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Silver Spruce Resources (Silver Spruce Resources) E10 : $-0.03 (As of Jan. 2024)


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What is Silver Spruce Resources 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.

Silver Spruce Resources'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 $-0.03 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average E10 Growth Rate was 38.70% 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 Silver Spruce Resources was 42.50% per year. The lowest was 4.00% per year. And the median was 26.70% per year.

As of today (2024-05-22), Silver Spruce Resources's current stock price is $0.0152. Silver Spruce Resources's E10 for the quarter that ended in Jan. 2024 was $-0.03. Silver Spruce Resources's Shiller PE Ratio of today is .


Silver Spruce Resources E10 Historical Data

The historical data trend for Silver Spruce Resources'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.

Silver Spruce Resources E10 Chart

Silver Spruce Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.12 - - -0.02

Silver Spruce Resources 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 -0.02 -0.03 -0.02 -0.02 -0.03

Competitive Comparison of Silver Spruce Resources's E10

For the Other Industrial Metals & Mining subindustry, Silver Spruce Resources'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.


Silver Spruce Resources's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Spruce Resources's Shiller PE Ratio falls into.



Silver Spruce Resources 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, Silver Spruce Resources'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.

Silver Spruce Resources Quarterly Data

per share eps CPI Adj_EPS
201404 -0.009 98.920 -0.011
201407 -0.005 99.315 -0.006
201410 0.000 99.473 0.000
201501 -0.008 98.209 -0.010
201504 0.008 99.710 0.010
201507 -0.008 100.579 -0.010
201510 -0.099 100.500 -0.123
201601 -0.007 100.184 -0.009
201604 0.008 101.370 0.010
201607 -0.008 101.844 -0.010
201610 0.023 102.002 0.028
201701 -0.008 102.318 -0.010
201704 -0.007 103.029 -0.008
201707 -0.003 103.029 -0.004
201710 0.000 103.424 0.000
201801 -0.002 104.056 -0.002
201804 -0.002 105.320 -0.002
201807 -0.002 106.110 -0.002
201810 0.000 105.952 0.000
201901 -0.001 105.557 -0.001
201904 -0.001 107.453 -0.001
201907 -0.002 108.243 -0.002
201910 0.000 107.927 0.000
202001 -0.002 108.085 -0.002
202004 0.000 107.216 0.000
202007 -0.002 108.401 -0.002
202010 -0.004 108.638 -0.005
202101 -0.002 109.192 -0.002
202104 -0.002 110.851 -0.002
202107 -0.003 112.431 -0.003
202110 0.000 113.695 0.000
202201 -0.002 114.801 -0.002
202204 -0.001 118.357 -0.001
202207 -0.002 120.964 -0.002
202210 0.000 121.517 0.000
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.


Silver Spruce Resources  (OTCPK:SSEBF) 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.


Silver Spruce Resources E10 Related Terms

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


Silver Spruce Resources (Silver Spruce Resources) Business Description

Traded in Other Exchanges
Address
1600 Bedford Highway, Suite 440, Bedford, NS, CAN, B4A 1E8
Silver Spruce Resources Inc is a Canada-based company focused on exploration for precious and base minerals. The flagship project Pino de Plata located in Chihuahua state Mexico is a high-grade silver project with noteworthy gold, lead, and zinc credits. Its other projects include El Mezquite, Melchett Lake and Pope's Hill.

Silver Spruce Resources (Silver Spruce Resources) Headlines

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