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Unilever NV (Unilever NV) E10 : $2.28 (As of Jun. 2020)


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What is Unilever NV 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.

Unilever NV's adjusted earnings per share data for the fiscal year that ended in Dec. 2019 was $2.378. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.28 for the trailing ten years ended in Dec. 2019.

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), Unilever NV's current stock price is $ 60.50. Unilever NV's E10 for the fiscal year that ended in Dec. 2019 was $2.28. Unilever NV's Shiller PE Ratio of today is 26.54.

During the past 13 years, the highest Shiller PE Ratio of Unilever NV was 29.26. The lowest was 24.41. And the median was 29.26.


Unilever NV E10 Historical Data

The historical data trend for Unilever NV'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.

Unilever NV E10 Chart

Unilever NV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.72 1.92 2.20 2.28

Unilever NV Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 - 2.20 - 2.28 -

Competitive Comparison of Unilever NV's E10

For the Household & Personal Products subindustry, Unilever NV'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.


Unilever NV's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unilever NV's Shiller PE Ratio distribution charts can be found below:

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



Unilever NV 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, Unilever NV's adjusted earnings per share data for the fiscal year that ended in Dec. 2019 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=2.378/106.8000*106.8000
=2.378

Current CPI (Dec. 2019) = 106.8000.

Unilever NV Annual Data

per_share_eps CPI Adj_EPS
201012 1.931 91.820 2.246
201112 1.868 94.040 2.121
201212 1.969 96.760 2.173
201312 2.274 98.360 2.469
201412 2.207 99.050 2.380
201512 1.874 99.730 2.007
201612 1.920 100.710 2.036
201712 2.533 101.970 2.653
201812 3.959 103.970 4.067
201912 2.378 106.800 2.378

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


Unilever NV  (NYSE:UN) 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.

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

Shiller PE Ratio=Share Price/E10
=60.50/2.28
=26.54

* 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 Unilever NV was 29.26. The lowest was 24.41. And the median was 29.26.


Be Aware

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


Unilever NV E10 Related Terms

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


Unilever NV (Unilever NV) Business Description

Traded in Other Exchanges
N/A
Address
Weena 455, Rotterdam, NLD, 3000
Netherlands-based Unilever NV and U.K.-based Unilever PLC operate Unilever Group, a diversified household and personal product (60% of 2018 sales by value) and packaged-food and refreshments (40%) company. The firm's brands include Knorr soups and sauces, Hellmann's mayonnaise, Lipton teas, Axe and Dove skin products, and the TRESemme hair-care brand. The firm has been acquisitive in recent years, and high-profile purchases include the mail-order men's grooming business Dollar Shave Club.