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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) E10 : $1.25 (As of Mar. 2024)


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What is Fomento Economico MexicanoB de CV 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.

Fomento Economico MexicanoB de CV's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.101. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.25 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fomento Economico MexicanoB de CV's average E10 Growth Rate was 51.50% per year. During the past 3 years, the average E10 Growth Rate was 90.00% per year. During the past 5 years, the average E10 Growth Rate was 43.70% per year. During the past 10 years, the average E10 Growth Rate was 26.70% 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 Fomento Economico MexicanoB de CV was 90.00% per year. The lowest was -5.00% per year. And the median was 16.75% per year.

As of today (2024-05-22), Fomento Economico MexicanoB de CV's current stock price is $117.455. Fomento Economico MexicanoB de CV's E10 for the quarter that ended in Mar. 2024 was $1.25. Fomento Economico MexicanoB de CV's Shiller PE Ratio of today is 93.96.

During the past 13 years, the highest Shiller PE Ratio of Fomento Economico MexicanoB de CV was 241.90. The lowest was 2.91. And the median was 53.22.


Fomento Economico MexicanoB de CV E10 Historical Data

The historical data trend for Fomento Economico MexicanoB de CV'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.

Fomento Economico MexicanoB de CV E10 Chart

Fomento Economico MexicanoB de CV 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 1.07 0.43 0.49 1.32 1.26

Fomento Economico MexicanoB de CV 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 2.20 1.91 1.38 1.26 1.25

Competitive Comparison of Fomento Economico MexicanoB de CV's E10

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV'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.


Fomento Economico MexicanoB de CV's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Shiller PE Ratio falls into.



Fomento Economico MexicanoB de CV 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, Fomento Economico MexicanoB de CV'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)
=0.101/152.9470*152.9470
=0.101

Current CPI (Mar. 2024) = 152.9470.

Fomento Economico MexicanoB de CV Quarterly Data

per share eps CPI Adj_EPS
201406 0.130 96.609 0.206
201409 0.200 97.652 0.313
201412 0.126 99.469 0.194
201503 0.115 99.973 0.176
201506 0.138 99.382 0.212
201509 0.165 100.112 0.252
201512 0.177 101.588 0.266
201603 0.097 102.573 0.145
201606 0.147 101.905 0.221
201609 0.193 103.084 0.286
201612 0.181 105.002 0.264
201703 0.098 108.063 0.139
201706 0.144 108.339 0.203
201709 0.999 109.628 1.394
201712 0.052 112.114 0.071
201803 -0.008 113.505 -0.011
201806 0.300 113.373 0.405
201809 0.131 115.130 0.174
201812 0.302 117.530 0.393
201903 0.064 118.050 0.083
201906 0.186 117.848 0.241
201909 0.206 118.581 0.266
201912 0.142 120.854 0.180
202003 0.186 121.885 0.233
202006 -0.283 121.777 -0.355
202009 0.082 123.341 0.102
202012 -0.035 124.661 -0.043
202103 0.125 127.574 0.150
202106 0.087 128.936 0.103
202109 0.384 130.742 0.449
202112 0.183 133.830 0.209
202203 0.112 137.082 0.125
202206 0.145 139.233 0.159
202209 0.299 142.116 0.322
202212 0.138 144.291 0.146
202303 1.480 146.472 1.545
202306 0.201 146.272 0.210
202309 0.313 148.446 0.322
202312 0.108 151.017 0.109
202403 0.101 152.947 0.101

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


Fomento Economico MexicanoB de CV  (NYSE:FMX) 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.

Fomento Economico MexicanoB de CV's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=117.455/1.25
=93.96

* 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 Fomento Economico MexicanoB de CV was 241.90. The lowest was 2.91. And the median was 53.22.


Be Aware

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


Fomento Economico MexicanoB de CV E10 Related Terms

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


Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.

Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Headlines