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Aritzia (TSX:ATZ) E10 : C$0.74 (As of Nov. 2024)


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What is Aritzia 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.

Aritzia's adjusted earnings per share data for the three months ended in Nov. 2024 was C$0.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.74 for the trailing ten years ended in Nov. 2024.

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 (2025-03-17), Aritzia's current stock price is C$52.40. Aritzia's E10 for the quarter that ended in Nov. 2024 was C$0.74. Aritzia's Shiller PE Ratio of today is 70.81.

During the past 11 years, the highest Shiller PE Ratio of Aritzia was 96.18. The lowest was 62.59. And the median was 70.91.


Aritzia E10 Historical Data

The historical data trend for Aritzia'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.

Aritzia E10 Chart

Aritzia Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Aritzia Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 - - - 0.69 0.74

Competitive Comparison of Aritzia's E10

For the Apparel Retail subindustry, Aritzia'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.


Aritzia's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aritzia's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Aritzia's Shiller PE Ratio falls into.



Aritzia 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, Aritzia's adjusted earnings per share data for the three months ended in Nov. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=0.63/127.8378*127.8378
=0.630

Current CPI (Nov. 2024) = 127.8378.

Aritzia Quarterly Data

per share eps CPI Adj_EPS
201502 0.000 99.078 0.000
201505 0.019 100.263 0.024
201508 0.044 100.579 0.056
201511 0.145 100.421 0.185
201602 0.094 100.421 0.120
201605 0.072 101.765 0.090
201608 -0.629 101.686 -0.791
201611 -0.080 101.607 -0.101
201702 0.110 102.476 0.137
201705 0.070 103.108 0.087
201708 0.040 103.108 0.050
201711 0.240 103.740 0.296
201802 0.140 104.688 0.171
201805 0.110 105.399 0.133
201808 0.130 106.031 0.157
201811 0.280 105.478 0.339
201902 0.160 106.268 0.192
201905 0.140 107.927 0.166
201908 0.160 108.085 0.189
201911 0.310 107.769 0.368
202002 0.190 108.559 0.224
202005 -0.240 107.532 -0.285
202008 -0.010 108.243 -0.012
202011 0.270 108.796 0.317
202102 0.140 109.745 0.163
202105 0.160 111.404 0.184
202108 0.350 112.668 0.397
202111 0.560 113.932 0.628
202202 0.300 115.986 0.331
202205 0.290 120.016 0.309
202208 0.400 120.569 0.424
202211 0.610 121.675 0.641
202302 0.330 122.070 0.346
202305 0.150 124.045 0.155
202308 -0.050 125.389 -0.051
202311 0.380 125.468 0.387
202402 0.210 125.468 0.214
202405 0.140 127.601 0.140
202408 0.160 127.838 0.160
202411 0.630 127.838 0.630

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


Aritzia  (TSX:ATZ) 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.

Aritzia's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=52.40/0.74
=70.81

* 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 Aritzia was 96.18. The lowest was 62.59. And the median was 70.91.


Be Aware

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


Aritzia E10 Related Terms

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


Aritzia Business Description

Traded in Other Exchanges
Address
611 Alexander Street, Suite 118, Vancouver, BC, CAN, V6A 1E1
Aritzia Inc is an integrated design house of exclusive fashion brands. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. The category of products offered by the firm is blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, jumpsuits, and accessories. The Company reports as a single segment and includes all sales channels accessed by the Company's clients, including sales through the Company's eCommerce website and sales at the Company's boutiques. Its geographical segments include Canada and the United States. The company generates the majority of its revenue from Retail, followed by e-commerce.

Aritzia Headlines

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