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Claren Energy (TSXV:CEN.H) E10 : C$-0.46 (As of Apr. 2024)


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What is Claren Energy 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.

Claren Energy's adjusted earnings per share data for the three months ended in Apr. 2024 was C$-0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.46 for the trailing ten years ended in Apr. 2024.

During the past 3 years, the average E10 Growth Rate was 26.70% per year. During the past 5 years, the average E10 Growth Rate was 34.90% 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 Claren Energy was 42.90% per year. The lowest was 11.50% per year. And the median was 25.85% per year.

As of today (2024-10-31), Claren Energy's current stock price is C$0.035. Claren Energy's E10 for the quarter that ended in Apr. 2024 was C$-0.46. Claren Energy's Shiller PE Ratio of today is .


Claren Energy E10 Historical Data

The historical data trend for Claren Energy'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.

Claren Energy E10 Chart

Claren Energy Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.63 -1.47 -1.17 -1.08 -0.58

Claren Energy Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -0.96 -0.58 -0.47 -0.46 -0.46

Competitive Comparison of Claren Energy's E10

For the Oil & Gas E&P subindustry, Claren Energy'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.


Claren Energy's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Claren Energy's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Claren Energy's Shiller PE Ratio falls into.



Claren Energy 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, Claren Energy's adjusted earnings per share data for the three months ended in Apr. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=-0.001/126.8896*126.8896
=-0.001

Current CPI (Apr. 2024) = 126.8896.

Claren Energy Quarterly Data

per share eps CPI Adj_EPS
201407 0.000 99.315 0.000
201410 -0.400 99.473 -0.510
201501 -0.086 98.209 -0.111
201504 -0.061 99.710 -0.078
201507 -0.300 100.579 -0.378
201510 -0.100 100.500 -0.126
201601 -0.300 100.184 -0.380
201604 0.002 101.370 0.003
201607 -1.000 101.844 -1.246
201610 -0.100 102.002 -0.124
201701 -0.100 102.318 -0.124
201704 -0.021 103.029 -0.026
201707 -0.800 103.029 -0.985
201710 -0.020 103.424 -0.025
201801 -0.020 104.056 -0.024
201804 -0.030 105.320 -0.036
201807 -0.120 106.110 -0.143
201810 -0.010 105.952 -0.012
201901 -0.020 105.557 -0.024
201904 -0.020 107.453 -0.024
201907 -0.020 108.243 -0.023
201910 -0.010 107.927 -0.012
202001 -0.020 108.085 -0.023
202004 -0.020 107.216 -0.024
202007 0.020 108.401 0.023
202010 -0.001 108.638 -0.001
202101 -0.002 109.192 -0.002
202104 -0.002 110.851 -0.002
202107 -0.005 112.431 -0.006
202110 -0.001 113.695 -0.001
202201 -0.002 114.801 -0.002
202204 0.004 118.357 0.004
202207 -0.002 120.964 -0.002
202210 -0.001 121.517 -0.001
202301 -0.001 121.596 -0.001
202304 -0.001 123.571 -0.001
202307 -0.001 124.914 -0.001
202310 0.005 125.310 0.005
202401 -0.001 125.072 -0.001
202404 -0.001 126.890 -0.001

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


Claren Energy  (TSXV:CEN.H) 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.


Claren Energy E10 Related Terms

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


Claren Energy Business Description

Traded in Other Exchanges
N/A
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Claren Energy Corp is a Canada-based company that is principally engaged in the business is the acquisition and exploration of petroleum and natural gas properties. Geographically, the company operates within Canada and Romania. It generates majority of its revenue from Canada.

Claren Energy Headlines

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