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SunPower (SunPower) E10 : $-1.80 (As of Dec. 2023)


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What is SunPower 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.

SunPower's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.80 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 9.10% per year. During the past 5 years, the average E10 Growth Rate was 7.80% per year. During the past 10 years, the average E10 Growth Rate was -3.40% 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 SunPower was 24.80% per year. The lowest was -41.80% per year. And the median was -0.40% per year.

As of today (2024-04-27), SunPower's current stock price is $1.99. SunPower's E10 for the quarter that ended in Dec. 2023 was $-1.80. SunPower's Shiller PE Ratio of today is .


SunPower E10 Historical Data

The historical data trend for SunPower'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.

SunPower E10 Chart

SunPower 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 -2.40 -2.40 -1.83 -1.54 -1.80

SunPower 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 -1.54 -1.53 -1.59 -1.72 -1.80

Competitive Comparison of SunPower's E10

For the Solar subindustry, SunPower'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.


SunPower's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SunPower's Shiller PE Ratio distribution charts can be found below:

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



SunPower 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, SunPower'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)
=-0.71/129.4194*129.4194
=-0.710

Current CPI (Dec. 2023) = 129.4194.

SunPower Quarterly Data

per share eps CPI Adj_EPS
201403 0.420 99.695 0.545
201406 0.090 100.560 0.116
201409 0.200 100.428 0.258
201412 0.830 99.070 1.084
201503 -0.070 99.621 -0.091
201506 0.040 100.684 0.051
201509 -0.410 100.392 -0.529
201512 -0.930 99.792 -1.206
201603 -0.620 100.470 -0.799
201606 -0.510 101.688 -0.649
201609 -0.290 101.861 -0.368
201612 -1.990 101.863 -2.528
201703 -1.580 102.862 -1.988
201706 -0.650 103.349 -0.814
201709 -0.330 104.136 -0.410
201712 -4.070 104.011 -5.064
201803 -0.830 105.290 -1.020
201806 -3.170 106.317 -3.859
201809 -0.640 106.507 -0.778
201812 -1.120 105.998 -1.367
201903 -0.630 107.251 -0.760
201906 0.750 108.070 0.898
201909 -0.110 108.329 -0.131
201912 0.030 108.420 0.036
202003 -0.010 108.902 -0.012
202006 0.120 108.767 0.143
202009 0.240 109.815 0.283
202012 2.080 109.897 2.450
202103 -0.290 111.754 -0.336
202106 0.390 114.631 0.440
202109 -0.490 115.734 -0.548
202112 0.120 117.630 0.132
202203 -0.190 121.301 -0.203
202206 -0.360 125.017 -0.373
202209 0.720 125.227 0.744
202212 0.040 125.222 0.041
202303 -0.310 127.348 -0.315
202306 -0.180 128.729 -0.181
202309 -0.210 129.860 -0.209
202312 -0.710 129.419 -0.710

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


SunPower  (NAS:SPWR) 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.


SunPower E10 Related Terms

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


SunPower (SunPower) Business Description

Traded in Other Exchanges
Address
51 Rio Robles, San Jose, CA, USA, 95134
SunPower is a leading solar technology and energy services provider that offers fully integrated solar, storage, and home energy solutions to customers primarily in the United States and Canada through an array of hardware, software, and financing options and smart energy solutions. The company's sales channels include a network of both installing and noninstalling dealers and resellers that operate in residential and commercial markets as well as a group of in-house sales teams in each segment engaged in direct sales to end customers.
Executives
Elizabeth Lynne Eby officer: EVP, CFO 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Jennifer Johnston officer: EVP, Chief Operating Officer 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Audrey Zibelman director 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Steve Louden director C/O ROKU, INC., 150 WINCHESTER CIRCLE, LOS GATOS CA 95032
Vichheka Heang officer: Principal Accounting Officer 77 RIO ROBLES, C/O SUNPOWER CORPORATION, SAN JOSE CA 95134
June Sauvaget officer: EVP, Chief Marketing Officer 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Eileen Evans officer: EVP, Chief Legal Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Nathaniel Anschuetz director C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Jonathan Bram director C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Guthrie Dundas officer: Interim CFO 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Gip Iii Sol Holdings, L.p. director, 10 percent owner 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Global Infrastructure Investors Iii, Llc director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Global Infrastructure Gp Iii, L.p. director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Gip Iii Sol Acquisition, Llc director, 10 percent owner 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Totalenergies Gestion Usa Sarl 10 percent owner LA DEFENSE 6 2 PLACE JEAN MILLIER, COURBEVOIE, HAUTS-DE-SEINE I0 92400

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