GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Brookfield Business Partners LP (NYSE:BBU) » Definitions » E10

Brookfield Business Partners LP (Brookfield Business Partners LP) E10 : $1.65 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Brookfield Business Partners LP 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.

Brookfield Business Partners LP's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.65 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-11), Brookfield Business Partners LP's current stock price is $18.331. Brookfield Business Partners LP's E10 for the quarter that ended in Mar. 2024 was $1.65. Brookfield Business Partners LP's Shiller PE Ratio of today is 11.11.

During the past 12 years, the highest Shiller PE Ratio of Brookfield Business Partners LP was 21.71. The lowest was 10.94. And the median was 13.39.


Brookfield Business Partners LP E10 Historical Data

The historical data trend for Brookfield Business Partners LP'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.

Brookfield Business Partners LP E10 Chart

Brookfield Business Partners LP 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 - - - - 1.68

Brookfield Business Partners LP 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 - - 0.93 1.68 1.65

Competitive Comparison of Brookfield Business Partners LP's E10

For the Conglomerates subindustry, Brookfield Business Partners LP'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.


Brookfield Business Partners LP's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Brookfield Business Partners LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Brookfield Business Partners LP's Shiller PE Ratio falls into.



Brookfield Business Partners LP 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, Brookfield Business Partners LP'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)
=0.23/131.7762*131.7762
=0.230

Current CPI (Mar. 2024) = 131.7762.

Brookfield Business Partners LP Quarterly Data

per share eps CPI Adj_EPS
201406 0.893 100.560 1.170
201409 1.026 100.428 1.346
201412 -1.322 99.070 -1.758
201503 3.017 99.621 3.991
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 -0.030 101.688 -0.039
201609 0.220 101.861 0.285
201612 -0.130 101.863 -0.168
201703 0.610 102.862 0.781
201706 -0.060 103.349 -0.077
201709 -0.150 104.136 -0.190
201712 -1.250 104.011 -1.584
201803 -0.530 105.290 -0.663
201806 0.600 106.317 0.744
201809 -0.015 106.507 -0.019
201812 1.040 105.998 1.293
201903 0.480 107.251 0.590
201906 0.820 108.070 1.000
201909 0.160 108.329 0.195
201912 -0.700 108.420 -0.851
202003 -0.840 108.902 -1.016
202006 -0.730 108.767 -0.884
202009 -0.120 109.815 -0.144
202012 0.302 109.897 0.362
202103 3.570 111.754 4.210
202106 -0.630 114.631 -0.724
202109 0.590 115.734 0.672
202112 -0.250 117.630 -0.280
202203 0.100 121.301 0.109
202206 0.620 125.017 0.654
202209 -0.188 125.227 -0.198
202212 0.040 125.222 0.042
202303 0.340 127.348 0.352
202306 -0.220 128.729 -0.225
202309 -0.201 129.860 -0.204
202312 6.570 129.419 6.690
202403 0.230 131.776 0.230

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


Brookfield Business Partners LP  (NYSE:BBU) 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.

Brookfield Business Partners LP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.331/1.65
=11.11

* 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 12 years, the highest Shiller P/E Ratio of Brookfield Business Partners LP was 21.71. The lowest was 10.94. And the median was 13.39.


Be Aware

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


Brookfield Business Partners LP E10 Related Terms

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


Brookfield Business Partners LP (Brookfield Business Partners LP) Business Description

Traded in Other Exchanges
Address
73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Business Partners LP is a business services and industrials company. It focused on operating businesses that are either low-cost producers and benefit from high barriers to entry. The company's operating segment includes Business services; Infrastructure services; Industrials and Corporate and others. It generates maximum revenue from the Business Services segment. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in the United States of America; Europe; Australia; Canada; Brazil; Mexico and Other Countries.