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Vicor (VICR) E10 : $0.48 (As of Dec. 2023)


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What is Vicor 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.

Vicor's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.48 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Vicor's average E10 Growth Rate was 84.60% per year. During the past 3 years, the average E10 Growth Rate was 100.00% per year. During the past 5 years, the average E10 Growth Rate was 40.10% 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 Vicor was 128.90% per year. The lowest was -58.70% per year. And the median was 12.10% per year.

As of today (2024-04-30), Vicor's current stock price is $34.30. Vicor's E10 for the quarter that ended in Dec. 2023 was $0.48. Vicor's Shiller PE Ratio of today is 71.46.

During the past 13 years, the highest Shiller PE Ratio of Vicor was 5070.00. The lowest was 70.56. And the median was 403.98.


Vicor E10 Historical Data

The historical data trend for Vicor'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.

Vicor E10 Chart

Vicor 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 0.12 0.06 0.18 0.26 0.48

Vicor 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 0.31 0.37 0.41 0.48 -

Competitive Comparison of Vicor's E10

For the Electronic Components subindustry, Vicor'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.


Vicor's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vicor's Shiller PE Ratio distribution charts can be found below:

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



Vicor 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, Vicor'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)
=0.19/129.4194*129.4194
=0.190

Current CPI (Dec. 2023) = 129.4194.

Vicor Quarterly Data

per share eps CPI Adj_EPS
201403 -0.140 99.695 -0.182
201406 -0.130 100.560 -0.167
201409 -0.100 100.428 -0.129
201412 0.000 99.070 0.000
201503 0.090 99.621 0.117
201506 0.020 100.684 0.026
201509 0.060 100.392 0.077
201512 -0.040 99.792 -0.052
201603 -0.140 100.470 -0.180
201606 -0.010 101.688 -0.013
201609 0.060 101.861 0.076
201612 -0.070 101.863 -0.089
201703 -0.020 102.862 -0.025
201706 -0.010 103.349 -0.013
201709 0.000 104.136 0.000
201712 0.040 104.011 0.050
201803 0.100 105.290 0.123
201806 0.190 106.317 0.231
201809 0.320 106.507 0.389
201812 0.170 105.998 0.208
201903 0.100 107.251 0.121
201906 0.060 108.070 0.072
201909 0.140 108.329 0.167
201912 0.030 108.420 0.036
202003 -0.040 108.902 -0.048
202006 0.060 108.767 0.071
202009 0.130 109.815 0.153
202012 0.250 109.897 0.294
202103 0.340 111.754 0.394
202106 0.430 114.631 0.485
202109 0.290 115.734 0.324
202112 0.200 117.630 0.220
202203 0.110 121.301 0.117
202206 0.240 125.017 0.248
202209 0.040 125.227 0.041
202212 0.180 125.222 0.186
202303 0.250 127.348 0.254
202306 0.380 128.729 0.382
202309 0.370 129.860 0.369
202312 0.190 129.419 0.190

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


Vicor  (NAS:VICR) 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.

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

Shiller PE Ratio=Share Price/E10
=34.30/0.48
=71.46

* 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 Vicor was 5070.00. The lowest was 70.56. And the median was 403.98.


Be Aware

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


Vicor E10 Related Terms

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


Vicor (VICR) Business Description

Traded in Other Exchanges
Address
25 Frontage Road, Andover, MA, USA, 01810
Vicor Corp manufactures and markets modular power components and complete power systems. It provides modular power converters and configurable products, advanced power component products and integrated circuits, and related products. Its products include Converters, Power Systems, Filters, Custom Power Systems, Input Modules, and others. Geographically, it derives a majority of its revenue from the Asia Pacific.
Executives
Quentin A. Fendelet officer: Corp. VP-CAO 25 FRONTAGE RD., ANDOVER MA 01810
Alvaro Doyle officer: VP and CIO 25 FRONTAGE RD., ANDOVER MA 01810
Claudio Tuozzolo director, officer: Corp. Vice President 25 FRONTAGE ROAD, ANDOVER MA 01810
Kemble D Morrison other: VICE PRESIDENT CORP CONTROLLER 25 FRONTAGE ROAD, ANDOVER MA 01810
Nancy L Grava officer: VP-Human Resources 25 FRONTAGE RD., ANDOVER MA 01810
Andrew D'amico director 25 FRONTAGE RD., ANDOVER MA 01810
Sean Crilly officer: Corp. VP-Engineering, Pwr.Sys. 25 FRONTAGE RD., ANDOVER MA 01810
Estia J Eichten director 25 FRONTAGE ROAD, ANDOVER MA 01810
Zmira Lavie director 25 FRONTAGE RD., ANDOVER MA 01810
Zheng John Shen director 25 FRONTAGE RD, ANDOVER MA 01810
Nagel Richard J Jr officer: VP-Chief Accounting Officer 25 FRONTAGE ROAD, ANDOVER MA 01810
Patrizio Vinciarelli director, 10 percent owner, officer: Chairman and CEO C/O VICOR CORPORATION, 25 FRONTAGE ROAD, ANDOVER MA 01810
Alex Gusinov officer: Corp. VP Engineering 25 FRONTAGE RD., ANDOVER MA 01810
Michael Mcnamara officer: VP Quality & Tech Ops. 25 FRONTAGE RD, ANDOVER MA 01810
Philip D Davies officer: VP - Global Sales & Marketing 25 FRONTAGE RD., ANDOVER MA 01810