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Publix Super Markets (Publix Super Markets) E10 : $2.68 (As of Sep. 2019)


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What is Publix Super Markets 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.

Publix Super Markets's adjusted earnings per share data for the three months ended in Sep. 2019 was $0.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.68 for the trailing ten years ended in Sep. 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 (2024-05-13), Publix Super Markets's current stock price is $20.00. Publix Super Markets's E10 for the quarter that ended in Sep. 2019 was $2.68. Publix Super Markets's Shiller PE Ratio of today is 7.46.


Publix Super Markets E10 Historical Data

The historical data trend for Publix Super Markets'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.

Publix Super Markets E10 Chart

Publix Super Markets Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.90 2.06 2.24 2.44

Publix Super Markets Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 2.44 2.44 2.57 2.63 2.68

Competitive Comparison of Publix Super Markets's E10

For the Grocery Stores subindustry, Publix Super Markets'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.


Publix Super Markets's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Publix Super Markets's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Publix Super Markets's Shiller PE Ratio falls into.



Publix Super Markets 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, Publix Super Markets's adjusted earnings per share data for the three months ended in Sep. 2019 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.81/108.3294*108.3294
=0.810

Current CPI (Sep. 2019) = 108.3294.

Publix Super Markets Quarterly Data

per share eps CPI Adj_EPS
200912 0.360 91.111 0.428
201003 0.470 91.821 0.555
201006 0.440 91.962 0.518
201009 0.360 92.162 0.423
201012 0.430 92.474 0.504
201103 0.510 94.283 0.586
201106 0.480 95.235 0.546
201109 0.400 95.727 0.453
201112 0.510 95.213 0.580
201203 0.520 96.783 0.582
201206 0.490 96.819 0.548
201209 0.470 97.633 0.521
201212 0.500 96.871 0.559
201303 0.610 98.209 0.673
201306 0.510 98.518 0.561
201309 0.460 98.790 0.504
201312 0.540 98.326 0.595
201403 0.630 99.695 0.685
201406 0.520 100.560 0.560
201409 0.490 100.428 0.529
201412 0.590 99.070 0.645
201503 0.710 99.621 0.772
201506 0.620 100.684 0.667
201509 0.530 100.392 0.572
201512 0.680 99.792 0.738
201603 0.750 100.470 0.809
201606 0.620 101.688 0.660
201609 0.550 101.861 0.585
201612 0.710 101.863 0.755
201703 0.730 102.862 0.769
201706 0.650 103.349 0.681
201709 0.630 104.136 0.655
201712 1.030 104.011 1.073
201803 0.930 105.290 0.957
201806 0.840 106.317 0.856
201809 0.940 106.507 0.956
201812 0.569 105.998 0.582
201903 1.370 107.251 1.384
201906 0.920 108.070 0.922
201909 0.810 108.329 0.810

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


Publix Super Markets  (GREY:PUSH) 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.

Publix Super Markets's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.00/2.68
=7.46

* 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.


Be Aware

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


Publix Super Markets E10 Related Terms

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


Publix Super Markets (Publix Super Markets) Business Description

Traded in Other Exchanges
N/A
Address
3300 Publix Corporate Parkway, Lakeland, FL, USA, 33811
Publix Super Markets Inc is an operator of retail food supermarkets in various states of United States. The company's products include grocery including dairy, deli, bakery, meat and seafood, health and beauty care, general merchandise, pharmacy, floral and other products and services. It operates more than 1110 supermarkets located in Florida, Georgia, Alabama, South Carolina, Tennessee and North Carolina. Its goods include a mixed of private label and local brands and unbranded merchandise such as produce, meat, and seafood.

Publix Super Markets (Publix Super Markets) Headlines

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