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BTCS (BTCS) E10 : $-806.80 (As of Sep. 2024)


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What is BTCS 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.

BTCS's adjusted earnings per share data for the three months ended in Sep. 2024 was $-0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-806.80 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 39.30% per year. During the past 5 years, the average E10 Growth Rate was 52.20% 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 BTCS was 77.50% per year. The lowest was 39.30% per year. And the median was 57.40% per year.

As of today (2025-03-14), BTCS's current stock price is $1.72. BTCS's E10 for the quarter that ended in Sep. 2024 was $-806.80. BTCS's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of BTCS was 0.14. The lowest was 0.01. And the median was 0.09.


BTCS E10 Historical Data

The historical data trend for BTCS'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.

BTCS E10 Chart

BTCS 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 -6,690.43 -4,038.29 -555.58 -75.94 -900.96

BTCS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -904.76 -900.96 -893.51 -851.38 -806.80

Competitive Comparison of BTCS's E10

For the Capital Markets subindustry, BTCS'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.


BTCS's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BTCS's Shiller PE Ratio distribution charts can be found below:

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



BTCS 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, BTCS's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.56/133.0289*133.0289
=-0.560

Current CPI (Sep. 2024) = 133.0289.

BTCS Quarterly Data

per share eps CPI Adj_EPS
201412 -1,079.989 99.070 -1,450.189
201503 -359.996 99.621 -480.720
201506 -179.998 100.684 -237.823
201509 -359.996 100.392 -477.031
201512 -186.028 99.792 -247.986
201603 -216.002 100.470 -286.000
201606 -2,859.029 101.688 -3,740.197
201609 3.000 101.861 3.918
201612 -322.808 101.863 -421.575
201703 -534.005 102.862 -690.614
201706 3.000 103.349 3.862
201709 -27.000 104.136 -34.491
201712 0.082 104.011 0.105
201803 -0.100 105.290 -0.126
201806 -0.200 106.317 -0.250
201809 -0.200 106.507 -0.250
201812 -0.200 105.998 -0.251
201903 -0.300 107.251 -0.372
201906 -0.200 108.070 -0.246
201909 -0.200 108.329 -0.246
201912 -0.400 108.420 -0.491
202003 -0.200 108.902 -0.244
202006 -0.200 108.767 -0.245
202009 -0.330 109.815 -0.400
202012 -0.200 109.897 -0.242
202103 -2.430 111.754 -2.893
202106 -0.890 114.631 -1.033
202109 -0.590 115.734 -0.678
202112 -0.055 117.630 -0.062
202203 -0.470 121.301 -0.515
202206 -0.610 125.017 -0.649
202209 -0.080 125.227 -0.085
202212 -0.100 125.222 -0.106
202303 0.290 127.348 0.303
202306 -0.080 128.729 -0.083
202309 -0.230 129.860 -0.236
202312 0.510 129.419 0.524
202403 0.630 131.776 0.636
202406 -0.430 132.554 -0.432
202409 -0.560 133.029 -0.560

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


BTCS  (NAS:BTCS) 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 BTCS was 0.14. The lowest was 0.01. And the median was 0.09.


Be Aware

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


BTCS E10 Related Terms

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


BTCS Business Description

Traded in Other Exchanges
Address
9466 Georgia Avenue, Suite 124, Silver Spring, MD, USA, 20910
BTCS Inc is engaged in the business of hosting an online e-commerce marketplace where consumers can purchase merchandise using Digital Assets, including bitcoin. The company focuses on blockchain and Digital Asset ecosystems. The firm operates a beta e-commerce marketplace, which accepts a range of digital currencies, has designed a beta secure digital currency storage solution BTCS Wallet.
Executives
Melanie Pump director 9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Michal Handerhan director, 10 percent owner, officer: COO and Chairman 10020 RAYNOR DR, SILVER SPRING MD 20901
Charles W Allen director, 10 percent owner, officer: CEO and CFO and Director 1881 N. NASH STREET, UNIT 701, ARLINGTON VA 22209
Manish Paranjape officer: Chief Technology Officer 9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Prevoznik Michael Edward Jr officer: Chief Financial Officer 9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Andrew Lee officer: Chief Financial Officer 9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Charles Benjamin Lee director 1525 MIRAMONTE AVE #3451, LOS ALTOS CA 94024
Van Cleef Carol R director 9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
David Garrity director 157 EAST 32ND STREET, APT. 19B, NEW YORK NY 10016
Jonathan R Read director 6711 E. CAMELBACK RD, #32, SCOTTSDALE AZ 85251
Kiser Charles Arlen Jr. 10 percent owner, officer: Chief Marketing Officer 1701 N. KENT ST., ARLINGTON VA 22209
Timothy Andrew Sidie director, 10 percent owner, officer: CTO and Director 8022 LAKETOWNE CT., SEVERN MD 21144