GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Burford Capital Ltd (NYSE:BUR) » Definitions » E10

Burford Capital (Burford Capital) E10 : $0.94 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Burford Capital 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.

Burford Capital's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was $2.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.94 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Burford Capital's average E10 Growth Rate was 46.90% per year. During the past 3 years, the average E10 Growth Rate was 17.50% 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 Burford Capital was 17.50% per year. The lowest was 3.90% per year. And the median was 10.70% per year.

As of today (2024-05-09), Burford Capital's current stock price is $ 15.69. Burford Capital's E10 for the fiscal year that ended in Dec. 2023 was $0.94. Burford Capital's Shiller PE Ratio of today is 16.69.

During the past 13 years, the highest Shiller PE Ratio of Burford Capital was 17.20. The lowest was 10.55. And the median was 15.61.


Burford Capital E10 Historical Data

The historical data trend for Burford Capital'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.

Burford Capital E10 Chart

Burford Capital 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 0.57 0.58 0.60 0.64 0.94

Burford Capital Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.64 - - - 0.94

Competitive Comparison of Burford Capital's E10

For the Asset Management subindustry, Burford Capital'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.


Burford Capital's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Burford Capital's Shiller PE Ratio distribution charts can be found below:

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



Burford Capital 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, Burford Capital's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.74/129.4194*129.4194
=2.740

Current CPI (Dec. 2023) = 129.4194.

Burford Capital Annual Data

per_share_eps CPI Adj_EPS
201412 0.222 99.070 0.290
201512 0.315 99.792 0.409
201612 0.529 101.863 0.672
201712 1.196 104.011 1.488
201812 1.503 105.998 1.835
201912 0.966 108.420 1.153
202012 0.650 109.897 0.765
202112 -0.130 117.630 -0.143
202212 0.140 125.222 0.145
202312 2.740 129.419 2.740

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


Burford Capital  (NYSE:BUR) 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.

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

Shiller PE Ratio=Share Price/E10
=15.69/0.94
=16.69

* 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 Burford Capital was 17.20. The lowest was 10.55. And the median was 15.61.


Be Aware

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


Burford Capital E10 Related Terms

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


Burford Capital (Burford Capital) Business Description

Traded in Other Exchanges
Address
Hirzel Street, Oak House, St Peter Port, GGY, GY1 2NP
Burford Capital Ltd is a finance firm providing litigation finance, insurance, and risk transfer, law firm lending, corporate intelligence and judgment enforcement, and a wide range of investment activities. It operates in two segments: Capital provision, which is the provision of capital to the legal industry or in connection with legal matters, both directly and through investment in the group's managed funds; Asset management and other services, which includes the provision of services to the legal industry, including litigation insurance; and other corporate. The geographical segments include the United States, United Kingdom, Singapore, Hong Kong, China, and, Australia.
Executives
Alrajhi Turki Saleh A. other: Director to Mithaq Capital SPC MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Muhammad Asif Seemab other: Director to Mithaq Capital SPC MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Capital Spc Mithaq 10 percent owner C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Capital Mithaq 10 percent owner C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521