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Staar Surgical Co (Staar Surgical Co) E10 : $0.15 (As of Dec. 2023)


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What is Staar Surgical Co 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.

Staar Surgical Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.15 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Staar Surgical Co's average E10 Growth Rate was 50.00% 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 Staar Surgical Co was 46.90% per year. The lowest was -87.30% per year. And the median was 14.80% per year.

As of today (2024-05-02), Staar Surgical Co's current stock price is $44.66. Staar Surgical Co's E10 for the quarter that ended in Dec. 2023 was $0.15. Staar Surgical Co's Shiller PE Ratio of today is 297.73.

During the past 13 years, the highest Shiller PE Ratio of Staar Surgical Co was 12779.00. The lowest was 185.47. And the median was 665.72.


Staar Surgical Co E10 Historical Data

The historical data trend for Staar Surgical Co'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.

Staar Surgical Co E10 Chart

Staar Surgical Co 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 -0.04 -0.03 0.02 0.10 0.15

Staar Surgical Co 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 0.10 0.11 0.12 0.13 0.15

Competitive Comparison of Staar Surgical Co's E10

For the Medical Instruments & Supplies subindustry, Staar Surgical Co'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.


Staar Surgical Co's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Staar Surgical Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Staar Surgical Co's Shiller PE Ratio falls into.



Staar Surgical Co 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, Staar Surgical Co'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)
=0.16/129.4194*129.4194
=0.160

Current CPI (Dec. 2023) = 129.4194.

Staar Surgical Co Quarterly Data

per share eps CPI Adj_EPS
201403 -0.040 99.695 -0.052
201406 -0.050 100.560 -0.064
201409 -0.070 100.428 -0.090
201412 -0.070 99.070 -0.091
201503 -0.060 99.621 -0.078
201506 -0.040 100.684 -0.051
201509 -0.040 100.392 -0.052
201512 -0.020 99.792 -0.026
201603 -0.200 100.470 -0.258
201606 -0.050 101.688 -0.064
201609 -0.040 101.861 -0.051
201612 -0.004 101.863 -0.005
201703 -0.050 102.862 -0.063
201706 -0.020 103.349 -0.025
201709 0.030 104.136 0.037
201712 -0.003 104.011 -0.004
201803 0.010 105.290 0.012
201806 0.040 106.317 0.049
201809 0.030 106.507 0.036
201812 0.020 105.998 0.024
201903 0.030 107.251 0.036
201906 0.080 108.070 0.096
201909 0.050 108.329 0.060
201912 0.140 108.420 0.167
202003 -0.003 108.902 -0.004
202006 -0.030 108.767 -0.036
202009 0.080 109.815 0.094
202012 0.070 109.897 0.082
202103 0.100 111.754 0.116
202106 0.170 114.631 0.192
202109 0.120 115.734 0.134
202112 0.100 117.630 0.110
202203 0.190 121.301 0.203
202206 0.260 125.017 0.269
202209 0.210 125.227 0.217
202212 0.120 125.222 0.124
202303 0.050 127.348 0.051
202306 0.120 128.729 0.121
202309 0.100 129.860 0.100
202312 0.160 129.419 0.160

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


Staar Surgical Co  (NAS:STAA) 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.

Staar Surgical Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=44.66/0.15
=297.73

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Staar Surgical Co was 12779.00. The lowest was 185.47. And the median was 665.72.


Be Aware

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


Staar Surgical Co E10 Related Terms

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


Staar Surgical Co (Staar Surgical Co) Business Description

Traded in Other Exchanges
Address
25651 Atlantic Ocean Drive, Lake Forest, CA, USA, 92630
Staar Surgical Co is a manufacturer of lenses. It designs, develops, manufactures, and sells implantable lenses for the eye and delivery systems used to deliver the lenses into the eye. The company also make lenses which are used in surgery that treats cataracts. The company offers products are ICLs used in refractive surgery and IOLs used in cataract surgery. The company generated sales are from the ophthalmic surgical product segment.
Executives
Broadwood Partners Lp 10 percent owner BROADWOOD CAPITAL INC., 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Elizabeth Yeu Lin director 25651 ATLANTIC OCEAN DRIVE, LAKE FOREST CA 92630
Aimee S Weisner director ONE EDWARDS WAY, IRVINE CA 92614
Warren Foust officer: Chief Operating Officer 17 MAGNOLIA DRIVE, LADERA RANCH CA 92694
Magda Michna officer: Chief Clinical, Regulatory, C/O PRESBIA, 8845 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618
Keith Holliday officer: V.P., Research & Development 1911 WALKER AVENUE, MONROVIA CA 91016
Robert Studholme officer: Senior VP, Operations 25651 ATLANTIC OCEAN DRIVE, LAKE FOREST CA 92630
James E Francese officer: VP, Global Marketing 1911 WALKER AVE, MONROVIA CA 91016
Caren L Mason director 2523 PARK RIDGE DRIVE, ESCONDIDO CA 92025
Samuel J Gesten officer: VP, General Counsel 1911 WALKER AVENUE, MONROVIA CA 91016
Patrick F. Williams officer: Chief Financial Officer C/O ZELTIQ AESTHETICS INC., 4698 WILLOW ROAD, SUITE 100, PLEASANTON CA 94588
Hans-martin Blickensdoerfer officer: VP, International Marketing 1911 WALKER AVENUE, MONROVIA CA 91016
Lou Silverman director
Graydon C. Hansen officer: Sr. VP, Global Operations 25651 ATLANTIC OCEAN DRIVE, LAKE FORST CA 92630
Jon K. Hayashida officer: VP, Global Clinical, Medical 25651 ATLANTIC OCEAN DRIVE, LAKE FOREST CA 92630