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Norwegian Cruise Line Holdings (WBO:NCLH) E10 : €-1.62 (As of Mar. 2024)


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What is Norwegian Cruise Line Holdings 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.

Norwegian Cruise Line Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.037. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.62 for the trailing ten years ended in Mar. 2024.

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 Norwegian Cruise Line Holdings was -32.00% per year. The lowest was -32.00% per year. And the median was -32.00% per year.

As of today (2024-06-07), Norwegian Cruise Line Holdings's current stock price is €16.992. Norwegian Cruise Line Holdings's E10 for the quarter that ended in Mar. 2024 was €-1.62. Norwegian Cruise Line Holdings's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Norwegian Cruise Line Holdings was 1074.33. The lowest was 4.13. And the median was 31.65.


Norwegian Cruise Line Holdings E10 Historical Data

The historical data trend for Norwegian Cruise Line Holdings'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.

Norwegian Cruise Line Holdings E10 Chart

Norwegian Cruise Line Holdings 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 1.91 0.35 -0.81 -1.51 -1.53

Norwegian Cruise Line Holdings 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 -1.46 -1.45 -1.54 -1.53 -1.62

Competitive Comparison of Norwegian Cruise Line Holdings's E10

For the Travel Services subindustry, Norwegian Cruise Line Holdings'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.


Norwegian Cruise Line Holdings's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Norwegian Cruise Line Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Norwegian Cruise Line Holdings's Shiller PE Ratio falls into.



Norwegian Cruise Line Holdings 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, Norwegian Cruise Line Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.037/131.7762*131.7762
=0.037

Current CPI (Mar. 2024) = 131.7762.

Norwegian Cruise Line Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 0.397 100.560 0.520
201409 0.753 100.428 0.988
201412 -0.097 99.070 -0.129
201503 -0.092 99.621 -0.122
201506 0.615 100.684 0.805
201509 0.971 100.392 1.275
201512 0.156 99.792 0.206
201603 0.287 100.470 0.376
201606 0.570 101.688 0.739
201609 1.336 101.861 1.728
201612 0.303 101.863 0.392
201703 0.252 102.862 0.323
201706 0.774 103.349 0.987
201709 1.460 104.136 1.848
201712 0.363 104.011 0.460
201803 0.365 105.290 0.457
201806 0.865 106.317 1.072
201809 1.808 106.507 2.237
201812 0.615 105.998 0.765
201903 0.478 107.251 0.587
201906 0.982 108.070 1.197
201909 1.898 108.329 2.309
201912 0.504 108.420 0.613
202003 -7.964 108.902 -9.637
202006 -2.655 108.767 -3.217
202009 -2.123 109.815 -2.548
202012 -2.063 109.897 -2.474
202103 -3.494 111.754 -4.120
202106 -1.610 114.631 -1.851
202109 -1.947 115.734 -2.217
202112 -3.549 117.630 -3.976
202203 -2.134 121.301 -2.318
202206 -1.154 125.017 -1.216
202209 -0.707 125.227 -0.744
202212 -1.076 125.222 -1.132
202303 -0.355 127.348 -0.367
202306 0.185 128.729 0.189
202309 0.665 129.860 0.675
202312 -0.229 129.419 -0.233
202403 0.037 131.776 0.037

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


Norwegian Cruise Line Holdings  (WBO:NCLH) 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 Norwegian Cruise Line Holdings was 1074.33. The lowest was 4.13. And the median was 31.65.


Be Aware

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


Norwegian Cruise Line Holdings E10 Related Terms

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


Norwegian Cruise Line Holdings (WBO:NCLH) Business Description

Traded in Other Exchanges
Address
7665 Corporate Center Drive, Miami, FL, USA, 33126
Norwegian Cruise Line is the world's third-largest cruise company by berths (at more than 66,000), operating 31 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising. The company had redeployed its entire fleet as of May 2022. With six passenger vessels on order among its brands through 2028 (representing 16,500 incremental berths), Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.