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TR (Tootsie Roll Industries) E10 : $1.12 (As of Dec. 2024)


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What is Tootsie Roll Industries 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.

Tootsie Roll Industries's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.311. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.12 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Tootsie Roll Industries's average E10 Growth Rate was -100.00% 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 Tootsie Roll Industries was 14.80% per year. The lowest was -3.00% per year. And the median was 5.30% per year.

As of today (2025-03-04), Tootsie Roll Industries's current stock price is $32.17. Tootsie Roll Industries's E10 for the quarter that ended in Dec. 2024 was $1.12. Tootsie Roll Industries's Shiller PE Ratio of today is 28.72.

During the past 13 years, the highest Shiller PE Ratio of Tootsie Roll Industries was 46.85. The lowest was 25.59. And the median was 35.74.


Tootsie Roll Industries E10 Historical Data

The historical data trend for Tootsie Roll Industries'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.

Tootsie Roll Industries E10 Chart

Tootsie Roll Industries 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 0.83 0.92 1.00 1.07 1.12

Tootsie Roll Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.07 1.09 1.11 1.11 1.12

Competitive Comparison of Tootsie Roll Industries's E10

For the Confectioners subindustry, Tootsie Roll Industries'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.


Tootsie Roll Industries's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tootsie Roll Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tootsie Roll Industries's Shiller PE Ratio falls into.



Tootsie Roll Industries 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, Tootsie Roll Industries's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.311/133.1571*133.1571
=0.311

Current CPI (Dec. 2024) = 133.1571.

Tootsie Roll Industries Quarterly Data

per share eps CPI Adj_EPS
201503 0.107 99.621 0.143
201506 0.130 100.684 0.172
201509 0.314 100.392 0.416
201512 0.244 99.792 0.326
201603 0.118 100.470 0.156
201606 0.134 101.688 0.175
201609 0.355 101.861 0.464
201612 0.221 101.863 0.289
201703 0.122 102.862 0.158
201706 0.146 103.349 0.188
201709 0.341 104.136 0.436
201712 0.402 104.011 0.515
201803 0.100 105.290 0.126
201806 0.134 106.317 0.168
201809 0.335 106.507 0.419
201812 0.155 105.998 0.195
201903 0.112 107.251 0.139
201906 0.147 108.070 0.181
201909 0.380 108.329 0.467
201912 0.184 108.420 0.226
202003 0.151 108.902 0.185
202006 0.098 108.767 0.120
202009 0.320 109.815 0.388
202012 0.195 109.897 0.236
202103 0.137 111.754 0.163
202106 0.128 114.631 0.149
202109 0.329 115.734 0.379
202112 0.267 117.630 0.302
202203 0.160 121.301 0.176
202206 0.160 125.017 0.170
202209 0.349 125.227 0.371
202212 0.339 125.222 0.360
202303 0.184 127.348 0.192
202306 0.194 128.729 0.201
202309 0.466 129.860 0.478
202312 0.396 129.419 0.407
202403 0.214 131.776 0.216
202406 0.214 132.554 0.215
202409 0.447 133.029 0.447
202412 0.311 133.157 0.311

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


Tootsie Roll Industries  (NYSE:TR) 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.

Tootsie Roll Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.17/1.12
=28.72

* 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 Tootsie Roll Industries was 46.85. The lowest was 25.59. And the median was 35.74.


Be Aware

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


Tootsie Roll Industries E10 Related Terms

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


Tootsie Roll Industries Business Description

Traded in Other Exchanges
Address
7401 South Cicero Avenue, Chicago, IL, USA, 60629
Tootsie Roll Industries Inc manufactures and sells confectionery products. Notable varieties include Tootsie Roll and Tootsie Pops, Charms, Blow-Pops, Dots, Junior Mints, Sugar Daddy and Sugar Babies, Andes, Dubble Bubble, Razzles among others. The company sells its products to wholesale distributors and directly to retail stores. Geographically, it generates a majority of its revenue from the United States and rest from Canada, Mexico and other regions.
Executives
Henry G Mills officer: Vice President C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
Leigh R Weiner 10 percent owner
Virginia L Gordon director C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
Stephen Green officer: VP Manufacturing C/O TOOTAIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE., CHICAGO IL 60629
Ellen R Gordon director, 10 percent owner, officer: President
Lewis Brent Lana Jane director
Newlin John W. Jr. officer: Vice President-Mfg. C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVENUE, CHICAGO IL 60629
Barre A Seibert director C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
G Howard Ember officer: CFO
John P Majors officer: VP-Logistics TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE., CHICAGO IL 60629
Melvin J Gordon director, 10 percent owner, officer: Chairman