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Hyster-Yale Materials Handling (Hyster-Yale Materials Handling) E10 : $2.20 (As of Mar. 2024)


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What is Hyster-Yale Materials Handling 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.

Hyster-Yale Materials Handling's adjusted earnings per share data for the three months ended in Mar. 2024 was $2.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hyster-Yale Materials Handling's average E10 Growth Rate was 4.30% 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.

As of today (2024-05-26), Hyster-Yale Materials Handling's current stock price is $75.48. Hyster-Yale Materials Handling's E10 for the quarter that ended in Mar. 2024 was $2.20. Hyster-Yale Materials Handling's Shiller PE Ratio of today is 34.31.

During the past 13 years, the highest Shiller PE Ratio of Hyster-Yale Materials Handling was 35.28. The lowest was 9.26. And the median was 15.64.


Hyster-Yale Materials Handling E10 Historical Data

The historical data trend for Hyster-Yale Materials Handling'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.

Hyster-Yale Materials Handling E10 Chart

Hyster-Yale Materials Handling 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 - - 3.10 2.11 2.04

Hyster-Yale Materials Handling 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 2.11 2.07 2.11 2.04 2.20

Competitive Comparison of Hyster-Yale Materials Handling's E10

For the Farm & Heavy Construction Machinery subindustry, Hyster-Yale Materials Handling'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.


Hyster-Yale Materials Handling's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hyster-Yale Materials Handling's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hyster-Yale Materials Handling's Shiller PE Ratio falls into.



Hyster-Yale Materials Handling 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, Hyster-Yale Materials Handling'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)
=2.93/131.7762*131.7762
=2.930

Current CPI (Mar. 2024) = 131.7762.

Hyster-Yale Materials Handling Quarterly Data

per share eps CPI Adj_EPS
201406 1.950 100.560 2.555
201409 1.700 100.428 2.231
201412 1.610 99.070 2.142
201503 0.850 99.621 1.124
201506 1.390 100.684 1.819
201509 1.280 100.392 1.680
201512 1.050 99.792 1.387
201603 0.610 100.470 0.800
201606 0.510 101.688 0.661
201609 0.750 101.861 0.970
201612 0.740 101.863 0.957
201703 1.100 102.862 1.409
201706 0.990 103.349 1.262
201709 1.000 104.136 1.265
201712 -0.150 104.011 -0.190
201803 0.900 105.290 1.126
201806 0.340 106.317 0.421
201809 0.930 106.507 1.151
201812 -0.070 105.998 -0.087
201903 0.200 107.251 0.246
201906 0.970 108.070 1.183
201909 0.760 108.329 0.924
201912 0.200 108.420 0.243
202003 0.910 108.902 1.101
202006 0.210 108.767 0.254
202009 0.300 109.815 0.360
202012 0.780 109.897 0.935
202103 0.330 111.754 0.389
202106 0.110 114.631 0.126
202109 -4.590 115.734 -5.226
202112 -6.140 117.630 -6.878
202203 -1.480 121.301 -1.608
202206 -1.150 125.017 -1.212
202209 -2.200 125.227 -2.315
202212 0.440 125.222 0.463
202303 1.550 127.348 1.604
202306 2.210 128.729 2.262
202309 2.060 129.860 2.090
202312 1.420 129.419 1.446
202403 2.930 131.776 2.930

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


Hyster-Yale Materials Handling  (NYSE:HY) 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.

Hyster-Yale Materials Handling's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=75.48/2.2
=34.31

* 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 Hyster-Yale Materials Handling was 35.28. The lowest was 9.26. And the median was 15.64.


Be Aware

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


Hyster-Yale Materials Handling E10 Related Terms

Thank you for viewing the detailed overview of Hyster-Yale Materials Handling's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Hyster-Yale Materials Handling (Hyster-Yale Materials Handling) Business Description

Traded in Other Exchanges
Address
5875 Landerbrook Drive, Suite 300, Cleveland, OH, USA, 44124-4069
Hyster-Yale Materials Handling Inc designs, engineers, manufactures, sells, and services a line of lift trucks and aftermarket parts. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks and the products are market under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships. The company operates through three geographical regions namely: the Americas, EMEA, JAPIC, of which Americas region accounts for the larger share of the revenue.
Executives
Susan Sichel other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Batcheler Colleen director ONE CONAGRA DRIVE, OMAHA NE 68102
Martha S Kelly other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Scott Minder officer: SVP & Chief Financial Officer 5875 LANDERBROOK, SUITE 300, CLEVELAND OH 44124
Jon C Taylor officer: Officer of a Subsidiary 5875 LANDERBROOK DRIVE, SUITE 300, CLEVELAND OH 44124
Gregory Breier officer: Vice President-Tax 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD OH 44124
Patric Schroeter officer: Officer of a Subsidiary 5875 LANDERBROOK DRIVE, SUITE 300, CLEVELAND OH 44124
Butler John C Jr other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Helen Rankin Butler other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
David B Williams other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Clara R Williams other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Rankin Alfred M Et Al director, officer: Chairman 5875 LANDERBROOK DR, MAYFIELD HEIGHTS OH 44124
Victoire G Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Chloe O Rankin other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124
Claiborne R Rankin director, other: Member of a Group 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124