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Canaccord Genuity Group (TSX:CF) E10 : C$-0.05 (As of Dec. 2023)


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What is Canaccord Genuity Group 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.

Canaccord Genuity Group's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Canaccord Genuity Group's average E10 Growth Rate was -600.00% 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 Canaccord Genuity Group was 22.00% per year. The lowest was 7.20% per year. And the median was 14.60% per year.

As of today (2024-05-26), Canaccord Genuity Group's current stock price is C$9.03. Canaccord Genuity Group's E10 for the quarter that ended in Dec. 2023 was C$-0.05. Canaccord Genuity Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Canaccord Genuity Group was 1157.00. The lowest was 9.15. And the median was 15.32.


Canaccord Genuity Group E10 Historical Data

The historical data trend for Canaccord Genuity Group'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.

Canaccord Genuity Group E10 Chart

Canaccord Genuity Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.24 -0.18 0.08 -

Canaccord Genuity Group 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 0.01 - -0.02 -0.04 -0.05

Competitive Comparison of Canaccord Genuity Group's E10

For the Capital Markets subindustry, Canaccord Genuity Group'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.


Canaccord Genuity Group's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Canaccord Genuity Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Canaccord Genuity Group's Shiller PE Ratio falls into.



Canaccord Genuity Group 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, Canaccord Genuity Group'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)
=0.14/125.0724*125.0724
=0.140

Current CPI (Dec. 2023) = 125.0724.

Canaccord Genuity Group Quarterly Data

per share eps CPI Adj_EPS
201403 0.220 98.604 0.279
201406 0.150 99.473 0.189
201409 0.140 99.394 0.176
201412 -0.270 98.367 -0.343
201503 -0.320 99.789 -0.401
201506 0.080 100.500 0.100
201509 -0.030 100.421 -0.037
201512 -3.910 99.947 -4.893
201603 -0.310 101.054 -0.384
201606 0.040 102.002 0.049
201609 -0.050 101.765 -0.061
201612 0.010 101.449 0.012
201703 0.260 102.634 0.317
201706 -0.050 103.029 -0.061
201709 -0.110 103.345 -0.133
201712 0.290 103.345 0.351
201803 -0.150 105.004 -0.179
201806 0.140 105.557 0.166
201809 0.090 105.636 0.107
201812 0.250 105.399 0.297
201903 0.000 106.979 0.000
201906 0.180 107.690 0.209
201909 0.100 107.611 0.116
201912 0.170 107.769 0.197
202003 0.200 107.927 0.232
202006 0.220 108.401 0.254
202009 0.250 108.164 0.289
202012 0.540 108.559 0.622
202103 1.030 110.298 1.168
202106 0.630 111.720 0.705
202109 0.490 112.905 0.543
202112 0.520 113.774 0.572
202203 0.520 117.646 0.553
202206 -0.140 120.806 -0.145
202209 0.140 120.648 0.145
202212 -1.100 120.964 -1.137
202303 -0.100 122.702 -0.102
202306 -0.150 124.203 -0.151
202309 -0.200 125.230 -0.200
202312 0.140 125.072 0.140

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


Canaccord Genuity Group  (TSX:CF) 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.

During the past 13 years, the highest Shiller P/E Ratio of Canaccord Genuity Group was 1157.00. The lowest was 9.15. And the median was 15.32.


Be Aware

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


Canaccord Genuity Group E10 Related Terms

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


Canaccord Genuity Group (TSX:CF) Business Description

Address
609 Granville Street, Suite 2200, Vancouver, BC, CAN, V7Y 1H2
Canaccord Genuity Group Inc is an independent, full-service financial services firm. The Company's segment reporting is based on the following operating segments: Canaccord Genuity Capital Markets, Canaccord Genuity Wealth Management, and Corporate and Other. The company is been driven by an unwavering commitment to building lasting client relationships. It achieves this by generating value for its individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The company has wealth management offices located in Canada, the UK, Guernsey, Jersey, the Isle of Man and Australia. Its international capital markets division operates in North America, UK and Europe, Asia, Australia and the Middle East.
Executives
Stuart Raftus Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)