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Clarke (Clarke) E10 : $0.34 (As of Mar. 2024)


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What is Clarke 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.

Clarke's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.126. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Clarke's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 2.30% per year. During the past 5 years, the average E10 Growth Rate was 2.70% 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 Clarke was 41.50% per year. The lowest was -11.90% per year. And the median was 4.80% per year.

As of today (2024-05-14), Clarke's current stock price is $9.5373. Clarke's E10 for the quarter that ended in Mar. 2024 was $0.34. Clarke's Shiller PE Ratio of today is 28.05.

During the past 13 years, the highest Shiller PE Ratio of Clarke was 28.31. The lowest was 3.46. And the median was 10.19.


Clarke E10 Historical Data

The historical data trend for Clarke'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.

Clarke E10 Chart

Clarke 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 1.18 0.76 0.87 0.87 0.71

Clarke Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.86 0.91 0.77 0.71 0.34

Competitive Comparison of Clarke's E10

For the Lodging subindustry, Clarke'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.


Clarke's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Clarke's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.126/125.4675*125.4675
=0.126

Current CPI (Mar. 2024) = 125.4675.

Clarke Quarterly Data

per share eps CPI Adj_EPS
201406 0.868 99.473 1.095
201409 0.754 99.394 0.952
201412 -0.321 98.367 -0.409
201503 0.151 99.789 0.190
201506 -0.097 100.500 -0.121
201509 -0.935 100.421 -1.168
201512 0.277 99.947 0.348
201603 -0.219 101.054 -0.272
201606 0.318 102.002 0.391
201609 0.709 101.765 0.874
201612 0.472 101.449 0.584
201703 0.209 102.634 0.255
201706 0.000 103.029 0.000
201709 -0.002 103.345 -0.002
201712 -0.031 103.345 -0.038
201803 0.124 105.004 0.148
201806 0.053 105.557 0.063
201809 0.376 105.636 0.447
201812 -0.566 105.399 -0.674
201903 2.274 106.979 2.667
201906 -0.098 107.690 -0.114
201909 -0.181 107.611 -0.211
201912 0.167 107.769 0.194
202003 -2.335 107.927 -2.714
202006 0.280 108.401 0.324
202009 0.506 108.164 0.587
202012 0.695 108.559 0.803
202103 0.199 110.298 0.226
202106 0.164 111.720 0.184
202109 0.126 112.905 0.140
202112 0.273 113.774 0.301
202203 -0.079 117.646 -0.084
202206 -0.031 120.806 -0.032
202209 0.187 120.648 0.194
202212 0.074 120.964 0.077
202303 -0.088 122.702 -0.090
202306 -0.023 124.203 -0.023
202309 -0.096 125.230 -0.096
202312 0.395 125.468 0.395
202403 0.126 125.468 0.126

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


Clarke  (OTCPK:CLKFF) 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.

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

Shiller PE Ratio=Share Price/E10
=9.5373/0.34
=28.05

* 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 Clarke was 28.31. The lowest was 3.46. And the median was 10.19.


Be Aware

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


Clarke E10 Related Terms

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


Clarke (Clarke) Business Description

Traded in Other Exchanges
Address
145 Hobsons Lake Drive, Suite 106, Halifax, NS, CAN, B3S 0H9
Clarke Inc is an investment holding company that invests in a diversified group of businesses, operating primarily in Canada. The company operates in two segments namely, Investment and Hospitality. The Investment segment includes investments in a diversified group of businesses, operating primarily in Canada. The Hospitality segment includes the ownership and operation of hotels and the provision of hotel management services to third parties by Holloway. The maximum revenue for the company is generated from the Hospitality Segment.

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