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Hibbett (Hibbett) E10 : $5.21 (As of Jan. 2024)


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What is Hibbett 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.

Hibbett's adjusted earnings per share data for the three months ended in Jan. 2024 was $2.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.21 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Hibbett's average E10 Growth Rate was 12.50% per year. During the past 3 years, the average E10 Growth Rate was 24.20% per year. During the past 5 years, the average E10 Growth Rate was 19.30% per year. During the past 10 years, the average E10 Growth Rate was 11.50% 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 Hibbett was 24.20% per year. The lowest was 3.50% per year. And the median was 15.10% per year.

As of today (2024-04-28), Hibbett's current stock price is $86.15. Hibbett's E10 for the quarter that ended in Jan. 2024 was $5.21. Hibbett's Shiller PE Ratio of today is 16.54.

During the past 13 years, the highest Shiller PE Ratio of Hibbett was 42.80. The lowest was 3.98. And the median was 14.83.


Hibbett E10 Historical Data

The historical data trend for Hibbett'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.

Hibbett E10 Chart

Hibbett Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 2.72 3.77 4.63 5.21

Hibbett Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.63 4.84 4.91 5.06 5.21

Competitive Comparison of Hibbett's E10

For the Apparel Retail subindustry, Hibbett'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.


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

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

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



Hibbett 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, Hibbett's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.51/129.4194*129.4194
=2.510

Current CPI (Jan. 2024) = 129.4194.

Hibbett Quarterly Data

per share eps CPI Adj_EPS
201404 1.090 100.023 1.410
201407 0.320 100.520 0.412
201410 0.670 100.176 0.866
201501 0.790 98.604 1.037
201504 1.090 99.824 1.413
201507 0.280 100.691 0.360
201510 0.790 100.346 1.019
201601 0.760 99.957 0.984
201604 1.220 100.947 1.564
201607 0.290 101.524 0.370
201610 0.660 101.988 0.838
201701 0.540 102.456 0.682
201704 0.970 103.167 1.217
201707 -0.150 103.278 -0.188
201710 0.370 104.070 0.460
201801 0.510 104.578 0.631
201804 1.120 105.708 1.371
201807 -0.060 106.324 -0.073
201810 0.080 106.695 0.097
201901 0.360 106.200 0.439
201904 1.500 107.818 1.801
201907 -0.490 108.250 -0.586
201910 0.130 108.577 0.155
202001 0.340 108.841 0.404
202004 -0.920 108.173 -1.101
202007 2.380 109.318 2.818
202010 1.470 109.861 1.732
202101 1.390 110.364 1.630
202104 5.000 112.673 5.743
202107 2.860 115.183 3.213
202110 1.680 116.696 1.863
202201 1.250 118.619 1.364
202204 2.890 121.978 3.066
202207 1.860 125.002 1.926
202210 1.940 125.734 1.997
202301 2.910 126.223 2.984
202304 2.740 127.992 2.771
202307 0.850 128.974 0.853
202310 2.050 129.810 2.044
202401 2.510 129.419 2.510

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


Hibbett  (NAS:HIBB) 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.

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

Shiller PE Ratio=Share Price/E10
=86.15/5.21
=16.54

* 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 Hibbett was 42.80. The lowest was 3.98. And the median was 14.83.


Be Aware

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


Hibbett E10 Related Terms

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


Hibbett (Hibbett) Business Description

Traded in Other Exchanges
Address
2700 Milan Court, Birmingham, AL, USA, 35211
Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company's primary retail format stores, accounting for most of the company's total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.
Executives
William G Quinn officer: SVP Digital Commerce 2700 MILAN COURT, BIRMINGHAM AL 35211
Ronald P Blahnik officer: SVP and CIO 2700 MILAN COURT, BIRMINGHAM AL 35211
Mark Anthony Gunn officer: SVP, CHRO 2700 MILAN COURT, BIRMINGHAM AL 35211
David Mitchell Benck officer: SVP General Counsel 2700 MILAN COURT, BIRMINGHAM AL 35211
James A Hilt director 1 EXPRESS DRIVE, COLUMBUS OH 43230
Dorlisa K Flur director POST OFFICE BOX 1017, CHARLOTTE NC 28201-1017
Pamela J Edwards director 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ramesh Chikkala director 2700 MILAN COURT, BIRMINGHAM AL 35211
Jonalin S. Smith other: SVP Merchandising 2700 MILAN COURT, BIRMINGHAM AL 35211
Michael C. Mcabee other: SVP Supply Chain, Store Dev 2700 MILAN COURT, BIRMINGHAM AL 35211
Anthony F Crudele director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Michael E Longo director, officer: President and CEO
Alton E Yother director
Benjamin Ashley Knighten officer: SVP Operations 2700 MILAN COURT, BIRMINGHAM AL 35211
Linda Hubbard director 2700 MILAN COURT, BIRMINGHAM AL 35211