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Madison Square Garden Sports (Madison Square Garden Sports) E10 : $-1.31 (As of Dec. 2023)


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What is Madison Square Garden Sports 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.

Madison Square Garden Sports's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.31 for the trailing ten years ended in Dec. 2023.

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 (2024-04-27), Madison Square Garden Sports's current stock price is $186.78. Madison Square Garden Sports's E10 for the quarter that ended in Dec. 2023 was $-1.31. Madison Square Garden Sports's Shiller PE Ratio of today is .


Madison Square Garden Sports E10 Historical Data

The historical data trend for Madison Square Garden Sports'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.

Madison Square Garden Sports E10 Chart

Madison Square Garden Sports Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -1.35

Madison Square Garden Sports Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - -1.33 -1.35 -1.41 -1.31

Competitive Comparison of Madison Square Garden Sports's E10

For the Entertainment subindustry, Madison Square Garden Sports'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.


Madison Square Garden Sports's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Square Garden Sports's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Sports's Shiller PE Ratio falls into.



Madison Square Garden Sports 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, Madison Square Garden Sports's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.59/129.4194*129.4194
=0.590

Current CPI (Dec. 2023) = 129.4194.

Madison Square Garden Sports Quarterly Data

per share eps CPI Adj_EPS
201403 -1.811 99.695 -2.351
201406 -2.196 100.560 -2.826
201409 -1.467 100.428 -1.890
201412 0.375 99.070 0.490
201503 -0.446 99.621 -0.579
201506 -0.045 100.684 -0.058
201509 -0.060 100.392 -0.077
201512 1.740 99.792 2.257
201603 -2.470 100.470 -3.182
201606 -2.390 101.688 -3.042
201609 -1.190 101.861 -1.512
201612 2.390 101.863 3.037
201703 -0.740 102.862 -0.931
201706 -3.580 103.349 -4.483
201709 -0.470 104.136 -0.584
201712 7.960 104.011 9.905
201803 0.380 105.290 0.467
201806 -1.940 106.317 -2.362
201809 -1.360 106.507 -1.653
201812 3.420 105.998 4.176
201903 1.480 107.251 1.786
201906 -3.080 108.070 -3.688
201909 -3.360 108.329 -4.014
201912 3.930 108.420 4.691
202003 -4.920 108.902 -5.847
202006 -3.270 108.767 -3.891
202009 -1.180 109.815 -1.391
202012 -1.680 109.897 -1.978
202103 0.220 111.754 0.255
202106 2.030 114.631 2.292
202109 -0.680 115.734 -0.760
202112 0.650 117.630 0.715
202203 1.000 121.301 1.067
202206 1.110 125.017 1.149
202209 -0.730 125.227 -0.754
202212 0.840 125.222 0.868
202303 2.180 127.348 2.215
202306 -0.390 128.729 -0.392
202309 -0.790 129.860 -0.787
202312 0.590 129.419 0.590

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


Madison Square Garden Sports  (NYSE:MSGS) 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.


Be Aware

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


Madison Square Garden Sports E10 Related Terms

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


Madison Square Garden Sports (Madison Square Garden Sports) Business Description

Traded in Other Exchanges
Address
Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Sports Corp is engaged in live sports and entertainment business. The Company's reportable segment: MSG Entertainment consists of live entertainment events, including concerts and other live events, such as family shows, performing arts and special events.
Executives
David Granville-smith officer: Executive Vice President TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
David G. Hopkinson officer: President & COO C/O TILRAY, INC., 655 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Jamaal T Lesane officer: EVP and General Counsel TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Quentin F Dolan director 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Joseph Cohen director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Dolan Leinauer Corby other: Trustee of 13D Group Member BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Lawrence J. Burian officer: EVP, GC and Secretary TWO PENN PLAZA, NEW YORK NY 10121
Alexander Shvartsman officer: SVP, Controller & PAO TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Stephen Mills director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Ivan G Seidenberg director VERIZON COMMUNICATIONS INC, 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Anthony J Vinciquerra director FOX ENTERTAINMENT GROUP, INC., 10201 WEST PICO BLVD, LOS ANGELES CA 90035
Philip Gerard D'ambrosio officer: SVP, Treasurer TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Richard D Parsons director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Andrew Lustgarten officer: President TWO PENN PLAZA, NEW YORK NY 10121
Charles F. Dolan 2019 Grantor Retained Annuity Trust #1m other: Member of 13D Group C/O DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797