 0.910

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


SEI Investments Co  (NAS:SEIC) 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.

SEI Investments Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=66.57/3.33
=19.99

* 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 SEI Investments Co was 48.31. The lowest was 15.64. And the median was 28.00.


Be Aware

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


SEI Investments Co E10 Related Terms

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


SEI Investments Co (SEI Investments Co) Business Description

Traded in Other Exchanges
Address
1 Freedom Valley Drive, Oaks, PA, USA, 19456
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2022, SEI (including LSV) manages, administers, or advises on over $1.2 trillion in assets.
Executives
West Alfred P Jr director, 10 percent owner, officer: Chairman and Chief Executive 1 FREEDOM VALLEY DRIVE, OAKS PA 19456
Carmen Romeo director, officer: Executive Vice President
Wayne Withrow officer: Executive Vice President
Stephanie D. Miller director 1 FREEDOM VALLEY DRIVE, OAKS PA 19456
Michael Peterson officer: EXECUTIVE VICE PRESIDENT GC 1 FREEDOM VALLEY DRIVE, OAKS X1 19456
Kathryn Mccarthy director ONE FREEDOM VALLEY DRIVE, OAKS PA 19456
Dennis Mcgonigle officer: Executive Vice President/CFO ONE FREEDOM VALLEY DRIVE, OAKS PA 19456
Ryan Hicke officer: Executive Vice President ONE FREEDOM VALLEY DRIVE, OAKS PA 19456
Mark Andrew Warner officer: VP, Controller and CAO 1 FREEDOM VALLEY DRIVE, OAKS PA 19456
Sarah Blumenstein director
Sanjay Sharma officer: EVP (*Remarks) ONE FREEDOM VALLEY DRIVE, OAKS PA 19456
Philip Mccabe officer: EVP - Head of Investment Mgr ONE FREEDOM VALLEY DRIVE, OAKS PA 19456
Kevin Barr officer: Executive Vice President 1 FREEDOM VALLEY DRIVE, OAKS PA 19456
Kathy Heilig officer: Controller/Senior Vice Preside
Jonathan Brassington director ONE FREEDOM VALLEY DRIVE, OAKS PA 19456