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Clean Harbors (STU:CH6) E10 : €2.62 (As of Mar. 2024)


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What is Clean Harbors 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.

Clean Harbors's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.187. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Clean Harbors's average E10 Growth Rate was 24.90% per year. During the past 3 years, the average E10 Growth Rate was 24.30% per year. During the past 5 years, the average E10 Growth Rate was 15.00% per year. During the past 10 years, the average E10 Growth Rate was 5.20% 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 Clean Harbors was 186.40% per year. The lowest was -128.90% per year. And the median was 6.40% per year.

As of today (2024-06-09), Clean Harbors's current stock price is €199.20. Clean Harbors's E10 for the quarter that ended in Mar. 2024 was €2.62. Clean Harbors's Shiller PE Ratio of today is 76.03.

During the past 13 years, the highest Shiller PE Ratio of Clean Harbors was 76.17. The lowest was 27.55. And the median was 45.69.


Clean Harbors E10 Historical Data

The historical data trend for Clean Harbors'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.

Clean Harbors E10 Chart

Clean Harbors 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 1.28 1.12 1.39 2.01 2.46

Clean Harbors 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 2.10 2.24 2.45 2.46 2.62

Competitive Comparison of Clean Harbors's E10

For the Waste Management subindustry, Clean Harbors'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.


Clean Harbors's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Clean Harbors's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Clean Harbors's Shiller PE Ratio falls into.



Clean Harbors 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, Clean Harbors'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)
=1.187/131.7762*131.7762
=1.187

Current CPI (Mar. 2024) = 131.7762.

Clean Harbors Quarterly Data

per share eps CPI Adj_EPS
201406 0.346 100.560 0.453
201409 -1.203 100.428 -1.579
201412 0.373 99.070 0.496
201503 -0.111 99.621 -0.147
201506 0.160 100.684 0.209
201509 0.615 100.392 0.807
201512 0.009 99.792 0.012
201603 -0.323 100.470 -0.424
201606 0.062 101.688 0.080
201609 -0.160 101.861 -0.207
201612 -0.209 101.863 -0.270
201703 -0.346 102.862 -0.443
201706 0.401 103.349 0.511
201709 0.176 104.136 0.223
201712 1.251 104.011 1.585
201803 -0.178 105.290 -0.223
201806 0.462 106.317 0.573
201809 0.471 106.507 0.583
201812 0.255 105.998 0.317
201903 0.018 107.251 0.022
201906 0.575 108.070 0.701
201909 0.590 108.329 0.718
201912 0.387 108.420 0.470
202003 0.190 108.902 0.230
202006 0.462 108.767 0.560
202009 0.841 109.815 1.009
202012 0.584 109.897 0.700
202103 0.328 111.754 0.387
202106 1.013 114.631 1.165
202109 1.020 115.734 1.161
202112 0.797 117.630 0.893
202203 0.754 121.301 0.819
202206 2.564 125.017 2.703
202209 2.525 125.227 2.657
202212 1.435 125.222 1.510
202303 1.242 127.348 1.285
202306 1.966 128.729 2.013
202309 1.574 129.860 1.597
202312 1.660 129.419 1.690
202403 1.187 131.776 1.187

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


Clean Harbors  (STU:CH6) 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.

Clean Harbors's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=199.20/2.62
=76.03

* 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 Clean Harbors was 76.17. The lowest was 27.55. And the median was 45.69.


Be Aware

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


Clean Harbors E10 Related Terms

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


Clean Harbors (STU:CH6) Business Description

Traded in Other Exchanges
Address
42 Longwater Drive, Norwell, MA, USA, 02061-9149
Clean Harbors Inc is an environmental and industrial services provider. It provides parts cleaning and related environmental services to commercial, industrial, and automotive customers. Its business segments are Environmental Services and Safety-Kleen Sustainability Solutions. The company generates the majority of its revenues from the Environmental Services segment.

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