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Amarin (FRA:EH3A) E10 : €-0.28 (As of Sep. 2024)


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What is Amarin 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.

Amarin's adjusted earnings per share data for the three months ended in Sep. 2024 was €-0.054. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.28 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was -10.10% per year. During the past 5 years, the average E10 Growth Rate was 12.20% per year. During the past 10 years, the average E10 Growth Rate was 18.40% 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 Amarin was 52.40% per year. The lowest was -10.10% per year. And the median was 20.45% per year.

As of today (2024-12-14), Amarin's current stock price is €0.384. Amarin's E10 for the quarter that ended in Sep. 2024 was €-0.28. Amarin's Shiller PE Ratio of today is .


Amarin E10 Historical Data

The historical data trend for Amarin'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.

Amarin E10 Chart

Amarin 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 -0.39 -0.19 -0.44 -0.41 -0.27

Amarin 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 -0.31 -0.27 -0.27 -0.28 -0.28

Competitive Comparison of Amarin's E10

For the Drug Manufacturers - General subindustry, Amarin'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.


Amarin's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Amarin's Shiller PE Ratio distribution charts can be found below:

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



Amarin 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, Amarin'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)
=-0.054/121.5939*121.5939
=-0.054

Current CPI (Sep. 2024) = 121.5939.

Amarin Quarterly Data

per share eps CPI Adj_EPS
201412 -0.089 99.576 -0.109
201503 -0.166 99.975 -0.202
201506 -0.312 100.573 -0.377
201509 -0.160 100.274 -0.194
201512 -0.110 99.676 -0.134
201603 -0.144 99.676 -0.176
201606 -0.062 101.072 -0.075
201609 -0.071 100.274 -0.086
201612 -0.095 99.676 -0.116
201703 -0.075 100.374 -0.091
201706 -0.045 100.673 -0.054
201709 -0.034 100.474 -0.041
201712 -0.068 100.075 -0.083
201803 -0.065 100.573 -0.079
201806 -0.103 101.072 -0.124
201809 -0.069 101.371 -0.083
201812 -0.097 100.773 -0.117
201903 -0.062 101.670 -0.074
201906 -0.009 102.168 -0.011
201909 -0.009 102.268 -0.011
201912 0.018 102.068 0.021
202003 -0.054 102.367 -0.064
202006 0.009 101.769 0.011
202009 -0.017 101.072 -0.020
202012 0.008 101.072 0.010
202103 -0.003 102.367 -0.004
202106 0.017 103.364 0.020
202109 -0.026 104.859 -0.030
202112 0.035 106.653 0.040
202203 -0.073 109.245 -0.081
202206 -0.170 112.779 -0.183
202209 -0.010 113.504 -0.011
202212 0.002 115.436 0.002
202303 -0.037 117.609 -0.038
202306 -0.037 119.662 -0.038
202309 -0.047 120.749 -0.047
202312 -0.018 120.749 -0.018
202403 -0.018 120.990 -0.018
202406 0.003 122.318 0.003
202409 -0.054 121.594 -0.054

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


Amarin  (FRA:EH3A) 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.


Amarin E10 Related Terms

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


Amarin Business Description

Traded in Other Exchanges
Address
112-114 St Stephens Green, Iconic Offices, The Greenway, Block C Ardilaun Court, Dublin, IRL, D02 TD28
Amarin Corp PLC is a biopharmaceutical company. It is focused on the commercialization and development of therapeutics to improve cardiovascular, or CV, health and reduce CV risk. Its commercialized product includes Vascepa.

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