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Alpargatas (BSP:ALPA3) E10 : R$1,960.32 (As of Dec. 2023)


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What is Alpargatas 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.

Alpargatas's adjusted earnings per share data for the three months ended in Dec. 2023 was R$-2.379. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1,960.32 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Alpargatas's average E10 Growth Rate was -14.40% per year. During the past 3 years, the average E10 Growth Rate was 1352.30% per year. During the past 5 years, the average E10 Growth Rate was 549.50% 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 Alpargatas was 1399.00% per year. The lowest was -6.40% per year. And the median was 681.45% per year.

As of today (2024-04-28), Alpargatas's current stock price is R$9.50. Alpargatas's E10 for the quarter that ended in Dec. 2023 was R$1,960.32. Alpargatas's Shiller PE Ratio of today is 0.00.

During the past 13 years, the highest Shiller PE Ratio of Alpargatas was 106.58. The lowest was 0.01. And the median was 29.24.


Alpargatas E10 Historical Data

The historical data trend for Alpargatas'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.

Alpargatas E10 Chart

Alpargatas 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 0.68 0.64 0.73 2,290.61 1,960.32

Alpargatas 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 2,290.61 2,338.49 2,356.25 1,950.43 1,960.32

Competitive Comparison of Alpargatas's E10

For the Footwear & Accessories subindustry, Alpargatas'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.


Alpargatas's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Alpargatas's Shiller PE Ratio distribution charts can be found below:

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



Alpargatas 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, Alpargatas'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)
=-2.379/156.2729*156.2729
=-2.379

Current CPI (Dec. 2023) = 156.2729.

Alpargatas Quarterly Data

per share eps CPI Adj_EPS
201403 0.201 90.447 0.347
201406 0.039 91.838 0.066
201409 0.097 92.602 0.164
201412 0.147 94.194 0.244
201503 0.171 97.799 0.273
201506 0.080 100.006 0.125
201509 0.138 101.392 0.213
201512 0.083 104.247 0.124
201603 0.200 106.979 0.292
201606 0.104 108.851 0.149
201609 0.147 109.986 0.209
201612 0.177 110.802 0.250
201703 0.321 111.869 0.448
201706 0.097 112.115 0.135
201709 0.127 112.777 0.176
201712 0.092 114.068 0.126
201803 0.197 114.868 0.268
201806 0.039 117.038 0.052
201809 0.209 117.881 0.277
201812 0.111 118.340 0.147
201903 0.075 120.124 0.098
201906 0.058 120.977 0.075
201909 0.115 121.292 0.148
201912 0.159 123.436 0.201
202003 0.081 124.092 0.102
202006 0.094 123.557 0.119
202009 0.009 125.095 0.011
202012 0.060 129.012 0.073
202103 0.219 131.660 0.260
202106 0.170 133.871 0.198
202109 0.270 137.913 0.306
202112 0.508 141.992 0.559
202203 0.103 146.537 0.110
202206 0.090 149.784 0.094
202209 22,532.000 147.800 23,823.752
202212 -0.031 150.207 -0.032
202303 -0.592 153.352 -0.603
202306 -0.074 154.519 -0.075
202309 -4,202.000 155.464 -4,223.877
202312 -2.379 156.273 -2.379

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


Alpargatas  (BSP:ALPA3) 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.

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

Shiller PE Ratio=Share Price/E10
=9.50/1960.32
=0.00

* 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 Alpargatas was 106.58. The lowest was 0.01. And the median was 29.24.


Be Aware

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


Alpargatas E10 Related Terms

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


Alpargatas (BSP:ALPA3) Business Description

Traded in Other Exchanges
Address
United Nations Avenue, Vila Gertrudes, 14.261, Sao Paulo, SP, BRA, 04794-00
Alpargatas SA primarily manufactures footwear, apparel, and sports items. Brands the company owns or manufactures under license include Havaianas, dupe, Osklen, Mizuno, Megga, and Sete Leguas. Alpargatas reaches consumers through third-party retailers and through its own retail stores. Most of the company's sales are in Brazil and Argentina, with sales in Brazil accounting for more than half of the company's total sales. Remaining revenue is generated by the company's subsidiaries in Europe and the United States, and through direct exports.

Alpargatas (BSP:ALPA3) Headlines

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