GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Topgolf Callaway Brands Corp (FRA:CLY) » Definitions » E10

Topgolf Callaway Brands (FRA:CLY) E10 : €0.04 (As of Dec. 2024)


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

What is Topgolf Callaway Brands 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.

Topgolf Callaway Brands's adjusted earnings per share data for the three months ended in Dec. 2024 was €-7.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.04 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Topgolf Callaway Brands's average E10 Growth Rate was -95.10% per year. During the past 3 years, the average E10 Growth Rate was -51.00% 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 Topgolf Callaway Brands was 17.20% per year. The lowest was -53.00% per year. And the median was -4.85% per year.

As of today (2025-03-16), Topgolf Callaway Brands's current stock price is €5.764. Topgolf Callaway Brands's E10 for the quarter that ended in Dec. 2024 was €0.04. Topgolf Callaway Brands's Shiller PE Ratio of today is 144.10.

During the past 13 years, the highest Shiller PE Ratio of Topgolf Callaway Brands was 302.45. The lowest was 9.43. And the median was 32.15.


Topgolf Callaway Brands E10 Historical Data

The historical data trend for Topgolf Callaway Brands'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.

Topgolf Callaway Brands E10 Chart

Topgolf Callaway Brands 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 -0.21 0.30 0.64 0.75 0.04

Topgolf Callaway Brands 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 0.75 0.71 0.74 0.70 0.04

Competitive Comparison of Topgolf Callaway Brands's E10

For the Leisure subindustry, Topgolf Callaway Brands'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.


Topgolf Callaway Brands's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Topgolf Callaway Brands's Shiller PE Ratio distribution charts can be found below:

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



Topgolf Callaway Brands 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, Topgolf Callaway Brands'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)
=-7.86/133.1571*133.1571
=-7.860

Current CPI (Dec. 2024) = 133.1571.

Topgolf Callaway Brands Quarterly Data

per share eps CPI Adj_EPS
201503 0.360 99.621 0.481
201506 0.134 100.684 0.177
201509 -0.036 100.392 -0.048
201512 -0.303 99.792 -0.404
201603 0.359 100.470 0.476
201606 0.320 101.688 0.419
201609 -0.053 101.861 -0.069
201612 1.213 101.863 1.586
201703 0.252 102.862 0.326
201706 0.294 103.349 0.379
201709 0.025 104.136 0.032
201712 -0.169 104.011 -0.216
201803 0.527 105.290 0.666
201806 0.539 106.317 0.675
201809 0.086 106.507 0.108
201812 -0.264 105.998 -0.332
201903 0.443 107.251 0.550
201906 0.266 108.070 0.328
201909 0.291 108.329 0.358
201912 -0.279 108.420 -0.343
202003 0.271 108.902 0.331
202006 -1.581 108.767 -1.936
202009 0.458 109.815 0.555
202012 -0.353 109.897 -0.428
202103 1.840 111.754 2.192
202106 0.390 114.631 0.453
202109 -0.077 115.734 -0.089
202112 -0.124 117.630 -0.140
202203 0.400 121.301 0.439
202206 0.501 125.017 0.534
202209 0.202 125.227 0.215
202212 -0.368 125.222 -0.391
202303 0.121 127.348 0.127
202306 0.545 128.729 0.564
202309 0.150 129.860 0.154
202312 -0.385 129.419 -0.396
202403 0.037 131.776 0.037
202406 0.297 132.554 0.298
202409 -0.018 133.029 -0.018
202412 -7.860 133.157 -7.860

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


Topgolf Callaway Brands  (FRA:CLY) 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.

Topgolf Callaway Brands's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.764/0.04
=144.10

* 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 Topgolf Callaway Brands was 302.45. The lowest was 9.43. And the median was 32.15.


Be Aware

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


Topgolf Callaway Brands E10 Related Terms

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


Topgolf Callaway Brands Business Description

Traded in Other Exchanges
Address
2180 Rutherford Road, Carlsbad, CA, USA, 92008
Topgolf Callaway Brands Corp is a modern golf and active lifestyle company that provides world-class golf entertainment experiences, designs and manufactures premium golf equipment, and sells golf and active lifestyle apparel and other accessories through brands such as, Topgolf, Callaway Golf, Odyssey, TravisMathew, Jack Wolfskin, OGIO and Toptracer. The company's reportable segments are; Topgolf, Golf Equipment and Active Lifestyle. Majority of the revenue is generated from its Topgolf segment which is predominantly comprised of service revenues and expenses from the company operated Topgolf venues, Toptracer ball-flight tracking technology, and WGT digital golf game. Geographically, majority of the revenue for the company is derived from United States.

Topgolf Callaway Brands Headlines

No Headlines