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CBCFF (CALBEE) E10 : $1.10 (As of Dec. 2024)


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What is CALBEE 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.

CALBEE's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.402. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.10 for the trailing ten years ended in Dec. 2024.

During the past 12 months, CALBEE's average E10 Growth Rate was 7.70% per year. During the past 3 years, the average E10 Growth Rate was 7.20% 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 CALBEE was 7.20% per year. The lowest was 7.20% per year. And the median was 7.20% per year.

As of today (2025-03-13), CALBEE's current stock price is $23.00. CALBEE's E10 for the quarter that ended in Dec. 2024 was $1.10. CALBEE's Shiller PE Ratio of today is 20.91.

During the past 13 years, the highest Shiller PE Ratio of CALBEE was 31.80. The lowest was 18.72. And the median was 22.20.


CALBEE E10 Historical Data

The historical data trend for CALBEE'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.

CALBEE E10 Chart

CALBEE Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.18 1.04 1.04 0.94

CALBEE 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 1.13 0.94 1.07 0.96 1.10

Competitive Comparison of CALBEE's E10

For the Packaged Foods subindustry, CALBEE'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.


CALBEE's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, CALBEE's Shiller PE Ratio distribution charts can be found below:

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



CALBEE 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, CALBEE'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)
=0.402/110.7000*110.7000
=0.402

Current CPI (Dec. 2024) = 110.7000.

CALBEE Quarterly Data

per share eps CPI Adj_EPS
201503 0.145 97.900 0.164
201506 0.211 98.400 0.237
201509 0.260 98.500 0.292
201512 0.353 98.100 0.398
201603 0.226 97.900 0.256
201606 0.272 98.100 0.307
201609 0.305 98.000 0.345
201612 0.414 98.400 0.466
201703 0.278 98.100 0.314
201706 0.154 98.500 0.173
201709 0.321 98.800 0.360
201712 0.399 99.400 0.444
201803 0.301 99.200 0.336
201806 0.286 99.200 0.319
201809 0.361 99.900 0.400
201812 0.359 99.700 0.399
201903 0.297 99.700 0.330
201906 0.294 99.800 0.326
201909 0.318 100.100 0.352
201912 0.402 100.500 0.443
202003 0.199 100.300 0.220
202006 0.282 99.900 0.312
202009 0.296 99.900 0.328
202012 0.420 99.300 0.468
202103 0.250 99.900 0.277
202106 0.337 99.500 0.375
202109 0.287 100.100 0.317
202112 0.365 100.100 0.404
202203 0.219 101.100 0.240
202206 0.263 101.800 0.286
202209 0.203 103.100 0.218
202212 0.243 104.100 0.258
202303 0.134 104.400 0.142
202306 0.354 105.200 0.373
202309 0.250 106.200 0.261
202312 0.350 106.800 0.363
202403 0.145 107.200 0.150
202406 0.359 108.200 0.367
202409 0.199 108.900 0.202
202412 0.402 110.700 0.402

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


CALBEE  (OTCPK:CBCFF) 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.

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

Shiller PE Ratio=Share Price/E10
=23.00/1.10
=20.91

* 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 CALBEE was 31.80. The lowest was 18.72. And the median was 22.20.


Be Aware

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


CALBEE E10 Related Terms

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


CALBEE Business Description

Traded in Other Exchanges
Address
1-8-3 Marunouchi, Chiyoda-ku, 22nd Floor, Marunouchi Trust Tower Main, Tokyo, JPN, 100-0005
Calbee, listed in 2011, is a leader in Japan's snack food industry with nearly 54% of the domestic market. Potato snacks, including chips and the company's original Jagarico and Jagabee potato strips, are a core strength, demonstrated by a dominant 71% share in potato chips. Growth in the Frugra brand, the best-selling cereal product with a 38% share in the domestic cereal market, is the latest growth driver in China. The overseas business, constituting 16% of group sales, has been undergoing restructuring since the partnership with Tingyi and PepsiCo unwound. Apart from China and the U.S., Indonesia and the U.K. are emerging as new growth drivers. Easing competition should end losses in Indonesia while the integration of Calbee U.K. and Seabrook will enhance cost efficiencies.

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