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Comet Lithium (FRA:8QY) E10 : €-0.20 (As of Sep. 2024)


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What is Comet Lithium 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.

Comet Lithium's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.20 for the trailing ten years ended in Sep. 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 (2025-03-19), Comet Lithium's current stock price is €0.094. Comet Lithium's E10 for the quarter that ended in Sep. 2024 was €-0.20. Comet Lithium's Shiller PE Ratio of today is .


Comet Lithium E10 Historical Data

The historical data trend for Comet Lithium'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.

Comet Lithium E10 Chart

Comet Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.42

Comet Lithium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.47 -0.42 -0.41 -0.21 -0.20

Competitive Comparison of Comet Lithium's E10

For the Other Precious Metals & Mining subindustry, Comet Lithium'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.


Comet Lithium's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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



Comet Lithium 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, Comet Lithium's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.001/127.2847*127.2847
=0.001

Current CPI (Sep. 2024) = 127.2847.

Comet Lithium Quarterly Data

per share eps CPI Adj_EPS
201412 -0.049 98.367 -0.063
201503 -0.051 99.789 -0.065
201506 -0.050 100.500 -0.063
201509 -0.094 100.421 -0.119
201512 -0.094 99.947 -0.120
201603 -0.013 101.054 -0.016
201606 -0.048 102.002 -0.060
201609 -0.048 101.765 -0.060
201612 -0.099 101.449 -0.124
201703 -0.049 102.634 -0.061
201706 -0.094 103.029 -0.116
201709 -0.016 103.345 -0.020
201712 -0.046 103.345 -0.057
201803 -0.018 105.004 -0.022
201806 -0.046 105.557 -0.055
201809 -0.046 105.636 -0.055
201812 -0.412 105.399 -0.498
201903 -0.030 106.979 -0.036
201906 -0.047 107.690 -0.056
201909 -0.017 107.611 -0.020
201912 0.000 107.769 0.000
202003 -0.016 107.927 -0.019
202006 -0.014 108.401 -0.016
202009 -0.045 108.164 -0.053
202012 -0.045 108.559 -0.053
202103 -0.010 110.298 -0.012
202106 -0.012 111.720 -0.014
202109 -0.011 112.905 -0.012
202112 0.000 113.774 0.000
202203 -0.007 117.646 -0.008
202206 -0.007 120.806 -0.007
202209 -0.008 120.648 -0.008
202212 0.007 120.964 0.007
202303 -0.027 122.702 -0.028
202306 -0.014 124.203 -0.014
202309 0.001 125.230 0.001
202312 -0.089 125.072 -0.091
202403 -0.007 126.258 -0.007
202406 -0.003 127.522 -0.003
202409 0.001 127.285 0.001

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


Comet Lithium  (FRA:8QY) 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.


Comet Lithium E10 Related Terms

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


Comet Lithium Business Description

Traded in Other Exchanges
Address
147 Avenue Quebec, Porte Arriere, Rouyn-Noranda, QC, CAN, J9X 6M8
Comet Lithium Corp is a Lithium-focused exploration entity engaged in acquiring, exploring, and developing mining properties. It has interests in properties at the exploration stage located in Canada. Its flagship asset are the Liberty Property, James Bay property, Troilus East property, and Ducran property.

Comet Lithium Headlines

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