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Bunge Global (HAM:Q23) E10 : €5.73 (As of Mar. 2024)


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What is Bunge Global 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.

Bunge Global's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.546. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bunge Global's average E10 Growth Rate was 26.10% per year. During the past 3 years, the average E10 Growth Rate was 34.40% per year. During the past 5 years, the average E10 Growth Rate was 7.80% per year. During the past 10 years, the average E10 Growth Rate was -3.30% 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 Bunge Global was 34.40% per year. The lowest was -21.20% per year. And the median was -2.40% per year.

As of today (2024-05-04), Bunge Global's current stock price is €94.54. Bunge Global's E10 for the quarter that ended in Mar. 2024 was €5.73. Bunge Global's Shiller PE Ratio of today is 16.50.

During the past 13 years, the highest Shiller PE Ratio of Bunge Global was 35.20. The lowest was 8.92. And the median was 14.83.


Bunge Global E10 Historical Data

The historical data trend for Bunge Global'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.

Bunge Global E10 Chart

Bunge Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 1.96 2.89 4.31 5.46

Bunge Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.49 4.77 5.53 5.46 5.73

Competitive Comparison of Bunge Global's E10

For the Farm Products subindustry, Bunge Global'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.


Bunge Global's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bunge Global's Shiller PE Ratio distribution charts can be found below:

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



Bunge Global 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, Bunge Global's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.546/129.4194*129.4194
=1.546

Current CPI (Mar. 2024) = 129.4194.

Bunge Global Quarterly Data

per share eps CPI Adj_EPS
201406 1.332 100.560 1.714
201409 1.474 100.428 1.900
201412 0.454 99.070 0.593
201503 1.543 99.621 2.005
201506 0.445 100.684 0.572
201509 1.390 100.392 1.792
201512 1.193 99.792 1.547
201603 1.383 100.470 1.781
201606 0.694 101.688 0.883
201609 0.740 101.861 0.940
201612 1.725 101.863 2.192
201703 0.252 102.862 0.317
201706 0.454 103.349 0.569
201709 0.495 104.136 0.615
201712 -0.415 104.011 -0.516
201803 -0.170 105.290 -0.209
201806 -0.128 106.317 -0.156
201809 2.091 106.507 2.541
201812 -0.461 105.998 -0.563
201903 0.230 107.251 0.278
201906 1.266 108.070 1.516
201909 -9.598 108.329 -11.467
201912 -0.432 108.420 -0.516
202003 -1.321 108.902 -1.570
202006 3.081 108.767 3.666
202009 1.562 109.815 1.841
202012 3.074 109.897 3.620
202103 4.637 111.754 5.370
202106 1.967 114.631 2.221
202109 3.638 115.734 4.068
202112 1.345 117.630 1.480
202203 4.068 121.301 4.340
202206 1.268 125.017 1.313
202209 2.515 125.227 2.599
202212 2.086 125.222 2.156
202303 3.876 127.348 3.939
202306 3.775 128.729 3.795
202309 2.314 129.860 2.306
202312 3.815 129.419 3.815
202403 1.546 129.419 1.546

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


Bunge Global  (HAM:Q23) 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.

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

Shiller PE Ratio=Share Price/E10
=94.54/5.73
=16.50

* 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 Bunge Global was 35.20. The lowest was 8.92. And the median was 14.83.


Be Aware

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


Bunge Global E10 Related Terms

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


Bunge Global (HAM:Q23) Business Description

Traded in Other Exchanges
Address
1391 Timberlake Manor Parkway, Chesterfield, MO, USA, 63017
Bunge Global SA formerly Bunge Ltd is a global agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.

Bunge Global (HAM:Q23) Headlines

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