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Valneva SE (Valneva SE) E10 : $-0.54 (As of Mar. 2024)


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What is Valneva SE 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.

Valneva SE's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.446. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.54 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -2.50% 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 Valneva SE was -2.50% per year. The lowest was -2.50% per year. And the median was -2.50% per year.

As of today (2024-05-25), Valneva SE's current stock price is $4.328. Valneva SE's E10 for the quarter that ended in Mar. 2024 was $-0.54. Valneva SE's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Valneva SE was 45.50. The lowest was 18.82. And the median was 29.05.


Valneva SE E10 Historical Data

The historical data trend for Valneva SE'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.

Valneva SE E10 Chart

Valneva SE 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 0.12 -0.65 -0.40 -0.57 -0.60

Valneva SE 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 -0.60 -0.70 -0.61 -0.60 -0.54

Competitive Comparison of Valneva SE's E10

For the Biotechnology subindustry, Valneva SE'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.


Valneva SE's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Valneva SE's Shiller PE Ratio distribution charts can be found below:

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



Valneva SE 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, Valneva SE'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)
=0.446/119.4700*119.4700
=0.446

Current CPI (Mar. 2024) = 119.4700.

Valneva SE Quarterly Data

per share eps CPI Adj_EPS
201406 -0.122 100.180 -0.145
201409 -0.064 99.920 -0.077
201412 -0.247 99.860 -0.296
201503 0.152 100.170 0.181
201506 -0.135 100.440 -0.161
201509 -0.079 99.950 -0.094
201512 -0.239 100.040 -0.285
201603 -0.078 100.020 -0.093
201606 -0.517 100.630 -0.614
201609 -0.101 100.340 -0.120
201612 -0.042 100.650 -0.050
201703 -0.021 101.170 -0.025
201706 -0.034 101.320 -0.040
201709 -0.048 101.330 -0.057
201712 -0.059 101.850 -0.069
201803 0.025 102.750 0.029
201806 -0.023 103.370 -0.027
201809 -0.047 103.560 -0.054
201812 0.091 103.470 0.105
201903 0.056 103.890 0.064
201906 -0.090 104.580 -0.103
201909 0.000 104.500 0.000
201912 0.011 104.980 0.013
202003 -0.011 104.590 -0.013
202006 -0.302 104.790 -0.344
202009 -0.483 104.550 -0.552
202012 -0.024 104.960 -0.027
202103 -0.357 105.750 -0.403
202106 -0.735 106.340 -0.826
202109 -1.882 106.810 -2.105
202112 1.989 107.850 2.203
202203 -0.264 110.490 -0.285
202206 -1.416 112.550 -1.503
202209 0.653 112.740 0.692
202212 -0.339 114.160 -0.355
202303 -0.139 116.790 -0.142
202306 -0.130 117.650 -0.132
202309 -0.267 118.260 -0.270
202312 -0.251 118.390 -0.253
202403 0.446 119.470 0.446

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


Valneva SE  (OTCPK:INRLF) 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 Valneva SE was 45.50. The lowest was 18.82. And the median was 29.05.


Be Aware

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


Valneva SE E10 Related Terms

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


Valneva SE (Valneva SE) Business Description

Traded in Other Exchanges
Address
6 Rue Alain Bombard, Saint-Herblain, FRA, 44800
Valneva SE is a vaccine company focused on developing life-saving vaccines. Its portfolio includes two vaccines for travelers. The segments of the group are Commercialized vaccines which relate to marketed vaccines, the group's vaccines IXIARO/JESPECT, DUKORAL, & third-party products; Covid includes development, manufacturing, & distribution related to the COVID-19 vaccine, Vaccine candidates which relate to research and development programs to generate new approvable products to generate future cash flows from product sales through partnering with pharmaceutical companies; & Technologies and services which relate to services and inventions at a commercialization stage. The majority is from the Commercialized vaccines segment & geographically from the United States.