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United Breweries Co (United Breweries Co) E10

: $1.01 (As of Dec. 2023)
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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.

United Breweries Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.259. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, United Breweries Co's average E10 Growth Rate was -2.40% per year. During the past 3 years, the average E10 Growth Rate was 1.10% per year. During the past 5 years, the average E10 Growth Rate was 0.50% per year. During the past 10 years, the average E10 Growth Rate was 2.20% 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 United Breweries Co was 16.00% per year. The lowest was -1.30% per year. And the median was 5.85% per year.

As of today (2024-04-23), United Breweries Co's current stock price is $11.86. United Breweries Co's E10 for the quarter that ended in Dec. 2023 was $1.01. United Breweries Co's Shiller PE Ratio of today is 11.74.

During the past 13 years, the highest Shiller PE Ratio of United Breweries Co was 22.24. The lowest was 9.92. And the median was 17.29.


United Breweries Co E10 Historical Data

The historical data trend for United Breweries Co'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.

United Breweries Co 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 1.14 1.23 1.02 1.07 1.01

United Breweries Co 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 1.07 1.20 1.16 1.02 1.01

Competitive Comparison

For the Beverages - Brewers subindustry, United Breweries Co'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.


United Breweries Co Shiller PE Ratio Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where United Breweries Co's Shiller PE Ratio falls into.



United Breweries Co 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, United Breweries Co'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)
=0.259/146.1089*146.1089
=0.259

Current CPI (Dec. 2023) = 146.1089.

United Breweries Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.399 94.584 0.616
201406 0.231 95.543 0.353
201409 0.134 96.883 0.202
201412 0.362 97.515 0.542
201503 0.374 98.539 0.555
201506 0.158 99.770 0.231
201509 0.159 101.383 0.229
201512 0.293 101.775 0.421
201603 0.358 102.930 0.508
201606 0.051 103.965 0.072
201609 0.100 104.521 0.140
201612 0.450 104.532 0.629
201703 0.381 105.752 0.526
201706 0.069 105.730 0.095
201709 0.162 106.035 0.223
201712 0.488 106.907 0.667
201803 0.508 107.670 0.689
201806 0.104 108.421 0.140
201809 0.159 109.369 0.212
201812 0.488 109.653 0.650
201903 0.386 110.339 0.511
201906 0.144 111.352 0.189
201909 0.064 111.821 0.084
201912 0.399 112.943 0.516
202003 0.206 114.468 0.263
202006 -0.022 114.283 -0.028
202009 0.084 115.275 0.106
202012 0.409 116.299 0.514
202103 0.476 117.770 0.591
202106 0.140 118.630 0.172
202109 0.284 121.431 0.342
202112 0.460 124.634 0.539
202203 0.444 128.850 0.503
202206 -0.062 133.448 -0.068
202209 0.097 138.101 0.103
202212 0.292 140.574 0.303
202303 0.400 143.145 0.408
202306 -0.027 143.538 -0.027
202309 0.057 145.172 0.057
202312 0.259 146.109 0.259

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


United Breweries Co  (NYSE:CCU) 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.

United Breweries Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.86/1.01
=11.74

* 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 United Breweries Co was 22.24. The lowest was 9.92. And the median was 17.29.


Be Aware

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


United Breweries Co E10 Related Terms

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


United Breweries Co (United Breweries Co) Business Description

Traded in Other Exchanges
Address
Avenida Vitacura N° 2670, Twenty-Third Floor, Santiago, CHL
United Breweries Co Inc is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The company is a player in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, juice, wine, cider and pisco, among others. The Company has three operating segment with respect to its revenues in the geographic areas of commercial activity: Chile; International business and Wine. It generates maximum revenue from Chile.

United Breweries Co (United Breweries Co) Headlines

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