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Zumiez (FRA:ZM3) E10 : €1.72 (As of Jan. 2024)


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What is Zumiez 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.

Zumiez's adjusted earnings per share data for the three months ended in Jan. 2024 was €-1.597. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.72 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Zumiez's average E10 Growth Rate was -20.20% per year. During the past 3 years, the average E10 Growth Rate was 1.90% per year. During the past 5 years, the average E10 Growth Rate was 10.30% per year. During the past 10 years, the average E10 Growth Rate was 9.90% 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 Zumiez was 21.10% per year. The lowest was 1.90% per year. And the median was 11.30% per year.

As of today (2024-06-06), Zumiez's current stock price is €17.60. Zumiez's E10 for the quarter that ended in Jan. 2024 was €1.72. Zumiez's Shiller PE Ratio of today is 10.23.

During the past 13 years, the highest Shiller PE Ratio of Zumiez was 40.87. The lowest was 6.59. And the median was 19.64.


Zumiez E10 Historical Data

The historical data trend for Zumiez'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.

Zumiez E10 Chart

Zumiez Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.40 1.89 2.08 1.72

Zumiez Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.08 1.97 1.95 1.95 1.72

Competitive Comparison of Zumiez's E10

For the Apparel Retail subindustry, Zumiez'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.


Zumiez's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



Zumiez 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, Zumiez's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-1.597/130.1244*130.1244
=-1.597

Current CPI (Jan. 2024) = 130.1244.

Zumiez Quarterly Data

per share eps CPI Adj_EPS
201404 0.065 100.023 0.085
201407 0.192 100.520 0.249
201410 0.426 100.176 0.553
201501 0.508 98.604 0.670
201504 0.083 99.824 0.108
201507 0.100 100.691 0.129
201510 0.321 100.346 0.416
201601 0.451 99.957 0.587
201604 -0.070 100.947 -0.090
201607 -0.027 101.524 -0.035
201610 0.390 101.988 0.498
201701 0.686 102.456 0.871
201704 -0.168 103.167 -0.212
201707 -0.017 103.278 -0.021
201710 0.408 104.070 0.510
201801 0.656 104.578 0.816
201804 -0.082 105.708 -0.101
201807 0.146 106.324 0.179
201810 0.478 106.695 0.583
201901 1.034 106.200 1.267
201904 0.027 107.818 0.033
201907 0.321 108.250 0.386
201910 0.678 108.577 0.813
202001 1.333 108.841 1.594
202004 -0.773 108.173 -0.930
202007 0.879 109.318 1.046
202010 0.986 109.861 1.168
202101 1.379 110.364 1.626
202104 0.861 112.673 0.994
202107 0.795 115.183 0.898
202110 1.078 116.696 1.202
202201 1.503 118.619 1.649
202204 -0.019 121.978 -0.020
202207 0.157 125.002 0.163
202210 0.365 125.734 0.378
202301 0.548 126.223 0.565
202304 -0.876 127.992 -0.891
202307 -0.398 128.974 -0.402
202310 -0.114 129.810 -0.114
202401 -1.597 130.124 -1.597

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


Zumiez  (FRA:ZM3) 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.

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

Shiller PE Ratio=Share Price/E10
=17.60/1.72
=10.23

* 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 Zumiez was 40.87. The lowest was 6.59. And the median was 19.64.


Be Aware

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


Zumiez E10 Related Terms

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


Zumiez (FRA:ZM3) Business Description

Traded in Other Exchanges
Address
4001 204th Street SW, Lynnwood, WA, USA, 98036
Zumiez Inc is a United-States-based specialty retailer engaged in the sale of apparel, footwear, accessories, and hardgoods. The company provides merchandise with cultural elements coming from fashion, music, art and from action sports, streetwear, and other unique lifestyles. The company operates under the brands Zumiez and Blue Tomato, and through both physical stores and websites. Most of the company's stores are located in the U.S., with the rest in Canada, Australia, and Europe. The U.S. market contributes to the majority of the company's revenue.

Zumiez (FRA:ZM3) Headlines

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