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Contango Ore (FRA:F85) E10 : €-1.66 (As of Mar. 2024)


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What is Contango Ore 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.

Contango Ore's adjusted earnings per share data for the three months ended in Mar. 2024 was €-1.969. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.66 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -0.20% 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 Contango Ore was -0.20% per year. The lowest was -0.20% per year. And the median was -0.20% per year.

As of today (2024-06-19), Contango Ore's current stock price is €17.30. Contango Ore's E10 for the quarter that ended in Mar. 2024 was €-1.66. Contango Ore's Shiller PE Ratio of today is .


Contango Ore E10 Historical Data

The historical data trend for Contango Ore'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.

Contango Ore E10 Chart

Contango Ore 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 - - - - -

Contango Ore 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 - - - - -1.66

Competitive Comparison of Contango Ore's E10

For the Gold subindustry, Contango Ore'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.


Contango Ore's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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



Contango Ore 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, Contango Ore'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)
=-1.969/131.7762*131.7762
=-1.969

Current CPI (Mar. 2024) = 131.7762.

Contango Ore Quarterly Data

per share eps CPI Adj_EPS
201406 -0.140 100.560 -0.183
201409 -0.211 100.428 -0.277
201412 -0.139 99.070 -0.185
201503 -0.083 99.621 -0.110
201506 -0.359 100.684 -0.470
201509 -0.103 100.392 -0.135
201512 -0.074 99.792 -0.098
201603 -0.041 100.470 -0.054
201606 -0.061 101.688 -0.079
201609 -0.214 101.861 -0.277
201612 -0.123 101.863 -0.159
201703 -0.103 102.862 -0.132
201706 -0.142 103.349 -0.181
201709 -0.117 104.136 -0.148
201712 -0.118 104.011 -0.149
201803 -0.122 105.290 -0.153
201806 -0.565 106.317 -0.700
201809 -0.403 106.507 -0.499
201812 -0.264 105.998 -0.328
201903 -0.204 107.251 -0.251
201906 -0.301 108.070 -0.367
201909 -0.263 108.329 -0.320
201912 -0.405 108.420 -0.492
202003 -0.262 108.902 -0.317
202006 -0.346 108.767 -0.419
202009 4.736 109.815 5.683
202012 -0.426 109.897 -0.511
202103 -0.616 111.754 -0.726
202106 -0.230 114.631 -0.264
202109 -0.581 115.734 -0.662
202112 -0.634 117.630 -0.710
202203 -0.919 121.301 -0.998
202206 -1.010 125.017 -1.065
202209 -1.057 125.227 -1.112
202212 -1.902 125.222 -2.002
202303 -1.013 127.348 -1.048
202306 -1.235 128.729 -1.264
202309 -1.312 129.860 -1.331
202312 -2.679 129.419 -2.728
202403 -1.969 131.776 -1.969

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


Contango Ore  (FRA:F85) 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.


Contango Ore E10 Related Terms

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


Contango Ore (FRA:F85) Business Description

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Traded in Other Exchanges
Address
3700 Buffalo Speedway, Suite 925, Houston, TX, USA, 77098
Contango Ore Inc operates in the United States. The company is engaged in the exploration of gold, silver, and copper ores in the State of Alaska. The company's primary focus is the exploration of a mineral lease with the Native Village of Tetlin whose governmental entity is the Tetlin Tribal Council for the exploration of minerals near Tok, Alaska. It has formed a joint venture to advance exploration of the Tetlin Property, which is prospective for gold and associated minerals. The Tetlin Property is located in the Tetlin Hills and Mentasta Mountains of eastern interior Alaska.

Contango Ore (FRA:F85) Headlines

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