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Cogeco Communications (Cogeco Communications) E10 : $5.25 (As of Feb. 2024)


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What is Cogeco Communications 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.

Cogeco Communications's adjusted earnings per share data for the three months ended in Feb. 2024 was $1.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.25 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Cogeco Communications's average E10 Growth Rate was 7.20% per year. During the past 3 years, the average E10 Growth Rate was 16.30% per year. During the past 5 years, the average E10 Growth Rate was 21.00% per year. During the past 10 years, the average E10 Growth Rate was 20.90% 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 Cogeco Communications was 49.80% per year. The lowest was -25.50% per year. And the median was 19.10% per year.

As of today (2024-04-28), Cogeco Communications's current stock price is $40.85. Cogeco Communications's E10 for the quarter that ended in Feb. 2024 was $5.25. Cogeco Communications's Shiller PE Ratio of today is 7.78.

During the past 13 years, the highest Shiller PE Ratio of Cogeco Communications was 53.67. The lowest was 7.41. And the median was 27.08.


Cogeco Communications E10 Historical Data

The historical data trend for Cogeco Communications'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.

Cogeco Communications E10 Chart

Cogeco Communications Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 3.54 4.46 5.12 5.06

Cogeco Communications Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 4.93 5.04 5.06 5.22 5.25

Competitive Comparison of Cogeco Communications's E10

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Shiller PE Ratio distribution charts can be found below:

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



Cogeco Communications 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, Cogeco Communications's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.63/125.4675*125.4675
=1.630

Current CPI (Feb. 2024) = 125.4675.

Cogeco Communications Quarterly Data

per share eps CPI Adj_EPS
201405 0.661 99.394 0.834
201408 1.190 99.315 1.503
201411 1.015 99.078 1.285
201502 0.952 99.078 1.206
201505 1.068 100.263 1.336
201508 1.202 100.579 1.499
201511 0.934 100.421 1.167
201602 0.913 100.421 1.141
201605 -6.095 101.765 -7.515
201608 1.169 101.686 1.442
201611 1.131 101.607 1.397
201702 1.182 102.476 1.447
201705 1.132 103.108 1.377
201708 1.134 103.108 1.380
201711 1.198 103.740 1.449
201802 2.248 104.688 2.694
201805 0.964 105.399 1.148
201808 1.112 106.031 1.316
201811 1.068 105.478 1.270
201902 1.158 106.268 1.367
201905 2.667 107.927 3.100
201908 1.364 108.085 1.583
201911 1.284 107.769 1.495
202002 1.671 108.559 1.931
202005 1.338 107.532 1.561
202008 1.429 108.243 1.656
202011 1.698 108.796 1.958
202102 1.686 109.745 1.928
202105 1.658 111.404 1.867
202108 1.619 112.668 1.803
202111 1.806 113.932 1.989
202202 1.872 115.986 2.025
202205 1.680 120.016 1.756
202208 1.765 120.569 1.837
202211 1.813 121.675 1.870
202302 1.628 122.070 1.673
202305 1.598 124.045 1.616
202308 1.447 125.389 1.448
202311 1.466 125.468 1.466
202402 1.630 125.468 1.630

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


Cogeco Communications  (OTCPK:CGEAF) 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.

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

Shiller PE Ratio=Share Price/E10
=40.85/5.25
=7.78

* 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 Cogeco Communications was 53.67. The lowest was 7.41. And the median was 27.08.


Be Aware

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


Cogeco Communications E10 Related Terms

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


Cogeco Communications (Cogeco Communications) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides Internet, video and phone services to residential, business and other customers. The reportable segments of the company are Canadian telecommunications and American telecommunications. The company earns majority of its revenue from American telecommunications. The company operates in Canada and United States.