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180 Degree Capital (FRA:HH20) E10 : €-0.66 (As of Dec. 2023)


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What is 180 Degree Capital 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.

180 Degree Capital's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was €-1.247. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.66 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -6.90% per year. During the past 5 years, the average E10 Growth Rate was -5.10% per year. During the past 10 years, the average E10 Growth Rate was 8.50% 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 180 Degree Capital was 116.60% per year. The lowest was -57.50% per year. And the median was -4.55% per year.

As of today (2024-05-21), 180 Degree Capital's current stock price is € 3.485. 180 Degree Capital's E10 for the fiscal year that ended in Dec. 2023 was €-0.66. 180 Degree Capital's Shiller PE Ratio of today is .


180 Degree Capital E10 Historical Data

The historical data trend for 180 Degree Capital'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.

180 Degree Capital E10 Chart

180 Degree Capital 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 -0.44 -0.47 -0.42 -0.65 -0.66

180 Degree Capital Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.42 - -0.65 - -0.66

Competitive Comparison of 180 Degree Capital's E10

For the Asset Management subindustry, 180 Degree Capital'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.


180 Degree Capital's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 180 Degree Capital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where 180 Degree Capital's Shiller PE Ratio falls into.



180 Degree Capital 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, 180 Degree Capital's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1.247/129.4194*129.4194
=-1.247

Current CPI (Dec. 2023) = 129.4194.

180 Degree Capital Annual Data

per_share_eps CPI Adj_EPS
201412 -1.046 99.070 -1.366
201512 -1.790 99.792 -2.321
201612 -1.507 101.863 -1.915
201712 0.761 104.011 0.947
201812 0.105 105.998 0.128
201912 1.134 108.420 1.354
202012 0.087 109.897 0.102
202112 1.221 117.630 1.343
202212 -4.097 125.222 -4.234
202312 -1.247 129.419 -1.247

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


180 Degree Capital  (FRA:HH20) 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.


180 Degree Capital E10 Related Terms

Thank you for viewing the detailed overview of 180 Degree Capital's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


180 Degree Capital (FRA:HH20) Business Description

Traded in Other Exchanges
Address
7 N. Willow Street, Suite 4B, Montclair, NJ, USA, 07042
180 Degree Capital Corp is active in the financial services domain. It is a non-diversified closed-end management investment company whose objective is to achieve long-term capital appreciation by making venture capital investments. It focuses its investments on companies commercializing and integrating products enabled by disruptive technologies mainly in the life sciences, precision medicine, and health industries.

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