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Sherritt International (Sherritt International) E10 : $-0.88 (As of Dec. 2023)


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What is Sherritt International 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.

Sherritt International's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.097. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.88 for the trailing ten years ended in Dec. 2023.

During the past 5 years, the average E10 Growth Rate was -5.20% 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 Sherritt International was 7.40% per year. The lowest was -30.00% per year. And the median was -7.25% per year.

As of today (2024-04-28), Sherritt International's current stock price is $0.2404. Sherritt International's E10 for the quarter that ended in Dec. 2023 was $-0.88. Sherritt International's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Sherritt International was 15.14. The lowest was 4.57. And the median was 8.60.


Sherritt International E10 Historical Data

The historical data trend for Sherritt International'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.

Sherritt International E10 Chart

Sherritt International 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 -0.83 -0.91 -1.03 -1.01 -0.88

Sherritt International 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 -1.01 -1.06 -1.11 -1.10 -0.88

Competitive Comparison of Sherritt International's E10

For the Other Industrial Metals & Mining subindustry, Sherritt International'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.


Sherritt International's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sherritt International's Shiller PE Ratio distribution charts can be found below:

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



Sherritt International 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, Sherritt International'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)
=-0.097/125.4675*125.4675
=-0.097

Current CPI (Dec. 2023) = 125.4675.

Sherritt International Quarterly Data

per share eps CPI Adj_EPS
201403 -0.144 98.604 -0.183
201406 -0.092 99.473 -0.116
201409 -0.154 99.394 -0.194
201412 -0.468 98.367 -0.597
201503 -0.151 99.789 -0.190
201506 -0.146 100.500 -0.182
201509 -0.543 100.421 -0.678
201512 -4.361 99.947 -5.475
201603 -0.121 101.054 -0.150
201606 -0.271 102.002 -0.333
201609 -0.313 101.765 -0.386
201612 -0.270 101.449 -0.334
201703 -0.187 102.634 -0.229
201706 -0.263 103.029 -0.320
201709 -0.195 103.345 -0.237
201712 1.410 103.345 1.712
201803 -0.001 105.004 -0.001
201806 0.008 105.557 0.010
201809 -0.023 105.636 -0.027
201812 -0.097 105.399 -0.115
201903 -0.120 106.979 -0.141
201906 -0.173 107.690 -0.202
201909 -0.060 107.611 -0.070
201912 -0.357 107.769 -0.416
202003 -0.079 107.927 -0.092
202006 -0.214 108.401 -0.248
202009 0.438 108.164 0.508
202012 -0.094 108.559 -0.109
202103 -0.008 110.298 -0.009
202106 -0.025 111.720 -0.028
202109 -0.032 112.905 -0.036
202112 0.023 113.774 0.025
202203 0.032 117.646 0.034
202206 0.156 120.806 0.162
202209 -0.052 120.648 -0.054
202212 -0.015 120.964 -0.016
202303 0.022 122.702 0.022
202306 0.001 124.203 0.001
202309 -0.044 125.230 -0.044
202312 -0.097 125.468 -0.097

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


Sherritt International  (OTCPK:SHERF) 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 Sherritt International was 15.14. The lowest was 4.57. And the median was 8.60.


Be Aware

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


Sherritt International E10 Related Terms

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


Sherritt International (Sherritt International) Business Description

Traded in Other Exchanges
Address
22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3
Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and North America. Its segment includes Moa JV and Fort site, Metals Other, Power, Technologies and Corporate. The Moa JV and Fort site segment includes the mining, processing, and refining of nickel and cobalt. Metals Other segment is comprised of buying, marketing and selling certain of Moa Joint Venture's nickel and cobalt production. Its Power segment constructs and operates an electricity generating plant whereas The Technologies and Corporate segment consist of the metallurgical technology business and general corporate activities.