GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Indivior PLC (LSE:INDV) » Definitions » E10

Indivior (LSE:INDV) E10 : £0.67 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Indivior 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.

Indivior's adjusted earnings per share data for the three months ended in Mar. 2024 was £0.268. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Indivior's average E10 Growth Rate was -19.30% 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.

As of today (2024-05-21), Indivior's current stock price is £13.28. Indivior's E10 for the quarter that ended in Mar. 2024 was £0.67. Indivior's Shiller PE Ratio of today is 19.82.

During the past 13 years, the highest Shiller PE Ratio of Indivior was 25.57. The lowest was 15.16. And the median was 20.88.


Indivior E10 Historical Data

The historical data trend for Indivior'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.

Indivior E10 Chart

Indivior 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 - - - - 0.69

Indivior 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 0.83 0.84 0.75 0.69 0.67

Competitive Comparison of Indivior's E10

For the Drug Manufacturers - Specialty & Generic subindustry, Indivior'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.


Indivior's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indivior's Shiller PE Ratio distribution charts can be found below:

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



Indivior 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, Indivior'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)
=0.268/131.7762*131.7762
=0.268

Current CPI (Mar. 2024) = 131.7762.

Indivior Quarterly Data

per share eps CPI Adj_EPS
201406 0.473 100.560 0.620
201409 0.399 100.428 0.524
201412 0.351 99.070 0.467
201503 0.368 99.621 0.487
201506 0.289 100.684 0.378
201509 0.228 100.392 0.299
201512 0.167 99.792 0.221
201603 0.246 100.470 0.323
201606 0.282 101.688 0.365
201609 -0.799 101.861 -1.034
201612 0.400 101.863 0.517
201703 0.446 102.862 0.571
201706 0.391 103.349 0.499
201709 0.263 104.136 0.333
201712 -0.746 104.011 -0.945
201803 0.430 105.290 0.538
201806 0.338 106.317 0.419
201809 0.459 106.507 0.568
201812 0.119 105.998 0.148
201903 0.342 107.251 0.420
201906 0.395 108.070 0.482
201909 0.242 108.329 0.294
201912 -0.305 108.420 -0.371
202003 -0.889 108.902 -1.076
202006 0.080 108.767 0.097
202009 0.039 109.815 0.047
202012 -0.074 109.897 -0.089
202103 0.361 111.754 0.426
202106 0.285 114.631 0.328
202109 0.655 115.734 0.746
202112 0.188 117.630 0.211
202203 0.213 121.301 0.231
202206 0.268 125.017 0.282
202209 0.247 125.227 0.260
202212 -1.100 125.222 -1.158
202303 0.255 127.348 0.264
202306 0.214 128.729 0.219
202309 -0.792 129.860 -0.804
202312 0.300 129.419 0.305
202403 0.268 131.776 0.268

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


Indivior  (LSE:INDV) 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.

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

Shiller PE Ratio=Share Price/E10
=13.28/0.67
=19.82

* 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 Indivior was 25.57. The lowest was 15.16. And the median was 20.88.


Be Aware

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


Indivior E10 Related Terms

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


Indivior (LSE:INDV) Business Description

Traded in Other Exchanges
Address
234 Bath Road, Slough, Berkshire, GBR, SL1 4EE
Indivior PLC is a specialty and generic drug manufacturing company. The company is focused on the development, manufacture, and sale of prescription drugs based on buprenorphine for treatment of opioid dependence. The vast majority of Indivior's revenue is generated in the United States, followed by the rest of the world. The company considers merger and acquisition investment to be a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.