GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cardiovascular Systems Inc (FRA:R7Y1) » Definitions » E10

Cardiovascular Systems (FRA:R7Y1) E10 : €-0.77 (As of Dec. 2022)


View and export this data going back to 2012. Start your Free Trial

What is Cardiovascular Systems 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.

Cardiovascular Systems's adjusted earnings per share data for the three months ended in Dec. 2022 was €-0.189. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.77 for the trailing ten years ended in Dec. 2022.

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.

As of today (2024-05-24), Cardiovascular Systems's current stock price is €18.00. Cardiovascular Systems's E10 for the quarter that ended in Dec. 2022 was €-0.77. Cardiovascular Systems's Shiller PE Ratio of today is .


Cardiovascular Systems E10 Historical Data

The historical data trend for Cardiovascular Systems'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.

Cardiovascular Systems E10 Chart

Cardiovascular Systems Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.37 -0.83 -0.72 -0.68 -0.82

Cardiovascular Systems Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -0.75 -0.73 -0.82 -0.88 -0.77

Competitive Comparison of Cardiovascular Systems's E10

For the Medical Devices subindustry, Cardiovascular Systems'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.


Cardiovascular Systems's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cardiovascular Systems's Shiller PE Ratio distribution charts can be found below:

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



Cardiovascular Systems 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, Cardiovascular Systems's adjusted earnings per share data for the three months ended in Dec. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.189/125.2218*125.2218
=-0.189

Current CPI (Dec. 2022) = 125.2218.

Cardiovascular Systems Quarterly Data

per share eps CPI Adj_EPS
201303 -0.224 98.209 -0.286
201306 -0.212 98.518 -0.269
201309 -0.217 98.790 -0.275
201312 -0.234 98.326 -0.298
201403 -0.231 99.695 -0.290
201406 -0.228 100.560 -0.284
201409 -0.202 100.428 -0.252
201412 -0.138 99.070 -0.174
201503 -0.314 99.621 -0.395
201506 -0.241 100.684 -0.300
201509 -0.365 100.392 -0.455
201512 -0.431 99.792 -0.541
201603 -0.620 100.470 -0.773
201606 -0.134 101.688 -0.165
201609 -0.053 101.861 -0.065
201612 0.028 101.863 0.034
201703 -0.047 102.862 -0.057
201706 0.018 103.349 0.022
201709 -0.050 104.136 -0.060
201712 -0.008 104.011 -0.010
201803 0.008 105.290 0.010
201806 0.094 106.317 0.111
201809 -0.077 106.507 -0.091
201812 0.009 105.998 0.011
201903 0.018 107.251 0.021
201906 0.035 108.070 0.041
201909 -0.154 108.329 -0.178
201912 -0.090 108.420 -0.104
202003 -0.072 108.902 -0.083
202006 -0.382 108.767 -0.440
202009 -0.042 109.815 -0.048
202012 -0.001 109.897 -0.001
202103 -0.126 111.754 -0.141
202106 -0.116 114.631 -0.127
202109 -0.187 115.734 -0.202
202112 -0.204 117.630 -0.217
202203 -0.227 121.301 -0.234
202206 -0.237 125.017 -0.237
202209 -0.273 125.227 -0.273
202212 -0.189 125.222 -0.189

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


Cardiovascular Systems  (FRA:R7Y1) 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.


Cardiovascular Systems E10 Related Terms

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


Cardiovascular Systems (FRA:R7Y1) Business Description

Traded in Other Exchanges
N/A
Address
1225 Old Highway 8 Northwest, Saint Paul, MN, USA, 55112-6416
Cardiovascular Systems Inc is a medical technology company focused on patients with peripheral and coronary artery diseases. Its peripheral artery disease systems are catheter-based platforms used to treat plaque in leg arteries above and below the knee. The firm's orbital atherectomy systems are used in peripheral and coronary commercial applications. Its OAS products include the Diamondback 360 Peripheral and Stealth 360 systems. Sales of Peripheral OAS contribute the majority of revenue. Cardiovascular systems generate the vast majority of its revenue in the United States.

Cardiovascular Systems (FRA:R7Y1) Headlines

No Headlines