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CSX (UKEX:CSX) E10 : ₴55.20 (As of Mar. 2024)


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What is CSX 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.

CSX's adjusted earnings per share data for the three months ended in Mar. 2024 was ₴18.619. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₴55.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CSX's average E10 Growth Rate was 9.80% per year. During the past 3 years, the average E10 Growth Rate was 14.40% per year. During the past 5 years, the average E10 Growth Rate was 14.40% per year. During the past 10 years, the average E10 Growth Rate was 15.30% 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 CSX was 22.50% per year. The lowest was -2.60% per year. And the median was 14.45% per year.

As of today (2024-06-09), CSX's current stock price is ₴1218.00. CSX's E10 for the quarter that ended in Mar. 2024 was ₴55.20. CSX's Shiller PE Ratio of today is 22.07.

During the past 13 years, the highest Shiller PE Ratio of CSX was 32.46. The lowest was 14.65. And the median was 23.52.


CSX E10 Historical Data

The historical data trend for CSX'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.

CSX E10 Chart

CSX 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 - - - 57.79 57.26

CSX 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 62.24 56.08 63.38 57.26 55.20

Competitive Comparison of CSX's E10

For the Railroads subindustry, CSX'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.


CSX's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CSX's Shiller PE Ratio distribution charts can be found below:

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



CSX 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, CSX'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)
=18.619/131.7762*131.7762
=18.619

Current CPI (Mar. 2024) = 131.7762.

CSX Quarterly Data

per share eps CPI Adj_EPS
201406 7.151 100.560 9.371
201409 6.881 100.428 9.029
201412 6.611 99.070 8.794
201503 6.071 99.621 8.031
201506 7.556 100.684 9.889
201509 7.016 100.392 9.209
201512 6.476 99.792 8.552
201603 4.992 100.470 6.547
201606 6.341 101.688 8.217
201609 6.476 101.861 8.378
201612 6.611 101.863 8.552
201703 5.262 102.862 6.741
201706 7.421 103.349 9.462
201709 6.881 104.136 8.707
201712 62.333 104.011 78.972
201803 10.524 105.290 13.171
201806 13.627 106.317 16.890
201809 14.167 106.507 17.528
201812 13.627 105.998 16.941
201903 13.762 107.251 16.909
201906 14.571 108.070 17.767
201909 43.714 108.329 53.175
201912 13.357 108.420 16.234
202003 13.492 108.902 16.326
202006 8.905 108.767 10.789
202009 12.952 109.815 15.542
202012 13.357 109.897 16.016
202103 12.548 111.754 14.796
202106 21.048 114.631 24.196
202109 17.405 115.734 19.818
202112 17.000 117.630 19.045
202203 15.786 121.301 17.149
202206 21.857 125.017 23.039
202209 21.048 125.227 22.149
202212 19.833 125.222 20.871
202303 19.429 127.348 20.105
202306 19.833 128.729 20.303
202309 17.000 129.860 17.251
202312 18.214 129.419 18.546
202403 18.619 131.776 18.619

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


CSX  (UKEX:CSX) 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.

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

Shiller PE Ratio=Share Price/E10
=1218.00/55.2
=22.07

* 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 CSX was 32.46. The lowest was 14.65. And the median was 23.52.


Be Aware

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


CSX E10 Related Terms

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


CSX (UKEX:CSX) Business Description

Address
500 Water Street, 15th Floor, Jacksonville, FL, USA, 32202
Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.8 billion in 2022. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.