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Genmab A/S (WBO:GMAB) E10 : €5.75 (As of Mar. 2024)


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What is Genmab A/S 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.

Genmab A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was €2.706. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Genmab A/S's average E10 Growth Rate was 24.00% per year. During the past 3 years, the average E10 Growth Rate was 34.70% per year. During the past 5 years, the average E10 Growth Rate was 70.40% 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 Genmab A/S was 113.00% per year. The lowest was 34.70% per year. And the median was 59.30% per year.

As of today (2024-06-09), Genmab A/S's current stock price is €260.80. Genmab A/S's E10 for the quarter that ended in Mar. 2024 was €5.75. Genmab A/S's Shiller PE Ratio of today is 45.36.

During the past 13 years, the highest Shiller PE Ratio of Genmab A/S was 477.78. The lowest was 44.37. And the median was 121.59.


Genmab A/S E10 Historical Data

The historical data trend for Genmab A/S'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.

Genmab A/S E10 Chart

Genmab A/S 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 - 2.25 3.14 4.65 5.49

Genmab A/S 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 4.71 4.96 5.39 5.49 5.75

Competitive Comparison of Genmab A/S's E10

For the Biotechnology subindustry, Genmab A/S'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.


Genmab A/S's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Genmab A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Genmab A/S's Shiller PE Ratio falls into.



Genmab A/S 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, Genmab A/S'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)
=2.706/118.4000*118.4000
=2.706

Current CPI (Mar. 2024) = 118.4000.

Genmab A/S Quarterly Data

per share eps CPI Adj_EPS
201406 -0.062 99.700 -0.074
201409 0.374 99.700 0.444
201412 0.160 99.400 0.191
201503 0.488 100.200 0.577
201506 0.036 100.300 0.042
201509 0.308 100.200 0.364
201512 0.864 99.800 1.025
201603 -0.025 100.200 -0.030
201606 0.366 100.600 0.431
201609 0.411 100.200 0.486
201612 1.831 100.300 2.161
201703 0.035 101.200 0.041
201706 0.665 101.200 0.778
201709 -0.012 101.800 -0.014
201712 1.700 101.300 1.987
201803 0.430 101.700 0.501
201806 0.565 102.300 0.654
201809 0.387 102.400 0.447
201812 1.801 102.100 2.089
201903 0.157 102.900 0.181
201906 0.181 102.900 0.208
201909 1.109 102.900 1.276
201912 3.079 102.900 3.543
202003 0.547 103.300 0.627
202006 6.886 103.200 7.900
202009 1.081 103.500 1.237
202012 1.176 103.400 1.347
202103 2.233 104.300 2.535
202106 0.624 105.000 0.704
202109 1.811 105.800 2.027
202112 1.352 106.600 1.502
202203 0.948 109.900 1.021
202206 3.851 113.600 4.014
202209 5.263 116.400 5.353
202212 1.043 115.900 1.065
202303 0.429 117.300 0.433
202306 2.768 116.400 2.816
202309 4.334 117.400 4.371
202312 1.297 116.700 1.316
202403 2.706 118.400 2.706

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


Genmab A/S  (WBO:GMAB) 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.

Genmab A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=260.80/5.75
=45.36

* 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 Genmab A/S was 477.78. The lowest was 44.37. And the median was 121.59.


Be Aware

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


Genmab A/S E10 Related Terms

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


Genmab A/S (WBO:GMAB) Business Description

Address
Kalvebod Brygge 43, Copenhagen, DNK, 1560
Genmab is a Copenhagen-based biotechnology company specializing in antibody therapeutics for the treatment of cancer. Genmab's proprietary antibody technologies are DuoBody, HexaBody, DuoHexaBody, and HexElect. Johnson & Johnson partnered with Genmab to create Darzalex, which is regarded as the standard of care for multiple myeloma and is Genmab's leading product. Genmab is also the creator of Tepezza for thyroid eye disease (partnered with Horizon) and Kesimpta for relapsing multiple sclerosis (partnered with Novartis), Rybrevant (partnered with Johnson & Johnson) for non-small cell lung cancer (NSCLC), and Tivdak (partnered with Seagen) for cervical cancer. Genmab has several pipeline candidates targeting other oncologic indications.

Genmab A/S (WBO:GMAB) Headlines

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