Switch to:
Century Casinos Inc  (NAS:CNTY) E10: $0.18 (As of Jun. 2017)

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.

Century Casinos Inc's adjusted earnings per share data for the three months ended in Jun. 2017 was $0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.18 for the trailing ten years ended in Jun. 2017.

As of today, Century Casinos Inc's current stock price is $8.09. Century Casinos Inc's E10 for the quarter that ended in Jun. 2017 was $0.18. Century Casinos Inc's Shiller PE Ratio of today is 44.94.

During the past 13 years, the highest Shiller PE Ratio of Century Casinos Inc was 50.95. The lowest was 4.79. And the median was 18.25.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Century Casinos Inc Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.00 0.15 0.17 0.17

Century Casinos Inc Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
E10 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 Premium Member Only Premium Member Only Premium Member Only 0.17 0.17 0.17 0.17 0.18

Competitive Comparison
* 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.


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.

For example, Century Casinos Inc's adjusted earnings per share data for the three months ended in Jun. 2017 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=0.07/244.955*244.955
=0.070

Current CPI (Jun. 2017) = 244.955.

Century Casinos Inc Quarterly Data

per share eps CPI Adj_EPS
200709 0.080 208.490 0.094
200712 0.010 210.036 0.012
200803 0.020 213.528 0.023
200806 0.040 218.815 0.045
200809 -0.600 218.783 -0.672
200812 -0.020 210.228 -0.023
200903 0.010 212.709 0.012
200906 0.800 215.693 0.909
200909 -0.030 215.969 -0.034
200912 -0.330 215.949 -0.374
201003 0.010 217.631 0.011
201006 -0.010 217.965 -0.011
201009 0.010 218.439 0.011
201012 0.030 219.179 0.034
201103 0.020 223.467 0.022
201106 0.030 225.722 0.033
201109 0.060 226.889 0.065
201112 0.030 225.672 0.033
201203 0.050 229.392 0.053
201206 0.050 229.478 0.053
201209 0.050 231.407 0.053
201212 0.030 229.601 0.032
201303 0.070 232.773 0.074
201306 0.150 233.504 0.157
201309 0.040 234.149 0.042
201312 0.000 233.049 0.000
201403 0.020 236.293 0.021
201406 0.010 238.343 0.010
201409 0.030 238.031 0.031
201412 -0.010 234.812 -0.010
201503 0.080 236.119 0.083
201506 0.270 238.638 0.277
201509 0.110 237.945 0.113
201512 0.010 236.525 0.010
201603 0.090 238.132 0.093
201606 0.090 241.018 0.091
201609 0.080 241.428 0.081
201612 0.120 241.432 0.122
201703 0.090 243.801 0.090
201706 0.070 244.955 0.070

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

Century Casinos Inc's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.09/0.18
=44.94

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

During the past 13 years, the highest Shiller P/E Ratio of Century Casinos Inc was 50.95. The lowest was 4.79. And the median was 18.25.


Be Aware

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


Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK