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Marin Software (Marin Software) E10 : $-26.22 (As of Mar. 2024)


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What is Marin Software 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.

Marin Software's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-26.22 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 27.20% 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 Marin Software was 27.20% per year. The lowest was 27.20% per year. And the median was 27.20% per year.

As of today (2024-06-07), Marin Software's current stock price is $2.47. Marin Software's E10 for the quarter that ended in Mar. 2024 was $-26.22. Marin Software's Shiller PE Ratio of today is .


Marin Software E10 Historical Data

The historical data trend for Marin Software'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.

Marin Software E10 Chart

Marin Software 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 - -69.93 -64.95 -37.25 -27.03

Marin Software 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 -30.30 -29.29 -28.34 -27.03 -26.22

Competitive Comparison of Marin Software's E10

For the Software - Application subindustry, Marin Software'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.


Marin Software's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Marin Software's Shiller PE Ratio distribution charts can be found below:

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



Marin Software 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, Marin Software'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)
=-0.8/131.7762*131.7762
=-0.800

Current CPI (Mar. 2024) = 131.7762.

Marin Software Quarterly Data

per share eps CPI Adj_EPS
201406 -8.400 100.560 -11.008
201409 -11.340 100.428 -14.880
201412 -10.500 99.070 -13.966
201503 -11.340 99.621 -15.000
201506 -13.860 100.684 -18.140
201509 -10.920 100.392 -14.334
201512 -2.520 99.792 -3.328
201603 -5.040 100.470 -6.610
201606 -5.040 101.688 -6.531
201609 -3.301 101.861 -4.270
201612 -5.040 101.863 -6.520
201703 -6.600 102.862 -8.455
201706 -11.220 103.349 -14.306
201709 -8.040 104.136 -10.174
201712 -7.680 104.011 -9.730
201803 -9.540 105.290 -11.940
201806 -8.640 106.317 -10.709
201809 -22.260 106.507 -27.541
201812 -2.880 105.998 -3.580
201903 -4.620 107.251 -5.676
201906 -3.900 108.070 -4.756
201909 -2.940 108.329 -3.576
201912 -0.480 108.420 -0.583
202003 -3.480 108.902 -4.211
202006 -3.000 108.767 -3.635
202009 -3.480 109.815 -4.176
202012 -1.740 109.897 -2.086
202103 -1.260 111.754 -1.486
202106 -1.380 114.631 -1.586
202109 -1.320 115.734 -1.503
202112 -1.980 117.630 -2.218
202203 -0.780 121.301 -0.847
202206 -2.040 125.017 -2.150
202209 -2.160 125.227 -2.273
202212 -1.860 125.222 -1.957
202303 -2.010 127.348 -2.080
202306 -2.040 128.729 -2.088
202309 -1.680 129.860 -1.705
202312 -1.740 129.419 -1.772
202403 -0.800 131.776 -0.800

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


Marin Software  (NAS:MRIN) 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.


Be Aware

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


Marin Software E10 Related Terms

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


Marin Software (Marin Software) Business Description

Traded in Other Exchanges
Address
845 Market Street, Suite 450, San Francisco, CA, USA, 94103
Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social and mobile advertising channels to improve financial performance, realize efficiencies and time savings and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.
Executives
Robert Bertz officer: CFO 123 MISSION STREET, 27TH FLOOR, SAN FRANCISCO CA 94105
Christopher A. Lien director, officer: Chief Executive Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Diena Lee Mann director C/O MARIN SOFTWARE INC., 123 MISSION ST, 25TH FLOOR, SAN FRANCISCO CA 94105
Brian K Kinion director C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Donald P. Hutchison director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94104
Wister Walcott officer: EVP, Products and Platform C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
L Gordon Crovitz director
Esw Capital, Llc 10 percent owner 401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Joseph Liemandt 10 percent owner 5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Yagnesh Patel officer: VP,InterimPrinFin&AcctgOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bradley Kinnish officer: VP Finance, Acting CFO C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bruce Dunlevie director, 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Catriona M. Fallon officer: Chief Financial Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Jugnu Bhatia officer: Controller,InterimPrinAcctgOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Parveen Nandal officer: VP Fin,InterimPrinFinanOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105