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GoPro (GPRO) E10 : $-0.35 (As of Dec. 2023)


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What is GoPro 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.

GoPro's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.35 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.

As of today (2024-04-28), GoPro's current stock price is $1.73. GoPro's E10 for the quarter that ended in Dec. 2023 was $-0.35. GoPro's Shiller PE Ratio of today is .


GoPro E10 Historical Data

The historical data trend for GoPro'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.

GoPro E10 Chart

GoPro 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 - - - -0.26 -0.35

GoPro 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 -0.26 -0.30 -0.31 -0.31 -0.35

Competitive Comparison of GoPro's E10

For the Consumer Electronics subindustry, GoPro'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.


GoPro's Shiller PE Ratio Distribution in the Hardware Industry

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

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



GoPro 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, GoPro'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)
=-0.02/129.4194*129.4194
=-0.020

Current CPI (Dec. 2023) = 129.4194.

GoPro Quarterly Data

per share eps CPI Adj_EPS
201403 0.065 99.695 0.084
201406 -0.240 100.560 -0.309
201409 0.100 100.428 0.129
201412 0.830 99.070 1.084
201503 0.110 99.621 0.143
201506 0.240 100.684 0.308
201509 0.130 100.392 0.168
201512 -0.250 99.792 -0.324
201603 -0.780 100.470 -1.005
201606 -0.660 101.688 -0.840
201609 -0.740 101.861 -0.940
201612 -0.830 101.863 -1.055
201703 -0.780 102.862 -0.981
201706 -0.220 103.349 -0.275
201709 0.100 104.136 0.124
201712 -0.410 104.011 -0.510
201803 -0.550 105.290 -0.676
201806 -0.270 106.317 -0.329
201809 -0.190 106.507 -0.231
201812 0.220 105.998 0.269
201903 -0.170 107.251 -0.205
201906 -0.080 108.070 -0.096
201909 -0.510 108.329 -0.609
201912 0.650 108.420 0.776
202003 -0.430 108.902 -0.511
202006 -0.340 108.767 -0.405
202009 0.020 109.815 0.024
202012 0.280 109.897 0.330
202103 -0.070 111.754 -0.081
202106 0.100 114.631 0.113
202109 1.920 115.734 2.147
202112 0.320 117.630 0.352
202203 0.040 121.301 0.043
202206 0.020 125.017 0.021
202209 0.100 125.227 0.103
202212 0.020 125.222 0.021
202303 -0.190 127.348 -0.193
202306 -0.110 128.729 -0.111
202309 -0.020 129.860 -0.020
202312 -0.020 129.419 -0.020

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


GoPro  (NAS:GPRO) 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.


GoPro E10 Related Terms

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


GoPro (GPRO) Business Description

Address
3025 Clearview Way, San Mateo, CA, USA, 94402
GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts, drones and appliances. The company outsources a part of manufacturing to third parties in China. The company sells products across the world through its direct sales channel, which generates over half of total revenue, and indirectly through its distribution channel. The company has presence, including in the Americas, Europe, Middle East, Africa, and Asia-Pacific, with the Americas contributing over half of total revenue.
Executives
Eve T. Saltman officer: VP, Corp/Bus Dev, GC, Sec 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Brian Mcgee officer: Vice President of Finance 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Charles Lafrades officer: Chief Accounting Officer C/O GOPRO, INC., 455 ECCLES AVENUE, SOUTH SAN FRANCISCO CA 94080
Dean Jahnke officer: Vice President, Global Sales 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Lauren Zalaznick director 425 LEXINGTON AVENUE, (ATTN: ANDREA ANDREZO), NEW YORK NY 10017
Kevin Hinge officer: SVP, Chief Supply Chain Off. 3030 BINNACLE DR. #306, NAPLES FL 34103
Tyrone Ahmad-taylor director 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Frederic Welts director GOLDEN STATE WARRIORS, 1011 BROADWAY, OAKLAND CA 94607
S Aimee Lapic officer: SVP, Chief Digital Officer 2101 WEBSTER ST #1650, OAKLAND CA 94612
Nicholas Woodman director, 10 percent owner, officer: CEO, Chairman of the Board 3025 CLEARVIEW WAY, SAN MATEO CA 94402
Susan M Lyne director 11 WEST 42ND STREET, NEW YORK NY 10036
Shaz Kahng director 24 EAST AVENUE #139, NEW CANAAN CT 06840
Peter C Gotcher director
Kenneth A Goldman director C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
James Lanzone director 3000 CLEARVIEW WAY, SAN MATEO CA 94402