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B&G Foods (B&G Foods) E10 : $1.60 (As of Dec. 2023)


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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 Dec. 2023 was $0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.60 for the trailing ten years ended in Dec. 2023.

During the past 12 months, B&G Foods's average E10 Growth Rate was -9.10% 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 (2024-04-28), B&G Foods's current stock price is $11.06. B&G Foods's E10 for the quarter that ended in Dec. 2023 was $1.60. B&G Foods's Shiller PE Ratio of today is 6.91.

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 20.76.


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 1.57 1.71 1.81 1.76 1.60

B&G Foods 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 1.76 1.75 1.79 1.65 1.60

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 Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.03/129.4194*129.4194
=0.030

Current CPI (Dec. 2023) = 129.4194.

B&G Foods Quarterly Data

per share eps CPI Adj_EPS
201403 0.330 99.695 0.428
201406 0.300 100.560 0.386
201409 -0.080 100.428 -0.103
201412 0.210 99.070 0.274
201503 0.360 99.621 0.468
201506 0.330 100.684 0.424
201509 0.340 100.392 0.438
201512 0.190 99.792 0.246
201603 0.560 100.470 0.721
201606 0.480 101.688 0.611
201609 0.500 101.861 0.635
201612 0.200 101.863 0.254
201703 0.490 102.862 0.617
201706 0.330 103.349 0.413
201709 0.490 104.136 0.609
201712 1.950 104.011 2.426
201803 0.310 105.290 0.381
201806 0.120 106.317 0.146
201809 0.480 106.507 0.583
201812 1.700 105.998 2.076
201903 0.260 107.251 0.314
201906 0.280 108.070 0.335
201909 0.480 108.329 0.573
201912 0.160 108.420 0.191
202003 0.440 108.902 0.523
202006 0.700 108.767 0.833
202009 0.720 109.815 0.849
202012 0.190 109.897 0.224
202103 0.410 111.754 0.475
202106 0.380 114.631 0.429
202109 0.320 115.734 0.358
202112 -0.070 117.630 -0.077
202203 0.340 121.301 0.363
202206 0.004 125.017 0.004
202209 -0.830 125.227 -0.858
202212 0.340 125.222 0.351
202303 0.050 127.348 0.051
202306 0.150 128.729 0.151
202309 -1.110 129.860 -1.106
202312 0.030 129.419 0.030

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


B&G Foods  (NYSE:BGS) 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
=11.06/1.6
=6.91

* 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 20.76.


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 (B&G Foods) 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.
Executives
Jordan E Greenberg officer: EVP & Chief Commercial Officer C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Bruce C Wacha officer: EVP of Corp Strategy & Bus Dev C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
David L Wenner director, officer: President & CEO C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Andrew D Vogel officer: EVP, PRESIDENT OF MEALS C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Alfred Poe director C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Kristen A. Thompson officer: SVP, President of Frozen & Veg C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Keller Kenneth C Jr director, officer: President & CEO C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Debra M Chase director C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Deann L Brunts director C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Ellen M Schum officer: EVP & Chief Customer Officer C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Erich A Fritz officer: EVP-Chief Supply Chain Officer C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Kenneth G. Romanzi officer: EVP & Chief Operating Officer C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Cheryl M Palmer director C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Michael Adasczik officer: VP, Chief Accounting Officer C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Robert D Mills director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027