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Viskase (Viskase) E10 : $0.27 (As of Sep. 2023)


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What is Viskase 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.

Viskase's adjusted earnings per share data for the three months ended in Sep. 2023 was $-0.005. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.27 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Viskase's average E10 Growth Rate was 12.50% per year. During the past 3 years, the average E10 Growth Rate was -25.30% per year. During the past 5 years, the average E10 Growth Rate was -36.30% 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 Viskase was 28.50% per year. The lowest was -46.60% per year. And the median was 9.35% per year.

As of today (2024-05-26), Viskase's current stock price is $2.01. Viskase's E10 for the quarter that ended in Sep. 2023 was $0.27. Viskase's Shiller PE Ratio of today is 7.44.

During the past 13 years, the highest Shiller PE Ratio of Viskase was 18.38. The lowest was 1.83. And the median was 6.05.


Viskase E10 Historical Data

The historical data trend for Viskase'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.

Viskase E10 Chart

Viskase Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 0.48 0.20 0.23 0.20

Viskase Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep22 Sep23
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 0.24 0.26 0.20 0.26 0.27

Competitive Comparison of Viskase's E10

For the Packaging & Containers subindustry, Viskase'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.


Viskase's Shiller PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Viskase's Shiller PE Ratio distribution charts can be found below:

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



Viskase 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, Viskase's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.005/129.8595*129.8595
=-0.005

Current CPI (Sep. 2023) = 129.8595.

Viskase Quarterly Data

per share eps CPI Adj_EPS
200812 -0.061 88.697 -0.089
200903 0.099 89.744 0.143
200906 0.104 91.003 0.148
200909 0.245 91.120 0.349
200912 0.019 91.111 0.027
201003 0.156 91.821 0.221
201006 0.107 91.962 0.151
201009 0.075 92.162 0.106
201012 0.079 92.474 0.111
201103 0.056 94.283 0.077
201106 0.160 95.235 0.218
201109 0.037 95.727 0.050
201112 -0.042 95.213 -0.057
201212 0.000 96.871 0.000
201303 0.083 98.209 0.110
201306 -0.432 98.518 -0.569
201309 0.093 98.790 0.122
201312 1.094 98.326 1.445
201403 -0.161 99.695 -0.210
201406 0.149 100.560 0.192
201409 0.100 100.428 0.129
201412 0.172 99.070 0.225
201503 0.013 99.621 0.017
201506 0.137 100.684 0.177
201509 -0.043 100.392 -0.056
201512 -0.073 99.792 -0.095
201603 0.019 100.470 0.025
201606 0.078 101.688 0.100
201609 0.057 101.861 0.073
201612 -0.003 101.863 -0.004
201703 0.045 102.862 0.057
201706 0.053 103.349 0.067
201709 0.121 104.136 0.151
201712 -0.341 104.011 -0.426
201803 -0.054 105.290 -0.067
201806 -0.011 106.317 -0.013
201809 -0.195 106.507 -0.238
201812 -0.006 105.998 -0.007
202209 -0.032 125.227 -0.033
202309 -0.005 129.860 -0.005

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


Viskase  (OTCPK:VKSC) 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.

Viskase's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.01/0.27
=7.44

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Viskase was 18.38. The lowest was 1.83. And the median was 6.05.


Be Aware

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


Viskase E10 Related Terms

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


Viskase (Viskase) Business Description

Traded in Other Exchanges
N/A
Address
333 East Butterfield Road, Suite 400, Lombard, IL, USA, 60148-5679
Viskase Companies Inc together with its subsidiaries manufactures and distributes non-edible cellulosic food casings used to prepare and package processed meat products. It offers cellulose, fibrous, polyamide casings, and film under the brand NOJAX, VISCOAT, MOKE MASTER, COLOR MASTER, POLYJAX, and others. The company's geographical segments are located in North America, South America, Europe, and Asia. The majority of its revenue is derived from North America.

Viskase (Viskase) Headlines

From GuruFocus

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