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Brightcove (Brightcove) E10 : $-0.41 (As of Dec. 2023)


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What is Brightcove 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.

Brightcove's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.41 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 21.60% 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 Brightcove was 26.10% per year. The lowest was 21.60% per year. And the median was 23.85% per year.

As of today (2024-04-28), Brightcove's current stock price is $1.63. Brightcove's E10 for the quarter that ended in Dec. 2023 was $-0.41. Brightcove's Shiller PE Ratio of today is .


Brightcove E10 Historical Data

The historical data trend for Brightcove'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.

Brightcove E10 Chart

Brightcove 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 -0.94 -0.85 -0.42 -0.38 -0.41

Brightcove Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.38 -0.40 -0.40 -0.41 -0.41

Competitive Comparison of Brightcove's E10

For the Software - Application subindustry, Brightcove'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.


Brightcove's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Brightcove's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.06/129.4194*129.4194
=-0.060

Current CPI (Dec. 2023) = 129.4194.

Brightcove Quarterly Data

per share eps CPI Adj_EPS
201403 -0.160 99.695 -0.208
201406 -0.130 100.560 -0.167
201409 -0.120 100.428 -0.155
201412 -0.120 99.070 -0.157
201503 -0.090 99.621 -0.117
201506 -0.110 100.684 -0.141
201509 -0.040 100.392 -0.052
201512 0.010 99.792 0.013
201603 -0.050 100.470 -0.064
201606 -0.070 101.688 -0.089
201609 -0.050 101.861 -0.064
201612 -0.130 101.863 -0.165
201703 -0.150 102.862 -0.189
201706 -0.220 103.349 -0.275
201709 -0.160 104.136 -0.199
201712 -0.040 104.011 -0.050
201803 -0.060 105.290 -0.074
201806 -0.160 106.317 -0.195
201809 -0.100 106.507 -0.122
201812 -0.070 105.998 -0.085
201903 -0.140 107.251 -0.169
201906 -0.190 108.070 -0.228
201909 -0.080 108.329 -0.096
201912 -0.170 108.420 -0.203
202003 -0.200 108.902 -0.238
202006 -0.030 108.767 -0.036
202009 0.030 109.815 0.035
202012 0.050 109.897 0.059
202103 0.120 111.754 0.139
202106 0.020 114.631 0.023
202109 -0.020 115.734 -0.022
202112 0.010 117.630 0.011
202203 -0.040 121.301 -0.043
202206 -0.010 125.017 -0.010
202209 -0.040 125.227 -0.041
202212 -0.130 125.222 -0.134
202303 -0.280 127.348 -0.285
202306 -0.140 128.729 -0.141
202309 -0.060 129.860 -0.060
202312 -0.060 129.419 -0.060

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


Brightcove  (NAS:BCOV) 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.


Brightcove E10 Related Terms

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


Brightcove (Brightcove) Business Description

Traded in Other Exchanges
Address
281 Summer Street, Boston, MA, USA, 02210
Brightcove Inc is a provider of cloud-based services for the video ecosystem. The firm targets its solutions at media companies, broadcasters, publishers, and corporations. Brightcove Video Cloud is the firm's flagship product, enabling customers to publish and distribute video to Internet-connected devices. Video Cloud generates a significant portion of the firm's revenue through a subscription-based software-as-a-service model. Other products include Zencoder, a cloud-based video encoding service. It generates a large majority of its revenue in North America and Asia.
Executives
Marc Debevoise director, officer: Chief Executive Officer LIMELIGHT NETWORKS, 222 SOUTH MILL AVENUE, #800, TEMPE AZ 85281
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Kristin E. Frank director C/O GAIAM, INC., 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Ritcha Ranjan director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Scott Kurnit director
Diane Hessan director 2 BATTERY WHARF, #2510, BOSTON MA 02109
Thomas E Wheeler director 1250 CONNECTICUT AVE NW, CELLULAR TELECOMMUNICATIONS& INTERNET, WASHINGTON DC 20036
Jeff Ray director, officer: Chief Executive Officer C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Jonathan Brolin 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
David Plotkin officer: General Counsel, SVP BRIGHTCOVE INC., 390 CONGRESS STEET, BOSTON MA 02210
Tsedal Neeley director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Deborah M. Besemer director 257 TURNPIKE ROAD, SUITE 210, SOUTHBOROUGH MA 01772
Robert Noreck officer: Chief Financial Officer C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Chet Kapoor director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Christopher Stagno officer: PAO, VP, Corporate Controller C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02110

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