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GWW (W.W. Grainger) E10 : $23.30 (As of Mar. 2025)


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What is W.W. Grainger 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.

W.W. Grainger's adjusted earnings per share data for the three months ended in Mar. 2025 was $9.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $23.30 for the trailing ten years ended in Mar. 2025.

During the past 12 months, W.W. Grainger's average E10 Growth Rate was 14.10% per year. During the past 3 years, the average E10 Growth Rate was 16.80% per year. During the past 5 years, the average E10 Growth Rate was 14.80% per year. During the past 10 years, the average E10 Growth Rate was 11.00% 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 W.W. Grainger was 16.80% per year. The lowest was 4.70% per year. And the median was 9.60% per year.

As of today (2025-07-13), W.W. Grainger's current stock price is $1059.49. W.W. Grainger's E10 for the quarter that ended in Mar. 2025 was $23.30. W.W. Grainger's Shiller PE Ratio of today is 45.47.

During the past 13 years, the highest Shiller PE Ratio of W.W. Grainger was 55.53. The lowest was 17.00. And the median was 30.16.


W.W. Grainger E10 Historical Data

The historical data trend for W.W. Grainger'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.

W.W. Grainger E10 Chart

W.W. Grainger 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 12.29 14.06 16.77 19.51 22.43

W.W. Grainger 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 20.42 21.10 21.73 22.43 23.30

Competitive Comparison of W.W. Grainger's E10

For the Industrial Distribution subindustry, W.W. Grainger'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.


W.W. Grainger's Shiller PE Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, W.W. Grainger's Shiller PE Ratio distribution charts can be found below:

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


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W.W. Grainger 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, W.W. Grainger'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)
=9.86/134.9266*134.9266
=9.860

Current CPI (Mar. 2025) = 134.9266.

W.W. Grainger Quarterly Data

per share eps CPI Adj_EPS
201506 3.250 100.684 4.355
201509 2.920 100.392 3.924
201512 2.300 99.792 3.110
201603 2.980 100.470 4.002
201606 2.790 101.688 3.702
201609 3.050 101.861 4.040
201612 1.010 101.863 1.338
201703 2.930 102.862 3.843
201706 1.670 103.349 2.180
201709 2.790 104.136 3.615
201712 2.630 104.011 3.412
201803 4.070 105.290 5.216
201806 4.160 106.317 5.279
201809 1.820 106.507 2.306
201812 3.680 105.998 4.684
201903 4.480 107.251 5.636
201906 4.670 108.070 5.831
201909 4.250 108.329 5.293
201912 1.880 108.420 2.340
202003 3.190 108.902 3.952
202006 2.100 108.767 2.605
202009 4.410 109.815 5.418
202012 3.120 109.897 3.831
202103 4.480 111.754 5.409
202106 4.270 114.631 5.026
202109 5.650 115.734 6.587
202112 5.440 117.630 6.240
202203 7.070 121.301 7.864
202206 7.190 125.017 7.760
202209 8.270 125.227 8.911
202212 7.540 125.222 8.124
202303 9.610 127.348 10.182
202306 9.280 128.729 9.727
202309 9.430 129.860 9.798
202312 7.890 129.419 8.226
202403 9.620 131.776 9.850
202406 9.510 132.554 9.680
202409 9.870 133.029 10.011
202412 9.710 133.157 9.839
202503 9.860 134.927 9.860

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


W.W. Grainger  (NYSE:GWW) 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.

W.W. Grainger's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1059.49/23.30
=45.47

* 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 W.W. Grainger was 55.53. The lowest was 17.00. And the median was 30.16.


Be Aware

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


W.W. Grainger E10 Related Terms

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


W.W. Grainger Business Description

Address
100 Grainger Parkway, Lake Forest, IL, USA, 60045-5201
Founded in 1927, W.W. Grainger originally distributed various motors via a mail-order catalogue. Over the course of the 20th century, the firm expanded into new industrial product categories and launched its first digital catalogue in 1995. Today, the company organizes itself into two segments focused on different customer bases. Its larger segment, high-touch solutions, offers a vast array of maintenance, repair, and operations, or MRO, supplies and bespoke inventory management services to larger businesses. Its smaller segment, endless assortment, operates two online platforms, Zoro and MonotaRO, that offer comprehensive catalogues of MRO supplies to smaller businesses. Grainger has operations throughout the world but primarily generates sales within the US.
Executives
Berardinelli Krantz Nancy L officer: Sr. VP & CLO 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Laurie R Thomson officer: VP, Controller 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Deidra C Merriwether officer: Sr. VP (See Remarks) 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Paige K Robbins officer: Sr. VP (see Remarks) 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Donald G Macpherson director, officer: Chairman and CEO 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Matt Fortin officer: SVP & Chief HR Officer 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
George S Davis director 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Stuart L Levenick director 100 NE ADAMS STREET, PEORIA IL 61629
Neil S Novich director RYERSON LTULL INC, 2621 W 15TH PLACE, CHICAGO IL 60603
Katherine D. Jaspon director 130 ROYALL STREET, C/O DUNKIN' BRANDS, INC., CANTON MA 02021
Rodney C Adkins director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Susan Slavik Williams director 4450 MACARTHUR BLVD., SECOND FLOOR, NEWPORT BEACH CA 92660
Lucas E Watson director 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Ernest Scott Santi director ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Beatriz R Perez director ONE COCA-COLA PLAZA, ATLANTA GA 30313