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Village Super Market Inc  (NAS:VLGEA) E10: $1.86 (As of Apr. 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.

Village Super Market Inc's adjusted earnings per share data for the three months ended in Apr. 2017 was $0.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.86 for the trailing ten years ended in Apr. 2017.

As of today, Village Super Market Inc's current stock price is $23.87. Village Super Market Inc's E10 for the quarter that ended in Apr. 2017 was $1.86. Village Super Market Inc's Shiller PE Ratio of today is 12.83.

During the past 13 years, the highest Shiller PE Ratio of Village Super Market Inc was 26.08. The lowest was 11.05. And the median was 18.73.


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.

Village Super Market Inc Annual Data

Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.81 1.74 1.80 1.84 1.85

Village Super Market Inc Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 1.84 1.83 1.85 1.86 1.85

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, Village Super Market Inc's adjusted earnings per share data for the three months ended in Apr. 2017 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2017 (Change)*Current CPI (Apr. 2017)
=0.42/244.524*244.524
=0.420

Current CPI (Apr. 2017) = 244.524.

Village Super Market Inc Quarterly Data

per share eps CPI Adj_EPS
200707 0.485 208.299 0.569
200710 0.325 208.936 0.380
200801 0.490 211.080 0.568
200804 0.370 214.823 0.421
200807 0.520 219.964 0.578
200810 0.480 216.573 0.542
200901 0.590 211.143 0.683
200904 0.460 213.240 0.527
200907 0.490 215.351 0.556
200910 0.340 216.177 0.385
201001 0.500 216.687 0.564
201004 0.390 218.009 0.437
201007 0.660 218.011 0.740
201010 0.290 218.711 0.324
201101 0.490 220.223 0.544
201104 0.120 224.906 0.130
201107 0.650 225.922 0.704
201110 0.490 226.421 0.529
201201 0.660 226.665 0.712
201204 0.470 230.085 0.499
201207 0.650 229.104 0.694
201210 0.420 231.317 0.444
201301 0.650 230.280 0.690
201304 0.330 232.531 0.347
201307 0.450 233.596 0.471
201310 -0.550 233.546 -0.576
201401 0.200 233.916 0.209
201404 0.230 237.072 0.237
201407 0.420 238.250 0.431
201410 0.270 237.433 0.278
201501 0.470 233.707 0.492
201504 0.930 236.599 0.961
201507 0.480 238.654 0.492
201510 0.310 237.838 0.319
201601 0.440 236.916 0.454
201604 0.420 239.261 0.429
201607 0.600 240.628 0.610
201610 0.290 241.729 0.293
201701 0.420 242.839 0.423
201704 0.420 244.524 0.420

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.

Village Super Market Inc's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=23.87/1.86
=12.83

* 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 Village Super Market Inc was 26.08. The lowest was 11.05. And the median was 18.73.


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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