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Anheuser-Busch InBev/NV (MEX:ANB) E10 : MXN69.37 (As of Dec. 2024)


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What is Anheuser-Busch InBev/NV 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.

Anheuser-Busch InBev/NV's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN12.722. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN69.37 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Anheuser-Busch InBev/NV's average E10 Growth Rate was -12.10% per year. During the past 3 years, the average E10 Growth Rate was -8.30% per year. During the past 5 years, the average E10 Growth Rate was -5.10% 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 Anheuser-Busch InBev/NV was -0.20% per year. The lowest was -8.30% per year. And the median was -5.70% per year.

As of today (2025-03-19), Anheuser-Busch InBev/NV's current stock price is MXN1261.00. Anheuser-Busch InBev/NV's E10 for the quarter that ended in Dec. 2024 was MXN69.37. Anheuser-Busch InBev/NV's Shiller PE Ratio of today is 18.18.

During the past 13 years, the highest Shiller PE Ratio of Anheuser-Busch InBev/NV was 29.18. The lowest was 9.98. And the median was 16.76.


Anheuser-Busch InBev/NV E10 Historical Data

The historical data trend for Anheuser-Busch InBev/NV'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.

Anheuser-Busch InBev/NV E10 Chart

Anheuser-Busch InBev/NV 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 86.83 89.20 88.05 54.47 69.37

Anheuser-Busch InBev/NV 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 54.47 62.82 69.01 64.91 69.37

Competitive Comparison of Anheuser-Busch InBev/NV's E10

For the Beverages - Brewers subindustry, Anheuser-Busch InBev/NV'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.


Anheuser-Busch InBev/NV's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anheuser-Busch InBev/NV's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Anheuser-Busch InBev/NV's Shiller PE Ratio falls into.



Anheuser-Busch InBev/NV 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, Anheuser-Busch InBev/NV'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)
=12.722/132.3456*132.3456
=12.722

Current CPI (Dec. 2024) = 132.3456.

Anheuser-Busch InBev/NV Quarterly Data

per share eps CPI Adj_EPS
201503 24.849 99.423 33.078
201506 18.514 100.107 24.476
201509 14.194 100.245 18.739
201512 24.073 100.572 31.678
201603 1.153 101.653 1.501
201606 1.664 102.267 2.153
201609 6.574 102.118 8.520
201612 4.253 102.614 5.485
201703 13.369 103.972 17.017
201706 13.919 103.902 17.729
201709 18.874 104.170 23.979
201712 30.048 104.804 37.944
201803 9.447 105.419 11.860
201806 19.257 106.063 24.029
201809 9.165 106.618 11.377
201812 4.586 107.252 5.659
201903 35.395 107.876 43.424
201906 24.011 107.896 29.452
201909 29.810 107.470 36.710
201912 1.088 108.065 1.332
202003 -26.926 108.550 -32.828
202006 4.098 108.540 4.997
202009 11.487 108.441 14.019
202012 22.478 108.511 27.415
202103 6.132 109.522 7.410
202106 18.513 110.305 22.212
202109 2.467 111.543 2.927
202112 20.104 114.705 23.196
202203 0.996 118.620 1.111
202206 15.893 120.948 17.391
202209 14.282 124.120 15.229
202212 27.489 126.578 28.742
202303 14.600 126.528 15.271
202306 2.914 125.973 3.061
202309 12.716 127.083 13.243
202312 15.956 128.292 16.460
202403 8.962 130.552 9.085
202406 13.374 130.691 13.543
202409 20.281 130.968 20.494
202412 12.722 132.346 12.722

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


Anheuser-Busch InBev/NV  (MEX:ANB) 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.

Anheuser-Busch InBev/NV's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1261.00/69.37
=18.18

* 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 Anheuser-Busch InBev/NV was 29.18. The lowest was 9.98. And the median was 16.76.


Be Aware

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


Anheuser-Busch InBev/NV E10 Related Terms

Thank you for viewing the detailed overview of Anheuser-Busch InBev/NV's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Anheuser-Busch InBev/NV Business Description

Address
Brouwerijplein 1, Leuven, BEL, 3000
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.

Anheuser-Busch InBev/NV Headlines

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