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Cogeco Communications (STU:COG) E10 : €4.86 (As of Feb. 2024)


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What is Cogeco Communications 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.

Cogeco Communications's adjusted earnings per share data for the three months ended in Feb. 2024 was €1.511. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.86 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Cogeco Communications's average E10 Growth Rate was 7.20% per year. During the past 3 years, the average E10 Growth Rate was 16.30% per year. During the past 5 years, the average E10 Growth Rate was 21.00% per year. During the past 10 years, the average E10 Growth Rate was 20.90% 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 Cogeco Communications was 49.80% per year. The lowest was -25.50% per year. And the median was 19.10% per year.

As of today (2024-05-26), Cogeco Communications's current stock price is €37.20. Cogeco Communications's E10 for the quarter that ended in Feb. 2024 was €4.86. Cogeco Communications's Shiller PE Ratio of today is 7.65.

During the past 13 years, the highest Shiller PE Ratio of Cogeco Communications was 53.67. The lowest was 7.41. And the median was 26.96.


Cogeco Communications E10 Historical Data

The historical data trend for Cogeco Communications'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.

Cogeco Communications E10 Chart

Cogeco Communications Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.59

Cogeco Communications Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - 4.88 4.59 4.74 4.86

Competitive Comparison of Cogeco Communications's E10

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Shiller PE Ratio distribution charts can be found below:

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



Cogeco Communications 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, Cogeco Communications's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.511/125.4675*125.4675
=1.511

Current CPI (Feb. 2024) = 125.4675.

Cogeco Communications Quarterly Data

per share eps CPI Adj_EPS
201405 0.481 99.394 0.607
201408 0.894 99.315 1.129
201411 0.814 99.078 1.031
201502 0.839 99.078 1.062
201505 0.956 100.263 1.196
201508 1.079 100.579 1.346
201511 0.870 100.421 1.087
201602 0.824 100.421 1.030
201605 -5.388 101.765 -6.643
201608 1.043 101.686 1.287
201611 1.049 101.607 1.295
201702 1.110 102.476 1.359
201705 1.024 103.108 1.246
201708 0.961 103.108 1.169
201711 1.021 103.740 1.235
201802 1.821 104.688 2.182
201805 0.815 105.399 0.970
201808 0.963 106.031 1.140
201811 0.940 105.478 1.118
201902 1.020 106.268 1.204
201905 2.384 107.927 2.771
201908 1.226 108.085 1.423
201911 1.162 107.769 1.353
202002 1.532 108.559 1.771
202005 1.227 107.532 1.432
202008 1.207 108.243 1.399
202011 1.437 108.796 1.657
202102 1.394 109.745 1.594
202105 1.364 111.404 1.536
202108 1.376 112.668 1.532
202111 1.582 113.932 1.742
202202 1.650 115.986 1.785
202205 1.589 120.016 1.661
202208 1.742 120.569 1.813
202211 1.779 121.675 1.834
202302 1.520 122.070 1.562
202305 1.470 124.045 1.487
202308 1.327 125.389 1.328
202311 1.355 125.468 1.355
202402 1.511 125.468 1.511

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


Cogeco Communications  (STU:COG) 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.

Cogeco Communications's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=37.20/4.86
=7.65

* 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 Cogeco Communications was 53.67. The lowest was 7.41. And the median was 26.96.


Be Aware

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


Cogeco Communications E10 Related Terms

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


Cogeco Communications (STU:COG) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides Internet, video and phone services to residential, business and other customers. The reportable segments of the company are Canadian telecommunications and American telecommunications. The company earns majority of its revenue from American telecommunications. The company operates in Canada and United States.

Cogeco Communications (STU:COG) Headlines

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