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Dentsply Sirona (BSP:XRAY34) E10 : R$-4.68 (As of Mar. 2024)


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What is Dentsply Sirona 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.

Dentsply Sirona's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.448. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-4.68 for the trailing ten years ended in Mar. 2024.

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 Dentsply Sirona was 20.70% per year. The lowest was -43.20% per year. And the median was 10.40% per year.

As of today (2024-06-01), Dentsply Sirona's current stock price is R$167.00. Dentsply Sirona's E10 for the quarter that ended in Mar. 2024 was R$-4.68. Dentsply Sirona's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Dentsply Sirona was 314.48. The lowest was 23.22. And the median was 41.90.


Dentsply Sirona E10 Historical Data

The historical data trend for Dentsply Sirona'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.

Dentsply Sirona E10 Chart

Dentsply Sirona 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 1.94 1.07 1.15 -2.29 -4.10

Dentsply Sirona 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 -2.15 -2.99 -4.55 -4.10 -4.68

Competitive Comparison of Dentsply Sirona's E10

For the Medical Instruments & Supplies subindustry, Dentsply Sirona'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.


Dentsply Sirona's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Dentsply Sirona's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dentsply Sirona's Shiller PE Ratio falls into.



Dentsply Sirona 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, Dentsply Sirona'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)
=0.448/131.7762*131.7762
=0.448

Current CPI (Mar. 2024) = 131.7762.

Dentsply Sirona Quarterly Data

per share eps CPI Adj_EPS
201406 1.386 100.560 1.816
201409 1.216 100.428 1.596
201412 1.559 99.070 2.074
201503 1.414 99.621 1.870
201506 0.965 100.684 1.263
201509 2.303 100.392 3.023
201512 1.591 99.792 2.101
201603 2.589 100.470 3.396
201606 1.506 101.688 1.952
201609 1.269 101.861 1.642
201612 1.543 101.863 1.996
201703 0.813 102.862 1.042
201706 -15.093 103.349 -19.244
201709 1.222 104.136 1.546
201712 -9.720 104.011 -12.315
201803 1.148 105.290 1.437
201806 -18.780 106.317 -23.277
201809 0.534 106.507 0.661
201812 0.039 105.998 0.048
201903 0.653 107.251 0.802
201906 0.617 108.070 0.752
201909 1.565 108.329 1.904
201912 1.888 108.420 2.295
202003 -3.078 108.902 -3.725
202006 -2.283 108.767 -2.766
202009 1.188 109.815 1.426
202012 2.315 109.897 2.776
202103 2.874 111.754 3.389
202106 2.162 114.631 2.485
202109 2.006 115.734 2.284
202112 2.658 117.630 2.978
202203 1.592 121.301 1.729
202206 1.716 125.017 1.809
202209 -26.270 125.227 -27.644
202212 -0.367 125.222 -0.386
202303 -0.469 127.348 -0.485
202306 1.941 128.729 1.987
202309 -6.173 129.860 -6.264
202312 1.568 129.419 1.597
202403 0.448 131.776 0.448

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


Dentsply Sirona  (BSP:XRAY34) 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.

During the past 13 years, the highest Shiller P/E Ratio of Dentsply Sirona was 314.48. The lowest was 23.22. And the median was 41.90.


Be Aware

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


Dentsply Sirona E10 Related Terms

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


Dentsply Sirona (BSP:XRAY34) Business Description

Traded in Other Exchanges
Address
13320 Ballantyne Corporate Place, Charlotte, NC, USA, 28277-3607
Dentsply Sirona is one of the world's largest manufacturers of dental equipment and supplies. It is a result of a merger of equals in 2016 between Dentsply International (manufactured dental consumables and lab products) and Sirona Dental Systems (manufactured technologically-advanced dental equipment). The firm's wide portfolio consists of dental consumables, lab products, CAD/CAM and imaging technology, medical devices, and specialty products in orthodontics, endodontics, and implantation. It distributes two-thirds of its dental consumables, technology and equipment through third-party distributors and the remaining portfolio is either sold to labs and offices through the firm's salesforce or directly to consumers (such as Byte clear aligner).

Dentsply Sirona (BSP:XRAY34) Headlines

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