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HORNBACH Holding AG and Co KGaA (XTER:HBH) E10 : €8.32 (As of Nov. 2023)


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What is HORNBACH Holding AG and Co KGaA 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.

HORNBACH Holding AG and Co KGaA's adjusted earnings per share data for the three months ended in Nov. 2023 was €1.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €8.32 for the trailing ten years ended in Nov. 2023.

During the past 12 months, HORNBACH Holding AG and Co KGaA's average E10 Growth Rate was 4.50% per year. During the past 3 years, the average E10 Growth Rate was 15.80% 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 HORNBACH Holding AG and Co KGaA was 15.80% per year. The lowest was 9.40% per year. And the median was 12.60% per year.

As of today (2024-05-15), HORNBACH Holding AG and Co KGaA's current stock price is €78.00. HORNBACH Holding AG and Co KGaA's E10 for the quarter that ended in Nov. 2023 was €8.32. HORNBACH Holding AG and Co KGaA's Shiller PE Ratio of today is 9.38.

During the past 13 years, the highest Shiller PE Ratio of HORNBACH Holding AG and Co KGaA was 20.48. The lowest was 6.71. And the median was 10.10.


HORNBACH Holding AG and Co KGaA E10 Historical Data

The historical data trend for HORNBACH Holding AG and Co KGaA'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.

HORNBACH Holding AG and Co KGaA E10 Chart

HORNBACH Holding AG and Co KGaA Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.16 5.08 5.78 6.76 7.88

HORNBACH Holding AG and Co KGaA Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 7.96 7.88 8.19 8.28 8.32

Competitive Comparison of HORNBACH Holding AG and Co KGaA's E10

For the Home Improvement Retail subindustry, HORNBACH Holding AG and Co KGaA'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.


HORNBACH Holding AG and Co KGaA's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HORNBACH Holding AG and Co KGaA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where HORNBACH Holding AG and Co KGaA's Shiller PE Ratio falls into.



HORNBACH Holding AG and Co KGaA 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, HORNBACH Holding AG and Co KGaA's adjusted earnings per share data for the three months ended in Nov. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=1.76/123.6675*123.6675
=1.760

Current CPI (Nov. 2023) = 123.6675.

HORNBACH Holding AG and Co KGaA Quarterly Data

per share eps CPI Adj_EPS
201402 -0.850 99.263 -1.059
201405 2.770 99.263 3.451
201408 2.120 99.823 2.626
201411 1.220 99.543 1.516
201502 -0.520 99.217 -0.648
201505 2.570 100.417 3.165
201508 2.630 100.617 3.233
201511 0.710 99.717 0.881
201602 -0.900 99.317 -1.121
201605 2.560 100.617 3.146
201608 2.590 101.017 3.171
201611 0.910 100.517 1.120
201702 -1.220 101.217 -1.491
201705 3.180 101.817 3.862
201708 2.850 102.617 3.435
201711 0.920 102.117 1.114
201802 -1.830 102.317 -2.212
201805 2.690 103.917 3.201
201808 2.850 104.517 3.372
201811 0.720 104.217 0.854
201902 -2.180 103.817 -2.597
201905 3.150 105.418 3.695
201908 3.570 106.018 4.164
201911 1.300 105.318 1.527
202002 -1.460 105.618 -1.710
202005 6.060 106.018 7.069
202008 5.510 106.018 6.427
202011 2.140 105.018 2.520
202102 -3.390 107.018 -3.917
202105 5.830 108.170 6.665
202108 5.850 109.118 6.630
202111 1.980 110.173 2.223
202202 -1.180 111.754 -1.306
202205 6.140 115.760 6.559
202208 5.220 116.709 5.531
202211 1.710 119.872 1.764
202302 -3.250 121.454 -3.309
202305 4.150 122.824 4.178
202308 3.690 123.878 3.684
202311 1.760 123.668 1.760

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


HORNBACH Holding AG and Co KGaA  (XTER:HBH) 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.

HORNBACH Holding AG and Co KGaA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=78.00/8.32
=9.38

* 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 HORNBACH Holding AG and Co KGaA was 20.48. The lowest was 6.71. And the median was 10.10.


Be Aware

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


HORNBACH Holding AG and Co KGaA E10 Related Terms

Thank you for viewing the detailed overview of HORNBACH Holding AG and Co KGaA's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


HORNBACH Holding AG and Co KGaA (XTER:HBH) Business Description

Traded in Other Exchanges
Address
Le Quartier Hornbach 19, Neustadt an der Weinstrasse, DEU, 67433
HORNBACH Holding AG and Co KGaA and its subsidiaries are involved in the business of Retail and Real estate segments. The company's operating segment include HORNBACH Baumarkt subgroup; HORNBACH Baustoff Union GmbH subgroup and HORNBACH Immobilien AG subgroup. It generates maximum revenue from the HORNBACH Baumarkt subgroup segment. Geographically, it derives a majority of revenue from Germany. Products are structured in the following divisions: Hardware/Electrical, Paint/Wallpaper/Flooring, Construction Materials/Timber/Prefabricated Components, Sanitary/Tiles, and Garden.
Executives
Karin Dohm Board of Directors
Albrecht Hornbach Board of Directors

HORNBACH Holding AG and Co KGaA (XTER:HBH) Headlines

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