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Pilgrims Pride Corp  (NAS:PPC) E10: $-0.80 (As of Jun. 2017)

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.

Pilgrims Pride Corp's adjusted earnings per share data for the three months ended in Jun. 2017 was $0.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.80 for the trailing ten years ended in Jun. 2017.

As of today, Pilgrims Pride Corp's current stock price is $31.04. Pilgrims Pride Corp's E10 for the quarter that ended in Jun. 2017 was $-0.80. Pilgrims Pride Corp's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Pilgrims Pride Corp was 1349.00. The lowest was 0.00. And the median was 19.65.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Pilgrims Pride Corp Annual Data

Sep07 Sep08 Sep09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.91 -0.90 -0.95 -1.15 -0.88

Pilgrims Pride Corp Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -0.97 -0.92 -0.88 -0.78 -0.80

Competitive Comparison
* 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.


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.

For example, Pilgrims Pride Corp's adjusted earnings per share data for the three months ended in Jun. 2017 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=0.94/244.955*244.955
=0.940

Current CPI (Jun. 2017) = 244.955.

Pilgrims Pride Corp Quarterly Data

per share eps CPI Adj_EPS
200709 0.500 208.490 0.587
200712 -0.490 210.036 -0.571
200803 -1.670 213.528 -1.916
200806 -0.750 218.815 -0.840
200809 -11.500 218.783 -12.876
200812 -3.090 210.228 -3.600
200903 -0.790 212.709 -0.910
200906 0.720 215.693 0.818
200909 1.110 215.969 1.259
200912 0.440 215.949 0.499
201003 -0.210 217.631 -0.236
201006 0.150 217.965 0.169
201009 0.270 218.439 0.303
201012 0.180 219.179 0.201
201103 -0.540 223.467 -0.592
201106 -0.570 225.722 -0.619
201109 -0.720 226.889 -0.777
201112 -0.380 225.672 -0.412
201203 0.180 229.392 0.192
201206 0.270 229.478 0.288
201209 0.170 231.407 0.180
201212 0.090 229.601 0.096
201303 0.210 232.773 0.221
201306 0.740 233.504 0.776
201309 0.620 234.149 0.649
201312 0.550 233.049 0.578
201403 0.380 236.293 0.394
201406 0.730 238.343 0.750
201409 0.990 238.031 1.019
201412 0.640 234.812 0.668
201503 0.790 236.119 0.820
201506 0.930 238.638 0.955
201509 0.530 237.945 0.546
201512 0.250 236.525 0.259
201603 0.460 238.132 0.473
201606 0.600 241.018 0.610
201609 0.390 241.428 0.396
201612 0.280 241.432 0.284
201703 0.380 243.801 0.382
201706 0.940 244.955 0.940

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

Pilgrims Pride Corp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=31.04/-0.80
=

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

During the past 13 years, the highest Shiller P/E Ratio of Pilgrims Pride Corp was 1349.00. The lowest was 0.00. And the median was 19.65.


Be Aware

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


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