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Fortune Brands Innovations (FRA:2FB) E10 : €3.95 (As of Dec. 2024)


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What is Fortune Brands Innovations 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.

Fortune Brands Innovations's adjusted earnings per share data for the three months ended in Dec. 2024 was €0.802. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.95 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Fortune Brands Innovations's average E10 Growth Rate was 9.70% per year. During the past 3 years, the average E10 Growth Rate was 12.80% per year. During the past 5 years, the average E10 Growth Rate was 19.30% 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 Fortune Brands Innovations was 25.90% per year. The lowest was 12.80% per year. And the median was 20.90% per year.

As of today (2025-03-20), Fortune Brands Innovations's current stock price is €58.00. Fortune Brands Innovations's E10 for the quarter that ended in Dec. 2024 was €3.95. Fortune Brands Innovations's Shiller PE Ratio of today is 14.68.

During the past 13 years, the highest Shiller PE Ratio of Fortune Brands Innovations was 41.82. The lowest was 13.50. And the median was 21.21.


Fortune Brands Innovations E10 Historical Data

The historical data trend for Fortune Brands Innovations'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.

Fortune Brands Innovations E10 Chart

Fortune Brands Innovations 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 1.70 2.52 3.25 3.40 3.95

Fortune Brands Innovations 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 3.40 3.51 3.66 3.59 3.95

Competitive Comparison of Fortune Brands Innovations's E10

For the Building Products & Equipment subindustry, Fortune Brands Innovations'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.


Fortune Brands Innovations's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fortune Brands Innovations's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fortune Brands Innovations's Shiller PE Ratio falls into.



Fortune Brands Innovations 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, Fortune Brands Innovations'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)
=0.802/133.1571*133.1571
=0.802

Current CPI (Dec. 2024) = 133.1571.

Fortune Brands Innovations Quarterly Data

per share eps CPI Adj_EPS
201503 0.231 99.621 0.309
201506 0.437 100.684 0.578
201509 0.588 100.392 0.780
201512 0.496 99.792 0.662
201603 0.341 100.470 0.452
201606 0.712 101.688 0.932
201609 0.695 101.861 0.909
201612 0.635 101.863 0.830
201703 0.467 102.862 0.605
201706 0.783 103.349 1.009
201709 0.696 104.136 0.890
201712 0.701 104.011 0.897
201803 0.397 105.290 0.502
201806 0.753 106.317 0.943
201809 0.591 106.507 0.739
201812 0.527 105.998 0.662
201903 0.531 107.251 0.659
201906 0.858 108.070 1.057
201909 0.681 108.329 0.837
201912 0.666 108.420 0.818
202003 0.697 108.902 0.852
202006 0.737 108.767 0.902
202009 0.993 109.815 1.204
202012 0.954 109.897 1.156
202103 1.058 111.754 1.261
202106 1.287 114.631 1.495
202109 1.233 115.734 1.419
202112 1.133 117.630 1.283
202203 1.217 121.301 1.336
202206 1.381 125.017 1.471
202209 1.586 125.227 1.686
202212 0.802 125.222 0.853
202303 0.616 127.348 0.644
202306 0.738 128.729 0.763
202309 1.003 129.860 1.028
202312 0.587 129.419 0.604
202403 0.699 131.776 0.706
202406 0.985 132.554 0.989
202409 0.982 133.029 0.983
202412 0.802 133.157 0.802

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


Fortune Brands Innovations  (FRA:2FB) 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.

Fortune Brands Innovations's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=58.00/3.95
=14.68

* 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 Fortune Brands Innovations was 41.82. The lowest was 13.50. And the median was 21.21.


Be Aware

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


Fortune Brands Innovations E10 Related Terms

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


Fortune Brands Innovations Business Description

Traded in Other Exchanges
Address
520 Lake Cook Road, Suite 300, Deerfield, IL, USA, 60015-5611
Fortune Brands Innovations is a leading home and security products company that has three reportable segments. The company's $2.6 billion water segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures; the $1.3 billion outdoors segment primarily sells entry doors under the Therma-Tru brand name and Fiberon-branded patio decking; and the $723 million security segment sells locks and other security devices under the Master Lock, SentrySafe, Yale, and August brand names.

Fortune Brands Innovations Headlines

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