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RBI Ventures (TSXV:RBI.H) E10 : C$-0.04 (As of Dec. 2020)


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What is RBI Ventures 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.

RBI Ventures's adjusted earnings per share data for the three months ended in Dec. 2020 was C$-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.04 for the trailing ten years ended in Dec. 2020.

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.

As of today (2024-06-09), RBI Ventures's current stock price is C$0.10. RBI Ventures's E10 for the quarter that ended in Dec. 2020 was C$-0.04. RBI Ventures's Shiller PE Ratio of today is .


RBI Ventures E10 Historical Data

The historical data trend for RBI Ventures'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.

RBI Ventures E10 Chart

RBI Ventures Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.24 -0.82 -0.46 -0.21 -0.07

RBI Ventures Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -0.17 -0.14 -0.07 -0.07 -0.04

Competitive Comparison of RBI Ventures's E10

For the Shell Companies subindustry, RBI Ventures'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.


RBI Ventures's Shiller PE Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, RBI Ventures's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where RBI Ventures's Shiller PE Ratio falls into.



RBI Ventures 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, RBI Ventures's adjusted earnings per share data for the three months ended in Dec. 2020 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=-0.01/108.5594*108.5594
=-0.010

Current CPI (Dec. 2020) = 108.5594.

RBI Ventures Quarterly Data

per share eps CPI Adj_EPS
201103 -0.250 94.338 -0.288
201106 -0.500 94.654 -0.573
201109 0.000 95.286 0.000
201112 0.000 94.970 0.000
201203 0.000 96.155 0.000
201206 -0.250 96.076 -0.282
201209 0.000 96.392 0.000
201212 -0.033 95.760 -0.037
201303 0.027 97.103 0.030
201306 -0.250 97.182 -0.279
201309 0.030 97.419 0.033
201312 0.029 96.945 0.032
201403 0.020 98.604 0.022
201406 -0.054 99.473 -0.059
201409 -0.038 99.394 -0.042
201412 0.052 98.367 0.057
201503 0.086 99.789 0.094
201506 0.400 100.500 0.432
201509 -0.014 100.421 -0.015
201512 0.011 99.947 0.012
201603 0.024 101.054 0.026
201606 -0.021 102.002 -0.022
201609 0.090 101.765 0.096
201612 0.750 101.449 0.803
201703 0.001 102.634 0.001
201706 -0.266 103.029 -0.280
201709 -0.033 103.345 -0.035
201712 -0.034 103.345 -0.036
201803 -0.015 105.004 -0.016
201806 -0.008 105.557 -0.008
201809 -0.003 105.636 -0.003
201812 -0.010 105.399 -0.010
201903 -0.005 106.979 -0.005
201906 0.010 107.690 0.010
201909 -0.001 107.611 -0.001
201912 -0.004 107.769 -0.004
202003 -0.003 107.927 -0.003
202006 -0.002 108.401 -0.002
202009 0.002 108.164 0.002
202012 -0.010 108.559 -0.010

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


RBI Ventures  (TSXV:RBI.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.


RBI Ventures E10 Related Terms

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


RBI Ventures (TSXV:RBI.H) Business Description

Traded in Other Exchanges
N/A
Address
450-400 Burrard Street, Vancouver, BC, CAN, V6C 3A6
RBI Ventures Ltd is looking into new business opportunities.

RBI Ventures (TSXV:RBI.H) Headlines

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