GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Canfor Corp (OTCPK:CFPZF) » Definitions » E10

CFPZF (Canfor) E10 : $1.50 (As of Dec. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Canfor 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.

Canfor's adjusted earnings per share data for the three months ended in Dec. 2024 was $-0.372. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.50 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Canfor's average E10 Growth Rate was -23.90% per year. During the past 3 years, the average E10 Growth Rate was -3.90% per year. During the past 5 years, the average E10 Growth Rate was 23.80% 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 Canfor was 178.80% per year. The lowest was -37.90% per year. And the median was 10.70% per year.

As of today (2025-03-14), Canfor's current stock price is $10.8263. Canfor's E10 for the quarter that ended in Dec. 2024 was $1.50. Canfor's Shiller PE Ratio of today is 7.22.

During the past 13 years, the highest Shiller PE Ratio of Canfor was 791.67. The lowest was 4.77. And the median was 16.06.


Canfor E10 Historical Data

The historical data trend for Canfor'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.

Canfor E10 Chart

Canfor Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.94 2.39 2.14 1.50

Canfor Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.14 2.08 1.92 1.67 1.50

Competitive Comparison of Canfor's E10

For the Lumber & Wood Production subindustry, Canfor'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.


Canfor's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Canfor's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.372/127.3637*127.3637
=-0.372

Current CPI (Dec. 2024) = 127.3637.

Canfor Quarterly Data

per share eps CPI Adj_EPS
201503 0.174 99.789 0.222
201506 0.065 100.500 0.082
201509 -0.098 100.421 -0.124
201512 0.007 99.947 0.009
201603 0.151 101.054 0.190
201606 0.209 102.002 0.261
201609 0.290 101.765 0.363
201612 0.217 101.449 0.272
201703 0.373 102.634 0.463
201706 0.459 103.029 0.567
201709 0.415 103.345 0.511
201712 0.791 103.345 0.975
201803 0.673 105.004 0.816
201806 1.006 105.557 1.214
201809 0.752 105.636 0.907
201812 -0.290 105.399 -0.350
201903 -0.516 106.979 -0.614
201906 -0.286 107.690 -0.338
201909 -0.536 107.611 -0.634
201912 -0.235 107.769 -0.278
202003 -0.401 107.927 -0.473
202006 0.354 108.401 0.416
202009 1.315 108.164 1.548
202012 2.092 108.559 2.454
202103 2.721 110.298 3.142
202106 4.755 111.720 5.421
202109 1.326 112.905 1.496
202112 -0.133 113.774 -0.149
202203 3.389 117.646 3.669
202206 2.359 120.806 2.487
202209 0.532 120.648 0.562
202212 -1.222 120.964 -1.287
202303 -0.855 122.702 -0.887
202306 -0.271 124.203 -0.278
202309 -0.140 125.230 -0.142
202312 -0.723 125.072 -0.736
202403 -0.399 126.258 -0.402
202406 -1.175 127.522 -1.174
202409 -2.185 127.285 -2.186
202412 -0.372 127.364 -0.372

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


Canfor  (OTCPK:CFPZF) 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.

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

Shiller PE Ratio=Share Price/E10
=10.8263/1.50
=7.22

* 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 Canfor was 791.67. The lowest was 4.77. And the median was 16.06.


Be Aware

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


Canfor E10 Related Terms

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


Canfor Business Description

Traded in Other Exchanges
Address
101-161 East 4th Avenue, Vancouver, BC, CAN, V5T 1G4
Canfor is a softwood lumber company that also owns around half of Canfor Pulp. It is active throughout North America and Europe, with lumber mills in British Columbia, Alberta, the Southeastern United States, and Sweden. It has two reportable segments: lumber and pulp and paper. The lumber segment includes Canfor's sawmilling and remanufacturing operations and the pulp and paper segment includes the kraft pulp, kraft paper, and bleached chemi-thermomechanical pulp businesses of Canfor Pulp.