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Altria Group (Altria Group) E10 : $0.00 (As of Mar. 2024)


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What is Altria Group 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.

Altria Group's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Altria Group's average E10 Growth Rate was 7.80% per year. During the past 3 years, the average E10 Growth Rate was 7.00% per year. During the past 5 years, the average E10 Growth Rate was 3.80% per year. During the past 10 years, the average E10 Growth Rate was 1.10% 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 Altria Group was 15.90% per year. The lowest was -8.40% per year. And the median was 4.85% per year.

As of today (2024-04-27), Altria Group's current stock price is $43.38. Altria Group's E10 for the quarter that ended in Mar. 2024 was $0.00. Altria Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Altria Group was 25.59. The lowest was 9.01. And the median was 14.84.


Altria Group E10 Historical Data

The historical data trend for Altria Group'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.

Altria Group E10 Chart

Altria Group 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 3.09 3.15 3.31 3.58 3.86

Altria Group 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 3.65 3.72 3.79 3.86 -

Competitive Comparison of Altria Group's E10

For the Tobacco subindustry, Altria Group'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.


Altria Group's Shiller PE Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Shiller PE Ratio distribution charts can be found below:

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



Altria Group 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, Altria Group'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)
=1.21/129.4194*129.4194
=1.210

Current CPI (Mar. 2024) = 129.4194.

Altria Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.640 100.560 0.824
201409 0.710 100.428 0.915
201412 0.630 99.070 0.823
201503 0.520 99.621 0.676
201506 0.740 100.684 0.951
201509 0.780 100.392 1.006
201512 0.640 99.792 0.830
201603 0.620 100.470 0.799
201606 0.840 101.688 1.069
201609 0.560 101.861 0.712
201612 5.260 101.863 6.683
201703 0.720 102.862 0.906
201706 1.030 103.349 1.290
201709 0.970 104.136 1.206
201712 2.590 104.011 3.223
201803 1.000 105.290 1.229
201806 0.990 106.317 1.205
201809 1.030 106.507 1.252
201812 0.660 105.998 0.806
201903 0.600 107.251 0.724
201906 1.070 108.070 1.281
201909 -1.390 108.329 -1.661
201912 -1.000 108.420 -1.194
202003 0.830 108.902 0.986
202006 1.040 108.767 1.237
202009 -0.510 109.815 -0.601
202012 1.030 109.897 1.213
202103 0.770 111.754 0.892
202106 1.160 114.631 1.310
202109 -1.480 115.734 -1.655
202112 0.880 117.630 0.968
202203 1.080 121.301 1.152
202206 0.490 125.017 0.507
202209 0.120 125.227 0.124
202212 1.500 125.222 1.550
202303 1.000 127.348 1.016
202306 1.190 128.729 1.196
202309 1.220 129.860 1.216
202312 1.170 129.419 1.170
202403 1.210 129.419 1.210

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


Altria Group  (NYSE:MO) 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.

During the past 13 years, the highest Shiller P/E Ratio of Altria Group was 25.59. The lowest was 9.01. And the median was 14.84.


Be Aware

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


Altria Group E10 Related Terms

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


Altria Group (Altria Group) Business Description

Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.
Executives
Clarke Ian L.t. director 6601 W BROAD ST, RICHMOND VA 23230
Robert Matthew Davis director 6601 W. BROAD STREET, RICHMOND VA 23230
Jacinto J Hernandez director 777 HIDDEN RIDGE, IRVING TX 75038
Mario Max Yzaguirre director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
Marjorie Mary Connelly director 2580 PALMER DR, KESWICK VA 22947
Ellen R Strahlman director ALTRIA GROUP, INC., 6601 W. BROAD STREET, RICHMOND VA 23230
Nabil Y Sakkab director 6601 WEST BROAD STREET, RICHMOND VA 23230
Virginia E Shanks director 4170 CAUGHLIN PARKWAY, RENO NV 89519
Casteen John T Iii director 301 S. COLLEGE STREET, 30TH FLOOR, NC0630, CHARLOTTE NC 28288-0630
Kathryn B. Mcquade director 6601 WEST BROAD STREET, RICHMOND VA 23230
Kiely W Leo Iii director
Mark Newman director 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Kelly Ennis Debra J director 4405 A INTERNATIONAL BLVD, NORCROSS GA 30093
Surgner W Hildebrandt Jr officer: VP, Corp. Sec'y & Assoc. GC 6601 WEST BROAD STREET, RICHMOND VA 23230
Daniel J Bryant officer: Vice President & Treasurer 6601 WEST BROAD STREET, RICHMOND VA 23230