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The Kroger Co (XTER:KOG) E10 : €2.77 (As of Jan. 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 Jan. 2024 was €0.927. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.77 for the trailing ten years ended in Jan. 2024.

During the past 12 months, The Kroger Co's average E10 Growth Rate was 6.80% 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 (2024-05-27), The Kroger Co's current stock price is €48.82. The Kroger Co's E10 for the quarter that ended in Jan. 2024 was €2.77. The Kroger Co's Shiller PE Ratio of today is 17.62.

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 18.25.


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 1.17 1.83 2.21 2.55 2.77

The Kroger Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.55 - 2.58 2.71 2.77

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 Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.927/130.1244*130.1244
=0.927

Current CPI (Jan. 2024) = 130.1244.

The Kroger Co Quarterly Data

per share eps CPI Adj_EPS
201404 0.355 100.023 0.462
201407 0.259 100.520 0.335
201410 0.284 100.176 0.369
201501 0.448 98.604 0.591
201504 0.573 99.824 0.747
201507 0.400 100.691 0.517
201510 0.383 100.346 0.497
201601 0.525 99.957 0.683
201604 0.626 100.947 0.807
201607 0.362 101.524 0.464
201610 0.372 101.988 0.475
201701 0.498 102.456 0.632
201704 0.299 103.167 0.377
201707 0.338 103.278 0.426
201710 0.374 104.070 0.468
201801 0.787 104.578 0.979
201804 1.932 105.708 2.378
201807 0.531 106.324 0.650
201810 0.339 106.695 0.413
201901 0.280 106.200 0.343
201904 0.846 107.818 1.021
201907 0.330 108.250 0.397
201910 0.289 108.577 0.346
202001 0.360 108.841 0.430
202004 1.398 108.173 1.682
202007 0.896 109.318 1.067
202010 0.680 109.861 0.805
202101 -0.082 110.364 -0.097
202104 0.150 112.673 0.173
202107 0.516 115.183 0.583
202110 0.552 116.696 0.616
202201 0.663 118.619 0.727
202204 0.833 121.978 0.889
202207 0.983 125.002 1.023
202210 0.558 125.734 0.577
202301 0.575 126.223 0.593
202304 1.204 127.992 1.224
202307 -0.226 128.974 -0.228
202310 0.833 129.810 0.835
202401 0.927 130.124 0.927

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


The Kroger Co  (XTER:KOG) 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
=48.82/2.77
=17.62

* 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 18.25.


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 (XTER:KOG) Business Description

Address
1014 Vine Street, Cincinnati, OH, USA, 45202
Kroger is the leading U.S. grocer, with 2,719 supermarkets operating under several banners throughout the country at the end of fiscal 2022. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.

The Kroger Co (XTER:KOG) Headlines

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