Switch to:
BBX Capital Corp  (NYSE:BBX) E10: $0.15 (As of Jun. 2017)

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.

BBX Capital Corp's adjusted earnings per share data for the three months ended in Jun. 2017 was $0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.15 for the trailing ten years ended in Jun. 2017.

As of today, BBX Capital Corp's current stock price is $7.23. BBX Capital Corp's E10 for the quarter that ended in Jun. 2017 was $0.15. BBX Capital Corp's Shiller PE Ratio of today is 48.20.

During the past 13 years, the highest Shiller PE Ratio of BBX Capital Corp was 124.33. The lowest was 1.83. And the median was 46.00.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

BBX Capital Corp Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -0.04 0.06 0.10

BBX Capital Corp Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
E10 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 Premium Member Only Premium Member Only Premium Member Only 0.07 0.09 0.10 0.12 0.15

Competitive Comparison
* 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.


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.

For example, BBX Capital Corp's adjusted earnings per share data for the three months ended in Jun. 2017 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=0.11/244.955*244.955
=0.110

Current CPI (Jun. 2017) = 244.955.

BBX Capital Corp Quarterly Data

per share eps CPI Adj_EPS
200709 -0.590 208.490 -0.693
200712 -0.010 210.036 -0.012
200803 -0.130 213.528 -0.149
200806 -0.110 218.815 -0.123
200809 0.110 218.783 0.123
200812 -1.180 210.228 -1.375
200903 -0.230 212.709 -0.265
200906 -0.290 215.693 -0.329
200909 -1.090 215.969 -1.236
200912 2.140 215.949 2.427
201003 -0.260 217.631 -0.293
201006 -0.210 217.965 -0.236
201009 -0.330 218.439 -0.370
201012 -0.580 219.179 -0.648
201103 -0.040 223.467 -0.044
201106 -0.100 225.722 -0.109
201109 -0.030 226.889 -0.032
201112 0.000 225.672 0.000
201203 -0.040 229.392 -0.043
201206 0.320 229.478 0.342
201209 2.030 231.407 2.149
201212 -0.230 229.601 -0.245
201303 -0.030 232.773 -0.032
201306 -0.020 233.504 -0.021
201309 0.110 234.149 0.115
201312 0.290 233.049 0.305
201403 0.040 236.293 0.041
201406 0.110 238.343 0.113
201409 0.050 238.031 0.051
201412 -0.030 234.812 -0.031
201503 0.020 236.119 0.021
201506 0.970 238.638 0.996
201509 0.190 237.945 0.196
201512 0.220 236.525 0.228
201603 0.060 238.132 0.062
201606 0.003 241.018 0.003
201609 0.210 241.428 0.213
201612 0.050 241.432 0.051
201703 0.170 243.801 0.171
201706 0.110 244.955 0.110

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

BBX Capital Corp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.23/0.15
=48.20

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

During the past 13 years, the highest Shiller P/E Ratio of BBX Capital Corp was 124.33. The lowest was 1.83. And the median was 46.00.


Be Aware

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


Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK