GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Knight-Swift Transportation Holdings Inc (NYSE:KNX) » Definitions » E10

Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) E10 : $2.96 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Knight-Swift Transportation 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.

Knight-Swift Transportation Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.96 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 15.20% per year. During the past 5 years, the average E10 Growth Rate was 13.80% per year. During the past 10 years, the average E10 Growth Rate was 10.90% 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 Knight-Swift Transportation Holdings was 38.70% per year. The lowest was 6.00% per year. And the median was 11.00% per year.

As of today (2024-06-09), Knight-Swift Transportation Holdings's current stock price is $48.04. Knight-Swift Transportation Holdings's E10 for the quarter that ended in Mar. 2024 was $2.96. Knight-Swift Transportation Holdings's Shiller PE Ratio of today is 16.23.

During the past 13 years, the highest Shiller PE Ratio of Knight-Swift Transportation Holdings was 34.65. The lowest was 13.72. And the median was 22.05.


Knight-Swift Transportation Holdings E10 Historical Data

The historical data trend for Knight-Swift Transportation 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.

Knight-Swift Transportation Holdings E10 Chart

Knight-Swift Transportation 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 1.78 1.93 2.39 2.88 2.95

Knight-Swift Transportation 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 2.96 2.98 3.01 2.95 2.96

Competitive Comparison of Knight-Swift Transportation Holdings's E10

For the Trucking subindustry, Knight-Swift Transportation 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.


Knight-Swift Transportation Holdings's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Knight-Swift Transportation Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Knight-Swift Transportation Holdings's Shiller PE Ratio falls into.



Knight-Swift Transportation 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, Knight-Swift Transportation 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)
=-0.02/131.7762*131.7762
=-0.020

Current CPI (Mar. 2024) = 131.7762.

Knight-Swift Transportation Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 0.431 100.560 0.565
201409 0.431 100.428 0.566
201412 0.556 99.070 0.740
201503 0.500 99.621 0.661
201506 0.458 100.684 0.599
201509 0.514 100.392 0.675
201512 0.500 99.792 0.660
201603 0.389 100.470 0.510
201606 0.431 101.688 0.559
201609 0.290 101.861 0.375
201612 0.375 101.863 0.485
201703 0.180 102.862 0.231
201706 0.220 103.349 0.281
201709 0.040 104.136 0.051
201712 2.500 104.011 3.167
201803 0.390 105.290 0.488
201806 0.510 106.317 0.632
201809 0.600 106.507 0.742
201812 0.860 105.998 1.069
201903 0.510 107.251 0.627
201906 0.460 108.070 0.561
201909 0.440 108.329 0.535
201912 0.390 108.420 0.474
202003 0.380 108.902 0.460
202006 0.470 108.767 0.569
202009 0.710 109.815 0.852
202012 0.840 109.897 1.007
202103 0.770 111.754 0.908
202106 0.920 114.631 1.058
202109 1.230 115.734 1.400
202112 1.520 117.630 1.703
202203 1.250 121.301 1.358
202206 1.350 125.017 1.423
202209 1.210 125.227 1.273
202212 0.920 125.222 0.968
202303 0.640 127.348 0.662
202306 0.390 128.729 0.399
202309 0.370 129.860 0.375
202312 -0.070 129.419 -0.071
202403 -0.020 131.776 -0.020

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


Knight-Swift Transportation Holdings  (NYSE:KNX) 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.

Knight-Swift Transportation Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=48.04/2.96
=16.23

* 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 Knight-Swift Transportation Holdings was 34.65. The lowest was 13.72. And the median was 22.05.


Be Aware

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


Knight-Swift Transportation Holdings E10 Related Terms

Thank you for viewing the detailed overview of Knight-Swift Transportation Holdings's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) Business Description

Traded in Other Exchanges
Address
2002 West Wahalla Lane, Phoenix, AZ, USA, 85027
Knight-Swift is the largest truckload, or TL, carrier in the U.S., with a diversified transportation offering. Pro forma for the U.S. Xpress deal, 74% of revenue derives from Knight's asset-based trucking business, with full-truckload (for-hire dry van, refrigerated, and dedicated contract) making up 63% and LTL at 11%. Truck brokerage and other asset-light logistics services make up 14% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class-I railroads for the underlying movement of its shipping containers and also include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue (6%) reflects services offered to shippers and third-party truckers including insurance, equipment maintenance, and equipment leasing.
Executives
Timothy Sean Harrington officer: Exec. Vice Pres. Sales 2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
James L Fitzsimmons officer: Exec. Vice Pres. Operations 2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
Cary M Flanagan officer: Controller SWIFT TRANSPORTATION COMPANY, 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Amy Boerger director 2002 W WAHALLA LANE, PHOENIX AZ 85027
Kevin P Knight director, officer: Executive Chairman 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Joshua Smith officer: CFO, US Xpress Inc. 2002 W WAHALLA LANE, PHOENIX AZ 85027
Dustin Ohlman officer: VP Intermodal 2200 S 75TH AVE, PHOENIX AZ 85043
Reed Stultz officer: SR VP Logistics 2002 W WAHALLA LANE, PHOENIX AZ 85027
Michael K Liu officer: Exec VP of Ops, Knight Trans 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Kathryn L Munro director 200 N WASHINGTON SQUARE, LANSING MI 48933
Jessica Powell director 2002 W WAHALLA, PHOENIX AZ 85027
Updike James E. Jr. officer: EVP Sales & Mkt, Knight Trans. 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Louis Hobson director 2002 W WAHALLA LANE, PHOENIX AZ 85027
Gary J Knight director, officer: Vice Chairman 2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
Reid Dove director 20002 NORTH 19TH AVENUE, PHOENIX AZ 85027