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JetBlue Airways (MIL:1JAM) E10 : €0.32 (As of Mar. 2024)


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What is JetBlue Airways 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.

JetBlue Airways's adjusted earnings per share data for the three months ended in Mar. 2024 was €-1.941. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JetBlue Airways's average E10 Growth Rate was -44.60% per year. During the past 3 years, the average E10 Growth Rate was -13.00% per year. During the past 5 years, the average E10 Growth Rate was -15.60% per year. During the past 10 years, the average E10 Growth Rate was 11.60% 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 JetBlue Airways was 61.00% per year. The lowest was -20.60% per year. And the median was 17.25% per year.

As of today (2024-06-09), JetBlue Airways's current stock price is €5.041. JetBlue Airways's E10 for the quarter that ended in Mar. 2024 was €0.32. JetBlue Airways's Shiller PE Ratio of today is 15.75.

During the past 13 years, the highest Shiller PE Ratio of JetBlue Airways was 79.15. The lowest was 5.11. And the median was 18.70.


JetBlue Airways E10 Historical Data

The historical data trend for JetBlue Airways'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.

JetBlue Airways E10 Chart

JetBlue Airways 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 - - - - 0.38

JetBlue Airways 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 - - - 0.38 0.32

Competitive Comparison of JetBlue Airways's E10

For the Airlines subindustry, JetBlue Airways'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.


JetBlue Airways's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JetBlue Airways's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where JetBlue Airways's Shiller PE Ratio falls into.



JetBlue Airways 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, JetBlue Airways'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)
=-1.941/131.7762*131.7762
=-1.941

Current CPI (Mar. 2024) = 131.7762.

JetBlue Airways Quarterly Data

per share eps CPI Adj_EPS
201406 0.500 100.560 0.655
201409 0.186 100.428 0.244
201412 0.211 99.070 0.281
201503 0.370 99.621 0.489
201506 0.392 100.684 0.513
201509 0.517 100.392 0.679
201512 0.514 99.792 0.679
201603 0.548 100.470 0.719
201606 0.472 101.688 0.612
201609 0.517 101.861 0.669
201612 0.474 101.863 0.613
201703 0.224 102.862 0.287
201706 0.552 103.349 0.704
201709 0.461 104.136 0.583
201712 1.715 104.011 2.173
201803 0.227 105.290 0.284
201806 -0.334 106.317 -0.414
201809 0.137 106.507 0.170
201812 0.483 105.998 0.600
201903 0.124 107.251 0.152
201906 0.522 108.070 0.637
201909 0.572 108.329 0.696
201912 0.504 108.420 0.613
202003 -0.878 108.902 -1.062
202006 -1.048 108.767 -1.270
202009 -1.223 109.815 -1.468
202012 -1.101 109.897 -1.320
202103 -0.655 111.754 -0.772
202106 0.166 114.631 0.191
202109 0.340 115.734 0.387
202112 -0.354 117.630 -0.397
202203 -0.717 121.301 -0.779
202206 -0.549 125.017 -0.579
202209 0.182 125.227 0.192
202212 0.066 125.222 0.069
202303 -0.542 127.348 -0.561
202306 0.378 128.729 0.387
202309 -0.431 129.860 -0.437
202312 -0.284 129.419 -0.289
202403 -1.941 131.776 -1.941

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


JetBlue Airways  (MIL:1JAM) 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.

JetBlue Airways's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.041/0.32
=15.75

* 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 JetBlue Airways was 79.15. The lowest was 5.11. And the median was 18.70.


Be Aware

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


JetBlue Airways E10 Related Terms

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


JetBlue Airways (MIL:1JAM) Business Description

Traded in Other Exchanges
Address
27-01 Queens Plaza North, Long Island City, NY, USA, 11101
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.

JetBlue Airways (MIL:1JAM) Headlines

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