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The Kroger Co (WBO:KR) E10 : €2.93 (As of Oct. 2024)


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What is The Kroger Co 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.

The Kroger Co's adjusted earnings per share data for the three months ended in Oct. 2024 was €0.771. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.93 for the trailing ten years ended in Oct. 2024.

During the past 12 months, The Kroger Co's average E10 Growth Rate was 8.60% per year. During the past 3 years, the average E10 Growth Rate was 11.20% per year. During the past 5 years, the average E10 Growth Rate was 12.60% per year. During the past 10 years, the average E10 Growth Rate was 14.30% 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 The Kroger Co was 23.10% per year. The lowest was -0.50% per year. And the median was 13.30% per year.

As of today (2024-12-12), The Kroger Co's current stock price is €58.50. The Kroger Co's E10 for the quarter that ended in Oct. 2024 was €2.93. The Kroger Co's Shiller PE Ratio of today is 19.97.

During the past 13 years, the highest Shiller PE Ratio of The Kroger Co was 39.76. The lowest was 12.27. And the median was 17.60.


The Kroger Co E10 Historical Data

The historical data trend for The Kroger Co'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.

The Kroger Co E10 Chart

The Kroger Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.21 2.54 2.77

The Kroger Co Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 2.77 2.77 2.88 2.88 2.93

Competitive Comparison of The Kroger Co's E10

For the Grocery Stores subindustry, The Kroger Co'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.


The Kroger Co's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Shiller PE Ratio distribution charts can be found below:

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



The Kroger 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, The Kroger Co's adjusted earnings per share data for the three months ended in Oct. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=0.771/133.1820*133.1820
=0.771

Current CPI (Oct. 2024) = 133.1820.

The Kroger Co Quarterly Data

per share eps CPI Adj_EPS
201501 0.448 98.604 0.605
201504 0.573 99.824 0.764
201507 0.400 100.691 0.529
201510 0.383 100.346 0.508
201601 0.525 99.957 0.700
201604 0.626 100.947 0.826
201607 0.362 101.524 0.475
201610 0.372 101.988 0.486
201701 0.498 102.456 0.647
201704 0.299 103.167 0.386
201707 0.338 103.278 0.436
201710 0.374 104.070 0.479
201801 0.787 104.578 1.002
201804 1.932 105.708 2.434
201807 0.531 106.324 0.665
201810 0.339 106.695 0.423
201901 0.280 106.200 0.351
201904 0.846 107.818 1.045
201907 0.330 108.250 0.406
201910 0.289 108.577 0.354
202001 0.360 108.841 0.441
202004 1.398 108.173 1.721
202007 0.896 109.318 1.092
202010 0.680 109.861 0.824
202101 -0.082 110.364 -0.099
202104 0.150 112.673 0.177
202107 0.516 115.183 0.597
202110 0.552 116.696 0.630
202201 0.663 118.619 0.744
202204 0.833 121.978 0.910
202207 0.983 125.002 1.047
202210 0.558 125.734 0.591
202301 0.575 126.223 0.607
202304 1.204 127.992 1.253
202307 -0.226 128.974 -0.233
202310 0.833 129.810 0.855
202401 0.927 130.124 0.949
202404 1.202 132.289 1.210
202407 0.590 132.708 0.592
202410 0.771 133.182 0.771

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


The Kroger Co  (WBO:KR) 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.

The Kroger Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=58.50/2.93
=19.97

* 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 The Kroger Co was 39.76. The lowest was 12.27. And the median was 17.60.


Be Aware

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


The Kroger Co E10 Related Terms

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


The Kroger Co Business Description

Traded in Other Exchanges
Address
1014 Vine Street, Cincinnati, OH, USA, 45202
Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company boasts an ingrained presence in US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger's roughly $110 billion in nonperishable and fresh food sales (about 75% of revenue) stems from its private-label portfolio, of which the company manufactures about 30% of units via its 33 food production plants. The firm also operates fuel stations and pharmacies at 60% and 80% of its locations, respectively.