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Clarus (FRA:BDO) E10 : €-0.24 (As of Mar. 2024)


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What is Clarus 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.

Clarus's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.524. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.24 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -33.60% 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 Clarus was 74.70% per year. The lowest was -59.50% per year. And the median was -13.65% per year.

As of today (2024-05-21), Clarus's current stock price is €6.30. Clarus's E10 for the quarter that ended in Mar. 2024 was €-0.24. Clarus's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Clarus was 747.00. The lowest was 21.10. And the median was 88.80.


Clarus E10 Historical Data

The historical data trend for Clarus'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.

Clarus E10 Chart

Clarus 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 0.14 -0.10 -0.08 -0.28 -0.26

Clarus 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 -0.25 -0.26 -0.26 -0.26 -0.24

Competitive Comparison of Clarus's E10

For the Leisure subindustry, Clarus'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.


Clarus's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Clarus's Shiller PE Ratio distribution charts can be found below:

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



Clarus 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, Clarus'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)
=0.524/131.7762*131.7762
=0.524

Current CPI (Mar. 2024) = 131.7762.

Clarus Quarterly Data

per share eps CPI Adj_EPS
201406 -0.110 100.560 -0.144
201409 0.487 100.428 0.639
201412 -0.024 99.070 -0.032
201503 -0.046 99.621 -0.061
201506 -0.151 100.684 -0.198
201509 -1.348 100.392 -1.769
201512 -0.585 99.792 -0.772
201603 -0.116 100.470 -0.152
201606 -0.089 101.688 -0.115
201609 -0.009 101.861 -0.012
201612 -0.047 101.863 -0.061
201703 -0.047 102.862 -0.060
201706 -0.106 103.349 -0.135
201709 -0.042 104.136 -0.053
201712 0.168 104.011 0.213
201803 0.008 105.290 0.010
201806 -0.026 106.317 -0.032
201809 0.119 106.507 0.147
201812 0.105 105.998 0.131
201903 0.106 107.251 0.130
201906 -0.018 108.070 -0.022
201909 0.100 108.329 0.122
201912 0.358 108.420 0.435
202003 0.001 108.902 0.001
202006 -0.080 108.767 -0.097
202009 0.034 109.815 0.041
202012 0.181 109.897 0.217
202103 0.143 111.754 0.169
202106 0.050 114.631 0.057
202109 0.111 115.734 0.126
202112 0.319 117.630 0.357
202203 0.118 121.301 0.128
202206 0.085 125.017 0.090
202209 0.071 125.227 0.075
202212 -2.077 125.222 -2.186
202303 0.037 127.348 0.038
202306 -0.055 128.729 -0.056
202309 -0.028 129.860 -0.028
202312 -0.202 129.419 -0.206
202403 0.524 131.776 0.524

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


Clarus  (FRA:BDO) 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.

During the past 13 years, the highest Shiller P/E Ratio of Clarus was 747.00. The lowest was 21.10. And the median was 88.80.


Be Aware

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


Clarus E10 Related Terms

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


Clarus (FRA:BDO) Business Description

Traded in Other Exchanges
Address
2084 East 3900 South, Salt Lake City, UT, USA, 84124
Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment which includes Black Diamond Equipment, PIEPS, and SKINourishment. Precision Sports segment, formerly known as Sierra segment, which includes Sierra and Barnes, includes two iconic American manufacturers of a wide range of high-performance bullets and ammunition for both rifles and pistols. The adventure segment includes Rhino-Rack and MAXTRAX. It derives the majority of its revenue from the Outdoor segment.

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