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Staar Surgical Co (FRA:SR3) E10 : €0.14 (As of Mar. 2024)


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What is Staar Surgical Co 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.

Staar Surgical Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.064. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Staar Surgical Co's average E10 Growth Rate was 36.40% 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 Staar Surgical Co was 46.90% per year. The lowest was -87.30% per year. And the median was 14.80% per year.

As of today (2024-06-06), Staar Surgical Co's current stock price is €36.73. Staar Surgical Co's E10 for the quarter that ended in Mar. 2024 was €0.14. Staar Surgical Co's Shiller PE Ratio of today is 262.36.

During the past 13 years, the highest Shiller PE Ratio of Staar Surgical Co was 12779.00. The lowest was 185.47. And the median was 638.64.


Staar Surgical Co E10 Historical Data

The historical data trend for Staar Surgical Co'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.

Staar Surgical Co E10 Chart

Staar Surgical Co 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 -0.04 -0.02 0.02 0.09 0.14

Staar Surgical Co 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 0.10 0.11 0.12 0.14 0.14

Competitive Comparison of Staar Surgical Co's E10

For the Medical Instruments & Supplies subindustry, Staar Surgical Co'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.


Staar Surgical Co's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Staar Surgical Co's Shiller PE Ratio falls into.



Staar Surgical Co 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, Staar Surgical Co'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)
=-0.064/131.7762*131.7762
=-0.064

Current CPI (Mar. 2024) = 131.7762.

Staar Surgical Co Quarterly Data

per share eps CPI Adj_EPS
201406 -0.037 100.560 -0.048
201409 -0.054 100.428 -0.071
201412 -0.057 99.070 -0.076
201503 -0.055 99.621 -0.073
201506 -0.036 100.684 -0.047
201509 -0.036 100.392 -0.047
201512 -0.018 99.792 -0.024
201603 -0.180 100.470 -0.236
201606 -0.045 101.688 -0.058
201609 -0.036 101.861 -0.047
201612 -0.004 101.863 -0.005
201703 -0.047 102.862 -0.060
201706 -0.018 103.349 -0.023
201709 0.025 104.136 0.032
201712 -0.003 104.011 -0.004
201803 0.008 105.290 0.010
201806 0.034 106.317 0.042
201809 0.026 106.507 0.032
201812 0.018 105.998 0.022
201903 0.027 107.251 0.033
201906 0.071 108.070 0.087
201909 0.045 108.329 0.055
201912 0.126 108.420 0.153
202003 -0.003 108.902 -0.004
202006 -0.027 108.767 -0.033
202009 0.068 109.815 0.082
202012 0.058 109.897 0.070
202103 0.084 111.754 0.099
202106 0.141 114.631 0.162
202109 0.102 115.734 0.116
202112 0.089 117.630 0.100
202203 0.173 121.301 0.188
202206 0.246 125.017 0.259
202209 0.212 125.227 0.223
202212 0.113 125.222 0.119
202303 0.047 127.348 0.049
202306 0.111 128.729 0.114
202309 0.094 129.860 0.095
202312 0.147 129.419 0.150
202403 -0.064 131.776 -0.064

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


Staar Surgical Co  (FRA:SR3) 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.

Staar Surgical Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=36.73/0.14
=262.36

* 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 Staar Surgical Co was 12779.00. The lowest was 185.47. And the median was 638.64.


Be Aware

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


Staar Surgical Co E10 Related Terms

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


Staar Surgical Co (FRA:SR3) Business Description

Traded in Other Exchanges
Address
25651 Atlantic Ocean Drive, Lake Forest, CA, USA, 92630
Staar Surgical Co is a manufacturer of lenses. It designs, develops, manufactures, and sells implantable lenses for the eye and delivery systems used to deliver the lenses into the eye. The company also make lenses which are used in surgery that treats cataracts. The company offers products are ICLs used in refractive surgery and IOLs used in cataract surgery. The company generated sales are from the ophthalmic surgical product segment.

Staar Surgical Co (FRA:SR3) Headlines

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