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Agnico Eagle Mines (FRA:AE9) E10 : €1.29 (As of Mar. 2024)


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What is Agnico Eagle Mines 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.

Agnico Eagle Mines's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.644. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Agnico Eagle Mines's average E10 Growth Rate was 28.60% per year. During the past 3 years, the average E10 Growth Rate was 109.90% 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 Agnico Eagle Mines was 109.90% per year. The lowest was -53.40% per year. And the median was -4.10% per year.

As of today (2024-05-20), Agnico Eagle Mines's current stock price is €64.20. Agnico Eagle Mines's E10 for the quarter that ended in Mar. 2024 was €1.29. Agnico Eagle Mines's Shiller PE Ratio of today is 49.77.

During the past 13 years, the highest Shiller PE Ratio of Agnico Eagle Mines was 4032.00. The lowest was 33.90. And the median was 148.02.


Agnico Eagle Mines E10 Historical Data

The historical data trend for Agnico Eagle Mines'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.

Agnico Eagle Mines E10 Chart

Agnico Eagle Mines 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 0.11 0.13 0.61 0.66 1.26

Agnico Eagle Mines 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 1.00 1.09 1.13 1.26 1.29

Competitive Comparison of Agnico Eagle Mines's E10

For the Gold subindustry, Agnico Eagle Mines'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.


Agnico Eagle Mines's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Agnico Eagle Mines's Shiller PE Ratio falls into.



Agnico Eagle Mines 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, Agnico Eagle Mines'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)
=0.644/126.2576*126.2576
=0.644

Current CPI (Mar. 2024) = 126.2576.

Agnico Eagle Mines Quarterly Data

per share eps CPI Adj_EPS
201406 0.088 99.473 0.112
201409 -0.078 99.394 -0.099
201412 -0.097 98.367 -0.125
201503 0.120 99.789 0.152
201506 0.045 100.500 0.057
201509 0.009 100.421 0.011
201512 -0.064 99.947 -0.081
201603 0.117 101.054 0.146
201606 0.071 102.002 0.088
201609 0.196 101.765 0.243
201612 0.265 101.449 0.330
201703 0.309 102.634 0.380
201706 0.205 103.029 0.251
201709 0.260 103.345 0.318
201712 0.127 103.345 0.155
201803 0.154 105.004 0.185
201806 0.017 105.557 0.020
201809 0.060 105.636 0.072
201812 -1.477 105.399 -1.769
201903 0.142 106.979 0.168
201906 0.106 107.690 0.124
201909 0.291 107.611 0.341
201912 1.242 107.769 1.455
202003 -0.081 107.927 -0.095
202006 0.382 108.401 0.445
202009 0.773 108.164 0.902
202012 0.690 108.559 0.802
202103 0.496 110.298 0.568
202106 0.664 111.720 0.750
202109 0.417 112.905 0.466
202112 0.363 113.774 0.403
202203 0.281 117.646 0.302
202206 0.596 120.806 0.623
202209 0.152 120.648 0.159
202212 0.425 120.964 0.444
202303 3.605 122.702 3.709
202306 0.609 124.203 0.619
202309 0.337 125.230 0.340
202312 -0.706 125.072 -0.713
202403 0.644 126.258 0.644

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


Agnico Eagle Mines  (FRA:AE9) 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.

Agnico Eagle Mines's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=64.20/1.29
=49.77

* 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 Agnico Eagle Mines was 4032.00. The lowest was 33.90. And the median was 148.02.


Be Aware

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


Agnico Eagle Mines E10 Related Terms

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


Agnico Eagle Mines (FRA:AE9) Business Description

Traded in Other Exchanges
Address
145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.1 million gold ounces in 2022 and had about 15 years of gold reserves at end 2022. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.

Agnico Eagle Mines (FRA:AE9) Headlines

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