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Select Medical Holdings (FRA:S24) E10 : €1.59 (As of Mar. 2024)


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What is Select Medical 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.

Select Medical Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Select Medical Holdings's average E10 Growth Rate was 10.10% per year. During the past 3 years, the average E10 Growth Rate was 13.20% per year. During the past 5 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 Select Medical Holdings was 15.50% per year. The lowest was 8.80% per year. And the median was 13.20% per year.

As of today (2024-06-06), Select Medical Holdings's current stock price is €31.00. Select Medical Holdings's E10 for the quarter that ended in Mar. 2024 was €1.59. Select Medical Holdings's Shiller PE Ratio of today is 19.50.

During the past 13 years, the highest Shiller PE Ratio of Select Medical Holdings was 35.02. The lowest was 10.27. And the median was 18.36.


Select Medical Holdings E10 Historical Data

The historical data trend for Select Medical 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.

Select Medical Holdings E10 Chart

Select Medical 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 0.88 0.92 1.26 1.43 1.53

Select Medical 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 1.42 1.51 1.60 1.53 1.59

Competitive Comparison of Select Medical Holdings's E10

For the Medical Care Facilities subindustry, Select Medical 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.


Select Medical Holdings's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Select Medical Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Select Medical Holdings's Shiller PE Ratio falls into.



Select Medical 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, Select Medical 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)
=0.69/131.7762*131.7762
=0.690

Current CPI (Mar. 2024) = 131.7762.

Select Medical Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 0.199 100.560 0.261
201409 0.155 100.428 0.203
201412 0.162 99.070 0.215
201503 0.249 99.621 0.329
201506 0.249 100.684 0.326
201509 0.196 100.392 0.257
201512 0.202 99.792 0.267
201603 0.377 100.470 0.494
201606 0.231 101.688 0.299
201609 0.045 101.861 0.058
201612 0.142 101.863 0.184
201703 0.112 102.862 0.143
201706 0.285 103.349 0.363
201709 0.117 104.136 0.148
201712 0.642 104.011 0.813
201803 0.203 105.290 0.254
201806 0.300 106.317 0.372
201809 0.206 106.507 0.255
201812 0.158 105.998 0.196
201903 0.266 107.251 0.327
201906 0.292 108.070 0.356
201909 0.209 108.329 0.254
201912 0.207 108.420 0.252
202003 0.362 108.902 0.438
202006 0.346 108.767 0.419
202009 0.484 109.815 0.581
202012 0.477 109.897 0.572
202103 0.689 111.754 0.812
202106 1.013 114.631 1.165
202109 0.485 115.734 0.552
202112 0.327 117.630 0.366
202203 0.336 121.301 0.365
202206 0.407 125.017 0.429
202209 0.212 125.227 0.223
202212 0.208 125.222 0.219
202303 0.523 127.348 0.541
202306 0.563 128.729 0.576
202309 0.356 129.860 0.361
202312 0.330 129.419 0.336
202403 0.690 131.776 0.690

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


Select Medical Holdings  (FRA:S24) 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.

Select Medical Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=31.00/1.59
=19.50

* 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 Select Medical Holdings was 35.02. The lowest was 10.27. And the median was 18.36.


Be Aware

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


Select Medical Holdings E10 Related Terms

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


Select Medical Holdings (FRA:S24) Business Description

Traded in Other Exchanges
Address
4714 Gettysburg Road, P.O. Box 2034, Mechanicsburg, PA, USA, 17055
Select Medical Holdings Corp is a healthcare company that operates through four main segments: critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and Concentra institutions. Critical illness recovery hospitals and rehabilitation centres are designed for patients requiring extended recovery time with medical services. These two sectors combined compose roughly half of the total revenue and include over 103 critical illness recovery hospitals and inpatient rehab facilities. The outpatient rehabilitation segment includes over 1,928 rehabilitation clinics. The Concentra segment includes over 540 occupational health centers and 147 onsite clinics. The company is headquartered in Pennsylvania, and it operates across the United States.

Select Medical Holdings (FRA:S24) Headlines

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