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Corcept Therapeutics (FRA:HTD) E10 : €0.65 (As of Mar. 2024)


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What is Corcept Therapeutics 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.

Corcept Therapeutics's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Corcept Therapeutics's average E10 Growth Rate was 36.50% per year. During the past 3 years, the average E10 Growth Rate was 60.40% 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 Corcept Therapeutics was 188.40% per year. The lowest was 13.70% per year. And the median was 34.10% per year.

As of today (2024-05-27), Corcept Therapeutics's current stock price is €25.05. Corcept Therapeutics's E10 for the quarter that ended in Mar. 2024 was €0.65. Corcept Therapeutics's Shiller PE Ratio of today is 38.54.

During the past 13 years, the highest Shiller PE Ratio of Corcept Therapeutics was 679.50. The lowest was 32.11. And the median was 67.45.


Corcept Therapeutics E10 Historical Data

The historical data trend for Corcept Therapeutics'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.

Corcept Therapeutics E10 Chart

Corcept Therapeutics 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 0.02 0.13 0.27 0.45 0.60

Corcept Therapeutics 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 0.47 0.52 0.71 0.60 0.65

Competitive Comparison of Corcept Therapeutics's E10

For the Biotechnology subindustry, Corcept Therapeutics'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.


Corcept Therapeutics's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Corcept Therapeutics's Shiller PE Ratio distribution charts can be found below:

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



Corcept Therapeutics 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, Corcept Therapeutics'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)
=0.23/131.7762*131.7762
=0.230

Current CPI (Mar. 2024) = 131.7762.

Corcept Therapeutics Quarterly Data

per share eps CPI Adj_EPS
201406 -0.052 100.560 -0.068
201409 -0.047 100.428 -0.062
201412 -0.032 99.070 -0.043
201503 -0.046 99.621 -0.061
201506 -0.018 100.684 -0.024
201509 -0.009 100.392 -0.012
201512 0.009 99.792 0.012
201603 0.000 100.470 0.000
201606 0.009 101.688 0.012
201609 0.018 101.861 0.023
201612 0.038 101.863 0.049
201703 0.037 102.862 0.047
201706 0.089 103.349 0.113
201709 0.092 104.136 0.116
201712 0.651 104.011 0.825
201803 0.114 105.290 0.143
201806 0.120 106.317 0.149
201809 0.120 106.507 0.148
201812 0.158 105.998 0.196
201903 0.133 107.251 0.163
201906 0.150 108.070 0.183
201909 0.200 108.329 0.243
201912 0.216 108.420 0.263
202003 0.226 108.902 0.273
202006 0.204 108.767 0.247
202009 0.144 109.815 0.173
202012 0.164 109.897 0.197
202103 0.151 111.754 0.178
202106 0.174 114.631 0.200
202109 0.204 115.734 0.232
202112 0.230 117.630 0.258
202203 0.182 121.301 0.198
202206 0.227 125.017 0.239
202209 0.303 125.227 0.319
202212 0.132 125.222 0.139
202303 0.131 127.348 0.136
202306 0.231 128.729 0.236
202309 0.262 129.860 0.266
202312 0.257 129.419 0.262
202403 0.230 131.776 0.230

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


Corcept Therapeutics  (FRA:HTD) 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.

Corcept Therapeutics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.05/0.65
=38.54

* 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 Corcept Therapeutics was 679.50. The lowest was 32.11. And the median was 67.45.


Be Aware

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


Corcept Therapeutics E10 Related Terms

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


Corcept Therapeutics (FRA:HTD) Business Description

Traded in Other Exchanges
Address
149 Commonwealth Drive, Menlo Park, CA, USA, 94025
Corcept Therapeutics Inc is a commercial-stage pharmaceutical company engaged in the discovery and development of medications that treat severe metabolic, oncologic and neuropsychiatric disorders by modulating the effect of the hormone cortisol.

Corcept Therapeutics (FRA:HTD) Headlines