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East Africa Metals (East Africa Metals) E10 : $-0.04 (As of Dec. 2023)


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What is East Africa Metals 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.

East Africa Metals's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.04 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-30), East Africa Metals's current stock price is $0.08. East Africa Metals's E10 for the quarter that ended in Dec. 2023 was $-0.04. East Africa Metals's Shiller PE Ratio of today is .


East Africa Metals E10 Historical Data

The historical data trend for East Africa Metals'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.

East Africa Metals E10 Chart

East Africa Metals Annual Data
Trend Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

East Africa Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 -0.08 -0.17 -0.01 -0.01 -0.04

Competitive Comparison of East Africa Metals's E10

For the Other Industrial Metals & Mining subindustry, East Africa Metals'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.


East Africa Metals's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, East Africa Metals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where East Africa Metals's Shiller PE Ratio falls into.



East Africa Metals 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, East Africa Metals's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.002/125.4675*125.4675
=-0.002

Current CPI (Dec. 2023) = 125.4675.

East Africa Metals Quarterly Data

per share eps CPI Adj_EPS
201312 -0.009 96.945 -0.012
201403 -0.018 98.604 -0.023
201406 -0.018 99.473 -0.023
201409 -0.018 99.394 -0.023
201412 -0.052 98.367 -0.066
201503 -0.024 99.789 -0.030
201506 -0.016 100.500 -0.020
201509 -0.008 100.421 -0.010
201512 -0.015 99.947 -0.019
201603 -0.008 101.054 -0.010
201606 -0.008 102.002 -0.010
201609 -0.008 101.765 -0.010
201612 -0.015 101.449 -0.019
201703 -0.015 102.634 -0.018
201706 -0.015 103.029 -0.018
201709 -0.008 103.345 -0.010
201712 -0.008 103.345 -0.010
201803 -0.008 105.004 -0.010
201806 -0.015 105.557 -0.018
201809 -0.008 105.636 -0.010
201812 -0.007 105.399 -0.008
201903 -0.003 106.979 -0.004
201906 -0.008 107.690 -0.009
201909 -0.002 107.611 -0.002
201912 0.000 107.769 0.000
202003 -0.003 107.927 -0.003
202006 -0.001 108.401 -0.001
202009 -0.002 108.164 -0.002
202012 0.000 108.559 0.000
202103 -0.008 110.298 -0.009
202106 -0.003 111.720 -0.003
202109 -0.008 112.905 -0.009
202112 -0.014 113.774 -0.015
202203 -0.002 117.646 -0.002
202206 -0.002 120.806 -0.002
202209 -0.001 120.648 -0.001
202212 -0.002 120.964 -0.002
202306 -0.003 124.203 -0.003
202309 -0.002 125.230 -0.002
202312 -0.002 125.468 -0.002

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


East Africa Metals  (OTCPK:EFRMF) 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.


Be Aware

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


East Africa Metals E10 Related Terms

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


East Africa Metals (East Africa Metals) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, 17th Floor, Vancouver, BC, CAN, V7Y 1K4
East Africa Metals Inc is a mineral exploration company focused on the identification, acquisition, exploration, development, and/or sale of base and precious mineral resource properties in Ethiopia and Tanzania. The company's mineral properties consist of one project in Ethiopia, the Harvest Project, Adyabo Project, and one project in Tanzania, the Handeni and Other Properties. The geographical segments of the company include Canada, Tanzania, and Ethiopia. It has one reportable segment Exploration and Development of Mineral Properties.

East Africa Metals (East Africa Metals) Headlines

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