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Transcat (Transcat) E10 : $1.18 (As of Mar. 2024)


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What is Transcat 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.

Transcat's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Transcat's average E10 Growth Rate was 11.30% per year. During the past 3 years, the average E10 Growth Rate was 15.30% per year. During the past 5 years, the average E10 Growth Rate was 15.20% per year. During the past 10 years, the average E10 Growth Rate was 13.00% 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 Transcat was 230.20% per year. The lowest was -54.20% per year. And the median was 13.55% per year.

As of today (2024-06-08), Transcat's current stock price is $126.34. Transcat's E10 for the quarter that ended in Mar. 2024 was $1.18. Transcat's Shiller PE Ratio of today is 107.07.

During the past 13 years, the highest Shiller PE Ratio of Transcat was 114.88. The lowest was 20.15. And the median was 37.80.


Transcat E10 Historical Data

The historical data trend for Transcat'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.

Transcat E10 Chart

Transcat Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.77 0.93 1.06 1.18

Transcat 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 1.06 1.09 1.10 1.12 1.18

Competitive Comparison of Transcat's E10

For the Industrial Distribution subindustry, Transcat'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.


Transcat's Shiller PE Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Transcat's Shiller PE Ratio distribution charts can be found below:

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



Transcat 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, Transcat'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)
=0.8/131.7762*131.7762
=0.800

Current CPI (Mar. 2024) = 131.7762.

Transcat Quarterly Data

per share eps CPI Adj_EPS
201406 0.060 100.560 0.079
201409 0.120 100.428 0.157
201412 0.110 99.070 0.146
201503 0.270 99.621 0.357
201506 0.080 100.684 0.105
201509 0.120 100.392 0.158
201512 0.150 99.792 0.198
201603 0.220 100.470 0.289
201606 0.130 101.688 0.168
201609 0.130 101.861 0.168
201612 0.180 101.863 0.233
201703 0.200 102.862 0.256
201706 0.120 103.349 0.153
201709 0.110 104.136 0.139
201712 0.250 104.011 0.317
201803 0.330 105.290 0.413
201806 0.190 106.317 0.235
201809 0.200 106.507 0.247
201812 0.210 105.998 0.261
201903 0.350 107.251 0.430
201906 0.230 108.070 0.280
201909 0.320 108.329 0.389
201912 0.200 108.420 0.243
202003 0.330 108.902 0.399
202006 0.110 108.767 0.133
202009 0.270 109.815 0.324
202012 0.230 109.897 0.276
202103 0.420 111.754 0.495
202106 0.490 114.631 0.563
202109 0.400 115.734 0.455
202112 0.210 117.630 0.235
202203 0.400 121.301 0.435
202206 0.400 125.017 0.422
202209 0.310 125.227 0.326
202212 0.210 125.222 0.221
202303 0.480 127.348 0.497
202306 0.380 128.729 0.389
202309 0.060 129.860 0.061
202312 0.380 129.419 0.387
202403 0.800 131.776 0.800

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


Transcat  (NAS:TRNS) 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.

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

Shiller PE Ratio=Share Price/E10
=126.34/1.18
=107.07

* 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 Transcat was 114.88. The lowest was 20.15. And the median was 37.80.


Be Aware

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


Transcat E10 Related Terms

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


Transcat (Transcat) Business Description

Traded in Other Exchanges
N/A
Address
35 Vantage Point Drive, Rochester, NY, USA, 14624
Transcat Inc is involved in providing calibration and laboratory instrument services and distribution of test, measurement, and control instrumentation. Its product and services portfolio consists of calibration instruments, dimensional measuring tools, Electrical test instruments, pressure measurement, etc. The firm has Service and Distribution operating segments. It derives the majority of its revenues from the Service segment. The firm promotes and sells its products under brand names such as Estech, FLIR, Fluke, Keysight, and Megger among others. It serves to pharmaceutical, industrial manufacturing, energy, and chemical process industries.
Executives
Lee D. Rudow officer: Chief Operating Officer C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
James M. Jenkins officer: Gen Counsel & VP of Corp Devt 1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Craig D. Cairns director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Dawn Deperrior director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Christopher P. Gillette director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Charles P Hadeed officer: VP-Finance and CFO 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Scott Deverell other: Principal Accounting Officer 100 CHESTNUT STREET, SUITE 600, ROCHESTER NY 14604
Richard J Harrison director 44 SOUTHERN PARKWAY, ROCHESTER NY 14618
Theresa A. Conroy officer: VP, Human Resources C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Cynthia Langston director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Thomas L Barbato officer: Sr. VP Finance & CFO 105 NORTON STREET, NEWARK NY 14513
Carl E Sassano director, officer: Chairman, President and CEO C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Gary J. Haseley director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Michael W. West officer: VP Distribution & Marketing C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Mbago M. Kaniki director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624