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Amazon.com (BUE:AMZN) E10 : ARS14.97 (As of Dec. 2024)


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What is Amazon.com 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.

Amazon.com's adjusted earnings per share data for the three months ended in Dec. 2024 was ARS26.091. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS14.97 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Amazon.com's average E10 Growth Rate was 48.80% per year. During the past 3 years, the average E10 Growth Rate was 27.90% per year. During the past 5 years, the average E10 Growth Rate was 38.60% per year. During the past 10 years, the average E10 Growth Rate was 46.80% 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 Amazon.com was 66.70% per year. The lowest was -5.90% per year. And the median was 31.75% per year.

As of today (2025-03-23), Amazon.com's current stock price is ARS1760.00. Amazon.com's E10 for the quarter that ended in Dec. 2024 was ARS14.97. Amazon.com's Shiller PE Ratio of today is 117.57.

During the past 13 years, the highest Shiller PE Ratio of Amazon.com was 717.68. The lowest was 94.38. And the median was 353.93.


Amazon.com E10 Historical Data

The historical data trend for Amazon.com'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.

Amazon.com E10 Chart

Amazon.com Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 1.23 2.11 8.21 14.97

Amazon.com Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 8.21 9.98 13.77 13.82 14.97

Competitive Comparison of Amazon.com's E10

For the Internet Retail subindustry, Amazon.com'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.


Amazon.com's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Amazon.com's Shiller PE Ratio distribution charts can be found below:

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



Amazon.com 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, Amazon.com's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=26.091/133.1571*133.1571
=26.091

Current CPI (Dec. 2024) = 133.1571.

Amazon.com Quarterly Data

per share eps CPI Adj_EPS
201503 -0.001 99.621 -0.001
201506 0.001 100.684 0.001
201509 0.001 100.392 0.001
201512 0.009 99.792 0.012
201603 0.011 100.470 0.015
201606 0.017 101.688 0.022
201609 0.005 101.861 0.007
201612 0.017 101.863 0.022
201703 0.016 102.862 0.021
201706 0.005 103.349 0.006
201709 0.006 104.136 0.008
201712 0.050 104.011 0.064
201803 0.046 105.290 0.058
201806 0.088 106.317 0.110
201809 0.147 106.507 0.184
201812 0.158 105.998 0.198
201903 0.192 107.251 0.238
201906 0.162 108.070 0.200
201909 0.164 108.329 0.202
201912 0.269 108.420 0.330
202003 0.216 108.902 0.264
202006 0.490 108.767 0.600
202009 0.638 109.815 0.774
202012 0.796 109.897 0.964
202103 0.988 111.754 1.177
202106 1.000 114.631 1.162
202109 0.421 115.734 0.484
202112 1.946 117.630 2.203
202203 -0.567 121.301 -0.622
202206 -0.334 125.017 -0.356
202209 0.540 125.227 0.574
202212 0.070 125.222 0.074
202303 0.851 127.348 0.890
202306 2.167 128.729 2.242
202309 4.569 129.860 4.685
202312 5.014 129.419 5.159
202403 11.467 131.776 11.587
202406 15.671 132.554 15.742
202409 18.878 133.029 18.896
202412 26.091 133.157 26.091

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


Amazon.com  (BUE:AMZN) 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.

Amazon.com's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1760.00/14.97
=117.57

* 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 Amazon.com was 717.68. The lowest was 94.38. And the median was 353.93.


Be Aware

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


Amazon.com E10 Related Terms

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


Amazon.com Business Description

Address
410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 75% of total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (15%), advertising services (5% to 10%), and other the remainder. International segments constitute 25% to 30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.