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Star Bulk Carriers (Star Bulk Carriers) E10 : $-0.81 (As of Dec. 2023)


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What is Star Bulk Carriers 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.

Star Bulk Carriers's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.81 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 71.50% 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 Star Bulk Carriers was 71.50% per year. The lowest was -25.70% per year. And the median was -12.90% per year.

As of today (2024-04-28), Star Bulk Carriers's current stock price is $24.71. Star Bulk Carriers's E10 for the quarter that ended in Dec. 2023 was $-0.81. Star Bulk Carriers's Shiller PE Ratio of today is .


Star Bulk Carriers E10 Historical Data

The historical data trend for Star Bulk Carriers'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.

Star Bulk Carriers E10 Chart

Star Bulk Carriers 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 -36.84 -35.16 - -0.91 -0.81

Star Bulk Carriers Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 -0.91 -0.74 -0.83 -0.88 -0.81

Competitive Comparison of Star Bulk Carriers's E10

For the Marine Shipping subindustry, Star Bulk Carriers'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.


Star Bulk Carriers's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Star Bulk Carriers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Star Bulk Carriers's Shiller PE Ratio falls into.



Star Bulk Carriers 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, Star Bulk Carriers'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)
=0.45/116.4647*116.4647
=0.450

Current CPI (Dec. 2023) = 116.4647.

Star Bulk Carriers Quarterly Data

per share eps CPI Adj_EPS
201312 0.009 102.937 0.010
201403 -0.150 102.748 -0.170
201406 -0.500 103.060 -0.565
201409 0.015 102.624 0.017
201412 -0.415 100.254 -0.482
201503 -1.310 100.549 -1.517
201506 -1.750 100.838 -2.021
201509 -0.960 100.856 -1.109
201512 -7.100 100.087 -8.262
201603 -1.110 99.041 -1.305
201606 -0.750 100.121 -0.872
201609 -0.860 99.878 -1.003
201612 -0.520 100.110 -0.605
201703 -0.260 100.770 -0.300
201706 -0.160 101.138 -0.184
201709 -0.120 100.882 -0.139
201712 0.380 100.762 0.439
201803 0.150 100.534 0.174
201806 0.170 102.121 0.194
201809 0.300 101.982 0.343
201812 0.110 101.330 0.126
201903 -0.060 101.482 -0.069
201906 -0.430 101.837 -0.492
201909 0.060 101.906 0.069
201912 0.260 102.120 0.297
202003 0.030 101.479 0.034
202006 -0.460 100.239 -0.534
202009 0.240 99.886 0.280
202012 0.290 99.751 0.339
202103 0.360 99.817 0.420
202106 1.230 101.270 1.415
202112 0.000 104.853 0.000
202203 1.670 108.651 1.790
202206 1.950 113.517 2.001
202209 1.070 114.371 1.090
202212 0.840 112.428 0.870
202303 0.440 113.620 0.451
202306 0.430 115.515 0.434
202309 0.450 116.234 0.451
202312 0.450 116.465 0.450

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


Star Bulk Carriers  (NAS:SBLK) 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.


Star Bulk Carriers E10 Related Terms

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


Star Bulk Carriers (Star Bulk Carriers) Business Description

Traded in Other Exchanges
Address
C/o Star Bulk Management Inc, 40 Agiou Konstantinou Street, Maroussi, Athens, GRC, 15124
Star Bulk Carriers Corp provides seaborne transportation solutions in the dry bulk sector. The company owns and operates dry bulk carrier vessels, which are used to transport bulk, such as iron ore, coal, grains, bauxite, fertilizers, and steel products. It owns a fleet of vessels that consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Panamax, and Supramax. It generates revenues through the voyages it carries out.
Executives
Ramius Advisors Llc 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Rcg Enterprise Ltd 10 percent owner 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Rcg Carpathia Master Fund Ltd 10 percent owner C/O RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Rcg Baldwin Lp 10 percent owner C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Peter A Cohen 10 percent owner, other: See Explanation of Responses 40 WEST 57TH STREET, SUITE 2020, NEW YORK NY 10019
Thomas W Strauss 10 percent owner, other: See Explanation of Responses 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Ramius Capital Group Llc 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
C4s & Co Llc 10 percent owner, other: See Explanation of Responses RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Morgan B Stark 10 percent owner, other: See Explanation of Responses C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Jeffrey M Solomon 10 percent owner, other: See Explanation of Responses 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022