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Research Solutions (FRA:61I) E10 : €-0.06 (As of Mar. 2024)


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What is Research Solutions 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.

Research Solutions's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.06 for the trailing ten years ended in Mar. 2024.

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 (2024-05-25), Research Solutions's current stock price is €2.52. Research Solutions's E10 for the quarter that ended in Mar. 2024 was €-0.06. Research Solutions's Shiller PE Ratio of today is .


Research Solutions E10 Historical Data

The historical data trend for Research Solutions'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.

Research Solutions E10 Chart

Research Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.06 -0.05

Research Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.05 -0.05 -0.06 -0.05 -0.06

Competitive Comparison of Research Solutions's E10

For the Software - Application subindustry, Research Solutions'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.


Research Solutions's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Research Solutions's Shiller PE Ratio distribution charts can be found below:

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



Research Solutions 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, Research Solutions's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.002/131.7762*131.7762
=0.002

Current CPI (Mar. 2024) = 131.7762.

Research Solutions Quarterly Data

per share eps CPI Adj_EPS
201406 -0.029 100.560 -0.038
201409 0.054 100.428 0.071
201412 -0.008 99.070 -0.011
201503 0.000 99.621 0.000
201506 -0.018 100.684 -0.024
201509 -0.009 100.392 -0.012
201512 -0.018 99.792 -0.024
201603 0.002 100.470 0.003
201606 0.000 101.688 0.000
201609 -0.018 101.861 -0.023
201612 -0.038 101.863 -0.049
201703 -0.028 102.862 -0.036
201706 -0.018 103.349 -0.023
201709 -0.034 104.136 -0.043
201712 -0.025 104.011 -0.032
201803 -0.008 105.290 -0.010
201806 0.000 106.317 0.000
201809 -0.009 106.507 -0.011
201812 -0.026 105.998 -0.032
201903 -0.004 107.251 -0.005
201906 0.000 108.070 0.000
201909 -0.003 108.329 -0.004
201912 -0.027 108.420 -0.033
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 -0.008 109.897 -0.010
202103 0.002 111.754 0.002
202106 0.000 114.631 0.000
202109 -0.009 115.734 -0.010
202112 -0.018 117.630 -0.020
202203 -0.009 121.301 -0.010
202206 -0.009 125.017 -0.009
202209 0.010 125.227 0.011
202212 -0.009 125.222 -0.009
202303 0.009 127.348 0.009
202306 0.009 128.729 0.009
202309 -0.037 129.860 -0.038
202312 -0.002 129.419 -0.002
202403 0.002 131.776 0.002

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


Research Solutions  (FRA:61I) 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.


Research Solutions E10 Related Terms

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


Research Solutions (FRA:61I) Business Description

Traded in Other Exchanges
Address
10624 S. Eastern Avenue, Suite A-614, Henderson, NV, USA, 89052
Research Solutions Inc is a holding company. The company provides a cloud-based SaaS research intelligence platform consisting of proprietary software and Internet-based interfaces. Its platform also allows customers to find and download digital versions of STM articles. Platforms and Transactions are packaged as a single solution that enables life science and other research-intensive organizations to speed up research and development activities. The company platform allows customers to initiate orders, manage transactions, automate authentication, obtain reports, and connect seamlessly to corporate intranets.

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