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Chipotle Mexican Grill E10

: $13.78 (As of Jun. 2022)
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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.

Chipotle Mexican Grill's adjusted earnings per share data for the three months ended in Jun. 2022 was $9.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $13.78 for the trailing ten years ended in Jun. 2022.

As of today (2022-08-08), Chipotle Mexican Grill's current stock price is $1619.81. Chipotle Mexican Grill's E10 for the quarter that ended in Jun. 2022 was $13.78. Chipotle Mexican Grill's Shiller PE Ratio of today is 117.55.

During the past 13 years, the highest Shiller PE Ratio of Chipotle Mexican Grill was 170.73. The lowest was 32.42. And the median was 89.00.


Chipotle Mexican Grill E10 Historical Data

The historical data trend for Chipotle Mexican Grill'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.

Chipotle Mexican Grill Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.88 8.39 9.35 10.06 12.27

Chipotle Mexican Grill Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
E10 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 Premium Member Only Premium Member Only Premium Member Only 11.24 11.83 12.27 12.97 13.78

Competitive Comparison

For the Restaurants subindustry, Chipotle Mexican Grill's E10, along with its competitors' market caps and E10 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.

   

Chipotle Mexican Grill E10 Distribution

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's E10 distribution charts can be found below:

* The bar in red indicates where Chipotle Mexican Grill's E10 falls into.



Chipotle Mexican Grill 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, Chipotle Mexican Grill's adjusted earnings per share data for the three months ended in Jun. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=9.25/123.3228*123.3228
=9.250

Current CPI (Jun. 2022) = 123.3228.

Chipotle Mexican Grill Quarterly Data

per share eps CPI Adj_EPS
201209 2.270 97.633 2.867
201212 1.950 96.871 2.482
201303 2.450 98.209 3.076
201306 2.820 98.518 3.530
201309 2.660 98.790 3.321
201312 2.530 98.326 3.173
201403 2.640 99.695 3.266
201406 3.500 100.560 4.292
201409 4.150 100.428 5.096
201412 3.840 99.070 4.780
201503 3.880 99.621 4.803
201506 4.450 100.684 5.451
201509 4.590 100.392 5.638
201512 2.170 99.792 2.682
201603 -0.880 100.470 -1.080
201606 0.870 101.688 1.055
201609 0.270 101.861 0.327
201612 0.550 101.863 0.666
201703 1.600 102.862 1.918
201706 2.320 103.349 2.768
201709 0.690 104.136 0.817
201712 1.550 104.011 1.838
201803 2.130 105.290 2.495
201806 1.680 106.317 1.949
201809 1.360 106.507 1.575
201812 1.150 105.998 1.338
201903 3.130 107.251 3.599
201906 3.220 108.070 3.674
201909 3.470 108.329 3.950
201912 2.550 108.420 2.901
202003 2.700 108.902 3.058
202006 0.290 108.767 0.329
202009 2.820 109.815 3.167
202012 6.690 109.897 7.507
202103 4.450 111.754 4.911
202106 6.600 114.631 7.100
202109 7.180 115.734 7.651
202112 4.680 117.630 4.907
202203 5.590 121.301 5.683
202206 9.250 123.323 9.250

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


Chipotle Mexican Grill  (NYSE:CMG) 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.

Chipotle Mexican Grill's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1619.81/13.78
=117.55

* 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 Chipotle Mexican Grill was 170.73. The lowest was 32.42. And the median was 89.00.


Be Aware

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


Chipotle Mexican Grill E10 Related Terms

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


Chipotle Mexican Grill Business Description

Chipotle Mexican Grill logo
Address
610 Newport Center Drive, Suite 1400, Newport Beach, CA, USA, 92660
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $7.5 billion over the last twelve months. The Mexican concept is entirely company-owned, with a footprint of nearly 3,000 stores at the end of 2021 heavily indexed to the United States, though the firm maintains a small presence in Canada, the U.K., France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.
Executives
Maw Scott Harlan director 1411 E. MISSION AVENUE SPOKANE WA 99202
Namvar Ali director C/O PERSHING SQUARE CAPITAL MANAGEMENT 888 SEVENTH AVENUE, 42ND FLOOR NEW YORK NY 10019
Filikrushel Patricia director DOLLAR GENERAL CORPORATION 100 MISSION RIDGE GOODLETTSVILLE TN 37072
Hickenlooper Robin S director 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Engles Gregg L director 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Winston Mary A director 557 BROADWAY C/O SCHOLASTIC CORP NEW YORK NY 10012
Carey Matt director 11216 WAPLES MILL ROAD SUITE 100 FAIRFAX VA 22030
Gutierrez Mauricio director 211 CARNEGIE CENTER PRINCETON NJ 08540
Flanzraich Neil director 4400 BISCAYNE BLVD MIAMI FL 33137
Niccol Brian R director, officer: Chairman, CEO 1 GLEN BELL WAY IRVINE CA 92618
Brandt Christopher W officer: Chief Marketing Officer 2202 NORTH WESTSHORE BLVD TAMPA FL 33607
Schalow Laurie officer: Chief Corp Affairs, Food Sft 610 NEWPORT CENTER DRIVE SUITE 1300 NEWPORT BEACH CA 92660
Andrada Marissa officer: Chief D&I and People Officer C/O KATE SPADE & COMPANY 2 PARK AVENUE NEW YORK NY 10016
Garner Curtis E officer: Chief Technology Officer C/O AEROHIVE NETWORKS, INC. 330 GIBRALTAR DRIVE SUNNYVALE CA 94089
Boatwright Scott officer: Chief Restaurant Officer 1401 WYNKOOP STREET SUITE 500 DENVER CO 80202

Chipotle Mexican Grill Headlines

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