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Amyris (FRA:3A01) E10 : €-12.60 (As of Mar. 2023)


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What is Amyris 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.

Amyris's adjusted earnings per share data for the three months ended in Mar. 2023 was €-0.495. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-12.60 for the trailing ten years ended in Mar. 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 (2024-06-19), Amyris's current stock price is €0.0391. Amyris's E10 for the quarter that ended in Mar. 2023 was €-12.60. Amyris's Shiller PE Ratio of today is .


Amyris E10 Historical Data

The historical data trend for Amyris'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.

Amyris E10 Chart

Amyris Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -72.43 -55.31 -18.40 -16.88 -13.69

Amyris Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -16.09 -16.29 -16.89 -13.69 -12.60

Competitive Comparison of Amyris's E10

For the Specialty Chemicals subindustry, Amyris'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.


Amyris's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Amyris's Shiller PE Ratio distribution charts can be found below:

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



Amyris 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, Amyris's adjusted earnings per share data for the three months ended in Mar. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.495/127.3478*127.3478
=-0.495

Current CPI (Mar. 2023) = 127.3478.

Amyris Quarterly Data

per share eps CPI Adj_EPS
201306 -5.799 98.518 -7.496
201309 -3.590 98.790 -4.628
201312 -20.038 98.326 -25.952
201403 -3.687 99.695 -4.710
201406 -4.968 100.560 -6.291
201409 -5.354 100.428 -6.789
201412 4.808 99.070 6.180
201503 -9.148 99.621 -11.694
201506 -8.286 100.684 -10.480
201509 -7.351 100.392 -9.325
201512 -3.856 99.792 -4.921
201603 -1.616 100.470 -2.048
201606 -1.486 101.688 -1.861
201609 -1.060 101.861 -1.325
201612 -1.991 101.863 -2.489
201703 -1.805 102.862 -2.235
201706 -0.392 103.349 -0.483
201709 -0.956 104.136 -1.169
201712 -0.144 104.011 -0.176
201803 -1.354 105.290 -1.638
201806 -0.205 106.317 -0.246
201809 -1.080 106.507 -1.291
201812 -0.905 105.998 -1.087
201903 -0.726 107.251 -0.862
201906 -0.673 108.070 -0.793
201909 -0.508 108.329 -0.597
201912 -0.630 108.420 -0.740
202003 -0.507 108.902 -0.593
202006 -0.497 108.767 -0.582
202009 -0.348 109.815 -0.404
202012 -0.362 109.897 -0.419
202103 -0.907 111.754 -1.034
202106 -0.133 114.631 -0.148
202109 -0.230 115.734 -0.253
202112 0.089 117.630 0.096
202203 -0.336 121.301 -0.353
202206 -0.416 125.017 -0.424
202209 -0.505 125.227 -0.514
202212 -0.434 125.222 -0.441
202303 -0.495 127.348 -0.495

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


Amyris  (FRA:3A01) 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.


Amyris E10 Related Terms

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


Amyris (FRA:3A01) Business Description

Traded in Other Exchanges
Address
5885 Hollis Street, Suite 100, Emeryville, CA, USA, 94608
Amyris Inc is an industrial biotechnology company. It is engaged in the engineering, manufacturing, and sales of products in a variety of consumer and industrial markets, including cosmetics, flavors and fragrances, solvents and cleaners, polymers, lubricants, healthcare products, and fuels. The business operations are spread across the world with the majority of the revenues generated in the United States. The company generates revenue from the sale of renewable products, licenses of and royalties from intellectual property, and grants, and collaborative research and development services.

Amyris (FRA:3A01) Headlines

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