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Express, (Express,) E10 : $-7.13 (As of Oct. 2023)


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What is Express, 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.

Express,'s adjusted earnings per share data for the three months ended in Oct. 2023 was $-9.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-7.13 for the trailing ten years ended in Oct. 2023.

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 (2024-04-25), Express,'s current stock price is $0.69. Express,'s E10 for the quarter that ended in Oct. 2023 was $-7.13. Express,'s Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Express, was 45.11. The lowest was 1.67. And the median was 4.09.


Express, E10 Historical Data

The historical data trend for Express,'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.

Express, E10 Chart

Express, Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.72 15.79 -0.28 -4.78 -0.79

Express, Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -8.45 -0.79 -3.77 -5.50 -7.13

Competitive Comparison of Express,'s E10

For the Apparel Retail subindustry, Express,'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.


Express,'s Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



Express, 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, Express,'s adjusted earnings per share data for the three months ended in Oct. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=-9.83/129.8097*129.8097
=-9.830

Current CPI (Oct. 2023) = 129.8097.

Express, Quarterly Data

per share eps CPI Adj_EPS
201401 11.400 98.692 14.994
201404 1.200 100.023 1.557
201407 1.600 100.520 2.066
201410 3.400 100.176 4.406
201501 9.800 98.604 12.902
201504 3.000 99.824 3.901
201507 5.000 100.691 6.446
201510 6.200 100.346 8.020
201601 13.400 99.957 17.402
201604 3.200 100.947 4.115
201607 2.600 101.524 3.324
201610 3.000 101.988 3.818
201701 5.800 102.456 7.348
201704 -0.600 103.167 -0.755
201707 -3.000 103.278 -3.771
201710 1.600 104.070 1.996
201801 7.400 104.578 9.185
201804 0.200 105.708 0.246
201807 0.600 106.324 0.733
201810 2.200 106.695 2.677
201901 -0.400 106.200 -0.489
201904 -3.000 107.818 -3.612
201907 -2.800 108.250 -3.358
201910 -1.000 108.577 -1.196
202001 -44.200 108.841 -52.715
202004 -48.200 108.173 -57.841
202007 -33.400 109.318 -39.661
202010 -27.800 109.861 -32.848
202101 -16.400 110.364 -19.290
202104 -14.000 112.673 -16.129
202107 3.000 115.183 3.381
202110 3.800 116.696 4.227
202201 2.200 118.619 2.408
202204 -3.600 121.978 -3.831
202207 2.050 125.002 2.129
202210 -10.090 125.734 -10.417
202301 96.400 126.223 99.139
202304 -19.800 127.992 -20.081
202307 -11.790 128.974 -11.866
202310 -9.830 129.810 -9.830

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


Express,  (OTCPK:EXPRQ) 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.

During the past 13 years, the highest Shiller P/E Ratio of Express, was 45.11. The lowest was 1.67. And the median was 4.09.


Be Aware

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


Express, E10 Related Terms

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


Express, (Express,) Business Description

Traded in Other Exchanges
N/A
Address
1 Express Drive, Columbus, OH, USA, 43230
Express, Inc. is a United States-based specialty apparel retailer. It offers apparel and accessories for work, casual, jeanswear, and going-out. The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements. It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel.
Executives
Stewart Glendinning director, officer: Chief Executive Officer 1 EXPRESS DRIVE, COLUMBUS OH 43230
Yehuda Shmidman director C/O ICONIX BRAND GROUP, INC., 1450 BROADWAY, 4TH FLOOR, NEW YORK NY 10018
Satish Mehta director C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Jason N Judd officer: SVP, CFO and Treasurer 50 N THIRD ST, NEWARK OH 43055
Patricia E Lopez director 333 LUDLOW ST, STAMFORD CT 06902
Antonio Lucio director C/O EXPRESS INC., 1 EXPRESS DRIVE, COLUMBUS OH 43230
Laurel Krueger officer: Chief Legal Officer & Corp Sec ONE EXPRESS DRIVE, COLUMBUS OH 43230
Periclis Pericleous officer: SVP, CFO and Treasurer 1 EXPRESS DR., COLUMBUS OH 43230
Matthew C Moellering officer: EVP, CAO,CFO, Treasurer & Sec. C/O EXPRESS PARENT LLC, ONE LIMITED PARKWAY, COLUMBUS OH 43230
Malissa Akay officer: EVP, Chief Merch. Officer 1 EXPRESS DR., COLUMBUS OH 43230
Sara Tervo officer: EVP, Chief Marketing Officer 1 EXPRESS DR., COLUMBUS OH 43230
Timothy G Baxter director, officer: Chief Executive Officer C/O EXPRESS, INC., 1 EXPRESS DR., COLUMBUS OH 43230
Contrarius Investment Management Ltd 10 percent owner 2 BOND STREET, ST. HELIER Y9 JE2 3NP
Contrarius Investment Management (bermuda) Ltd 10 percent owner VICTORIA PLACE, 5TH FLOOR, 31 VICTORIA STREET, HAMILTON D0 HM 10
James A Hilt officer: EVP, CMO, and ECommerce 1 EXPRESS DRIVE, COLUMBUS OH 43230

Express, (Express,) Headlines

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