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Fomento Economico MexicanoB de CV (BSP:FMXB34) E10 : R$25.70 (As of Sep. 2024)


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What is Fomento Economico MexicanoB de CV 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.

Fomento Economico MexicanoB de CV's adjusted earnings per share data for the three months ended in Sep. 2024 was R$1.293. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$25.70 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Fomento Economico MexicanoB de CV's average E10 Growth Rate was 3.30% per year. During the past 3 years, the average E10 Growth Rate was 11.10% per year. During the past 5 years, the average E10 Growth Rate was 5.50% per year. During the past 10 years, the average E10 Growth Rate was 4.90% 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 Fomento Economico MexicanoB de CV was 16.00% per year. The lowest was -17.60% per year. And the median was 4.05% per year.

As of today (2025-01-18), Fomento Economico MexicanoB de CV's current stock price is R$503.18. Fomento Economico MexicanoB de CV's E10 for the quarter that ended in Sep. 2024 was R$25.70. Fomento Economico MexicanoB de CV's Shiller PE Ratio of today is 19.58.

During the past 13 years, the highest Shiller PE Ratio of Fomento Economico MexicanoB de CV was 42.99. The lowest was 16.54. And the median was 26.09.


Fomento Economico MexicanoB de CV E10 Historical Data

The historical data trend for Fomento Economico MexicanoB de CV'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.

Fomento Economico MexicanoB de CV E10 Chart

Fomento Economico MexicanoB de CV 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 14.86 16.99 19.24 19.66 25.42

Fomento Economico MexicanoB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 24.48 25.42 25.08 27.44 25.70

Competitive Comparison of Fomento Economico MexicanoB de CV's E10

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV'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.


Fomento Economico MexicanoB de CV's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Shiller PE Ratio falls into.



Fomento Economico MexicanoB de CV 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, Fomento Economico MexicanoB de CV's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.293/155.1579*155.1579
=1.293

Current CPI (Sep. 2024) = 155.1579.

Fomento Economico MexicanoB de CV Quarterly Data

per share eps CPI Adj_EPS
201412 1.663 99.469 2.594
201503 1.805 99.973 2.801
201506 2.146 99.382 3.350
201509 3.211 100.112 4.977
201512 3.429 101.588 5.237
201603 1.801 102.573 2.724
201606 2.521 101.905 3.838
201609 3.146 103.084 4.735
201612 3.033 105.002 4.482
201703 1.528 108.063 2.194
201706 2.373 108.339 3.399
201709 15.653 109.628 22.154
201712 0.857 112.114 1.186
201803 -0.123 113.505 -0.168
201806 5.653 113.373 7.736
201809 2.689 115.130 3.624
201812 5.855 117.530 7.730
201903 1.236 118.050 1.625
201906 3.588 117.848 4.724
201909 4.242 118.581 5.550
201912 2.915 120.854 3.742
202003 4.535 121.885 5.773
202006 -7.345 121.777 -9.358
202009 2.202 123.341 2.770
202012 -0.900 124.661 -1.120
202103 3.518 127.574 4.279
202106 2.176 128.936 2.619
202109 10.127 130.742 12.018
202112 5.175 133.830 6.000
202203 2.785 137.082 3.152
202206 3.652 139.233 4.070
202209 7.831 142.116 8.550
202212 3.622 144.291 3.895
202303 38.531 146.472 40.816
202306 4.830 146.272 5.123
202309 3.497 148.446 3.655
202312 2.636 151.017 2.708
202403 2.514 152.947 2.550
202406 10.345 153.551 10.453
202409 1.293 155.158 1.293

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


Fomento Economico MexicanoB de CV  (BSP:FMXB34) 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.

Fomento Economico MexicanoB de CV's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=503.18/25.7
=19.58

* 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 Fomento Economico MexicanoB de CV was 42.99. The lowest was 16.54. And the median was 26.09.


Be Aware

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


Fomento Economico MexicanoB de CV E10 Related Terms

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


Fomento Economico MexicanoB de CV Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 75% of total company revenue and around 90% of profits in 2023.

Fomento Economico MexicanoB de CV Headlines

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