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Trilogy Metals (TSX:TMQ) E10 : C$-0.03 (As of Feb. 2024)


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What is Trilogy 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.

Trilogy Metals's adjusted earnings per share data for the three months ended in Feb. 2024 was C$-0.027. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.03 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average E10 Growth Rate was 43.90% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Trilogy Metals was 43.90% per year. The lowest was 43.90% per year. And the median was 43.90% per year.

As of today (2024-05-15), Trilogy Metals's current stock price is C$0.72. Trilogy Metals's E10 for the quarter that ended in Feb. 2024 was C$-0.03. Trilogy Metals's Shiller PE Ratio of today is .


Trilogy Metals E10 Historical Data

The historical data trend for Trilogy 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.

Trilogy Metals E10 Chart

Trilogy Metals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.17 -0.13 -0.08 -0.03

Trilogy Metals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.06 -0.04 -0.03 -0.03

Competitive Comparison of Trilogy Metals's E10

For the Other Industrial Metals & Mining subindustry, Trilogy 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.


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

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

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



Trilogy 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, Trilogy Metals's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.027/125.4675*125.4675
=-0.027

Current CPI (Feb. 2024) = 125.4675.

Trilogy Metals Quarterly Data

per share eps CPI Adj_EPS
201405 -0.044 99.394 -0.056
201408 -0.055 99.315 -0.069
201411 -0.034 99.078 -0.043
201502 -0.037 99.078 -0.047
201505 -0.037 100.263 -0.046
201508 -0.053 100.579 -0.066
201511 -0.027 100.421 -0.034
201602 -0.028 100.421 -0.035
201605 -0.013 101.765 -0.016
201608 -0.052 101.686 -0.064
201611 0.027 101.607 0.033
201702 -0.039 102.476 -0.048
201705 -0.027 103.108 -0.033
201708 -0.113 103.108 -0.138
201711 -0.077 103.740 -0.093
201802 -0.038 104.688 -0.046
201805 -0.039 105.399 -0.046
201808 -0.104 106.031 -0.123
201811 -0.053 105.478 -0.063
201902 -0.040 106.268 -0.047
201905 -0.054 107.927 -0.063
201908 -0.119 108.085 -0.138
201911 -0.066 107.769 -0.077
202002 1.541 108.559 1.781
202005 -0.028 107.532 -0.033
202008 -0.026 108.243 -0.030
202011 -0.039 108.796 -0.045
202102 -0.038 109.745 -0.043
202105 -0.024 111.404 -0.027
202108 -0.063 112.668 -0.070
202111 -0.050 113.932 -0.055
202202 -0.038 115.986 -0.041
202205 -0.039 120.016 -0.041
202208 -0.090 120.569 -0.094
202211 -0.054 121.675 -0.056
202302 -0.040 122.070 -0.041
202305 -0.027 124.045 -0.027
202308 -0.040 125.389 -0.040
202311 -0.027 125.468 -0.027
202402 -0.027 125.468 -0.027

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


Trilogy Metals  (TSX:TMQ) 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.


Trilogy Metals E10 Related Terms

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


Trilogy Metals (TSX:TMQ) Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 1150, Vancouver, BC, CAN, V7Y 1G5
Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties have the Arctic copper-zinc- lead-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.
Executives
Elaine Sanders Senior Officer