GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cabela′s Inc (NYSE:CAB) » Definitions » E10

Cabela′s (Cabela′s) E10

: $2.17 (As of Jun. 2017)
View and export this data going back to 2004. Start your Free Trial

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.

Cabela′s's adjusted earnings per share data for the three months ended in Jun. 2017 was $0.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.17 for the trailing ten years ended in Jun. 2017.

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 (2024-04-18), Cabela′s's current stock price is $61.50. Cabela′s's E10 for the quarter that ended in Jun. 2017 was $2.17. Cabela′s's Shiller PE Ratio of today is 28.34.


Cabela′s E10 Historical Data

The historical data trend for Cabela′s'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.

Cabela′s Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.59 1.70 1.87 2.02 2.11

Cabela′s Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
E10 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 Premium Member Only Premium Member Only Premium Member Only 2.11 2.13 2.11 2.15 2.17

Competitive Comparison

For the Specialty Retail subindustry, Cabela′s'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.


Cabela′s Shiller PE Ratio Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Cabela′s's Shiller PE Ratio distribution charts can be found below:

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



Cabela′s 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, Cabela′s's adjusted earnings per share data for the three months ended in Jun. 2017 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=0.41/103.3491*103.3491
=0.410

Current CPI (Jun. 2017) = 103.3491.

Cabela′s Quarterly Data

per share eps CPI Adj_EPS
200709 0.200 87.964 0.235
200712 0.840 88.616 0.980
200803 0.150 90.090 0.172
200806 0.110 92.320 0.123
200809 0.150 92.307 0.168
200812 0.740 88.697 0.862
200903 0.080 89.744 0.092
200906 0.140 91.003 0.159
200909 0.280 91.120 0.318
200912 0.250 91.111 0.284
201003 0.120 91.821 0.135
201006 0.260 91.962 0.292
201009 0.290 92.162 0.325
201012 0.950 92.474 1.062
201103 0.250 94.283 0.274
201106 0.310 95.235 0.336
201109 0.470 95.727 0.507
201112 0.980 95.213 1.064
201203 0.400 96.783 0.427
201206 0.470 96.819 0.502
201209 0.600 97.633 0.635
201212 0.950 96.871 1.014
201303 0.700 98.209 0.737
201306 0.620 98.518 0.650
201309 0.700 98.790 0.732
201312 1.120 98.326 1.177
201403 0.360 99.695 0.373
201406 0.610 100.560 0.627
201409 0.750 100.428 0.772
201412 1.100 99.070 1.148
201503 0.370 99.621 0.384
201506 0.560 100.684 0.575
201509 0.620 100.392 0.638
201512 1.130 99.792 1.170
201603 0.330 100.470 0.339
201606 0.550 101.688 0.559
201609 0.410 101.861 0.416
201612 0.840 101.863 0.852
201703 0.280 102.862 0.281
201706 0.410 103.349 0.410

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


Cabela′s  (NYSE:CAB) 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.

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

Shiller PE Ratio=Share Price/E10
=61.50/2.17
=28.34

* 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.


