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Duke Capital (LSE:DUKE) E10 : £-0.74 (As of Sep. 2023)


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What is Duke Capital 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.

Duke Capital's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was £0.049. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £-0.74 for the trailing ten years ended in Mar. 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 (2024-06-06), Duke Capital's current stock price is £ 0.325. Duke Capital's E10 for the fiscal year that ended in Mar. 2023 was £-0.74. Duke Capital's Shiller PE Ratio of today is .


Duke Capital E10 Historical Data

The historical data trend for Duke Capital'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.

Duke Capital E10 Chart

Duke Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.79 -0.74

Duke Capital Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - -0.79 - -0.74 -

Competitive Comparison of Duke Capital's E10

For the Asset Management subindustry, Duke Capital'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.


Duke Capital's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Duke Capital's Shiller PE Ratio distribution charts can be found below:

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



Duke Capital 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, Duke Capital's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.049/127.3478*127.3478
=0.049

Current CPI (Mar. 2023) = 127.3478.

Duke Capital Annual Data

per_share_eps CPI Adj_EPS
201403 -2.216 99.695 -2.831
201503 -2.910 99.621 -3.720
201603 -0.624 100.470 -0.791
201703 -0.152 102.862 -0.188
201803 -0.013 105.290 -0.016
201903 0.011 107.251 0.013
202003 -0.040 108.902 -0.047
202103 0.058 111.754 0.066
202203 0.060 121.301 0.063
202303 0.049 127.348 0.049

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


Duke Capital  (LSE:DUKE) 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.


Duke Capital E10 Related Terms

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


Duke Capital (LSE:DUKE) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, 4th Floor, West Wing, Saint Peter Port, GGY, GY1 2JA
Duke Royalty Ltd is a diversified royalty investment company that provides alternative capital solutions to a diversified range of profitable and long-established businesses in Europe and abroad. Its investing policy is to invest in a diversified portfolio of royalty finance and related opportunities to build a stable and reliable income for shareholders by seeking to invest, without limitations and restrictions.

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