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Textainer Group Holdings (Textainer Group Holdings) E10 : $2.67 (As of Dec. 2023)


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What is Textainer Group Holdings 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.

Textainer Group Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Textainer Group Holdings's average E10 Growth Rate was 3.90% per year. During the past 3 years, the average E10 Growth Rate was 8.70% per year. During the past 5 years, the average E10 Growth Rate was 4.00% 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 Textainer Group Holdings was 8.70% per year. The lowest was -5.20% per year. And the median was -3.70% per year.

As of today (2024-04-27), Textainer Group Holdings's current stock price is $49.99. Textainer Group Holdings's E10 for the quarter that ended in Dec. 2023 was $2.67. Textainer Group Holdings's Shiller PE Ratio of today is 18.72.

During the past 13 years, the highest Shiller PE Ratio of Textainer Group Holdings was 18.76. The lowest was 2.89. And the median was 7.41.


Textainer Group Holdings E10 Historical Data

The historical data trend for Textainer Group Holdings'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.

Textainer Group Holdings E10 Chart

Textainer Group Holdings 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 2.20 2.08 2.31 2.57 2.67

Textainer Group Holdings 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 2.57 2.62 2.66 2.70 2.67

Competitive Comparison of Textainer Group Holdings's E10

For the Rental & Leasing Services subindustry, Textainer Group Holdings'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.


Textainer Group Holdings's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Textainer Group Holdings's Shiller PE Ratio distribution charts can be found below:

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



Textainer Group Holdings 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, Textainer Group Holdings'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)
=0.84/129.4194*129.4194
=0.840

Current CPI (Dec. 2023) = 129.4194.

Textainer Group Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 1.050 99.695 1.363
201406 0.580 100.560 0.746
201409 0.950 100.428 1.224
201412 0.740 99.070 0.967
201503 0.620 99.621 0.805
201506 0.700 100.684 0.900
201509 0.180 100.392 0.232
201512 0.380 99.792 0.493
201603 -0.070 100.470 -0.090
201606 -0.030 101.688 -0.038
201609 -0.830 101.861 -1.055
201612 -0.010 101.863 -0.013
201703 -0.120 102.862 -0.151
201706 -0.160 103.349 -0.200
201709 0.320 104.136 0.398
201712 0.300 104.011 0.373
201803 0.330 105.290 0.406
201806 0.300 106.317 0.365
201809 0.030 106.507 0.036
201812 0.210 105.998 0.256
201903 0.300 107.251 0.362
201906 0.010 108.070 0.012
201909 0.180 108.329 0.215
201912 0.500 108.420 0.597
202003 -0.080 108.902 -0.095
202006 0.300 108.767 0.357
202009 0.320 109.815 0.377
202012 0.870 109.897 1.025
202103 1.220 111.754 1.413
202106 1.450 114.631 1.637
202109 1.280 115.734 1.431
202112 1.450 117.630 1.595
202203 1.470 121.301 1.568
202206 1.630 125.017 1.687
202209 1.640 125.227 1.695
202212 1.380 125.222 1.426
202303 1.220 127.348 1.240
202306 1.200 128.729 1.206
202309 1.070 129.860 1.066
202312 0.840 129.419 0.840

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


Textainer Group Holdings  (NYSE:TGH) 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.

Textainer Group Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=49.99/2.67
=18.72

* 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 Textainer Group Holdings was 18.76. The lowest was 2.89. And the median was 7.41.


Be Aware

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


Textainer Group Holdings E10 Related Terms

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


Textainer Group Holdings (Textainer Group Holdings) Business Description

Address
16 Par-La-Ville Road, Century House, Hamilton, BMU, HM 08
Textainer Group Holdings Ltd is an intermodal container leasing company providing customers globally, including international shipping lines and other leases. The company's operating segments are Container Ownership, Container Management, and Container Resale. Its geographical segments are Asia, Europe, North/South America, and other international countries. Textainer generates the majority of its revenue from lease rental income.