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MedMira (MedMira) E10 : $0.00 (As of Jan. 2024)


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What is MedMira 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.

MedMira's adjusted earnings per share data for the three months ended in Jan. 2024 was $-0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Jan. 2024.

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 MedMira was 37.00% per year. The lowest was 15.70% per year. And the median was 25.65% per year.

As of today (2024-05-22), MedMira's current stock price is $0.06. MedMira's E10 for the quarter that ended in Jan. 2024 was $0.00. MedMira's Shiller PE Ratio of today is .


MedMira E10 Historical Data

The historical data trend for MedMira'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.

MedMira E10 Chart

MedMira Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.01 -0.01

MedMira Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - -0.01 -0.01 - -

Competitive Comparison of MedMira's E10

For the Biotechnology subindustry, MedMira'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.


MedMira's Shiller PE Ratio Distribution in the Biotechnology Industry

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

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



MedMira 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, MedMira's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.001/125.0724*125.0724
=-0.001

Current CPI (Jan. 2024) = 125.0724.

MedMira Quarterly Data

per share eps CPI Adj_EPS
201404 -0.002 98.920 -0.003
201407 0.000 99.315 0.000
201410 -0.002 99.473 -0.003
201501 -0.002 98.209 -0.003
201504 -0.002 99.710 -0.003
201507 -0.001 100.579 -0.001
201510 -0.001 100.500 -0.001
201601 -0.001 100.184 -0.001
201604 -0.001 101.370 -0.001
201607 -0.003 101.844 -0.004
201610 -0.001 102.002 -0.001
201701 -0.001 102.318 -0.001
201704 -0.001 103.029 -0.001
201707 -0.001 103.029 -0.001
201710 -0.001 103.424 -0.001
201801 -0.001 104.056 -0.001
201804 -0.001 105.320 -0.001
201807 -0.001 106.110 -0.001
201810 -0.001 105.952 -0.001
201901 -0.001 105.557 -0.001
201904 -0.001 107.453 -0.001
201907 0.000 108.243 0.000
201910 -0.001 107.927 -0.001
202001 -0.001 108.085 -0.001
202004 -0.001 107.216 -0.001
202007 0.000 108.401 0.000
202010 0.001 108.638 0.001
202101 0.000 109.192 0.000
202104 0.000 110.851 0.000
202107 -0.001 112.431 -0.001
202110 -0.001 113.695 -0.001
202201 -0.001 114.801 -0.001
202204 0.000 118.357 0.000
202207 -0.001 120.964 -0.001
202210 -0.001 121.517 -0.001
202301 -0.001 121.596 -0.001
202304 -0.001 123.571 -0.001
202307 -0.001 124.914 -0.001
202310 -0.001 125.310 -0.001
202401 -0.001 125.072 -0.001

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


MedMira  (OTCPK:MMIRF) 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.


MedMira E10 Related Terms

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


MedMira (MedMira) Business Description

Traded in Other Exchanges
Address
155 Chain Lake Drive, Suite 1, Halifax, NS, CAN, B3S 1B3
MedMira Inc is a biotechnology company that is engaged in the business of research, development, and manufacturing of rapid diagnostics and technologies. The company has one reportable operating segment, rapid diagnostic products and services. The product line of the company includes RevealHIV which detects antibodies to HIV-1 and HIV-2 in whole blood, serum or plasma; H Pylori which detects antibodies in serum, plasma, and whole blood; syphilis which detects treponema pallidum antibodies in serum, plasma, and whole blood; among other products. The company generates revenue geographically from North America, Europe, Asia pacific. The majority of the revenue is generated from North America.

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