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Leidos Holdings (BSP:L1DO34) E10 : R$1.66 (As of Mar. 2024)


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What is Leidos 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.

Leidos Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was R$1.031. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Leidos Holdings's average E10 Growth Rate was -3.50% per year. During the past 3 years, the average E10 Growth Rate was 2.50% per year. During the past 5 years, the average E10 Growth Rate was 0.80% 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 Leidos Holdings was 4.00% per year. The lowest was -11.40% per year. And the median was -2.65% per year.

As of today (2024-06-01), Leidos Holdings's current stock price is R$76.50. Leidos Holdings's E10 for the quarter that ended in Mar. 2024 was R$1.66. Leidos Holdings's Shiller PE Ratio of today is 46.08.

During the past 13 years, the highest Shiller PE Ratio of Leidos Holdings was 45.66. The lowest was 7.63. And the median was 25.21.


Leidos Holdings E10 Historical Data

The historical data trend for Leidos 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.

Leidos Holdings E10 Chart

Leidos Holdings Annual Data
Trend Jan14 Jan15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.42 1.53 1.80 1.46

Leidos 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 1.74 1.61 1.48 1.46 1.66

Competitive Comparison of Leidos Holdings's E10

For the Information Technology Services subindustry, Leidos 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.


Leidos Holdings's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Leidos Holdings's Shiller PE Ratio distribution charts can be found below:

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



Leidos 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, Leidos 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)
=1.031/131.7762*131.7762
=1.031

Current CPI (Mar. 2024) = 131.7762.

Leidos Holdings Quarterly Data

per share eps CPI Adj_EPS
201401 0.131 98.692 0.175
201404 0.105 100.023 0.138
201407 -1.317 100.520 -1.727
201410 0.113 100.176 0.149
201501 0.155 98.604 0.207
201506 0.156 100.684 0.204
201509 0.262 100.392 0.344
201603 0.244 100.470 0.320
201606 0.188 101.688 0.244
201609 0.260 101.861 0.336
201612 0.131 101.863 0.169
201703 0.147 102.862 0.188
201706 0.211 103.349 0.269
201709 0.166 104.136 0.210
201712 0.244 104.011 0.309
201803 0.216 105.290 0.270
201806 0.354 106.317 0.439
201809 0.394 106.507 0.487
201812 0.485 105.998 0.603
201903 0.495 107.251 0.608
201906 0.359 108.070 0.438
201909 0.457 108.329 0.556
201912 0.517 108.420 0.628
202003 0.391 108.902 0.473
202006 0.550 108.767 0.666
202009 0.610 109.815 0.732
202012 0.705 109.897 0.845
202103 0.800 111.754 0.943
202106 0.593 114.631 0.682
202109 0.755 115.734 0.860
202112 0.696 117.630 0.780
202203 0.622 121.301 0.676
202206 0.626 125.017 0.660
202209 0.614 125.227 0.646
202212 0.671 125.222 0.706
202303 0.609 127.348 0.630
202306 0.728 128.729 0.745
202309 -1.437 129.860 -1.458
202312 0.813 129.419 0.828
202403 1.031 131.776 1.031

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


Leidos Holdings  (BSP:L1DO34) 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.

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

Shiller PE Ratio=Share Price/E10
=76.50/1.66
=46.08

* 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 Leidos Holdings was 45.66. The lowest was 7.63. And the median was 25.21.


Be Aware

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


Leidos Holdings E10 Related Terms

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


Leidos Holdings (BSP:L1DO34) Business Description

Traded in Other Exchanges
Address
1750 Presidents Street, Reston, VA, USA, 20190
Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil and health markets, both domestically and internationally. Company customer includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in three reportable segments; Defense Solutions, Civil, and Health. Defense Solutions provides leading-edge and technologically advanced services, solutions, and products to a broad customer base. It generates key revenue from Defense Solutions.

Leidos Holdings (BSP:L1DO34) Headlines

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