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Best Buy Co (FRA:BUY) E10 : €5.89 (As of Apr. 2024)


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What is Best Buy 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.

Best Buy Co's adjusted earnings per share data for the three months ended in Apr. 2024 was €1.053. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.89 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Best Buy Co's average E10 Growth Rate was 6.00% per year. During the past 3 years, the average E10 Growth Rate was 23.10% per year. During the past 5 years, the average E10 Growth Rate was 20.10% per year. During the past 10 years, the average E10 Growth Rate was 11.50% 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 Best Buy Co was 47.70% per year. The lowest was -5.10% per year. And the median was 20.80% per year.

As of today (2024-06-06), Best Buy Co's current stock price is €80.49. Best Buy Co's E10 for the quarter that ended in Apr. 2024 was €5.89. Best Buy Co's Shiller PE Ratio of today is 13.67.

During the past 13 years, the highest Shiller PE Ratio of Best Buy Co was 40.46. The lowest was 10.58. And the median was 19.35.


Best Buy Co E10 Historical Data

The historical data trend for Best Buy 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.

Best Buy Co E10 Chart

Best Buy 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 2.75 2.75 3.74 4.93 5.75

Best Buy Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 5.26 5.34 5.51 5.75 5.89

Competitive Comparison of Best Buy Co's E10

For the Specialty Retail subindustry, Best Buy 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.


Best Buy Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



Best Buy 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, Best Buy Co's adjusted earnings per share data for the three months ended in Apr. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=1.053/131.7762*131.7762
=1.053

Current CPI (Apr. 2024) = 131.7762.

Best Buy Co Quarterly Data

per share eps CPI Adj_EPS
201407 0.310 100.520 0.406
201410 0.237 100.176 0.312
201501 1.257 98.604 1.680
201504 0.333 99.824 0.440
201507 0.418 100.691 0.547
201510 0.321 100.346 0.422
201601 1.289 99.957 1.699
201604 0.617 100.947 0.805
201607 0.552 101.524 0.716
201610 0.554 101.988 0.716
201701 1.795 102.456 2.309
201704 0.560 103.167 0.715
201707 0.581 103.278 0.741
201710 0.664 104.070 0.841
201801 1.009 104.578 1.271
201804 0.587 105.708 0.732
201807 0.736 106.324 0.912
201810 0.861 106.695 1.063
201901 2.356 106.200 2.923
201904 0.872 107.818 1.066
201907 0.794 108.250 0.967
201910 0.994 108.577 1.206
202001 2.559 108.841 3.098
202004 0.561 108.173 0.683
202007 1.435 109.318 1.730
202010 1.258 109.861 1.509
202101 2.545 110.364 3.039
202104 1.940 112.673 2.269
202107 2.453 115.183 2.806
202110 1.724 116.696 1.947
202201 2.316 118.619 2.573
202204 1.380 121.978 1.491
202207 1.327 125.002 1.399
202210 1.238 125.734 1.297
202301 2.069 126.223 2.160
202304 1.012 127.992 1.042
202307 1.130 128.974 1.155
202310 1.146 129.810 1.163
202401 1.946 130.124 1.971
202404 1.053 131.776 1.053

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


Best Buy Co  (FRA:BUY) 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.

Best Buy Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=80.49/5.89
=13.67

* 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 Best Buy Co was 40.46. The lowest was 10.58. And the median was 19.35.


Be Aware

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


Best Buy Co E10 Related Terms

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


Best Buy Co (FRA:BUY) Business Description

Traded in Other Exchanges
Address
7601 Penn Avenue South, Richfield, MN, USA, 55423
With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Best Buy Co (FRA:BUY) Headlines

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