GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » TAL Education Group (NYSE:TAL) » Definitions » E10

TAL Education Group (TAL Education Group) E10 : $-0.07 (As of Feb. 2024)


View and export this data going back to 2010. Start your Free Trial

What is TAL Education Group 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.

TAL Education Group's adjusted earnings per share data for the three months ended in Feb. 2024 was $0.043. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.07 for the trailing ten years ended in Feb. 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.

As of today (2024-05-13), TAL Education Group's current stock price is $13.65. TAL Education Group's E10 for the quarter that ended in Feb. 2024 was $-0.07. TAL Education Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of TAL Education Group was 516.00. The lowest was 34.29. And the median was 294.79.


TAL Education Group E10 Historical Data

The historical data trend for TAL Education Group'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.

TAL Education Group E10 Chart

TAL Education Group Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.16 -0.03 -0.06 -0.07

TAL Education Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.06 -0.07 -0.07 -0.07 -0.07

Competitive Comparison of TAL Education Group's E10

For the Education & Training Services subindustry, TAL Education Group'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.


TAL Education Group's Shiller PE Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, TAL Education Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where TAL Education Group's Shiller PE Ratio falls into.



TAL Education Group 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, TAL Education Group's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.043/114.6694*114.6694
=0.043

Current CPI (Feb. 2024) = 114.6694.

TAL Education Group Quarterly Data

per share eps CPI Adj_EPS
201405 0.027 98.300 0.031
201408 0.057 98.400 0.066
201411 0.023 98.600 0.027
201502 0.027 100.500 0.031
201505 0.037 99.500 0.043
201508 0.120 100.400 0.137
201511 0.020 100.100 0.023
201602 0.020 102.700 0.022
201605 0.027 101.600 0.030
201608 0.103 101.700 0.116
201611 0.027 102.400 0.030
201702 0.060 103.500 0.066
201705 0.053 103.300 0.059
201708 0.103 103.500 0.114
201711 0.070 104.200 0.077
201802 0.117 106.500 0.126
201805 0.110 104.900 0.120
201808 0.127 105.900 0.138
201811 0.207 106.400 0.223
201902 0.167 108.100 0.177
201905 -0.027 107.800 -0.029
201908 -0.040 108.900 -0.042
201911 0.030 111.200 0.031
202002 -0.150 113.700 -0.151
202005 0.130 110.400 0.135
202008 0.023 111.500 0.024
202011 -0.073 110.700 -0.076
202102 -0.267 113.219 -0.270
202105 -0.157 112.215 -0.160
202108 -1.287 112.215 -1.315
202111 -0.153 113.442 -0.155
202202 -0.167 114.335 -0.167
202205 -0.067 114.558 -0.067
202208 -0.001 115.004 -0.001
202211 -0.080 115.227 -0.080
202302 -0.063 115.450 -0.063
202305 -0.070 114.781 -0.070
202308 0.063 115.116 0.063
202311 -0.040 114.669 -0.040
202402 0.043 114.669 0.043

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


TAL Education Group  (NYSE:TAL) 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 TAL Education Group was 516.00. The lowest was 34.29. And the median was 294.79.


Be Aware

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


TAL Education Group E10 Related Terms

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


TAL Education Group (TAL Education Group) Business Description

Address
Xiaoying West Street, 5th Floor, Tower B, Heying Center, Haidian District, Beijing, CHN, 100085
TAL Education Group is a smart learning solutions provider in China. K-9 academic afterschool tutoring used to account for the majority of TAL's revenue before the regulatory changes in 2021 that imposed a nonprofit requirement on the business. After spinning off its K-9 academic afterschool tutoring business, TAL realigned its focus toward enrichment learning, content solutions, and learning technology solutions.

TAL Education Group (TAL Education Group) Headlines

From GuruFocus

TAL Education Group: Company Investigated by the Portnoy Law Firm

By sperokesalga sperokesalga 05-29-2023