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ClearOne (ClearOne) E10 : $-0.26 (As of Dec. 2023)


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What is ClearOne 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.

ClearOne's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.26 for the trailing ten years ended in Dec. 2023.

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 ClearOne was 115.40% per year. The lowest was -31.40% per year. And the median was 14.50% per year.

As of today (2024-05-01), ClearOne's current stock price is $0.9237. ClearOne's E10 for the quarter that ended in Dec. 2023 was $-0.26. ClearOne's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of ClearOne was 167.80. The lowest was 3.53. And the median was 13.20.


ClearOne E10 Historical Data

The historical data trend for ClearOne'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.

ClearOne E10 Chart

ClearOne 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 0.25 0.22 0.10 -0.18 -0.26

ClearOne 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 -0.18 -0.20 -0.22 -0.25 -0.26

Competitive Comparison of ClearOne's E10

For the Communication Equipment subindustry, ClearOne'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.


ClearOne's Shiller PE Ratio Distribution in the Hardware Industry

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

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



ClearOne 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, ClearOne'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)
=0.11/129.4194*129.4194
=0.110

Current CPI (Dec. 2023) = 129.4194.

ClearOne Quarterly Data

per share eps CPI Adj_EPS
201403 0.050 99.695 0.065
201406 0.090 100.560 0.116
201409 0.170 100.428 0.219
201412 0.280 99.070 0.366
201503 0.130 99.621 0.169
201506 0.160 100.684 0.206
201509 0.250 100.392 0.322
201512 0.160 99.792 0.208
201603 0.140 100.470 0.180
201606 0.100 101.688 0.127
201609 0.130 101.861 0.165
201612 -0.120 101.863 -0.152
201703 -0.050 102.862 -0.063
201706 -0.090 103.349 -0.113
201709 -1.090 104.136 -1.355
201712 -0.430 104.011 -0.535
201803 -0.220 105.290 -0.270
201806 -0.260 106.317 -0.316
201809 -1.220 106.507 -1.482
201812 -0.230 105.998 -0.281
201903 -0.140 107.251 -0.169
201906 -0.130 108.070 -0.156
201909 -0.120 108.329 -0.143
201912 -0.120 108.420 -0.143
202003 -0.110 108.902 -0.131
202006 -0.120 108.767 -0.143
202009 -0.070 109.815 -0.082
202012 0.290 109.897 0.342
202103 -0.090 111.754 -0.104
202106 -0.080 114.631 -0.090
202109 -0.110 115.734 -0.123
202112 -0.100 117.630 -0.110
202203 -0.080 121.301 -0.085
202206 -0.010 125.017 -0.010
202209 -0.050 125.227 -0.052
202212 0.970 125.222 1.003
202303 -0.030 127.348 -0.030
202306 -0.040 128.729 -0.040
202309 -0.060 129.860 -0.060
202312 0.110 129.419 0.110

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


ClearOne  (NAS:CLRO) 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.

During the past 13 years, the highest Shiller P/E Ratio of ClearOne was 167.80. The lowest was 3.53. And the median was 13.20.


Be Aware

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


ClearOne E10 Related Terms

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


ClearOne (ClearOne) Business Description

Traded in Other Exchanges
N/A
Address
5225 Wiley Post Way, Suite 500, Salt Lake City, UT, USA, 84116
ClearOne Inc is a communications solutions company, which is engaged in designing, developing, and selling conferencing, collaboration, streaming, and digital signage solutions for audio, video, and visual communication. It sells its commercial products to end-users primarily through a network of independent distributors, who in turn sells its products to dealers, systems integrators, and other resellers. Its products include professional audio, network media streaming, and professional microphones. Geographically the firm has its business presence across the US and international market.
Executives
Edward D Bagley director, 10 percent owner 2350 OAK HILL LANE, SALT LAKE CITY UT 84121
Larry Hendricks director 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Derek Graham officer: Interim CEO C/O CLEARONE, INC., 5225 WILEY POST WAY, STE. 500, SALT LAKE CITY UT 84116
Clearone, Inc. officer: Interim CEO 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Zeynep Hakimoglu officer: VP of Product Management 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Bruce Whaley director C/O CLEARONE, EDGEWATER CORPORATE PARK, S. TOWER, 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Narasimhan Narayanan officer: VP FINANCE 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Lisa Higley director C/O CLEARONE INC., 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
E Bryan Bagley 10 percent owner 1470 ARLINGTON DR, SALT LAKE CITY UT 84103
Scott Huntsman director 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Brad Baldwin director 3607 APPLEMILL COVE, SALT LAKE CITY UT 84109
Eric L Robinson director 551 EAST INDIAN SPRINGS ROAD, BOUNTIFUL UT 84010
Michael J Braithwaite officer: SVP 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Joseph Paul Sorrentino officer: EXEC VP OF SALES 1825 RESEARCH WAY, SALT LAKE CITY UT 84119
Mark Allen Fletcher officer: VP OF WORLDWIDE SALES 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116