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Osisko Gold Royalties (TSX:OR) E10 : C$4.28 (As of Mar. 2024)


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What is Osisko Gold Royalties 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.

Osisko Gold Royalties's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$4.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Osisko Gold Royalties's average E10 Growth Rate was 42.20% 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.

As of today (2024-06-08), Osisko Gold Royalties's current stock price is C$23.00. Osisko Gold Royalties's E10 for the quarter that ended in Mar. 2024 was C$4.28. Osisko Gold Royalties's Shiller PE Ratio of today is 5.37.

During the past 11 years, the highest Shiller PE Ratio of Osisko Gold Royalties was 7.78. The lowest was 3.65. And the median was 4.57.


Osisko Gold Royalties E10 Historical Data

The historical data trend for Osisko Gold Royalties'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.

Osisko Gold Royalties E10 Chart

Osisko Gold Royalties 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 - - - - 4.30

Osisko Gold Royalties 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 3.01 4.37 4.37 4.30 4.28

Competitive Comparison of Osisko Gold Royalties's E10

For the Gold subindustry, Osisko Gold Royalties'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.


Osisko Gold Royalties's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Osisko Gold Royalties's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Osisko Gold Royalties's Shiller PE Ratio falls into.



Osisko Gold Royalties 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, Osisko Gold Royalties'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)
=0.08/126.2576*126.2576
=0.080

Current CPI (Mar. 2024) = 126.2576.

Osisko Gold Royalties Quarterly Data

per share eps CPI Adj_EPS
201406 36.690 99.473 46.569
201409 0.120 99.394 0.152
201412 -0.750 98.367 -0.963
201503 0.140 99.789 0.177
201506 0.040 100.500 0.050
201509 0.100 100.421 0.126
201512 0.040 99.947 0.051
201603 -0.001 101.054 -0.001
201606 0.150 102.002 0.186
201609 0.170 101.765 0.211
201612 0.080 101.449 0.100
201703 0.040 102.634 0.049
201706 0.100 103.029 0.123
201709 0.050 103.345 0.061
201712 -0.520 103.345 -0.635
201803 0.010 105.004 0.012
201806 0.003 105.557 0.004
201809 0.040 105.636 0.048
201812 -0.720 105.399 -0.862
201903 -0.170 106.979 -0.201
201906 -0.040 107.690 -0.047
201909 -0.320 107.611 -0.375
201912 -1.030 107.769 -1.207
202003 -0.090 107.927 -0.105
202006 0.080 108.401 0.093
202009 0.080 108.164 0.093
202012 0.020 108.559 0.023
202103 0.060 110.298 0.069
202106 -0.090 111.720 -0.102
202109 0.010 112.905 0.011
202112 -0.130 113.774 -0.144
202203 0.100 117.646 0.107
202206 0.090 120.806 0.094
202209 -0.860 120.648 -0.900
202212 0.130 120.964 0.136
202303 0.110 122.702 0.113
202306 0.100 124.203 0.102
202309 -0.110 125.230 -0.111
202312 -0.360 125.072 -0.363
202403 0.080 126.258 0.080

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


Osisko Gold Royalties  (TSX:OR) 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.

Osisko Gold Royalties's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=23.00/4.28
=5.37

* 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 11 years, the highest Shiller P/E Ratio of Osisko Gold Royalties was 7.78. The lowest was 3.65. And the median was 4.57.


Be Aware

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


Osisko Gold Royalties E10 Related Terms

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


Osisko Gold Royalties (TSX:OR) Business Description

Traded in Other Exchanges
Address
1100, Avenue des Canadiens-de-Montreal, Suite 300, P.O. Box 211, Montreal, QC, CAN, H3B 2S2
Osisko Gold Royalties Ltd is engaged in the business of acquiring and managing precious metal and other high-quality royalties, streams and similar interests. The Company owns a portfolio of royalties, streams, offtakes, options on royalty/stream financings and exclusive rights to participate in future royalty/stream financings on various projects. The company organizes and manages the business under two operating segments: (i) acquiring and managing precious metals and other royalties, streams and other interests, and (ii) the exploration, evaluation and development of mining projects.
Executives
Guy Desharnais Senior Officer