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National Healthcare (National Healthcare) E10 : $4.78 (As of Mar. 2024)


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What is National Healthcare 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.

National Healthcare's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, National Healthcare's average E10 Growth Rate was 3.90% per year. During the past 3 years, the average E10 Growth Rate was 6.30% per year. During the past 5 years, the average E10 Growth Rate was 5.30% per year. During the past 10 years, the average E10 Growth Rate was 4.80% 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 National Healthcare was 13.70% per year. The lowest was -8.60% per year. And the median was 5.10% per year.

As of today (2024-06-06), National Healthcare's current stock price is $104.83. National Healthcare's E10 for the quarter that ended in Mar. 2024 was $4.78. National Healthcare's Shiller PE Ratio of today is 21.93.

During the past 13 years, the highest Shiller PE Ratio of National Healthcare was 23.31. The lowest was 11.65. And the median was 18.56.


National Healthcare E10 Historical Data

The historical data trend for National Healthcare'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.

National Healthcare E10 Chart

National Healthcare 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 3.91 3.85 4.56 4.55 4.63

National Healthcare 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 4.60 4.64 4.59 4.63 4.78

Competitive Comparison of National Healthcare's E10

For the Medical Care Facilities subindustry, National Healthcare'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.


National Healthcare's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where National Healthcare's Shiller PE Ratio falls into.



National Healthcare 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, National Healthcare'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)
=1.69/131.7762*131.7762
=1.690

Current CPI (Mar. 2024) = 131.7762.

National Healthcare Quarterly Data

per share eps CPI Adj_EPS
201406 0.720 100.560 0.944
201409 0.750 100.428 0.984
201412 0.880 99.070 1.171
201503 0.770 99.621 1.019
201506 0.710 100.684 0.929
201509 0.720 100.392 0.945
201512 0.990 99.792 1.307
201603 0.910 100.470 1.194
201606 0.780 101.688 1.011
201609 0.730 101.861 0.944
201612 0.910 101.863 1.177
201703 0.840 102.862 1.076
201706 0.700 103.349 0.893
201709 0.750 104.136 0.949
201712 1.410 104.011 1.786
201803 -0.180 105.290 -0.225
201806 1.470 106.317 1.822
201809 1.390 106.507 1.720
201812 1.190 105.998 1.479
201903 1.390 107.251 1.708
201906 0.890 108.070 1.085
201909 1.270 108.329 1.545
201912 0.890 108.420 1.082
202003 -1.760 108.902 -2.130
202006 1.840 108.767 2.229
202009 0.840 109.815 1.008
202012 1.790 109.897 2.146
202103 1.380 111.754 1.627
202106 6.800 114.631 7.817
202109 -0.220 115.734 -0.250
202112 1.020 117.630 1.143
202203 0.990 121.301 1.075
202206 0.210 125.017 0.221
202209 -0.160 125.227 -0.168
202212 0.410 125.222 0.431
202303 0.760 127.348 0.786
202306 1.060 128.729 1.085
202309 0.680 129.860 0.690
202312 1.830 129.419 1.863
202403 1.690 131.776 1.690

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


National Healthcare  (AMEX:NHC) 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.

National Healthcare's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=104.83/4.78
=21.93

* 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 National Healthcare was 23.31. The lowest was 11.65. And the median was 18.56.


Be Aware

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


National Healthcare E10 Related Terms

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


National Healthcare (National Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
100 East Vine Street, Murfreesboro, TN, USA, 37130
National Healthcare Corp Provides long-term care facilities. Its principal business includes the operation of skilled nursing facilities, assisted living facilities, independent living facilities, and home care programs. The company's activities include providing sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative care, memory and Alzheimer's care, senior living services, and home health care services. In addition, the company also provides management services, accounting, and financial services, as well as insurance services to third-party operators of healthcare facilities. Its reportable segments include Inpatient services, and Home care hospice services. Generating, a majority of its revenue from Inpatient services.
Executives
Emil E Hassan director
Robert G Adams director, officer: Sr. Vice President & COO P.O. BOX 1398, MURFREESBORO TN 37133-1398
James Paul Abernathy director 2102 GREENLAND DRIVE, MURFREESBORO TN 37130
W Andrew Adams director, officer: CEO P.O. BOX 1398, MURFREESBORO TN 37133-1398
Laroche Richard F Jr director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Burgess Ernest G Iii director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Sandra Y. Trail director 100 VINE STREET, MURFREESBORO TN 37130
Robert Michael Ussery officer: Senior V.P., Operations 100 VINE STREET, SUITE 1400, P. O. BOX 1398, MURFREESBORO TN 37130
Vicki L Dodson officer: Sr.VP Patient Srvcs & CNO 100 VINE STREET, MURFREESBORO TN 37130
Josh A Mccreary officer: Senior VP & General Counsel 100 VINE STREET, MURFREESBORO TN 37130
John K Lines officer: Senior V.P. & General Counsel 601 S. HARBOUR ISLAND BLVD., SUITE 220, TAMPA FL 33602
Jeffrey Russell Smith officer: SVP & Treasurer 100 VINE ST., MURFREESBORO TN 37130
Mcintosh Leroy E. Jr. officer: SVP, Ancillary Services 100 VINE STREET, MURFREESBORO TN 37130
Julia W Powell officer: Sr. V.P., Patient Services 3712 LASCASSAS PIKE, MURFREESBORO TN 37130
Flatt Ben Anderson Sr officer: Senior VP & CIO 100 VINE STREET, MURFREESBORO TN 37130