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Medicalgorithmics (WAR:MDG) E10 : zł-1.18 (As of Dec. 2023)


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What is Medicalgorithmics 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.

Medicalgorithmics's adjusted earnings per share data for the three months ended in Dec. 2023 was zł-0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-1.18 for the trailing ten years ended in Dec. 2023.

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), Medicalgorithmics's current stock price is zł26.16. Medicalgorithmics's E10 for the quarter that ended in Dec. 2023 was zł-1.18. Medicalgorithmics's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Medicalgorithmics was 5.54. The lowest was 3.08. And the median was 4.69.


Medicalgorithmics E10 Historical Data

The historical data trend for Medicalgorithmics'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.

Medicalgorithmics E10 Chart

Medicalgorithmics 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 - - - -0.67 -1.18

Medicalgorithmics 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 -0.67 -0.79 -0.92 -1.04 -1.18

Competitive Comparison of Medicalgorithmics's E10

For the Medical Devices subindustry, Medicalgorithmics'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.


Medicalgorithmics's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medicalgorithmics's Shiller PE Ratio distribution charts can be found below:

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



Medicalgorithmics 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, Medicalgorithmics'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)
=-0.07/147.7411*147.7411
=-0.070

Current CPI (Dec. 2023) = 147.7411.

Medicalgorithmics Quarterly Data

per share eps CPI Adj_EPS
201403 1.100 101.262 1.605
201406 1.120 101.180 1.635
201409 1.190 100.611 1.747
201412 0.810 100.122 1.195
201503 1.470 100.041 2.171
201506 1.516 100.448 2.230
201509 0.799 99.634 1.185
201512 0.080 99.471 0.119
201603 -1.730 98.983 -2.582
201606 2.700 99.552 4.007
201609 1.110 99.064 1.655
201612 8.530 100.366 12.556
201703 0.540 101.018 0.790
201706 2.140 101.180 3.125
201709 2.340 101.343 3.411
201712 2.040 102.564 2.939
201803 1.140 102.564 1.642
201806 0.680 103.378 0.972
201809 0.510 103.378 0.729
201812 1.680 103.785 2.392
201903 1.240 104.274 1.757
201906 0.390 105.983 0.544
201909 0.200 105.983 0.279
201912 -0.460 107.123 -0.634
202003 -0.910 109.076 -1.233
202006 -0.330 109.402 -0.446
202009 -0.800 109.320 -1.081
202012 -1.180 109.565 -1.591
202103 -0.230 112.658 -0.302
202106 -0.660 113.960 -0.856
202109 -0.310 115.588 -0.396
202112 -38.710 119.088 -48.024
202203 -11.140 125.031 -13.163
202206 1.390 131.705 1.559
202209 5.510 135.531 6.006
202212 2.160 139.113 2.294
202303 0.150 145.950 0.152
202306 -0.120 147.009 -0.121
202309 -0.020 146.113 -0.020
202312 -0.070 147.741 -0.070

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


Medicalgorithmics  (WAR:MDG) 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 Medicalgorithmics was 5.54. The lowest was 3.08. And the median was 4.69.


Be Aware

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


Medicalgorithmics E10 Related Terms

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


Medicalgorithmics (WAR:MDG) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Zurawia 22, Warsaw, POL, 00-515
Medicalgorithmics SA is a medical technology company. It is engaged in the development of Digital Signal Processing (DSP) algorithms development and software and hardware electronics design for medical applications.

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