Be Aware

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


Cabela′s E10 Related Terms

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


Cabela′s (Cabela′s) Business Description

Traded in Other Exchanges
N/A
Address
Cabela's Inc was founded in 1961. The Company is a specialty retailer, and the direct marketer, of hunting, fishing, camping, and related outdoor merchandise. It also issues Cabela's CLUB Visa credit card, which serves as its customer loyalty rewards program. The Company operates in four segments Retail, Direct, Financial Services, and Corporate Overhead and Other. In retail segment the Company operated 77 retail stores, 68 stores in 36 states and nine stores in six Canadian provinces. During 2015, it opened 13 retail stores, 11 stores in the United States and two in Canada. It has two basic store formats. Its legacy stores refer to traditional retail stores that opened in August 2008 and earlier. It has 28 traditional, or legacy, retail stores, which offers a tourist-type experience. Its retail stores often attract the construction and development of hotels, restaurants, and other retail establishments adjacent to these stores. The Direct segment sells products through its e-commerce websites (Cabelas.com and Cabelas.ca) and direct mail catalogs. It markets its products through websites, mobile devices, and its print catalog distributions. The Financial Services segment provides customers with a rewards program that enhances revenue, operating profitability, and customer loyalty in its Retail and Direct businesses. Through its wholly-owned bank subsidiary, World's Foremost Bank, it issues and manages the Cabela's CLUB Visa credit card, a rewards based credit card program. The Company's product assortments includes merchandise and equipment for hunting, fishing, marine use, camping, and recreational sport shooting, along with casual and outdoor apparel and footwear, optics, vehicle accessories, and gifts and home furnishings with an outdoor theme. The Corporate Overhead and Other segment includes the value of unredeemed points earned that are associated with the Company's loyalty rewards programs for Cabela's CLUB issued credit cards, net of the estimated costs of the points; amounts received from outfitter services; real estate rental income; land sales; and fees earned from a travel business and other complementary business services. The Company competes with the outdoor recreation and casual apparel and footwear markets. It competes directly or indirectly with other broad-line merchants, large-format sporting goods stores and chains, mass merchandisers, warehouse clubs, discount and department stores, small specialty retailers, and catalog and Internet-based retailers.
Executives
James F Wright director TRACTOR SUPPLY COMPANY, 200 POWELL PLACE, BRENTWOOD TN 37027
Thomas L Millner director, officer: Chief Executive Officer
Beth M Pritchard director BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Peter S Swinburn director 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NY 28202
Donna M Milrod director 60 WALL STREET, 42ND FLOOR, NEW YORK NY 10005
Michael R Mccarthy director 1601 DODGE ST, SUITE 3800, OMAHA NE 68102
Scott K Williams officer: PRESIDENT 170 COUNTRYSIDE DRIVE, P.O. BOX 409, BELLEVILLE WI 53508
Theodore M Armstrong director 7730 CARONDELET, SUITE 103, ST. LOUIS MO 63105
Ralph W Castner officer: EXECUTIVE VICE PRESIDENT & CFO ONE CABELA DRIVE, SIDNEY NE 69160
Reuben Mark director 300 PARK AVENUE, NEW YORK NY 10022
Stephen Murray director CCMP CAPITAL ADVISORS, LLC, 245 PARK AVENUE, NEW YORK NY 10067
Michael Callahan officer: Senior Vice President ONE CABELA DRIVE, SIDNEY NE 69160
David Roehr officer: Executive Vice President ONE CABELA DRIVE, SIDNEY NE 69160
Mccarthy Group Inc 10 percent owner 1601 DODGE ST, SUITE 3800, OMAHA NE 68102
Fulcrum Growth Partners Llc 10 percent owner 1125 SOUTH 103RD STREET, #450, OMAHA NE 68124

Cabela′s (Cabela′s) Headlines

From GuruFocus

Bass Pro Shops Hooks Cabela's

By Sydnee Gatewood Sydnee Gatewood 10-04-2016

Looking Beyond Cabela's Short-Term Weakness

By rusticnomad rusticnomad 08-20-2014

Sequoia Fund Comments on Cabela's

By Holly LaFon 08-28-2015

Sarah Ketterer Buys Stake in Sporting Goods Retailer Cabela's

By David Goodloe David Goodloe 11-19-2015

Ken Fisher Exits Cabela's

By Kyle Ferguson Kyle Ferguson 01-20-2017

Michael Price Buys Alphabet, Cabela in 2nd Quarter

By Tiziano Frateschi Tiziano Frateschi 08-31-2017

Ruane Cunniff Comments on Cabela's

By Holly LaFon Holly LaFon 07-13-2016

5 Stocks Experiencing High Trading Volume

By Vatalyst.com Vatalyst.com 04-01-2012

More Upside Cannot Be Ruled Out At Cabela's

By rusticnomad rusticnomad 05-26-2015