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Enablence Technologies (TSXV:ENA) E10 : C$-4.88 (As of Mar. 2024)


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What is Enablence Technologies 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.

Enablence Technologies's adjusted earnings per share data for the three months ended in Mar. 2024 was C$-0.217. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-4.88 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 Enablence Technologies was 57.00% per year. The lowest was -27.70% per year. And the median was 5.75% per year.

As of today (2024-06-09), Enablence Technologies's current stock price is C$1.80. Enablence Technologies's E10 for the quarter that ended in Mar. 2024 was C$-4.88. Enablence Technologies's Shiller PE Ratio of today is .


Enablence Technologies E10 Historical Data

The historical data trend for Enablence Technologies'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.

Enablence Technologies E10 Chart

Enablence Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -103.19 - -15.80 -12.58 -5.74

Enablence Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -7.60 -6.62 -5.74 -5.15 -4.88

Competitive Comparison of Enablence Technologies's E10

For the Communication Equipment subindustry, Enablence Technologies'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.


Enablence Technologies's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Enablence Technologies's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Enablence Technologies's Shiller PE Ratio falls into.



Enablence Technologies 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, Enablence Technologies'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)
=-0.217/126.2576*126.2576
=-0.217

Current CPI (Mar. 2024) = 126.2576.

Enablence Technologies Quarterly Data

per share eps CPI Adj_EPS
201403 -2.666 98.604 -3.414
201406 -6.498 99.473 -8.248
201409 -1.321 99.394 -1.678
201412 -1.384 98.367 -1.776
201503 -1.514 99.789 -1.916
201506 -2.968 100.500 -3.729
201509 -1.592 100.421 -2.002
201512 -1.646 99.947 -2.079
201603 -1.587 101.054 -1.983
201606 -1.547 102.002 -1.915
201609 -1.573 101.765 -1.952
201612 -1.601 101.449 -1.993
201703 -1.607 102.634 -1.977
201706 -1.595 103.029 -1.955
201709 -0.552 103.345 -0.674
201712 -0.667 103.345 -0.815
201803 -0.565 105.004 -0.679
201806 -1.575 105.557 -1.884
201809 -0.532 105.636 -0.636
201812 -0.661 105.399 -0.792
201903 -0.694 106.979 -0.819
201906 -1.595 107.690 -1.870
201909 -0.584 107.611 -0.685
201912 -0.602 107.769 -0.705
202003 -1.675 107.927 -1.959
202006 0.000 108.401 0.000
202009 -0.461 108.164 -0.538
202012 -0.320 108.559 -0.372
202103 -0.176 110.298 -0.201
202106 -0.250 111.720 -0.283
202109 0.002 112.905 0.002
202112 3.034 113.774 3.367
202203 -0.152 117.646 -0.163
202206 -0.147 120.806 -0.154
202209 -0.160 120.648 -0.167
202212 -0.136 120.964 -0.142
202303 -0.205 122.702 -0.211
202306 -0.146 124.203 -0.148
202309 -0.176 125.230 -0.177
202403 -0.217 126.258 -0.217

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


Enablence Technologies  (TSXV:ENA) 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.


Enablence Technologies E10 Related Terms

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


Enablence Technologies (TSXV:ENA) Business Description

Traded in Other Exchanges
Address
390 March Road, Suite 119, Ottawa, ON, CAN, K2K 0G7
Enablence Technologies Inc is a company operating in an integrated optical products business. The company designs manufacture and sells optical components, primarily in the form of planar lightwave circuits on silicon-based chips. Its products are offered in telecommunications, aerospace, and bio-chemical sensing industries. Enablence products serve a global customer base, primarily focused on data centres and advanced vision end markets in which Enablence works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR and virtual and augmented reality headsets.

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