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Potbelly (Potbelly) E10 : $-0.51 (As of Dec. 2023)


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What is Potbelly 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.

Potbelly's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.51 for the trailing ten years ended in Dec. 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 (2024-04-30), Potbelly's current stock price is $10.19. Potbelly's E10 for the quarter that ended in Dec. 2023 was $-0.51. Potbelly's Shiller PE Ratio of today is .


Potbelly E10 Historical Data

The historical data trend for Potbelly'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.

Potbelly E10 Chart

Potbelly 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 - - -1.20 -1.03 -0.51

Potbelly 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 -1.03 -1.01 -1.02 -0.77 -0.51

Competitive Comparison of Potbelly's E10

For the Restaurants subindustry, Potbelly'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.


Potbelly's Shiller PE Ratio Distribution in the Restaurants Industry

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

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



Potbelly 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, Potbelly'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)
=0.09/129.4194*129.4194
=0.090

Current CPI (Dec. 2023) = 129.4194.

Potbelly Quarterly Data

per share eps CPI Adj_EPS
201403 -0.010 99.695 -0.013
201406 0.070 100.560 0.090
201409 0.060 100.428 0.077
201412 0.020 99.070 0.026
201503 0.020 99.621 0.026
201506 0.080 100.684 0.103
201509 0.050 100.392 0.064
201512 0.050 99.792 0.065
201603 0.040 100.470 0.052
201606 0.130 101.688 0.165
201609 0.070 101.861 0.089
201612 0.080 101.863 0.102
201703 0.030 102.862 0.038
201706 -0.010 103.349 -0.013
201709 -0.010 104.136 -0.012
201712 -0.290 104.011 -0.361
201803 -0.090 105.290 -0.111
201806 -0.010 106.317 -0.012
201809 -0.080 106.507 -0.097
201812 -0.170 105.998 -0.208
201903 -0.760 107.251 -0.917
201906 -0.080 108.070 -0.096
201909 -0.100 108.329 -0.119
201912 -0.060 108.420 -0.072
202003 -0.560 108.902 -0.666
202006 -0.930 108.767 -1.107
202009 -0.560 109.815 -0.660
202012 -0.680 109.897 -0.801
202103 -0.560 111.754 -0.649
202106 -0.140 114.631 -0.158
202109 -0.100 115.734 -0.112
202112 -0.090 117.630 -0.099
202203 -0.280 121.301 -0.299
202206 0.020 125.017 0.021
202209 0.310 125.227 0.320
202212 0.090 125.222 0.093
202303 -0.050 127.348 -0.051
202306 0.070 128.729 0.070
202309 0.050 129.860 0.050
202312 0.090 129.419 0.090

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


Potbelly  (NAS:PBPB) 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.


Be Aware

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


Potbelly E10 Related Terms

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


Potbelly (Potbelly) Business Description

Traded in Other Exchanges
Address
111 North Canal Street, Suite 325, Chicago, IL, USA, 60606
Potbelly Corp owns and franchises hundreds of limited-service restaurants specializing in sandwiches and salads, shakes. The menu includes toasty sandwiches, signature salads, soups, chili, sides, desserts, and, in breakfast locations it serves breakfast sandwiches and steel-cut oatmeal. Most of its locations are company-owned and located in the United States, with Illinois and Texas housing far more locations than any other state. The company has franchise partners in a number of countries. Excluding the United States, most of Potbelly's franchises are in the Middle East.
Executives
Robert D. Wright officer: President and CEO 111 N. CANAL STREET, SUITE 850, CHICAGO IL 60606
Steven Cirulis officer: SVP, Chief Financial Officer 111 N. CANAL ST., SUITE 850, CHICAGO IL 60606
Karen Lynette Mckee officer: SVP, Franchising C/O POTBELLY CORPORATION, 111 N. CANAL STREET, SUITE 325, CHICAGO IL 60606
Jeffrey Douglas officer: SVP, Chief Information Officer 111 N. CANAL STREET, SUITE 850, CHICAGO IL 60606
David Near director 111 N CANAL ST, SUITE 850, CHICAGO IL 60601
Adiya Dixon officer: SVP, CLO and Secretary 111 N CANAL, SUITE 850, CHICAGO IL 60606
Patrick James Walsh officer: Chief People Officer 410 N. MICHIGAN AVENUE, SUITE 400, CHICAGO IL 60611
Adam Noyes officer: SVP, Chief Operations Officer 111 N CANAL ST, SUITE 850, CHICAGO IL 60601
David T. Pearson director C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Jill Sutton director 313 IRON HORSE WAY, PROVIDENCE RI 02908
David Scott Daniels officer: CHIEF MARKETING OFFICER C/O POTBELLY CORPORATION, 111 N. CANAL STREET, SUITE 325, CHICAGO IL 60606
Larry Strain officer: CHIEF DEVELOPMENT OFFICER C/O POTBELLY CORPORATION, 111 N. CANAL STREET, SUITE 325, CHICAGO IL 60606
Todd Whitney Smith director 300 JOHNNY BENCH DRIVE, OKLAHOMA CITY OK 73104
Adrian M Butler director 111 NORTH CANAL STREET, SUITE 850, CHICAGO IL 60606
Joseph Boehm director 111 NORTH CANAL, SUITE 850, CHICAGO IL 60606