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EXPD (Expeditors International of Washington) E10 : $5.04 (As of Jun. 2024)


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What is Expeditors International of Washington 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.

Expeditors International of Washington's adjusted earnings per share data for the three months ended in Jun. 2024 was $1.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.04 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Expeditors International of Washington's average E10 Growth Rate was 8.20% per year. During the past 3 years, the average E10 Growth Rate was 21.10% per year. During the past 5 years, the average E10 Growth Rate was 18.50% per year. During the past 10 years, the average E10 Growth Rate was 13.30% 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 Expeditors International of Washington was 36.30% per year. The lowest was 7.70% per year. And the median was 18.10% per year.

As of today (2024-10-09), Expeditors International of Washington's current stock price is $121.41. Expeditors International of Washington's E10 for the quarter that ended in Jun. 2024 was $5.04. Expeditors International of Washington's Shiller PE Ratio of today is 24.09.

During the past 13 years, the highest Shiller PE Ratio of Expeditors International of Washington was 43.82. The lowest was 20.59. And the median was 30.06.


Expeditors International of Washington E10 Historical Data

The historical data trend for Expeditors International of Washington'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.

Expeditors International of Washington E10 Chart

Expeditors International of Washington 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 2.45 2.70 3.52 4.37 4.80

Expeditors International of Washington Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.66 4.76 4.80 4.95 5.04

Competitive Comparison of Expeditors International of Washington's E10

For the Integrated Freight & Logistics subindustry, Expeditors International of Washington'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.


Expeditors International of Washington's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Expeditors International of Washington's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Expeditors International of Washington's Shiller PE Ratio falls into.



Expeditors International of Washington 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, Expeditors International of Washington's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.24/132.5538*132.5538
=1.240

Current CPI (Jun. 2024) = 132.5538.

Expeditors International of Washington Quarterly Data

per share eps CPI Adj_EPS
201409 0.530 100.428 0.700
201412 0.510 99.070 0.682
201503 0.550 99.621 0.732
201506 0.610 100.684 0.803
201509 0.620 100.392 0.819
201512 0.610 99.792 0.810
201603 0.530 100.470 0.699
201606 0.630 101.688 0.821
201609 0.590 101.861 0.768
201612 0.610 101.863 0.794
201703 0.510 102.862 0.657
201706 0.600 103.349 0.770
201709 0.660 104.136 0.840
201712 0.920 104.011 1.172
201803 0.760 105.290 0.957
201806 0.790 106.317 0.985
201809 0.920 106.507 1.145
201812 1.020 105.998 1.276
201903 0.800 107.251 0.989
201906 0.880 108.070 1.079
201909 0.920 108.329 1.126
201912 0.790 108.420 0.966
202003 0.710 108.902 0.864
202006 1.090 108.767 1.328
202009 1.120 109.815 1.352
202012 1.160 109.897 1.399
202103 1.670 111.754 1.981
202106 1.840 114.631 2.128
202109 2.090 115.734 2.394
202112 2.660 117.630 2.997
202203 2.050 121.301 2.240
202206 2.270 125.017 2.407
202209 2.540 125.227 2.689
202212 1.380 125.222 1.461
202303 1.450 127.348 1.509
202306 1.300 128.729 1.339
202309 1.160 129.860 1.184
202312 1.090 129.419 1.116
202403 1.170 131.776 1.177
202406 1.240 132.554 1.240

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


Expeditors International of Washington  (NYSE:EXPD) 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.

Expeditors International of Washington's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=121.41/5.04
=24.09

* 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 Expeditors International of Washington was 43.82. The lowest was 20.59. And the median was 30.06.


Be Aware

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


Expeditors International of Washington E10 Related Terms

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


Expeditors International of Washington Business Description

Traded in Other Exchanges
Address
1015 Third Avenue, Seattle, WA, USA, 98104
Expeditors International of Washington is a non-asset-based third-party logistics provider, focused on international freight forwarding. Its offers freight consolidation and forwarding, customs brokerage, warehousing and distribution, purchase order management, vendor consolidation, and numerous other value-added logistics services. It employs sophisticated IT systems and contracts with airlines and ocean carriers to move customers' freight across the globe. The firm operates more than 200 full-service office locations worldwide, in addition to numerous satellite locations. Expeditors derives around 34% of consolidated net revenue from airfreight, 30% from ocean freight, and 36% from customs brokerage and other services.
Executives
James M. Dubois director 1015 THIRD AVENUE, SEATTLE WA 981041190
Mark A Emmert director C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Blake R Bell officer: President, Global Products 1015 THIRD AVENUE, SEATTLE WA 98104
Jeffrey F Dickerman officer: Senior VP - General Counsel 1015 THIRD AVENUE, SEATTLE WA 98104
Jeffrey S Musser officer: Senior VP and CIO C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 981041190
Benjamin G. Clark officer: Senior VP - General Counsel 1015 THIRD AVENUE, 12TH FLOOR, SEATTLE WA 98110
Bradley S Powell officer: Chief Financial Officer C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Eugene K Alger officer: Executive VP-North America 1015 THIRD AVENUE, SEATTLE WA 981041190
Brandon Pedersen director EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 98104
Robert R Wright director C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Olivia D Polius director C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104
Christopher J. Mcclincy officer: Senior VP - CIO 1015 THIRD AVENUE, 12TH FLOOR, SEATTLE WA 98104-1190
Glenn M Alger director 1015 THIRD AVENUE, SEATTLE WA 981041190
Daniel R Wall officer: SVP - Ocean Services C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 981041190
Richard H Rostan officer: President - Global Geographies C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104