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Crocs (MEX:CROX) E10 : MXN88.90 (As of Sep. 2024)


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What is Crocs 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.

Crocs's adjusted earnings per share data for the three months ended in Sep. 2024 was MXN66.159. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN88.90 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Crocs's average E10 Growth Rate was 46.80% per year. During the past 3 years, the average E10 Growth Rate was 86.60% 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 Crocs was 125.90% per year. The lowest was 32.60% per year. And the median was 86.60% per year.

As of today (2024-12-14), Crocs's current stock price is MXN2240.50. Crocs's E10 for the quarter that ended in Sep. 2024 was MXN88.90. Crocs's Shiller PE Ratio of today is 25.20.

During the past 13 years, the highest Shiller PE Ratio of Crocs was 970.00. The lowest was 20.37. And the median was 51.88.


Crocs E10 Historical Data

The historical data trend for Crocs'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.

Crocs E10 Chart

Crocs 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 - - - 46.95 69.98

Crocs Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 55.78 69.98 66.25 83.77 88.90

Competitive Comparison of Crocs's E10

For the Footwear & Accessories subindustry, Crocs'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.


Crocs's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Crocs's Shiller PE Ratio distribution charts can be found below:

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



Crocs 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, Crocs's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=66.159/133.0289*133.0289
=66.159

Current CPI (Sep. 2024) = 133.0289.

Crocs Quarterly Data

per share eps CPI Adj_EPS
201412 -10.325 99.070 -13.864
201503 -1.220 99.621 -1.629
201506 1.726 100.684 2.280
201509 -6.252 100.392 -8.285
201512 -17.367 99.792 -23.151
201603 1.205 100.470 1.595
201606 2.404 101.688 3.145
201609 -1.353 101.861 -1.767
201612 -12.370 101.863 -16.155
201703 1.506 102.862 1.948
201706 3.615 103.349 4.653
201709 -0.544 104.136 -0.695
201712 -8.052 104.011 -10.298
201803 2.725 105.290 3.443
201806 6.877 106.317 8.605
201809 1.309 106.507 1.635
201812 -33.772 105.998 -42.384
201903 6.401 107.251 7.940
201906 10.565 108.070 13.005
201909 10.068 108.329 12.364
201912 5.469 108.420 6.710
202003 3.752 108.902 4.583
202006 19.158 108.767 23.431
202009 20.103 109.815 24.353
202012 53.509 109.897 64.772
202103 30.048 111.754 35.768
202106 98.137 114.631 113.887
202109 49.760 115.734 57.196
202112 52.721 117.630 59.623
202203 23.694 121.301 25.985
202206 51.904 125.017 55.230
202209 54.713 125.227 58.122
202212 42.891 125.222 45.565
202303 43.080 127.348 45.002
202306 58.118 128.729 60.059
202309 49.992 129.860 51.212
202312 70.613 129.419 72.582
202403 41.491 131.776 41.885
202406 69.067 132.554 69.315
202409 66.159 133.029 66.159

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


Crocs  (MEX:CROX) 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.

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

Shiller PE Ratio=Share Price/E10
=2240.50/88.9
=25.20

* 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 Crocs was 970.00. The lowest was 20.37. And the median was 51.88.


Be Aware

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


Crocs E10 Related Terms

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


Crocs Business Description

Traded in Other Exchanges
Address
500 Eldorado Boulevard, Building 5, Broomfield, CO, USA, 80021
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include the Americas, Asia Pacific, and EMEA.