GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Westaim Corp (FRA:7N4) » Definitions » E10

The Westaim (FRA:7N4) E10 : €0.69 (As of Mar. 2025)


View and export this data going back to 2018. Start your Free Trial

What is The Westaim 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.

The Westaim's adjusted earnings per share data for the three months ended in Mar. 2025 was €-0.314. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.69 for the trailing ten years ended in Mar. 2025.

During the past 12 months, The Westaim's average E10 Growth Rate was -35.80% per year. During the past 3 years, the average E10 Growth Rate was -39.80% per year. During the past 5 years, the average E10 Growth Rate was -46.70% 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 The Westaim was 37.40% per year. The lowest was -81.80% per year. And the median was 6.60% per year.

As of today (2025-06-28), The Westaim's current stock price is €19.30. The Westaim's E10 for the quarter that ended in Mar. 2025 was €0.69. The Westaim's Shiller PE Ratio of today is 27.97.

During the past 13 years, the highest Shiller PE Ratio of The Westaim was 178.20. The lowest was 0.52. And the median was 2.35.


The Westaim E10 Historical Data

The historical data trend for The Westaim'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.

The Westaim E10 Chart

The Westaim Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.63 3.82 0.07 0.93 0.80

The Westaim Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.12 1.14 0.96 0.80 0.69

Competitive Comparison of The Westaim's E10

For the Asset Management subindustry, The Westaim'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.


The Westaim's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Westaim's Shiller PE Ratio distribution charts can be found below:

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


;
;

The Westaim 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, The Westaim's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.314/134.9266*134.9266
=-0.314

Current CPI (Mar. 2025) = 134.9266.

The Westaim Quarterly Data

per share eps CPI Adj_EPS
201506 -0.267 100.684 -0.358
201509 0.374 100.392 0.503
201512 -0.221 99.792 -0.299
201603 0.054 100.470 0.073
201606 -0.214 101.688 -0.284
201609 -0.160 101.861 -0.212
201612 -0.057 101.863 -0.076
201703 0.056 102.862 0.073
201706 -0.374 103.349 -0.488
201709 0.201 104.136 0.260
201712 0.253 104.011 0.328
201803 0.195 105.290 0.250
201806 -0.003 106.317 -0.004
201809 0.154 106.507 0.195
201812 0.211 105.998 0.269
201903 0.372 107.251 0.468
201906 0.266 108.070 0.332
201909 0.163 108.329 0.203
201912 -0.486 108.420 -0.605
202003 -0.869 108.902 -1.077
202006 -0.005 108.767 -0.006
202009 0.023 109.815 0.028
202012 -0.493 109.897 -0.605
202103 0.302 111.754 0.365
202106 0.398 114.631 0.468
202109 0.051 115.734 0.059
202112 0.212 117.630 0.243
202203 0.109 121.301 0.121
202206 -0.057 125.017 -0.062
202209 -0.727 125.227 -0.783
202212 1.246 125.222 1.343
202303 3.699 127.348 3.919
202306 1.218 128.729 1.277
202309 0.900 129.860 0.935
202312 1.469 129.419 1.532
202403 0.938 131.776 0.960
202406 -0.725 132.554 -0.738
202409 -0.054 133.029 -0.055
202412 -0.946 133.157 -0.959
202503 -0.314 134.927 -0.314

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


The Westaim  (FRA:7N4) 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.

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

Shiller PE Ratio=Share Price/E10
=19.30/0.69
=27.97

* 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 The Westaim was 178.20. The lowest was 0.52. And the median was 2.35.


Be Aware

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


The Westaim E10 Related Terms

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


The Westaim Business Description

Traded in Other Exchanges
Address
405 Lexington Avenue, 59th Floor, Suite 1700, New York, NY, USA, 10174
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. The Company's principal investments consist of its investment in Skyward Specialty, Arena FINCOs and Arena.

The Westaim Headlines

No Headlines