GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Barnes & Noble Inc (FRA:BAR) » Definitions » E10

Barnes & Noble (FRA:BAR) E10 : €-0.80 (As of Apr. 2019)


View and export this data going back to . Start your Free Trial

What is Barnes & Noble 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.

Barnes & Noble's adjusted earnings per share data for the three months ended in Apr. 2019 was €-0.231. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.80 for the trailing ten years ended in Apr. 2019.

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 (2024-05-15), Barnes & Noble's current stock price is €5.63. Barnes & Noble's E10 for the quarter that ended in Apr. 2019 was €-0.80. Barnes & Noble's Shiller PE Ratio of today is .


Barnes & Noble E10 Historical Data

The historical data trend for Barnes & Noble'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.

Barnes & Noble E10 Chart

Barnes & Noble Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 -0.10 -0.31 -0.60 -0.80

Barnes & Noble Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19
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 -0.60 -0.67 -0.72 -0.73 -0.80

Competitive Comparison of Barnes & Noble's E10

For the Specialty Retail subindustry, Barnes & Noble'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.


Barnes & Noble's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Barnes & Noble's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Barnes & Noble's Shiller PE Ratio falls into.



Barnes & Noble 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, Barnes & Noble's adjusted earnings per share data for the three months ended in Apr. 2019 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2019 (Change)*Current CPI (Apr. 2019)
=-0.231/107.8184*107.8184
=-0.231

Current CPI (Apr. 2019) = 107.8184.

Barnes & Noble Quarterly Data

per share eps CPI Adj_EPS
200907 0.149 90.859 0.177
200910 -0.290 91.207 -0.343
201001 0.967 91.423 1.140
201004 -0.417 91.980 -0.489
201007 -0.875 91.981 -1.026
201010 -0.158 92.277 -0.185
201101 0.748 92.914 0.868
201104 -0.664 94.890 -0.754
201107 -0.694 95.319 -0.785
201110 -0.124 95.529 -0.140
201201 0.550 95.632 0.620
201204 -0.821 97.075 -0.912
201207 -0.619 96.661 -0.690
201210 -0.054 97.595 -0.060
201301 -0.105 97.158 -0.117
201304 -1.620 98.107 -1.780
201307 -1.192 98.557 -1.304
201310 0.110 98.536 0.120
201401 0.631 98.692 0.689
201404 -0.521 100.023 -0.562
201407 -0.414 100.520 -0.444
201410 0.095 100.176 0.102
201501 0.827 98.604 0.904
201504 -0.342 99.824 -0.369
201507 -0.618 100.691 -0.662
201510 -0.463 100.346 -0.497
201601 0.958 99.957 1.033
201604 -0.370 100.947 -0.395
201607 -0.181 101.524 -0.192
201610 -0.263 101.988 -0.278
201701 0.902 102.456 0.949
201704 -0.168 103.167 -0.176
201707 -0.130 103.278 -0.136
201710 -0.349 104.070 -0.362
201801 -0.713 104.578 -0.735
201804 -0.236 105.708 -0.241
201807 -0.197 106.324 -0.200
201810 -0.331 106.695 -0.334
201901 0.797 106.200 0.809
201904 -0.231 107.818 -0.231

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


Barnes & Noble  (FRA:BAR) 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.


Be Aware

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


Barnes & Noble E10 Related Terms

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


Barnes & Noble (FRA:BAR) Business Description

Traded in Other Exchanges
N/A
Address
122 Fifth Avenue, New York, NY, USA, 10011
Barnes & Noble is a United States-based company that is mainly engaged in retail of books and products of content, digital media, and educational products. The company operates in a multichannel model, including a physical bookstore network throughout the country, an e-commerce platform on BN.com, and its Nook digital business. The company offers books, magazines, music, DVDs, newspapers, and entertainment content, along with e-reading products under the Nook brand. Retail sales from physical stores and BN.com account for the majority of the company's total revenue.