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Cohu (COHU) E10 : $0.42 (As of Sep. 2024)


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What is Cohu 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.

Cohu's adjusted earnings per share data for the three months ended in Sep. 2024 was $-0.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.42 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Cohu's average E10 Growth Rate was -19.20% 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 Cohu was 67.70% per year. The lowest was -184.40% per year. And the median was 1.55% per year.

As of today (2024-12-13), Cohu's current stock price is $27.24. Cohu's E10 for the quarter that ended in Sep. 2024 was $0.42. Cohu's Shiller PE Ratio of today is 64.86.

During the past 13 years, the highest Shiller PE Ratio of Cohu was 2522.00. The lowest was 48.36. And the median was 101.93.


Cohu E10 Historical Data

The historical data trend for Cohu'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.

Cohu E10 Chart

Cohu 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 -0.07 -0.23 0.03 0.30 0.55

Cohu 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 0.52 0.55 0.55 0.50 0.42

Competitive Comparison of Cohu's E10

For the Semiconductor Equipment & Materials subindustry, Cohu'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.


Cohu's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Cohu's Shiller PE Ratio distribution charts can be found below:

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



Cohu 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, Cohu'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)
=-0.39/133.0289*133.0289
=-0.390

Current CPI (Sep. 2024) = 133.0289.

Cohu Quarterly Data

per share eps CPI Adj_EPS
201412 0.010 99.070 0.013
201503 -0.110 99.621 -0.147
201506 0.000 100.684 0.000
201509 0.040 100.392 0.053
201512 0.070 99.792 0.093
201603 -0.060 100.470 -0.079
201606 0.090 101.688 0.118
201609 0.010 101.861 0.013
201612 0.080 101.863 0.104
201703 0.240 102.862 0.310
201706 0.360 103.349 0.463
201709 0.300 104.136 0.383
201712 0.230 104.011 0.294
201803 0.280 105.290 0.354
201806 0.390 106.317 0.488
201809 0.160 106.507 0.200
201812 -1.400 105.998 -1.757
201903 -0.550 107.251 -0.682
201906 -0.470 108.070 -0.579
201909 -0.250 108.329 -0.307
201912 -0.420 108.420 -0.515
202003 -0.420 108.902 -0.513
202006 -0.110 108.767 -0.135
202009 -0.160 109.815 -0.194
202012 0.340 109.897 0.412
202103 0.610 111.754 0.726
202106 1.920 114.631 2.228
202109 0.480 115.734 0.552
202112 0.420 117.630 0.475
202203 0.440 121.301 0.483
202206 0.590 125.017 0.628
202209 0.510 125.227 0.542
202212 0.450 125.222 0.478
202303 0.330 127.348 0.345
202306 0.220 128.729 0.227
202309 0.080 129.860 0.082
202312 -0.040 129.419 -0.041
202403 -0.310 131.776 -0.313
202406 -0.340 132.554 -0.341
202409 -0.390 133.029 -0.390

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


Cohu  (NAS:COHU) 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.

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

Shiller PE Ratio=Share Price/E10
=27.24/0.42
=64.86

* 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 Cohu was 2522.00. The lowest was 48.36. And the median was 101.93.


Be Aware

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


Cohu E10 Related Terms

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


Cohu Business Description

Traded in Other Exchanges
Address
12367 Crothwaite Circle, Poway, CA, USA, 92064-6817
Cohu Inc is a supplier of semiconductor test and inspection handlers, micro-electro-mechanical system (MEMS) test modules, test contactors, and thermal sub-systems used by semiconductor manufacturers and test subcontractors. The company's products include Semiconductor ATE (Automated Test Equipment), Semiconductor Handlers, Interface Products such as test contactors, probe heads and probe pins, Spares and Kits, Bare Board PCB Test Systems, and services. It has one reportable segment, Semiconductor Test and Inspection Equipment (Semiconductor Test & Inspection).
Executives
Christopher Bohrson officer: VP & General Manager, Delta 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
William Bendush director MICROSEMI CORPORATION, ONE ENTERPRISE, ALISO VIEJO CA 92656
Thomas D Kampfer officer: VP Corp Dev, GC & Sec C/O COHU, INC., 12367 CROSTHWAITE CIRCLE, POWAY CA 92128
Steven J Bilodeau director C/O COHU, INC., 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Ian P Lawee officer: VP & GM Semiconductor Test Grp 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Jeffrey D Jones officer: VP Finance & CFO 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Andreas W Mattes director C/O DIEBOLD, INCORPORATED, 5995 MAYFAIR RD, NORTH CANTON OH 44720
Andrew M Caggia director 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Luis A Muller officer: President, Delta Design, Inc. 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Yon Jorden director 750 WEST JOHN CARPENTER FREEWAY, SUITE 1200, IRVING TX 75039
James A Donahue officer: President & CEO
Pascal Ronde officer: Sr. VP, Global Customer Team LES CONQUERANTS - BATIMENT 1, AVENUE DE L'ATLANTIQUE, LES ULIS I0 91940
Robert L Ciardella director
Lynne J Camp director 714 NW 914TH TERRACE, PORTLAND OR 97229