Switch to:

Boston Beer Co E10

: $6.90 (As of Mar. 2020)
View and export this data going back to 1995. Start your Free Trial

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.

Boston Beer Co's adjusted earnings per share data for the three months ended in Mar. 2020 was $1.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $6.90 for the trailing ten years ended in Mar. 2020.

As of today (2020-07-15), Boston Beer Co's current stock price is $641.00. Boston Beer Co's E10 for the quarter that ended in Mar. 2020 was $6.90. Boston Beer Co's Shiller PE Ratio of today is 92.90.

During the past 13 years, the highest Shiller PE Ratio of Boston Beer Co was 99.46. The lowest was 27.69. And the median was 54.97.


Boston Beer Co E10 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.

Boston Beer Co Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.88 4.51 5.24 6.04 6.85

Boston Beer Co Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 6.32 6.48 6.78 6.85 6.90

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.


Boston Beer Co E10 Distribution

* The bar in red indicates where Boston Beer Co's E10 falls into.



Boston Beer Co 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, Boston Beer Co's adjusted earnings per share data for the three months ended in Mar. 2020 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=1.49/108.1733*108.1733
=1.490

Current CPI (Mar. 2020) = 108.1733.

Boston Beer Co Quarterly Data

per share eps CPI Adj_EPS
201006 1.130 91.981 1.329
201009 1.090 92.277 1.278
201012 0.870 92.914 1.013
201103 0.280 94.890 0.319
201106 2.010 95.319 2.281
201109 1.190 95.529 1.348
201112 1.330 95.632 1.504
201203 0.560 97.075 0.624
201206 1.060 96.661 1.186
201209 1.530 97.595 1.696
201212 1.250 97.158 1.392
201303 0.510 98.107 0.562
201306 1.450 98.557 1.591
201309 1.890 98.536 2.075
201312 1.330 98.692 1.458
201403 0.620 100.023 0.671
201406 1.880 100.520 2.023
201409 2.790 100.176 3.013
201412 1.400 98.604 1.536
201503 1.000 99.824 1.084
201506 2.180 100.691 2.342
201509 2.850 100.346 3.072
201512 1.210 99.957 1.309
201603 0.530 100.947 0.568
201606 2.060 101.524 2.195
201609 2.480 101.988 2.630
201612 1.750 102.456 1.848
201703 0.450 103.167 0.472
201706 2.350 103.278 2.461
201709 2.780 104.070 2.890
201712 2.570 104.578 2.658
201803 0.780 105.708 0.798
201806 1.980 106.324 2.014
201809 3.210 106.695 3.254
201812 1.860 106.200 1.895
201903 2.020 107.818 2.027
201906 2.360 108.250 2.358
201909 3.650 108.577 3.636
201912 1.120 108.841 1.113
202003 1.490 108.173 1.490

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


Boston Beer Co  (NYSE:SAM) 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.

Boston Beer Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=641.00/6.9
=92.90

* 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 Boston Beer Co was 99.46. The lowest was 27.69. And the median was 54.97.


Be Aware

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


Boston Beer Co E10 Related Terms


Boston Beer Co E10 Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)