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Royal Unibrew AS (MEX:RBREW) E10 : MXN53.16 (As of Mar. 2025)


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What is Royal Unibrew AS 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.

Royal Unibrew AS's adjusted earnings per share data for the three months ended in Mar. 2025 was MXN7.413. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN53.16 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Royal Unibrew AS's average E10 Growth Rate was 8.00% per year. During the past 3 years, the average E10 Growth Rate was 12.00% per year. During the past 5 years, the average E10 Growth Rate was 14.00% 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 Royal Unibrew AS was 17.70% per year. The lowest was 12.00% per year. And the median was 15.45% per year.

As of today (2025-07-23), Royal Unibrew AS's current stock price is MXN1196.48. Royal Unibrew AS's E10 for the quarter that ended in Mar. 2025 was MXN53.16. Royal Unibrew AS's Shiller PE Ratio of today is 22.51.

During the past 13 years, the highest Shiller PE Ratio of Royal Unibrew AS was 56.34. The lowest was 19.23. And the median was 37.82.


Royal Unibrew AS E10 Historical Data

The historical data trend for Royal Unibrew AS'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.

Royal Unibrew AS E10 Chart

Royal Unibrew AS 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 48.81 52.87 58.77 58.72 57.16

Royal Unibrew AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 59.31 49.92 50.73 57.16 53.16

Competitive Comparison of Royal Unibrew AS's E10

For the Beverages - Brewers subindustry, Royal Unibrew AS'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.


Royal Unibrew AS's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Royal Unibrew AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Royal Unibrew AS's Shiller PE Ratio falls into.


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Royal Unibrew AS 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, Royal Unibrew AS's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.413/120.2000*120.2000
=7.413

Current CPI (Mar. 2025) = 120.2000.

Royal Unibrew AS Quarterly Data

per share eps CPI Adj_EPS
201506 9.679 100.300 11.599
201509 12.461 100.200 14.948
201512 5.722 99.800 6.892
201603 4.626 100.200 5.549
201606 13.966 100.600 16.687
201609 12.232 100.200 14.674
201612 7.893 100.300 9.459
201703 5.685 101.200 6.752
201706 14.744 101.200 17.512
201709 15.401 101.800 18.185
201712 9.994 101.300 11.859
201803 8.422 101.700 9.954
201806 21.872 102.300 25.699
201809 20.186 102.400 23.695
201812 11.078 102.100 13.042
201903 9.103 102.900 10.633
201906 22.659 102.900 26.469
201909 22.717 102.900 26.536
201912 11.782 102.900 13.763
202003 10.399 103.300 12.100
202006 24.750 103.200 28.827
202009 32.938 103.500 38.253
202012 14.964 103.400 17.395
202103 12.104 104.300 13.949
202106 27.734 105.000 31.749
202109 31.881 105.800 36.220
202112 14.027 106.600 15.817
202203 9.566 109.900 10.463
202206 44.576 113.600 47.166
202209 20.605 116.400 21.278
202212 10.271 115.900 10.652
202303 5.185 117.300 5.313
202306 19.459 116.400 20.094
202309 18.197 117.400 18.631
202312 11.921 116.700 12.279
202403 4.839 118.400 4.913
202406 24.308 118.500 24.657
202409 39.275 118.900 39.704
202412 13.763 118.900 13.913
202503 7.413 120.200 7.413

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


Royal Unibrew AS  (MEX:RBREW) 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.

Royal Unibrew AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1196.48/53.16
=22.51

* 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 Royal Unibrew AS was 56.34. The lowest was 19.23. And the median was 37.82.


Be Aware

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


Royal Unibrew AS E10 Related Terms

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


Royal Unibrew AS Business Description

Address
Faxe Alle 1, Faxe, DNK, DK-4640
Royal Unibrew AS produces and sells alcoholic and nonalcoholic beverages including beer, malt beverages, cider, soft drinks, juice, and water. The company's operating segments are Northern Europe, Western Europe, and International. The vast majority of the company's revenue comes from its Northern Europe segment, which includes Denmark, Germany, Norway, Finland, Latvia, Sweden, Lithuania, and Estonia.

Royal Unibrew AS Headlines

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