GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Qorvo Inc (FRA:2QO) » Definitions » E10

Qorvo (FRA:2QO) E10 : €2.20 (As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Qorvo 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.

Qorvo's adjusted earnings per share data for the three months ended in Dec. 2024 was €0.411. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.20 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Qorvo's average E10 Growth Rate was -3.40% 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.

As of today (2025-03-16), Qorvo's current stock price is €63.75. Qorvo's E10 for the quarter that ended in Dec. 2024 was €2.20. Qorvo's Shiller PE Ratio of today is 28.98.

During the past 12 years, the highest Shiller PE Ratio of Qorvo was 52.03. The lowest was 28.53. And the median was 42.61.


Qorvo E10 Historical Data

The historical data trend for Qorvo'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.

Qorvo E10 Chart

Qorvo Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.20

Qorvo Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.12 2.20 2.10 2.06 2.20

Competitive Comparison of Qorvo's E10

For the Semiconductors subindustry, Qorvo'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.


Qorvo's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.411/133.1571*133.1571
=0.411

Current CPI (Dec. 2024) = 133.1571.

Qorvo Quarterly Data

per share eps CPI Adj_EPS
201503 0.037 99.621 0.049
201506 0.009 100.684 0.012
201509 0.027 100.392 0.036
201512 -0.073 99.792 -0.097
201603 -0.162 100.470 -0.215
201606 -0.036 101.688 -0.047
201609 0.080 101.861 0.105
201612 -0.588 101.863 -0.769
201703 0.402 102.862 0.520
201706 -0.214 103.349 -0.276
201709 0.227 104.136 0.290
201712 -0.220 104.011 -0.282
201803 -0.081 105.290 -0.102
201806 -0.205 106.317 -0.257
201809 0.214 106.507 0.268
201812 0.483 105.998 0.607
201903 0.443 107.251 0.550
201906 0.292 108.070 0.360
201909 0.636 108.329 0.782
201912 1.224 108.420 1.503
202003 0.389 108.902 0.476
202006 0.737 108.767 0.902
202009 1.002 109.815 1.215
202012 1.430 109.897 1.733
202103 2.184 111.754 2.602
202106 2.083 114.631 2.420
202109 2.414 115.734 2.777
202112 1.726 117.630 1.954
202203 1.771 121.301 1.944
202206 0.615 125.017 0.655
202209 1.838 125.227 1.954
202212 -0.151 125.222 -0.161
202303 -1.298 127.348 -1.357
202306 -0.406 128.729 -0.420
202309 0.928 129.860 0.952
202312 -1.201 129.419 -1.236
202403 0.026 131.776 0.026
202406 0.004 132.554 0.004
202409 -0.162 133.029 -0.162
202412 0.411 133.157 0.411

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


Qorvo  (FRA:2QO) 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.

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

Shiller PE Ratio=Share Price/E10
=63.75/2.20
=28.98

* 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 12 years, the highest Shiller P/E Ratio of Qorvo was 52.03. The lowest was 28.53. And the median was 42.61.


Be Aware

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


Qorvo E10 Related Terms

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


Qorvo Business Description

Traded in Other Exchanges
Address
7628 Thorndike Road, Greensboro, NC, USA, 27409-9421
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.

Qorvo Headlines

No Headlines