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Galapagos NV (STU:GXE) E10 : €-0.88 (As of Mar. 2024)


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What is Galapagos NV 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.

Galapagos NV's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.370. 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 Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 4.70% 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 Galapagos NV was 4.70% per year. The lowest was 4.70% per year. And the median was 4.70% per year.

As of today (2024-05-27), Galapagos NV's current stock price is €25.16. Galapagos NV's E10 for the quarter that ended in Mar. 2024 was €-0.88. Galapagos NV's Shiller PE Ratio of today is .


Galapagos NV E10 Historical Data

The historical data trend for Galapagos NV'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.

Galapagos NV E10 Chart

Galapagos NV 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 - -1.18 -1.10 -1.49 -1.01

Galapagos NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.40 -1.35 -1.29 -1.01 -0.88

Competitive Comparison of Galapagos NV's E10

For the Biotechnology subindustry, Galapagos NV'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.


Galapagos NV's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Galapagos NV's Shiller PE Ratio distribution charts can be found below:

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



Galapagos NV 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, Galapagos NV's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.37/130.5518*130.5518
=1.370

Current CPI (Mar. 2024) = 130.5518.

Galapagos NV Quarterly Data

per share eps CPI Adj_EPS
201406 1.870 99.482 2.454
201409 -0.430 99.195 -0.566
201412 -0.340 99.086 -0.448
201503 -0.470 99.423 -0.617
201506 -0.590 100.107 -0.769
201509 -0.720 100.245 -0.938
201512 -1.540 100.572 -1.999
201603 0.790 101.653 1.015
201606 -0.100 102.267 -0.128
201609 -0.530 102.118 -0.678
201612 0.970 102.614 1.234
201703 -0.290 103.972 -0.364
201706 -0.710 103.902 -0.892
201709 -0.730 104.170 -0.915
201712 -0.590 104.804 -0.735
201803 -0.730 105.419 -0.904
201806 -0.420 106.063 -0.517
201809 0.280 106.618 0.343
201812 0.300 107.252 0.365
201903 -0.890 107.876 -1.077
201906 -0.860 107.896 -1.041
201909 6.030 107.470 7.325
201912 -2.170 108.065 -2.622
202003 -0.780 108.550 -0.938
202006 -1.770 108.540 -2.129
202009 -1.250 108.441 -1.505
202012 -0.880 108.511 -1.059
202103 0.140 109.522 0.167
202106 -0.980 110.305 -1.160
202109 -0.990 111.543 -1.159
202112 0.250 114.705 0.285
202203 -0.200 118.620 -0.220
202206 -0.290 120.948 -0.313
202209 0.330 124.120 0.347
202212 -3.160 126.578 -3.259
202303 0.350 126.528 0.361
202306 0.080 125.973 0.083
202309 0.390 127.083 0.401
202312 2.390 128.292 2.432
202403 1.370 130.552 1.370

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


Galapagos NV  (STU:GXE) 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.


Galapagos NV E10 Related Terms

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


Galapagos NV (STU:GXE) Business Description

Address
Generaal De Wittelaan L11 A3, Mechelen, BEL, 2800
Galapagos NV is a clinical-stage biotechnology company, involved in the discovery and development of small-molecule medicines. The company's product candidate portfolio includes Filgotinib, a JAK1 inhibitor to treat rheumatoid arthritis, Crohn's disease, and ulcerative colitis; novel therapies in cystic fibrosis (a chronic disease that affects the lungs and digestive system); GLPG1690, a selective autotaxin inhibitor with potential application in idiopathic pulmonary disease; GLPG1972 to treat osteoarthritis; and MOR106 to treat atopic dermatitis.

Galapagos NV (STU:GXE) Headlines

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