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B&G Foods (STU:DHR) E10 : €1.42 (As of Mar. 2024)


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What is B&G Foods 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.

B&G Foods's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.469. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, B&G Foods's average E10 Growth Rate was -12.00% per year. During the past 3 years, the average E10 Growth Rate was -2.20% per year. During the past 5 years, the average E10 Growth Rate was 2.00% per year. During the past 10 years, the average E10 Growth Rate was 11.10% 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 B&G Foods was 23.70% per year. The lowest was -2.20% per year. And the median was 11.60% per year.

As of today (2024-05-26), B&G Foods's current stock price is €8.588. B&G Foods's E10 for the quarter that ended in Mar. 2024 was €1.42. B&G Foods's Shiller PE Ratio of today is 6.05.

During the past 13 years, the highest Shiller PE Ratio of B&G Foods was 57.32. The lowest was 4.68. And the median was 20.09.


B&G Foods E10 Historical Data

The historical data trend for B&G Foods'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.

B&G Foods E10 Chart

B&G Foods 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 1.38 1.48 1.58 1.64 1.45

B&G Foods 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 1.61 1.64 1.55 1.45 1.42

Competitive Comparison of B&G Foods's E10

For the Packaged Foods subindustry, B&G Foods'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.


B&G Foods's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, B&G Foods's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where B&G Foods's Shiller PE Ratio falls into.



B&G Foods 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, B&G Foods'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)
=-0.469/131.7762*131.7762
=-0.469

Current CPI (Mar. 2024) = 131.7762.

B&G Foods Quarterly Data

per share eps CPI Adj_EPS
201406 0.221 100.560 0.290
201409 -0.062 100.428 -0.081
201412 0.170 99.070 0.226
201503 0.333 99.621 0.440
201506 0.294 100.684 0.385
201509 0.303 100.392 0.398
201512 0.174 99.792 0.230
201603 0.503 100.470 0.660
201606 0.427 101.688 0.553
201609 0.445 101.861 0.576
201612 0.190 101.863 0.246
201703 0.458 102.862 0.587
201706 0.294 103.349 0.375
201709 0.411 104.136 0.520
201712 1.648 104.011 2.088
201803 0.251 105.290 0.314
201806 0.103 106.317 0.128
201809 0.411 106.507 0.509
201812 1.494 105.998 1.857
201903 0.230 107.251 0.283
201906 0.248 108.070 0.302
201909 0.436 108.329 0.530
201912 0.144 108.420 0.175
202003 0.398 108.902 0.482
202006 0.622 108.767 0.754
202009 0.611 109.815 0.733
202012 0.156 109.897 0.187
202103 0.344 111.754 0.406
202106 0.315 114.631 0.362
202109 0.272 115.734 0.310
202112 -0.062 117.630 -0.069
202203 0.309 121.301 0.336
202206 0.003 125.017 0.003
202209 -0.838 125.227 -0.882
202212 0.321 125.222 0.338
202303 0.047 127.348 0.049
202306 0.138 128.729 0.141
202309 -1.040 129.860 -1.055
202312 0.028 129.419 0.029
202403 -0.469 131.776 -0.469

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


B&G Foods  (STU:DHR) 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.

B&G Foods's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.588/1.42
=6.05

* 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 B&G Foods was 57.32. The lowest was 4.68. And the median was 20.09.


Be Aware

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


B&G Foods E10 Related Terms

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


B&G Foods (STU:DHR) Business Description

Traded in Other Exchanges
Address
Four Gatehall Drive, Parsippany, NJ, USA, 07054
B&G Foods Inc is an American packaged-food manufacturer. The company sells its products in the United States, Canada, and Puerto Rico. The company's main brands are Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, MacDonald's, Mama Mary's, Maple Grove Farms, Regina, Sa-son, Sclafani, Smart Puffs, Spice Islands, Spring Tree, and Wright's. The company distributes its products through multiple channels to supermarkets, wholesalers, mass merchants, warehouse clubs, and food service distributors, among others.

B&G Foods (STU:DHR) Headlines