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RSTRF (Restaurant Brands International LP) E10 : $2.24 (As of Sep. 2024)


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What is Restaurant Brands International LP 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.

Restaurant Brands International LP's adjusted earnings per share data for the three months ended in Sep. 2024 was $1.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.24 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Restaurant Brands International LP's average E10 Growth Rate was 21.70% 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.

As of today (2024-12-13), Restaurant Brands International LP's current stock price is $70.40. Restaurant Brands International LP's E10 for the quarter that ended in Sep. 2024 was $2.24. Restaurant Brands International LP's Shiller PE Ratio of today is 31.43.

During the past 11 years, the highest Shiller PE Ratio of Restaurant Brands International LP was 40.04. The lowest was 30.11. And the median was 33.77.


Restaurant Brands International LP E10 Historical Data

The historical data trend for Restaurant Brands International LP'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.

Restaurant Brands International LP E10 Chart

Restaurant Brands International LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.04

Restaurant Brands International LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.94 2.04 2.09 2.06 2.24

Competitive Comparison of Restaurant Brands International LP's E10

For the Restaurants subindustry, Restaurant Brands International LP'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.


Restaurant Brands International LP's Shiller PE Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Restaurant Brands International LP's Shiller PE Ratio falls into.



Restaurant Brands International LP 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, Restaurant Brands International LP's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.24/127.2847*127.2847
=1.240

Current CPI (Sep. 2024) = 127.2847.

Restaurant Brands International LP Quarterly Data

per share eps CPI Adj_EPS
201412 -2.015 98.367 -2.607
201503 -0.040 99.789 -0.051
201506 0.050 100.500 0.063
201509 0.250 100.421 0.317
201512 0.249 99.947 0.317
201603 0.220 101.054 0.277
201606 0.390 102.002 0.487
201609 0.370 101.765 0.463
201612 0.510 101.449 0.640
201703 0.210 102.634 0.260
201706 0.380 103.029 0.469
201709 0.390 103.345 0.480
201712 1.610 103.345 1.983
201803 0.600 105.004 0.727
201806 0.670 105.557 0.808
201809 0.530 105.636 0.639
201812 0.398 105.399 0.481
201903 0.530 106.979 0.631
201906 0.550 107.690 0.650
201909 0.760 107.611 0.899
201912 0.550 107.769 0.650
202003 0.480 107.927 0.566
202006 0.350 108.401 0.411
202009 0.480 108.164 0.565
202012 0.310 108.559 0.363
202103 0.590 110.298 0.681
202106 0.840 111.720 0.957
202109 0.710 112.905 0.800
202112 0.570 113.774 0.638
202203 0.590 117.646 0.638
202206 0.770 120.806 0.811
202209 1.780 120.648 1.878
202212 -0.580 120.964 -0.610
202303 0.610 122.702 0.633
202306 0.770 124.203 0.789
202309 1.250 125.230 1.271
202312 1.600 125.072 1.628
202403 0.730 126.258 0.736
202406 0.890 127.522 0.888
202409 1.240 127.285 1.240

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


Restaurant Brands International LP  (OTCPK:RSTRF) 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.

Restaurant Brands International LP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=70.40/2.24
=31.43

* 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 11 years, the highest Shiller P/E Ratio of Restaurant Brands International LP was 40.04. The lowest was 30.11. And the median was 33.77.


Be Aware

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


Restaurant Brands International LP E10 Related Terms

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


Restaurant Brands International LP Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 300, P.O. Box 339, Toronto, ON, CAN, M5X 1E1
Restaurant Brands International LP is a Canada-based firm. It owns, operates and franchises quick-service restaurants and possesses market recognition. The company has five segments TH, BK, PLK, FHS and INTL. It derives maximum profit from TH segment.
Executives
3g Capital Partners Ltd. 10 percent owner 600 THIRD AVENUE, NEW YORK NY 10016
3g Capital Partners Ii, L.p. 10 percent owner 600 THIRD AVENUE, NEW YORK NY 10016
3g Restaurant Brands Holdings General Partner Ltd. 10 percent owner C/O 3G CAPITAL INC., 600 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10016
3g Restaurant Brands Holdings Lp 10 percent owner C/O 3G CAPITAL INC., 600 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10016
3g Special Situations Fund Ii, L.p. 10 percent owner C/O 3G CAPITAL, INC., 600 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10016
3g Special Situations Partners, Ltd. 10 percent owner C/O 3G CAPITAL, INC., 600 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10016
Daniel S Schwartz other: See Remarks C/O BURGER KING HOLDINGS, 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Joshua Kobza other: See Remarks 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Restaurant Brands International Inc. other: See Remarks 130 KING STREET WEST, SUITE 300, TORONTO A6 M5X 1E1

Restaurant Brands International LP Headlines