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Domino's Pizza (BSP:D2PZ34) E10 : R$1.05 (As of Mar. 2024)


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What is Domino's Pizza 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.

Domino's Pizza's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.357. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Domino's Pizza's average E10 Growth Rate was 17.00% per year. During the past 3 years, the average E10 Growth Rate was 21.80% per year. During the past 5 years, the average E10 Growth Rate was 23.70% per year. During the past 10 years, the average E10 Growth Rate was 22.00% 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 Domino's Pizza was 26.20% per year. The lowest was 11.90% per year. And the median was 22.40% per year.

As of today (2024-05-19), Domino's Pizza's current stock price is R$52.95. Domino's Pizza's E10 for the quarter that ended in Mar. 2024 was R$1.05. Domino's Pizza's Shiller PE Ratio of today is 50.43.

During the past 13 years, the highest Shiller PE Ratio of Domino's Pizza was 98.45. The lowest was 33.30. And the median was 63.20.


Domino's Pizza E10 Historical Data

The historical data trend for Domino's Pizza'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.

Domino's Pizza E10 Chart

Domino's Pizza 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 - - 0.79 0.91 0.97

Domino's Pizza 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 0.91 0.89 0.98 0.97 1.05

Competitive Comparison of Domino's Pizza's E10

For the Restaurants subindustry, Domino's Pizza'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.


Domino's Pizza's Shiller PE Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Domino's Pizza's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Domino's Pizza's Shiller PE Ratio falls into.



Domino's Pizza 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, Domino's Pizza'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)
=0.357/131.7762*131.7762
=0.357

Current CPI (Mar. 2024) = 131.7762.

Domino's Pizza Quarterly Data

per share eps CPI Adj_EPS
201406 0.030 100.560 0.039
201409 0.029 100.428 0.038
201412 0.045 99.070 0.060
201503 0.051 99.621 0.067
201506 0.050 100.684 0.065
201509 0.052 100.392 0.068
201512 0.089 99.792 0.118
201603 0.066 100.470 0.087
201606 0.067 101.688 0.087
201609 0.062 101.861 0.080
201612 0.099 101.863 0.128
201703 0.079 102.862 0.101
201706 0.087 103.349 0.111
201709 0.074 104.136 0.094
201712 0.138 104.011 0.175
201803 0.131 105.290 0.164
201806 0.134 106.317 0.166
201809 0.160 106.507 0.198
201812 0.203 105.998 0.252
201903 0.169 107.251 0.208
201906 0.169 108.070 0.206
201909 0.169 108.329 0.206
201912 0.256 108.420 0.311
202003 0.300 108.902 0.363
202006 0.310 108.767 0.376
202009 0.269 109.815 0.323
202012 0.396 109.897 0.475
202103 0.338 111.754 0.399
202106 0.308 114.631 0.354
202109 0.342 115.734 0.389
202112 0.481 117.630 0.539
202203 0.249 121.301 0.271
202206 0.285 125.017 0.300
202209 0.293 125.227 0.308
202212 0.465 125.222 0.489
202303 0.305 127.348 0.316
202306 0.299 128.729 0.306
202309 0.413 129.860 0.419
202312 0.438 129.419 0.446
202403 0.357 131.776 0.357

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


Domino's Pizza  (BSP:D2PZ34) 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.

Domino's Pizza's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=52.95/1.05
=50.43

* 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 Domino's Pizza was 98.45. The lowest was 33.30. And the median was 63.20.


Be Aware

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


Domino's Pizza E10 Related Terms

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


Domino's Pizza (BSP:D2PZ34) Business Description

Traded in Other Exchanges
Address
30 Frank Lloyd Wright Drive, Ann Arbor, MI, USA, 48105
Domino's is a restaurant operator and franchiser with nearly 20,000 global stores across more than 90 international markets at the end of 2022. The firm generates revenue through the sales of pizza, wings, salads, sandwiches, and desserts at company-owned stores, royalty and marketing contributions from franchise-operated stores, and its network of 26 domestic (and five Canadian) dough manufacturing and supply chain facilities, which centralize purchasing, preparation, and last-mile delivery for the firm's U.S. and Canadian restaurants. With roughly $17.7 billion in 2022 system sales, Domino's is the largest player in the global pizza market, ahead of Pizza Hut, Little Caesars, and Papa John's.

Domino's Pizza (BSP:D2PZ34) Headlines

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