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BRP (DOOO) E10 : $3.70 (As of Jan. 2024)


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What is BRP 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.

BRP's adjusted earnings per share data for the three months ended in Jan. 2024 was $1.833. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.70 for the trailing ten years ended in Jan. 2024.

During the past 12 months, BRP's average E10 Growth Rate was 25.50% 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.

As of today (2024-04-26), BRP's current stock price is $68.74. BRP's E10 for the quarter that ended in Jan. 2024 was $3.70. BRP's Shiller PE Ratio of today is 18.58.

During the past 12 years, the highest Shiller PE Ratio of BRP was 36.64. The lowest was 16.71. And the median was 26.20.


BRP E10 Historical Data

The historical data trend for BRP'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.

BRP E10 Chart

BRP Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.23 2.98 3.70

BRP Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.98 3.10 3.55 3.40 3.70

Competitive Comparison of BRP's E10

For the Recreational Vehicles subindustry, BRP'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.


BRP's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BRP's Shiller PE Ratio distribution charts can be found below:

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



BRP 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, BRP's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.833/125.4675*125.4675
=1.833

Current CPI (Jan. 2024) = 125.4675.

BRP Quarterly Data

per share eps CPI Adj_EPS
201404 0.218 98.920 0.277
201407 -0.028 99.315 -0.035
201410 0.276 99.473 0.348
201501 0.058 98.209 0.074
201504 0.567 99.710 0.713
201507 -0.451 100.579 -0.563
201510 0.428 100.500 0.534
201601 -0.169 100.184 -0.212
201604 0.749 101.370 0.927
201607 -0.467 101.844 -0.575
201610 0.528 102.002 0.649
201701 0.918 102.318 1.126
201704 -0.037 103.029 -0.045
201707 0.733 103.029 0.893
201710 0.531 103.424 0.644
201801 0.539 104.056 0.650
201804 0.102 105.320 0.122
201807 0.312 106.110 0.369
201810 0.707 105.952 0.837
201901 0.632 105.557 0.751
201904 0.187 107.453 0.218
201907 0.733 108.243 0.850
201910 1.130 107.927 1.314
202001 1.008 108.085 1.170
202004 -1.837 107.216 -2.150
202007 1.059 108.401 1.226
202010 1.680 108.638 1.940
202101 2.342 109.192 2.691
202104 2.233 110.851 2.527
202107 1.963 112.431 2.191
202110 1.230 113.695 1.357
202201 1.981 114.801 2.165
202204 1.156 118.357 1.225
202207 2.273 120.964 2.358
202210 1.286 121.517 1.328
202301 3.368 121.596 3.475
202304 1.424 123.571 1.446
202307 3.225 124.914 3.239
202310 0.591 125.310 0.592
202401 1.833 125.468 1.833

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


BRP  (NAS:DOOO) 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.

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

Shiller PE Ratio=Share Price/E10
=68.74/3.7
=18.58

* 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 12 years, the highest Shiller P/E Ratio of BRP was 36.64. The lowest was 16.71. And the median was 26.20.


Be Aware

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


BRP E10 Related Terms

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


BRP (DOOO) Business Description

Traded in Other Exchanges
Address
726 Saint-Joseph Street, Valcourt, QC, CAN, J0E 2L0
BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after shuttering the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers. In 2018, BRP created a marine group, acquiring boat manufacturers Alumacraft, Triton (which makes Manitou pontoon boats), and Telwater (in Australia). At the end of fiscal 2023, the company sold its products through a network of more than 2,600 independent dealers and 150 distributors in about 130 countries.