GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Procter & Gamble Co (MEX:PG) » Definitions » E10

Procter & Gamble Co (MEX:PG) E10 : MXN113.05 (As of Dec. 2024)


View and export this data going back to 1950. Start your Free Trial

What is Procter & Gamble Co 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.

Procter & Gamble Co's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN39.209. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN113.05 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Procter & Gamble Co's average E10 Growth Rate was 6.40% per year. During the past 3 years, the average E10 Growth Rate was 7.10% per year. During the past 5 years, the average E10 Growth Rate was 6.60% per year. During the past 10 years, the average E10 Growth Rate was 2.90% 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 Procter & Gamble Co was 16.00% per year. The lowest was -1.60% per year. And the median was 9.00% per year.

As of today (2025-03-02), Procter & Gamble Co's current stock price is MXN3508.00. Procter & Gamble Co's E10 for the quarter that ended in Dec. 2024 was MXN113.05. Procter & Gamble Co's Shiller PE Ratio of today is 31.03.

During the past 13 years, the highest Shiller PE Ratio of Procter & Gamble Co was 36.39. The lowest was 16.96. And the median was 28.79.


Procter & Gamble Co E10 Historical Data

The historical data trend for Procter & Gamble Co'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.

Procter & Gamble Co E10 Chart

Procter & Gamble Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.85 85.50 97.48 85.57 97.10

Procter & Gamble Co 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 87.09 86.88 97.10 106.29 113.05

Competitive Comparison of Procter & Gamble Co's E10

For the Household & Personal Products subindustry, Procter & Gamble Co'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.


Procter & Gamble Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Procter & Gamble Co's Shiller PE Ratio falls into.



Procter & Gamble Co 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, Procter & Gamble Co'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)
=39.209/133.1571*133.1571
=39.209

Current CPI (Dec. 2024) = 133.1571.

Procter & Gamble Co Quarterly Data

per share eps CPI Adj_EPS
201503 11.434 99.621 15.283
201506 2.667 100.684 3.527
201509 15.377 100.392 20.396
201512 19.258 99.792 25.697
201603 16.698 100.470 22.130
201606 12.761 101.688 16.710
201609 18.562 101.861 24.265
201612 59.377 101.863 77.619
201703 17.511 102.862 22.668
201706 14.822 103.349 19.097
201709 19.237 104.136 24.598
201712 18.265 104.011 23.383
201803 17.259 105.290 21.827
201806 14.148 106.317 17.720
201809 22.820 106.507 28.530
201812 23.955 105.998 30.093
201903 20.174 107.251 25.047
201906 -40.723 108.070 -50.177
201909 26.849 108.329 33.002
201912 26.593 108.420 32.660
202003 26.262 108.902 32.111
202006 24.698 108.767 30.236
202009 36.008 109.815 43.662
202012 29.241 109.897 35.430
202103 25.756 111.754 30.689
202106 22.494 114.631 26.129
202109 33.105 115.734 38.089
202112 34.053 117.630 38.548
202203 26.482 121.301 29.070
202206 24.343 125.017 25.928
202209 31.581 125.227 33.581
202212 30.999 125.222 32.963
202303 24.694 127.348 25.820
202306 23.487 128.729 24.295
202309 31.877 129.860 32.686
202312 23.764 129.419 24.450
202403 25.226 131.776 25.490
202406 23.267 132.554 23.373
202409 31.701 133.029 31.732
202412 39.209 133.157 39.209

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


Procter & Gamble Co  (MEX:PG) 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.

Procter & Gamble Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3508.00/113.05
=31.03

* 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 Procter & Gamble Co was 36.39. The lowest was 16.96. And the median was 28.79.


Be Aware

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


Procter & Gamble Co E10 Related Terms

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


Procter & Gamble Co Business Description

Address
One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, with annual sales approaching $85 billion. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. Sales outside its home turf represent more than half of the firm's consolidated total.