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Clarus (Clarus) E10 : $-0.31 (As of Dec. 2023)


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What is Clarus 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.

Clarus's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.31 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -33.60% 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 Clarus was 74.70% per year. The lowest was -59.50% per year. And the median was -13.65% per year.

As of today (2024-04-28), Clarus's current stock price is $6.28. Clarus's E10 for the quarter that ended in Dec. 2023 was $-0.31. Clarus's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Clarus was 747.00. The lowest was 21.10. And the median was 88.40.


Clarus E10 Historical Data

The historical data trend for Clarus'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.

Clarus E10 Chart

Clarus 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 0.16 -0.13 -0.09 -0.30 -0.31

Clarus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 -0.30 -0.29 -0.29 -0.29 -0.31

Competitive Comparison of Clarus's E10

For the Leisure subindustry, Clarus'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.


Clarus's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Clarus's Shiller PE Ratio distribution charts can be found below:

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



Clarus 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, Clarus's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.22/129.4194*129.4194
=-0.220

Current CPI (Dec. 2023) = 129.4194.

Clarus Quarterly Data

per share eps CPI Adj_EPS
201403 -0.040 99.695 -0.052
201406 -0.149 100.560 -0.192
201409 0.627 100.428 0.808
201412 -0.030 99.070 -0.039
201503 -0.050 99.621 -0.065
201506 -0.169 100.684 -0.217
201509 -1.513 100.392 -1.950
201512 -0.637 99.792 -0.826
201603 -0.129 100.470 -0.166
201606 -0.100 101.688 -0.127
201609 -0.010 101.861 -0.013
201612 -0.050 101.863 -0.064
201703 -0.050 102.862 -0.063
201706 -0.119 103.349 -0.149
201709 -0.050 104.136 -0.062
201712 0.199 104.011 0.248
201803 0.010 105.290 0.012
201806 -0.030 106.317 -0.037
201809 0.139 106.507 0.169
201812 0.119 105.998 0.145
201903 0.119 107.251 0.144
201906 -0.020 108.070 -0.024
201909 0.110 108.329 0.131
201912 0.398 108.420 0.475
202003 0.001 108.902 0.001
202006 -0.090 108.767 -0.107
202009 0.040 109.815 0.047
202012 0.220 109.897 0.259
202103 0.170 111.754 0.197
202106 0.060 114.631 0.068
202109 0.130 115.734 0.145
202112 0.360 117.630 0.396
202203 0.130 121.301 0.139
202206 0.090 125.017 0.093
202209 0.070 125.227 0.072
202212 -2.200 125.222 -2.274
202303 0.040 127.348 0.041
202306 -0.060 128.729 -0.060
202309 -0.030 129.860 -0.030
202312 -0.220 129.419 -0.220

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


Clarus  (NAS:CLAR) 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.

During the past 13 years, the highest Shiller P/E Ratio of Clarus was 747.00. The lowest was 21.10. And the median was 88.40.


Be Aware

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


Clarus E10 Related Terms

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


Clarus (Clarus) Business Description

Traded in Other Exchanges
N/A
Address
2084 East 3900 South, Salt Lake City, UT, USA, 84124
Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment which includes Black Diamond Equipment, PIEPS, and SKINourishment. Precision Sports segment, formerly known as Sierra segment, which includes Sierra and Barnes, includes two iconic American manufacturers of a wide range of high-performance bullets and ammunition for both rifles and pistols. The adventure segment includes Rhino-Rack and MAXTRAX. It derives the majority of its revenue from the Outdoor segment.
Executives
Nicolas Sokolow director 100 BLVD MALESHERBES, PARIS I0 00000
Aaron Kuehne officer: CAO and CFO C/O BLACK DIAMOND INC, 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Donald House director 4944 MONUMENT ROAD, JASPER GA 30143
Michael A Henning director 4 WINCOMA DRIVE, HUNTINGTON NY 11743
Warren B Kanders director, 10 percent owner, officer: Exec. Chman. of the Bd. of Dir ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD, CT 06901
James E Walker director 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Michael J Yates officer: Chief Financial Officer 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Susan Ottmann director 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
John Walbrecht officer: PRESIDENT 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Mark D. Ritchie officer: Chief Operating Officer 10141 EASTDELL DRIVE, SANDY UT 84092
Zeena Freeman director, officer: President C/O BLACK DIAMOND, INC., 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Kanders Gmp Holdings Llc 10 percent owner ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD CT 06901
Peter R. Metcalf director, officer: CEO and President 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124
Robert Schiller director, officer: Executive Vice Chairman C/O ARMOR HOLDINGS INC, 1400 MARSH LANDING PARKWAY SUITE 112, JACKSONVILLE FL 32250
Robert N. Peay officer: Chief Financial Officer 2084 EAST 3900 SOUTH, SALT LAKE CITY UT 84124