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Dividend 15 Split II (Dividend 15 Split II) E10 : $0.26 (As of Nov. 2022)


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What is Dividend 15 Split II 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.

Dividend 15 Split II's adjusted earnings per share data for the fiscal year that ended in Nov. 2023 was $-0.613. 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 Nov. 2023.

During the past 12 months, Dividend 15 Split II's average E10 Growth Rate was -60.30% per year. During the past 3 years, the average E10 Growth Rate was -20.10% per year. During the past 5 years, the average E10 Growth Rate was -15.00% 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 Dividend 15 Split II was 300.00% per year. The lowest was -20.10% per year. And the median was -2.10% per year.

As of today (2024-05-26), Dividend 15 Split II's current stock price is $ 3.40. Dividend 15 Split II's E10 for the fiscal year that ended in Nov. 2023 was $0.26. Dividend 15 Split II's Shiller PE Ratio of today is 13.08.

During the past 13 years, the highest Shiller PE Ratio of Dividend 15 Split II was 845.00. The lowest was 3.27. And the median was 6.89.


Dividend 15 Split II E10 Historical Data

The historical data trend for Dividend 15 Split II'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.

Dividend 15 Split II E10 Chart

Dividend 15 Split II Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.26 0.61 0.60 0.26

Dividend 15 Split II Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 Nov23
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 - 0.61 - 0.60 0.26

Competitive Comparison of Dividend 15 Split II's E10

For the Asset Management subindustry, Dividend 15 Split II'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.


Dividend 15 Split II's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend 15 Split II's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dividend 15 Split II's Shiller PE Ratio falls into.



Dividend 15 Split II 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, Dividend 15 Split II's adjusted earnings per share data for the fiscal year that ended in Nov. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.613/125.4675*125.4675
=-0.613

Current CPI (Nov. 2023) = 125.4675.

Dividend 15 Split II Annual Data

per_share_eps CPI Adj_EPS
201411 0.962 99.078 1.218
201511 -1.002 100.421 -1.252
201611 1.094 101.607 1.351
201711 0.775 103.740 0.937
201811 -0.727 105.478 -0.865
201911 1.148 107.769 1.337
202011 -1.277 108.796 -1.473
202111 1.607 113.932 1.770
202211 -0.253 121.675 -0.261
202311 -0.613 125.468 -0.613

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


Dividend 15 Split II  (OTCPK:DVDDF) 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.

Dividend 15 Split II's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.40/0.26
=13.08

* 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 Dividend 15 Split II was 845.00. The lowest was 3.27. And the median was 6.89.


Be Aware

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


Dividend 15 Split II E10 Related Terms

Thank you for viewing the detailed overview of Dividend 15 Split II's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Dividend 15 Split II (Dividend 15 Split II) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp II is a Canadian-based mutual fund corporation. The company invests in an actively managed portfolio of common shares comprised of large-capitalization dividend-yielding Canadian companies. Its investment objective for preferred shareholders is to provide fixed, cumulative, preferential quarterly cash distributions and to return the original issue price at maturity, and for class A shares holders are to provide monthly cash distributions and the opportunity for growth in Net Asset Value per share.

Dividend 15 Split II (Dividend 15 Split II) Headlines

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