GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PGT Innovations Inc (NYSE:PGTI) » Definitions » E10

PGT Innovations (PGT Innovations) E10 : $0.97 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is PGT Innovations 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.

PGT Innovations's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, PGT Innovations's average E10 Growth Rate was 18.30% per year. During the past 3 years, the average E10 Growth Rate was 22.30% per year. During the past 5 years, the average E10 Growth Rate was 25.10% 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 PGT Innovations was 27.30% per year. The lowest was -6.50% per year. And the median was 23.15% per year.

As of today (2024-04-27), PGT Innovations's current stock price is $41.99. PGT Innovations's E10 for the quarter that ended in Dec. 2023 was $0.97. PGT Innovations's Shiller PE Ratio of today is 43.29.

During the past 13 years, the highest Shiller PE Ratio of PGT Innovations was 57.26. The lowest was 15.30. And the median was 35.21.


PGT Innovations E10 Historical Data

The historical data trend for PGT Innovations'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.

PGT Innovations E10 Chart

PGT Innovations 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 0.43 0.53 0.64 0.82 0.97

PGT Innovations 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 0.82 0.88 0.92 0.98 0.97

Competitive Comparison of PGT Innovations's E10

For the Building Products & Equipment subindustry, PGT Innovations'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.


PGT Innovations's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, PGT Innovations's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PGT Innovations's Shiller PE Ratio falls into.



PGT Innovations 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, PGT Innovations'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)
=0.08/129.4194*129.4194
=0.080

Current CPI (Dec. 2023) = 129.4194.

PGT Innovations Quarterly Data

per share eps CPI Adj_EPS
201403 0.070 99.695 0.091
201406 0.160 100.560 0.206
201409 0.050 100.428 0.064
201412 0.060 99.070 0.078
201503 0.130 99.621 0.169
201506 0.130 100.684 0.167
201509 0.130 100.392 0.168
201512 0.070 99.792 0.091
201603 0.030 100.470 0.039
201606 0.150 101.688 0.191
201609 0.210 101.861 0.267
201612 0.080 101.863 0.102
201703 0.060 102.862 0.075
201706 0.200 103.349 0.250
201709 0.120 104.136 0.149
201712 0.390 104.011 0.485
201803 0.140 105.290 0.172
201806 0.430 106.317 0.523
201809 0.260 106.507 0.316
201812 0.180 105.998 0.220
201903 0.140 107.251 0.169
201906 0.290 108.070 0.347
201909 0.260 108.329 0.311
201912 0.060 108.420 0.072
202003 0.260 108.902 0.309
202006 0.040 108.767 0.048
202009 0.290 109.815 0.342
202012 0.170 109.897 0.200
202103 0.210 111.754 0.243
202106 0.110 114.631 0.124
202109 -0.110 115.734 -0.123
202112 0.240 117.630 0.264
202203 0.350 121.301 0.373
202206 0.610 125.017 0.631
202209 0.500 125.227 0.517
202212 0.180 125.222 0.186
202303 0.540 127.348 0.549
202306 0.530 128.729 0.533
202309 0.670 129.860 0.668
202312 0.080 129.419 0.080

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


PGT Innovations  (NYSE:PGTI) 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.

PGT Innovations's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=41.99/0.97
=43.29

* 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 PGT Innovations was 57.26. The lowest was 15.30. And the median was 35.21.


Be Aware

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


PGT Innovations E10 Related Terms

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


PGT Innovations (PGT Innovations) Business Description

Traded in Other Exchanges
Address
1070 Technology Drive, North Venice, FL, USA, 34275
PGT Innovations Inc is a leading manufacturer of impact-resistant aluminum and vinyl-framed windows and doors and offers a broad range of fully customizable window and door products. The company distributes products through multiple channels, including window distributors, building supply distributors, window replacement dealers, and enclosure contractors. The products are sold through authorized dealers and distributor networks in the states of the Caribbean, Florida, Canada, and in South and Central America but the majority of its revenue is generated from Florida.
Executives
Rodney Hershberger director PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Christopher J Stephens director 123 MAIN STREET, BRISTOL CT 06010
Deborah L Lapinska officer: See Remarks PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Craig Henderson officer: INTERIM CFO 1070 TECHNOLOGY DR., NORTH VENICE FL 34275
Richard D Feintuch director PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Robert Andrew Keller officer: Sr. V.P. of Cust. Str & Innov. 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Frances Powell Hawes director AMERICAN ELECTRIC TECHNOLOGIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087
William J Morgan director 123 MAIN STREET, BRISTOL CT 06011-0489
Sheree L Bargabos director 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Xavier Boza director ONE CAMPBELL PLACE, CAMDEN NJ 08103
Floyd F Sherman director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Alexander R Castaldi director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Brett N Milgrim director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Ryan S. Quinn officer: Sr. V.P. and General Counsel 11115 RUSHMORE DR., CHARLOTTE NC 28277
Jeffrey T Jackson director, officer: PRESIDENT AND CEO PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275