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Zalando SE (Zalando SE) E10 : $0.27 (As of Mar. 2024)


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What is Zalando SE 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.

Zalando SE's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.016. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zalando SE's average E10 Growth Rate was 18.60% 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.

As of today (2024-05-27), Zalando SE's current stock price is $12.80. Zalando SE's E10 for the quarter that ended in Mar. 2024 was $0.27. Zalando SE's Shiller PE Ratio of today is 47.41.

During the past 13 years, the highest Shiller PE Ratio of Zalando SE was 103.57. The lowest was 33.37. And the median was 59.38.


Zalando SE E10 Historical Data

The historical data trend for Zalando SE'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.

Zalando SE E10 Chart

Zalando SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.23 0.27

Zalando SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.23 0.24 0.25 0.27 0.27

Competitive Comparison of Zalando SE's E10

For the Internet Retail subindustry, Zalando SE'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.


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

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

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



Zalando SE 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, Zalando SE's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.016/125.0381*125.0381
=-0.016

Current CPI (Mar. 2024) = 125.0381.

Zalando SE Quarterly Data

per share eps CPI Adj_EPS
201406 0.080 99.543 0.100
201409 -0.001 99.823 -0.001
201412 0.124 99.543 0.156
201503 0.054 99.717 0.068
201506 0.051 100.417 0.064
201509 -0.067 100.417 -0.083
201512 0.223 99.717 0.280
201603 0.011 100.017 0.014
201606 0.112 100.717 0.139
201609 0.011 101.017 0.014
201612 0.121 101.217 0.149
201703 0.011 101.417 0.014
201706 0.101 102.117 0.124
201709 -0.024 102.717 -0.029
201712 0.142 102.617 0.173
201803 -0.037 102.917 -0.045
201806 0.117 104.017 0.141
201809 -0.099 104.718 -0.118
201812 0.125 104.217 0.150
201903 -0.040 104.217 -0.048
201906 0.102 105.718 0.121
201909 -0.028 106.018 -0.033
201912 0.183 105.818 0.216
202003 -0.193 105.718 -0.228
202006 0.265 106.618 0.311
202009 0.130 105.818 0.154
202012 0.304 105.518 0.360
202103 0.083 107.518 0.097
202106 0.271 108.486 0.312
202109 -0.018 109.435 -0.021
202112 0.186 110.384 0.211
202203 -0.132 113.968 -0.145
202206 0.026 115.760 0.028
202209 -0.069 118.818 -0.073
202212 0.201 119.345 0.211
202303 -0.080 122.402 -0.082
202306 0.119 123.140 0.121
202309 -0.016 124.195 -0.016
202312 0.153 123.773 0.155
202403 -0.016 125.038 -0.016

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


Zalando SE  (OTCPK:ZLNDY) 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.

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

Shiller PE Ratio=Share Price/E10
=12.80/0.27
=47.41

* 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 Zalando SE was 103.57. The lowest was 33.37. And the median was 59.38.


Be Aware

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


Zalando SE E10 Related Terms

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


Zalando SE (Zalando SE) Business Description

Address
Valeska-Gert-Strabe 5, Berlin, DEU, 10243
Zalando, founded in 2008, is Europe's biggest pure-play online fashion platform. Zalando is present in 25 European countries, and its major market is the DACH region, comprising Germany, Austria, and Switzerland, which accounts for around 40% of revenue. The company commands 4% of European apparel sales and 12% market share in European online apparel sales. It has 12 fulfilment centers and presents over 7,000 brands on its platform. In 2022, Zalando had over 50 million active users (more than 10% of the population in countries where the firm has a presence) and over 7 billion site visits.

Zalando SE (Zalando SE) Headlines

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