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Seaboard (FRA:S0V) E10 : €278.88 (As of Mar. 2024)


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What is Seaboard 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.

Seaboard's adjusted earnings per share data for the three months ended in Mar. 2024 was €20.847. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €278.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seaboard's average E10 Growth Rate was 4.00% per year. During the past 3 years, the average E10 Growth Rate was 9.90% per year. During the past 5 years, the average E10 Growth Rate was 8.30% per year. During the past 10 years, the average E10 Growth Rate was 4.20% 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 Seaboard was 45.20% per year. The lowest was 0.30% per year. And the median was 9.00% per year.

As of today (2024-05-26), Seaboard's current stock price is €3080.00. Seaboard's E10 for the quarter that ended in Mar. 2024 was €278.88. Seaboard's Shiller PE Ratio of today is 11.04.

During the past 13 years, the highest Shiller PE Ratio of Seaboard was 21.69. The lowest was 10.07. And the median was 15.23.


Seaboard E10 Historical Data

The historical data trend for Seaboard'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.

Seaboard E10 Chart

Seaboard 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 202.89 190.01 228.77 279.99 273.78

Seaboard 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 273.29 270.78 290.29 273.78 278.88

Competitive Comparison of Seaboard's E10

For the Conglomerates subindustry, Seaboard'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.


Seaboard's Shiller PE Ratio Distribution in the Conglomerates Industry

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

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



Seaboard 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, Seaboard'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)
=20.847/131.7762*131.7762
=20.847

Current CPI (Mar. 2024) = 131.7762.

Seaboard Quarterly Data

per share eps CPI Adj_EPS
201406 58.350 100.560 76.464
201409 69.708 100.428 91.467
201412 82.341 99.070 109.525
201503 25.974 99.621 34.358
201506 24.093 100.684 31.533
201509 2.308 100.392 3.030
201512 80.777 99.792 106.666
201603 41.227 100.470 54.073
201606 60.823 101.688 78.820
201609 57.398 101.861 74.255
201612 83.263 101.863 107.714
201703 67.170 102.862 86.051
201706 44.954 103.349 57.319
201709 58.126 104.136 73.554
201712 16.376 104.011 20.747
201803 21.694 105.290 27.151
201806 5.376 106.317 6.663
201809 25.650 106.507 31.736
201812 -53.377 105.998 -66.358
201903 43.179 107.251 53.053
201906 44.365 108.070 54.097
201909 -5.448 108.329 -6.627
201912 138.285 108.420 168.075
202003 -80.301 108.902 -97.168
202006 -20.877 108.767 -25.293
202009 112.560 109.815 135.070
202012 183.410 109.897 219.925
202103 129.385 111.754 152.565
202106 125.795 114.631 144.609
202109 69.275 115.734 78.877
202112 91.394 117.630 102.385
202203 81.066 121.301 88.067
202206 87.533 125.017 92.266
202209 127.038 125.227 133.682
202212 181.352 125.222 190.844
202303 -12.871 127.348 -13.319
202306 41.350 128.729 42.329
202309 101.711 129.860 103.212
202312 57.450 129.419 58.496
202403 20.847 131.776 20.847

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


Seaboard  (FRA:S0V) 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.

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

Shiller PE Ratio=Share Price/E10
=3080.00/278.88
=11.04

* 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 Seaboard was 21.69. The lowest was 10.07. And the median was 15.23.


Be Aware

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


Seaboard E10 Related Terms

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


Seaboard (FRA:S0V) Business Description

Traded in Other Exchanges
Address
9000 West 67th Street, Merriam, KS, USA, 66202
Seaboard Corp is a diversified group of companies that operate in agricultural and ocean transport businesses. The company is engaged in hog production and pork processing in the United States; commodity trading and grain processing in Africa and South America; cargo shipping services in the U.S., Caribbean and Central and South America; sugar and alcohol production in Argentina; and electric power generation in the Dominican Republic. It also has an equity method investment in Butterball, LLC, a producer and processor of turkey products. The group operates six business segments: pork, commodity trading and milling, marine, sugar and alcohol, power, and turkey. It operates in 45 countries, with a concentration in the U.S. and countries in Central and South America and Africa.

Seaboard (FRA:S0V) Headlines

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