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Bassett Furniture Industries (Bassett Furniture Industries) E10 : $1.57 (As of Feb. 2024)


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What is Bassett Furniture Industries 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.

Bassett Furniture Industries's adjusted earnings per share data for the three months ended in Feb. 2024 was $-0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.57 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Bassett Furniture Industries's average E10 Growth Rate was -5.40% per year. During the past 3 years, the average E10 Growth Rate was 2.70% per year. During the past 5 years, the average E10 Growth Rate was 2.90% per year. During the past 10 years, the average E10 Growth Rate was 20.70% 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 Bassett Furniture Industries was 52.60% per year. The lowest was -42.90% per year. And the median was -2.40% per year.

As of today (2024-04-27), Bassett Furniture Industries's current stock price is $13.12. Bassett Furniture Industries's E10 for the quarter that ended in Feb. 2024 was $1.57. Bassett Furniture Industries's Shiller PE Ratio of today is 8.36.

During the past 13 years, the highest Shiller PE Ratio of Bassett Furniture Industries was 97.11. The lowest was 2.84. And the median was 23.94.


Bassett Furniture Industries E10 Historical Data

The historical data trend for Bassett Furniture Industries'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.

Bassett Furniture Industries E10 Chart

Bassett Furniture Industries Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.47 1.17 1.64 1.59

Bassett Furniture Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.66 1.68 1.66 1.59 1.57

Competitive Comparison of Bassett Furniture Industries's E10

For the Furnishings, Fixtures & Appliances subindustry, Bassett Furniture Industries'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.


Bassett Furniture Industries's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bassett Furniture Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bassett Furniture Industries's Shiller PE Ratio falls into.



Bassett Furniture Industries 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, Bassett Furniture Industries's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.14/129.4194*129.4194
=-0.140

Current CPI (Feb. 2024) = 129.4194.

Bassett Furniture Industries Quarterly Data

per share eps CPI Adj_EPS
201405 0.240 100.373 0.309
201408 0.210 100.352 0.271
201411 0.350 99.635 0.455
201502 0.560 99.032 0.732
201505 0.420 100.333 0.542
201508 0.390 100.548 0.502
201511 0.520 100.135 0.672
201602 0.300 100.040 0.388
201605 0.310 101.355 0.396
201608 0.380 101.617 0.484
201611 0.470 101.829 0.597
201702 0.270 102.779 0.340
201705 0.540 103.256 0.677
201708 0.430 103.587 0.537
201711 0.460 104.072 0.572
201802 -0.090 105.052 -0.111
201805 0.400 106.148 0.488
201808 0.280 106.383 0.341
201811 0.180 106.338 0.219
201902 0.060 106.649 0.073
201905 0.040 108.048 0.048
201908 0.210 108.245 0.251
201911 -0.510 108.519 -0.608
202002 0.120 109.139 0.142
202005 -2.040 108.175 -2.441
202008 0.220 109.662 0.260
202011 0.650 109.793 0.766
202102 0.400 110.968 0.467
202105 0.600 113.576 0.684
202108 0.310 115.421 0.348
202111 0.520 117.269 0.574
202202 0.570 119.703 0.616
202205 4.940 123.323 5.184
202208 0.820 124.958 0.849
202211 0.550 125.607 0.567
202302 0.160 126.928 0.163
202305 0.240 128.314 0.242
202308 -0.300 129.538 -0.300
202311 -0.470 129.548 -0.470
202402 -0.140 129.419 -0.140

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


Bassett Furniture Industries  (NAS:BSET) 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.

Bassett Furniture Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.12/1.57
=8.36

* 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 Bassett Furniture Industries was 97.11. The lowest was 2.84. And the median was 23.94.


Be Aware

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


Bassett Furniture Industries E10 Related Terms

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


Bassett Furniture Industries (Bassett Furniture Industries) Business Description

Traded in Other Exchanges
N/A
Address
3525 Fairystone Park Highway, P.O. Box 626, Bassett, VA, USA, 24055
Bassett Furniture Industries Inc is a manufacturer, importer, and retailer of home furnishings products in the United States. It operates through the following segments: The Wholesale segment focuses on the design, manufacture, sourcing, sale, and distribution of furniture products. The Retail segment consists of company-owned stores.
Executives
Spilman Robert H Jr director, officer: Pres & Chief Executive Officer C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
John Michael Daniel officer: V P, Chief Accounting Officer P O BOX 626, 3525 FAIRYSTONE PARK HWY, BASSETT VA 24055
Warden William C Jr director PO BOX 2328, HICKORY NC 28603-2328
David C Baker officer: SVP, Corporate Retail 1012 SHERATON, COURT, MARTINSVILLE VA 24112
Emma S. Battle director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Virginia W. Hamlet director P.O. BOX 626, BASSETT VA 24055
Wampler William C Jr director 510 CUMBERLAND STREET, BRISTOL VA 24201-4387
Bassett John E Iii officer: vice President Global Sourcing C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
John R Belk director BELK INC, 2801 WEST TYVOLA ROAD, CHARLOTTE NC 28217-4500
Stefanie Jane Lucas officer: SVP, Chief Merchandising Offic P.O. BOX 626, BASSETT VA 24055
Kara Ann Kelchner-strong officer: SVP, Customer Experience Offic P.O. BOX 626, BASSETT VA 24055
Mark S Jordan officer: Vice President Upholstery BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
Jay R Hervey officer: Vice Pres Sec & Gen Counsel
Bruce Cohenour officer: SR VP/SALES & MERCHANDISING HOOKER FURNITURE CORPORATION, 440 EAST COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Kristina K Cashman director

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