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Cranswick (LSE:CWK) E10 : £1.79 (As of Mar. 2024)


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What is Cranswick 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.

Cranswick's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was £2.097. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £1.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cranswick's average E10 Growth Rate was 9.80% per year. During the past 3 years, the average E10 Growth Rate was 13.60% per year. During the past 5 years, the average E10 Growth Rate was 12.20% per year. During the past 10 years, the average E10 Growth Rate was 10.30% 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 Cranswick was 19.10% per year. The lowest was 5.30% per year. And the median was 12.80% per year.

As of today (2024-06-09), Cranswick's current stock price is £ 43.45. Cranswick's E10 for the fiscal year that ended in Mar. 2024 was £1.79. Cranswick's Shiller PE Ratio of today is 24.27.

During the past 13 years, the highest Shiller PE Ratio of Cranswick was 39.26. The lowest was 16.92. And the median was 27.86.


Cranswick E10 Historical Data

The historical data trend for Cranswick'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.

Cranswick E10 Chart

Cranswick Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.22 1.40 1.63 1.79

Cranswick Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 1.40 - 1.63 - 1.79

Competitive Comparison of Cranswick's E10

For the Packaged Foods subindustry, Cranswick'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.


Cranswick's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cranswick's Shiller PE Ratio distribution charts can be found below:

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



Cranswick 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, Cranswick's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.097/131.6000*131.6000
=2.097

Current CPI (Mar. 2024) = 131.6000.

Cranswick Annual Data

per_share_eps CPI Adj_EPS
201503 0.838 99.600 1.107
201603 0.912 100.400 1.195
201703 1.333 102.700 1.708
201803 1.371 105.100 1.717
201903 1.349 107.000 1.659
202003 1.586 108.600 1.922
202103 1.756 109.700 2.107
202203 1.948 116.500 2.200
202303 2.078 126.800 2.157
202403 2.097 131.600 2.097

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


Cranswick  (LSE:CWK) 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.

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

Shiller PE Ratio=Share Price/E10
=43.45/1.79
=24.27

* 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 Cranswick was 39.26. The lowest was 16.92. And the median was 27.86.


Be Aware

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


Cranswick E10 Related Terms

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


Cranswick (LSE:CWK) Business Description

Traded in Other Exchanges
Address
Ferriby Road, Crane Court, Hesslewood Country Office Park, East Yorkshire, Hessle, GBR, HU13 0PA
Cranswick PLC is a British supplier of fresh pork, sausages, cooked meats, pastry, and sandwiches through retail, food service, and manufacturing channels. The company operates through its food segment, which manufactures and supplies products to United Kingdom grocery retailers, the food-service sector, and other food producers. Retail customers contribute about three-fourths of the company's total revenue, through retailers' own-label products. Cranswick's operations are focused on the production and supply of premium food products and are located in the U.K., with a small proportion of exports. The company also owns pig-breeding and -rearing operations.