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Vuzix (VUZI) E10 : $-1.07 (As of Mar. 2024)


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What is Vuzix 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.

Vuzix's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.07 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -1.70% per year. During the past 5 years, the average E10 Growth Rate was 2.90% 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 Vuzix was 9.00% per year. The lowest was -1.90% per year. And the median was -1.70% per year.

As of today (2024-06-09), Vuzix's current stock price is $1.37. Vuzix's E10 for the quarter that ended in Mar. 2024 was $-1.07. Vuzix's Shiller PE Ratio of today is .


Vuzix E10 Historical Data

The historical data trend for Vuzix'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.

Vuzix E10 Chart

Vuzix 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 -1.05 -0.97 -0.98 -1.11 -1.02

Vuzix 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 -1.11 -1.08 -1.07 -1.02 -1.07

Competitive Comparison of Vuzix's E10

For the Consumer Electronics subindustry, Vuzix'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.


Vuzix's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vuzix's Shiller PE Ratio distribution charts can be found below:

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



Vuzix 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, Vuzix'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)
=-0.16/131.7762*131.7762
=-0.160

Current CPI (Mar. 2024) = 131.7762.

Vuzix Quarterly Data

per share eps CPI Adj_EPS
201406 0.020 100.560 0.026
201409 -0.310 100.428 -0.407
201412 -0.600 99.070 -0.798
201503 -0.400 99.621 -0.529
201506 -0.170 100.684 -0.222
201509 -0.180 100.392 -0.236
201512 -0.240 99.792 -0.317
201603 -0.260 100.470 -0.341
201606 -0.280 101.688 -0.363
201609 -0.320 101.861 -0.414
201612 -0.324 101.863 -0.419
201703 -0.230 102.862 -0.295
201706 -0.220 103.349 -0.281
201709 -0.280 104.136 -0.354
201712 -0.290 104.011 -0.367
201803 -0.220 105.290 -0.275
201806 -0.240 106.317 -0.297
201809 -0.190 106.507 -0.235
201812 -0.220 105.998 -0.274
201903 -0.250 107.251 -0.307
201906 -0.200 108.070 -0.244
201909 -0.180 108.329 -0.219
201912 -0.310 108.420 -0.377
202003 -0.180 108.902 -0.218
202006 -0.130 108.767 -0.158
202009 -0.130 109.815 -0.156
202012 -0.090 109.897 -0.108
202103 -0.170 111.754 -0.200
202106 -0.150 114.631 -0.172
202109 -0.170 115.734 -0.194
202112 -0.270 117.630 -0.302
202203 -0.160 121.301 -0.174
202206 -0.160 125.017 -0.169
202209 -0.150 125.227 -0.158
202212 -0.170 125.222 -0.179
202303 -0.160 127.348 -0.166
202306 -0.140 128.729 -0.143
202309 -0.170 129.860 -0.173
202312 -0.310 129.419 -0.316
202403 -0.160 131.776 -0.160

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


Vuzix  (NAS:VUZI) 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.


Be Aware

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


Vuzix E10 Related Terms

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


Vuzix (VUZI) Business Description

Traded in Other Exchanges
Address
25 Hendrix Road, Suite A, West Henrietta, NY, USA, 14586
Vuzix Corp is engaged in design, manufacture, marketing and sale of augmented reality wearable display and computing devices, also referred to as head mounted displays in the form of Smart Glasses and Augmented Reality glasses. Geographically, the company generates majority of the revenue from United States and also has its presence in Europe, Asia-Pacific and Others.
Executives
Paul J Travers director, officer: President and CEO 75 TOWN CENTRE DR, ROCHESTER NY 14623
Kay Edward William Jr. director 55 MITCHELL ROAD, PITTSFORD NY 14534
Peter Hamilton Jameson officer: Chief Operating Officer 5 CHIPMUNK TRL, PITTSFORD NY 14534
Raj Rajgopal director C/O VIRTUSA CORPORATION, 2000 WEST PARK DRIVE, WESTBOROUGH MA 01581
Grant Russell director, officer: CFO and Executive VP VUZIX CORPORATION, 75 TOWN CENTRE DR, ROCHESTER NY 14623
Timothy Heydenreich Harned director 71 MAUGUS AVENUE, WELLESLEY MA 02481
Emily Nagle Green director CASELLA WASTE SYSTEMS, 25 GREENS HILL LANE, RUTLAND VT 05701
Azita Arvani director 1522 LOMA DRIVE, HERMOSA BEACH CA 90254
Intel Corp 10 percent owner 2200 MISSION COLLEGE BLVD, RNB-4-151, SANTA CLARA CA 95054
Alexander Ruckdaeschel director 123 EAST 83RD STREET, APT 3-B, NEW YORK NY 10028
Paul A Boris director, officer: Chief Operating Officer 2561 VERONICA DRIVE, CHESTER SPRINGS PA 19425
William Lee director 75 TOWN CENTRE DR, C/O VUZIX CORPORATION, ROCHESTER NY 14623
Michael Dennis Scott director 1211 21ST STREET, HERMOSA BEACH CA 90254
Michael Edwards Mccrackan officer: Vice President of Operations 38 TURNING LEAF DRIVE, PITTSFORD NY 14534
Cecin Jose A Jr director C/O MOBILE SATELLITE VENTURES LP, 10802 PARKRIDGE BLVD, RESTON VA 20191