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Imperial Metals (TSX:III) E10 : C$-0.15 (As of Mar. 2024)


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What is Imperial Metals 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.

Imperial Metals's adjusted earnings per share data for the three months ended in Mar. 2024 was C$-0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.15 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 Imperial Metals was 104.10% per year. The lowest was -41.90% per year. And the median was 12.35% per year.

As of today (2024-05-22), Imperial Metals's current stock price is C$2.64. Imperial Metals's E10 for the quarter that ended in Mar. 2024 was C$-0.15. Imperial Metals's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Imperial Metals was 290.00. The lowest was 5.19. And the median was 23.45.


Imperial Metals E10 Historical Data

The historical data trend for Imperial Metals'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.

Imperial Metals E10 Chart

Imperial Metals 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 0.21 0.15 0.06 -0.04 -0.14

Imperial Metals 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 -0.07 -0.09 -0.12 -0.14 -0.15

Competitive Comparison of Imperial Metals's E10

For the Copper subindustry, Imperial Metals'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.


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

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

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



Imperial Metals 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, Imperial Metals'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)
=-0.06/126.2576*126.2576
=-0.060

Current CPI (Mar. 2024) = 126.2576.

Imperial Metals Quarterly Data

per share eps CPI Adj_EPS
201406 0.195 99.473 0.248
201409 -0.646 99.394 -0.821
201412 -0.117 98.367 -0.150
201503 -0.440 99.789 -0.557
201506 0.020 100.500 0.025
201509 -0.362 100.421 -0.455
201512 -0.440 99.947 -0.556
201603 0.215 101.054 0.269
201606 -0.049 102.002 -0.061
201609 -0.245 101.765 -0.304
201612 -0.565 101.449 -0.703
201703 -0.198 102.634 -0.244
201706 1.049 103.029 1.286
201709 -0.020 103.345 -0.024
201712 -0.030 103.345 -0.037
201803 -0.139 105.004 -0.167
201806 -0.307 105.557 -0.367
201809 -0.238 105.636 -0.284
201812 -0.366 105.399 -0.438
201903 -0.020 106.979 -0.024
201906 -0.059 107.690 -0.069
201909 2.673 107.611 3.136
201912 -0.119 107.769 -0.139
202003 -0.049 107.927 -0.057
202006 -0.001 108.401 -0.001
202009 0.050 108.164 0.058
202012 -0.040 108.559 -0.047
202103 -0.020 110.298 -0.023
202106 -0.040 111.720 -0.045
202109 -0.030 112.905 -0.034
202112 -0.100 113.774 -0.111
202203 -0.050 117.646 -0.054
202206 -0.210 120.806 -0.219
202209 -0.180 120.648 -0.188
202212 -0.070 120.964 -0.073
202303 -0.050 122.702 -0.051
202306 -0.100 124.203 -0.102
202309 -0.020 125.230 -0.020
202312 -0.060 125.072 -0.061
202403 -0.060 126.258 -0.060

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


Imperial Metals  (TSX:III) 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 Imperial Metals was 290.00. The lowest was 5.19. And the median was 23.45.


Be Aware

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


Imperial Metals E10 Related Terms

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


Imperial Metals (TSX:III) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 200, Vancouver, BC, CAN, V6C 3B6
Imperial Metals Corp is a mining company mainly engaged in the exploration, development, and production of base and precious metals from Canadian mineral properties. It operates through four segments which include Red Chris, Mount Polley, Huckleberry, and Corporate. The company's properties include the Red Chris copper/gold mine in northwest British Columbia; the Mount Polley copper/gold mine in central British Columbia, and the Huckleberry copper mine in northern British Columbia. It explores copper, gold, silver, and other minerals in which copper is the company's principal product.
Executives
L.l.c. Fairholme Capital Management 10% Security Holder