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Comcast (WBO:CMCS) E10 : €2.86 (As of Mar. 2024)


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What is Comcast 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.

Comcast's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.892. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Comcast's average E10 Growth Rate was 8.60% per year. During the past 3 years, the average E10 Growth Rate was 10.90% per year. During the past 5 years, the average E10 Growth Rate was 11.10% per year. During the past 10 years, the average E10 Growth Rate was 17.30% 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 Comcast was 79.20% per year. The lowest was -5.30% per year. And the median was 14.50% per year.

As of today (2024-05-17), Comcast's current stock price is €35.985. Comcast's E10 for the quarter that ended in Mar. 2024 was €2.86. Comcast's Shiller PE Ratio of today is 12.58.

During the past 13 years, the highest Shiller PE Ratio of Comcast was 43.37. The lowest was 11.00. And the median was 23.90.


Comcast E10 Historical Data

The historical data trend for Comcast'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.

Comcast E10 Chart

Comcast 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 1.80 1.76 2.28 2.53 2.72

Comcast 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 2.55 2.65 2.82 2.72 2.86

Competitive Comparison of Comcast's E10

For the Telecom Services subindustry, Comcast'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.


Comcast's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Comcast's Shiller PE Ratio distribution charts can be found below:

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



Comcast 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, Comcast'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)
=0.892/131.7762*131.7762
=0.892

Current CPI (Mar. 2024) = 131.7762.

Comcast Quarterly Data

per share eps CPI Adj_EPS
201406 0.280 100.560 0.367
201409 0.384 100.428 0.504
201412 0.300 99.070 0.399
201503 0.374 99.621 0.495
201506 0.374 100.684 0.489
201509 0.356 100.392 0.467
201512 0.363 99.792 0.479
201603 0.386 100.470 0.506
201606 0.365 101.688 0.473
201609 0.410 101.861 0.530
201612 0.428 101.863 0.554
201703 0.496 102.862 0.635
201706 0.463 103.349 0.590
201709 0.461 104.136 0.583
201712 2.679 104.011 3.394
201803 0.535 105.290 0.670
201806 0.591 106.317 0.733
201809 0.531 106.507 0.657
201812 0.483 105.998 0.600
201903 0.681 107.251 0.837
201906 0.602 108.070 0.734
201909 0.636 108.329 0.774
201912 0.612 108.420 0.744
202003 0.416 108.902 0.503
202006 0.577 108.767 0.699
202009 0.374 109.815 0.449
202012 0.600 109.897 0.719
202103 0.596 111.754 0.703
202106 0.664 114.631 0.763
202109 0.731 115.734 0.832
202112 0.584 117.630 0.654
202203 0.708 121.301 0.769
202206 0.719 125.017 0.758
202209 -1.061 125.227 -1.116
202212 0.661 125.222 0.696
202303 0.850 127.348 0.880
202306 0.941 128.729 0.963
202309 0.918 129.860 0.932
202312 0.743 129.419 0.757
202403 0.892 131.776 0.892

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


Comcast  (WBO:CMCS) 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.

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

Shiller PE Ratio=Share Price/E10
=35.985/2.86
=12.58

* 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 Comcast was 43.37. The lowest was 11.00. And the median was 23.90.


Be Aware

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


Comcast E10 Related Terms

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


Comcast (WBO:CMCS) Business Description

Address
One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

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