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Thesis Gold (Thesis Gold) E10 : $-0.13 (As of Nov. 2023)


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What is Thesis Gold 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.

Thesis Gold's adjusted earnings per share data for the three months ended in Nov. 2023 was $0.015. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.13 for the trailing ten years ended in Nov. 2023.

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 (2024-06-10), Thesis Gold's current stock price is $0.544548. Thesis Gold's E10 for the quarter that ended in Nov. 2023 was $-0.13. Thesis Gold's Shiller PE Ratio of today is .


Thesis Gold E10 Historical Data

The historical data trend for Thesis Gold'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.

Thesis Gold E10 Chart

Thesis Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.17 -

Thesis Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -0.16 - -0.15 -0.15 -0.13

Competitive Comparison of Thesis Gold's E10

For the Other Industrial Metals & Mining subindustry, Thesis Gold'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.


Thesis Gold's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Thesis Gold's Shiller PE Ratio distribution charts can be found below:

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



Thesis Gold 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, Thesis Gold's adjusted earnings per share data for the three months ended in Nov. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.015/125.4675*125.4675
=0.015

Current CPI (Nov. 2023) = 125.4675.

Thesis Gold Quarterly Data

per share eps CPI Adj_EPS
201402 -0.018 98.051 -0.023
201405 -0.072 99.394 -0.091
201408 -0.071 99.315 -0.090
201411 -0.028 99.078 -0.035
201502 -0.062 99.078 -0.079
201505 -0.002 100.263 -0.003
201508 -0.016 100.579 -0.020
201511 -0.016 100.421 -0.020
201602 0.000 100.421 0.000
201605 -0.015 101.765 -0.018
201608 -0.012 101.686 -0.015
201611 -0.058 101.607 -0.072
201702 -0.099 102.476 -0.121
201705 -0.019 103.108 -0.023
201708 -0.021 103.108 -0.026
201711 -0.061 103.740 -0.074
201802 -0.021 104.688 -0.025
201805 -0.040 105.399 -0.048
201808 -0.040 106.031 -0.047
201811 -0.039 105.478 -0.046
201902 -0.039 106.268 -0.046
201905 -0.019 107.927 -0.022
201908 -0.020 108.085 -0.023
201911 -0.020 107.769 -0.023
202002 -0.059 108.559 -0.068
202005 -0.037 107.532 -0.043
202008 0.001 108.243 0.001
202011 0.020 108.796 0.023
202102 -0.072 109.745 -0.082
202105 -0.010 111.404 -0.011
202108 -0.041 112.668 -0.046
202111 -0.005 113.932 -0.006
202202 -0.082 115.986 -0.089
202205 0.004 120.016 0.004
202208 -0.020 120.569 -0.021
202211 -0.019 121.675 -0.020
202302 0.000 122.070 0.000
202305 -0.003 124.045 -0.003
202308 -0.007 125.389 -0.007
202311 0.015 125.468 0.015

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


Thesis Gold  (OTCPK:THSGF) 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.


Thesis Gold E10 Related Terms

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


Thesis Gold (Thesis Gold) Business Description

Traded in Other Exchanges
Address
10545-45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9
Thesis Gold Inc Formerly Benchmark Metals Inc is a gold and silver company advancing its 100% owned Lawyer's Gold-Silver Project located in the Golden Horseshoe of northern British Columbia, Canada. The project consists of three mineralized deposits that remain open for expansion, in addition to plus 20 new target areas along the 20-kilometre trend.