GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Bavarian Nordic A/S (OCSE:BAVA) » Definitions » E10

Bavarian Nordic A/S (OCSE:BAVA) E10 : kr-0.01 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Bavarian Nordic A/S 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.

Bavarian Nordic A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-1.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-0.01 for the trailing ten years ended in Mar. 2024.

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 Bavarian Nordic A/S was 32.10% per year. The lowest was 27.90% per year. And the median was 29.20% per year.

As of today (2024-06-02), Bavarian Nordic A/S's current stock price is kr184.85. Bavarian Nordic A/S's E10 for the quarter that ended in Mar. 2024 was kr-0.01. Bavarian Nordic A/S's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Bavarian Nordic A/S was 1267.86. The lowest was 1103.57. And the median was 1137.14.


Bavarian Nordic A/S E10 Historical Data

The historical data trend for Bavarian Nordic A/S'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.

Bavarian Nordic A/S E10 Chart

Bavarian Nordic A/S 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 -5.68 -2.36 -2.18 -2.02 0.14

Bavarian Nordic A/S 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 -1.39 -0.64 -1.16 0.14 -0.01

Competitive Comparison of Bavarian Nordic A/S's E10

For the Biotechnology subindustry, Bavarian Nordic A/S'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.


Bavarian Nordic A/S's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bavarian Nordic A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bavarian Nordic A/S's Shiller PE Ratio falls into.



Bavarian Nordic A/S 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, Bavarian Nordic A/S'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)
=-1.5/118.4000*118.4000
=-1.500

Current CPI (Mar. 2024) = 118.4000.

Bavarian Nordic A/S Quarterly Data

per share eps CPI Adj_EPS
201406 -1.661 99.700 -1.973
201409 -0.554 99.700 -0.658
201412 3.006 99.400 3.581
201503 1.266 100.200 1.496
201506 1.740 100.300 2.054
201509 -1.424 100.200 -1.683
201512 0.000 99.800 0.000
201603 -3.639 100.200 -4.300
201606 -0.712 100.600 -0.838
201609 2.531 100.200 2.991
201612 2.294 100.300 2.708
201703 -0.158 101.200 -0.185
201706 1.187 101.200 1.389
201709 8.069 101.800 9.385
201712 -4.667 101.300 -5.455
201803 -4.509 101.700 -5.249
201806 -2.690 102.300 -3.113
201809 0.791 102.400 0.915
201812 -2.452 102.100 -2.843
201903 -3.100 102.900 -3.567
201906 -3.200 102.900 -3.682
201909 -3.100 102.900 -3.567
201912 -1.123 102.900 -1.292
202003 12.600 103.300 14.442
202006 2.200 103.200 2.524
202009 0.500 103.500 0.572
202012 -7.300 103.400 -8.359
202103 -2.200 104.300 -2.497
202106 -2.400 105.000 -2.706
202109 -1.300 105.800 -1.455
202112 -1.600 106.600 -1.777
202203 -3.900 109.900 -4.202
202206 -3.400 113.600 -3.544
202209 0.200 116.400 0.203
202212 2.200 115.900 2.247
202303 5.100 117.300 5.148
202306 7.100 116.400 7.222
202309 -4.400 117.400 -4.437
202312 11.700 116.700 11.870
202403 -1.500 118.400 -1.500

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


Bavarian Nordic A/S  (OCSE:BAVA) 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.

During the past 13 years, the highest Shiller P/E Ratio of Bavarian Nordic A/S was 1267.86. The lowest was 1103.57. And the median was 1137.14.


Be Aware

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


Bavarian Nordic A/S E10 Related Terms

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


Bavarian Nordic A/S (OCSE:BAVA) Business Description

Traded in Other Exchanges
Address
Philip Heymans Alle 3, Hellerup, DNK, DK-2900
Bavarian Nordic A/S is a biotechnology company focused on the development, manufacturing, and commercialization of cancer immunotherapies and vaccines for infectious diseases. The company has a specific focus on diseases for which the unmet medical need is high. Bavarian generates revenue through government research and development and supply contracts, and from its commercial partnerships. The vast majority of the company's revenue is generated in the United States, Germany, and other geographic markets.

Bavarian Nordic A/S (OCSE:BAVA) Headlines

No Headlines