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BJ's Restaurants (FRA:ZCG) E10 : €1.10 (As of Mar. 2024)


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What is BJ's Restaurants 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.

BJ's Restaurants's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.294. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BJ's Restaurants's average E10 Growth Rate was 5.30% per year. During the past 3 years, the average E10 Growth Rate was -2.20% per year. During the past 5 years, the average E10 Growth Rate was -5.60% per year. During the past 10 years, the average E10 Growth Rate was 6.00% 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 BJ's Restaurants was 44.20% per year. The lowest was -10.70% per year. And the median was 16.50% per year.

As of today (2024-05-28), BJ's Restaurants's current stock price is €32.20. BJ's Restaurants's E10 for the quarter that ended in Mar. 2024 was €1.10. BJ's Restaurants's Shiller PE Ratio of today is 29.27.

During the past 13 years, the highest Shiller PE Ratio of BJ's Restaurants was 73.71. The lowest was 5.13. And the median was 35.54.


BJ's Restaurants E10 Historical Data

The historical data trend for BJ's Restaurants'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.

BJ's Restaurants E10 Chart

BJ's Restaurants 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 1.40 0.99 1.06 1.08 1.06

BJ's Restaurants 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 1.04 1.06 1.07 1.06 1.10

Competitive Comparison of BJ's Restaurants's E10

For the Restaurants subindustry, BJ's Restaurants'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.


BJ's Restaurants's Shiller PE Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, BJ's Restaurants's Shiller PE Ratio distribution charts can be found below:

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



BJ's Restaurants 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, BJ's Restaurants'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)
=0.294/131.7762*131.7762
=0.294

Current CPI (Mar. 2024) = 131.7762.

BJ's Restaurants Quarterly Data

per share eps CPI Adj_EPS
201406 0.206 100.560 0.270
201409 0.178 100.428 0.234
201412 0.251 99.070 0.334
201503 0.333 99.621 0.440
201506 0.419 100.684 0.548
201509 0.428 100.392 0.562
201512 0.395 99.792 0.522
201603 0.422 100.470 0.553
201606 0.498 101.688 0.645
201609 0.267 101.861 0.345
201612 0.521 101.863 0.674
201703 0.393 102.862 0.503
201706 0.392 103.349 0.500
201709 0.092 104.136 0.116
201712 0.946 104.011 1.199
201803 0.568 105.290 0.711
201806 0.676 106.317 0.838
201809 0.334 106.507 0.413
201812 0.431 105.998 0.536
201903 0.531 107.251 0.652
201906 0.602 108.070 0.734
201909 0.163 108.329 0.198
201912 0.675 108.420 0.820
202003 -0.199 108.902 -0.241
202006 -1.225 108.767 -1.484
202009 -0.255 109.815 -0.306
202012 -0.666 109.897 -0.799
202103 -0.118 111.754 -0.139
202106 0.216 114.631 0.248
202109 -0.077 115.734 -0.088
202112 -0.177 117.630 -0.198
202203 0.054 121.301 0.059
202206 0.009 125.017 0.009
202209 -0.071 125.227 -0.075
202212 0.160 125.222 0.168
202303 0.140 127.348 0.145
202306 0.462 128.729 0.473
202309 -0.150 129.860 -0.152
202312 0.312 129.419 0.318
202403 0.294 131.776 0.294

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


BJ's Restaurants  (FRA:ZCG) 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.

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

Shiller PE Ratio=Share Price/E10
=32.20/1.1
=29.27

* 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 BJ's Restaurants was 73.71. The lowest was 5.13. And the median was 35.54.


Be Aware

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


BJ's Restaurants E10 Related Terms

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


BJ's Restaurants (FRA:ZCG) Business Description

Traded in Other Exchanges
Address
7755 Center Avenue, Suite 300, Huntington Beach, CA, USA, 92647
BJ's Restaurants Inc is involved in the business of owning and operating restaurants. The company operates in one operating segment that is casual dining company-owned restaurants. It has geographic presence only in the United States of America.

BJ's Restaurants (FRA:ZCG) Headlines

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