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Burcon NutraScience (Burcon NutraScience) E10 : $-0.09 (As of Jun. 2023)


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What is Burcon NutraScience 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.

Burcon NutraScience's adjusted earnings per share data for the three months ended in Jun. 2023 was $-0.015. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.09 for the trailing ten years ended in Jun. 2023.

During the past 5 years, the average E10 Growth Rate was 3.80% per year. During the past 10 years, the average E10 Growth Rate was 1.30% 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 Burcon NutraScience was 8.40% per year. The lowest was -2.70% per year. And the median was 2.60% per year.

As of today (2024-05-01), Burcon NutraScience's current stock price is $0.2044. Burcon NutraScience's E10 for the quarter that ended in Jun. 2023 was $-0.09. Burcon NutraScience's Shiller PE Ratio of today is .


Burcon NutraScience E10 Historical Data

The historical data trend for Burcon NutraScience'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.

Burcon NutraScience E10 Chart

Burcon NutraScience 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 -0.09 -0.08 -0.08 -0.08 -0.09

Burcon NutraScience Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -0.09 -0.08 -0.09 -0.09 -0.09

Competitive Comparison of Burcon NutraScience's E10

For the Packaged Foods subindustry, Burcon NutraScience'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.


Burcon NutraScience's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Burcon NutraScience's Shiller PE Ratio distribution charts can be found below:

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



Burcon NutraScience 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, Burcon NutraScience's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.015/124.2033*124.2033
=-0.015

Current CPI (Jun. 2023) = 124.2033.

Burcon NutraScience Quarterly Data

per share eps CPI Adj_EPS
201309 -0.029 97.419 -0.037
201312 -0.028 96.945 -0.036
201403 -0.021 98.604 -0.026
201406 -0.022 99.473 -0.027
201409 -0.027 99.394 -0.034
201412 -0.026 98.367 -0.033
201503 -0.024 99.789 -0.030
201506 -0.024 100.500 -0.030
201509 -0.018 100.421 -0.022
201512 -0.022 99.947 -0.027
201603 -0.018 101.054 -0.022
201606 -0.019 102.002 -0.023
201609 -0.018 101.765 -0.022
201612 -0.018 101.449 -0.022
201703 -0.020 102.634 -0.024
201706 -0.018 103.029 -0.022
201709 -0.015 103.345 -0.018
201712 -0.019 103.345 -0.023
201803 -0.019 105.004 -0.022
201806 -0.009 105.557 -0.011
201809 -0.014 105.636 -0.016
201812 -0.022 105.399 -0.026
201903 -0.022 106.979 -0.026
201906 -0.023 107.690 -0.027
201909 -0.008 107.611 -0.009
201912 -0.008 107.769 -0.009
202003 -0.014 107.927 -0.016
202006 -0.007 108.401 -0.008
202009 0.030 108.164 0.034
202012 -0.008 108.559 -0.009
202103 -0.024 110.298 -0.027
202106 -0.025 111.720 -0.028
202109 -0.008 112.905 -0.009
202112 -0.008 113.774 -0.009
202203 -0.024 117.646 -0.025
202206 -0.031 120.806 -0.032
202209 -0.022 120.648 -0.023
202212 -0.110 120.964 -0.113
202303 -0.007 122.702 -0.007
202306 -0.015 124.203 -0.015

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


Burcon NutraScience  (OTCPK:BRCNF) 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.


Burcon NutraScience E10 Related Terms

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


Burcon NutraScience (Burcon NutraScience) Business Description

Traded in Other Exchanges
Address
1946 West Broadway, Vancouver, BC, CAN, V6J 1Z2
Burcon NutraScience Corp is a technology company in the development of plant-based proteins. With over 290 issued patent applications, that have been developed, Burcon has grown a portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed, and more. Its joint venture Merit Foods is building a protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients.

Burcon NutraScience (Burcon NutraScience) Headlines

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