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Rite Aid Corp  (NYSE:RAD) E10: $-0.46 (As of Nov. 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.

Rite Aid Corp's adjusted earnings per share data for the three months ended in Nov. 2017 was $0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.46 for the trailing ten years ended in Nov. 2017.

As of today, Rite Aid Corp's current stock price is $2.23. Rite Aid Corp's E10 for the quarter that ended in Nov. 2017 was $-0.46. Rite Aid Corp's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Rite Aid Corp was 107.40. The lowest was 0.00. And the median was 67.08.


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.

Rite Aid Corp Annual Data

Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.43 -0.42 -0.27 -0.48 -0.49

Rite Aid Corp Quarterly Data

Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17
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 -0.48 -0.49 -0.50 -0.48 -0.46

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, Rite Aid Corp's adjusted earnings per share data for the three months ended in Nov. 2017 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2017 (Change)*Current CPI (Nov. 2017)
=0.08/246.669*246.669
=0.080

Current CPI (Nov. 2017) = 246.669.

Rite Aid Corp Quarterly Data

per share eps CPI Adj_EPS
200802 -1.320 211.693 -1.538
200805 -0.200 216.632 -0.228
200808 -0.270 219.086 -0.304
200811 -0.300 212.425 -0.348
200902 -2.720 212.193 -3.162
200905 -0.110 213.856 -0.127
200908 -0.140 215.834 -0.160
200911 -0.100 216.330 -0.114
201002 -0.240 216.741 -0.273
201005 -0.090 218.178 -0.102
201008 -0.230 218.312 -0.260
201011 -0.090 218.803 -0.101
201102 -0.240 221.309 -0.268
201105 -0.070 225.964 -0.076
201108 -0.110 226.545 -0.120
201111 -0.060 226.230 -0.065
201202 -0.190 227.663 -0.206
201205 -0.030 229.815 -0.032
201208 -0.050 230.379 -0.054
201211 0.070 230.221 0.075
201302 0.130 232.166 0.138
201305 0.090 232.945 0.095
201308 0.030 233.877 0.032
201311 0.040 233.069 0.042
201402 0.050 234.781 0.053
201405 0.040 237.900 0.041
201408 0.130 237.852 0.135
201411 0.100 236.151 0.104
201502 1.810 234.722 1.902
201505 0.020 237.805 0.021
201508 0.020 238.316 0.021
201511 0.060 237.336 0.062
201602 0.060 237.111 0.062
201605 -0.004 240.229 -0.004
201608 0.010 240.849 0.010
201611 0.010 241.353 0.010
201702 -0.016 243.603 -0.016
201705 -0.070 244.733 -0.071
201708 0.160 245.519 0.161
201711 0.080 246.669 0.080

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.

Rite Aid Corp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.23/-0.46
=

* 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 Rite Aid Corp was 107.40. The lowest was 0.00. And the median was 67.08.


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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