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Genie Energy (LTS:0IUS) E10 : $0.37 (As of Mar. 2024)


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What is Genie Energy 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.

Genie Energy's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Genie Energy's average E10 Growth Rate was 60.90% 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.

As of today (2024-05-26), Genie Energy's current stock price is $15.16. Genie Energy's E10 for the quarter that ended in Mar. 2024 was $0.37. Genie Energy's Shiller PE Ratio of today is 40.97.

During the past 13 years, the highest Shiller PE Ratio of Genie Energy was 536.00. The lowest was 39.29. And the median was 66.71.


Genie Energy E10 Historical Data

The historical data trend for Genie Energy'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.

Genie Energy E10 Chart

Genie Energy 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 - -0.32 -0.18 0.17 0.30

Genie Energy 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 0.22 0.34 0.39 0.30 0.37

Competitive Comparison of Genie Energy's E10

For the Utilities - Regulated Electric subindustry, Genie Energy'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.


Genie Energy's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Genie Energy's Shiller PE Ratio distribution charts can be found below:

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



Genie Energy 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, Genie Energy'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)
=0.3/131.7762*131.7762
=0.300

Current CPI (Mar. 2024) = 131.7762.

Genie Energy Quarterly Data

per share eps CPI Adj_EPS
201406 -0.240 100.560 -0.315
201409 -0.220 100.428 -0.289
201412 -0.500 99.070 -0.665
201503 -0.110 99.621 -0.146
201506 -0.220 100.684 -0.288
201509 0.100 100.392 0.131
201512 -0.180 99.792 -0.238
201603 0.220 100.470 0.289
201606 0.100 101.688 0.130
201609 -1.430 101.861 -1.850
201612 -0.050 101.863 -0.065
201703 0.180 102.862 0.231
201706 -0.550 103.349 -0.701
201709 0.020 104.136 0.025
201712 -0.010 104.011 -0.013
201803 0.240 105.290 0.300
201806 -0.090 106.317 -0.112
201809 0.210 106.507 0.260
201812 0.470 105.998 0.584
201903 0.210 107.251 0.258
201906 -0.290 108.070 -0.354
201909 0.180 108.329 0.219
201912 0.000 108.420 0.000
202003 0.200 108.902 0.242
202006 0.060 108.767 0.073
202009 0.240 109.815 0.288
202012 -0.060 109.897 -0.072
202103 -0.090 111.754 -0.106
202106 0.190 114.631 0.218
202109 -0.100 115.734 -0.114
202112 1.050 117.630 1.176
202203 0.670 121.301 0.728
202206 1.300 125.017 1.370
202209 0.700 125.227 0.737
202212 0.610 125.222 0.642
202303 0.540 127.348 0.559
202306 0.570 128.729 0.583
202309 0.530 129.860 0.538
202312 -0.960 129.419 -0.977
202403 0.300 131.776 0.300

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


Genie Energy  (LTS:0IUS) 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.

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

Shiller PE Ratio=Share Price/E10
=15.16/0.37
=40.97

* 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 Genie Energy was 536.00. The lowest was 39.29. And the median was 66.71.


Be Aware

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


Genie Energy E10 Related Terms

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


Genie Energy (LTS:0IUS) Business Description

Traded in Other Exchanges
Address
520 Broad Street, Newark, NJ, USA, 07102
Genie Energy, through its subsidiaries, operates primarily as a global retail energy provider. It operates two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management.

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