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International Minerals (FRA:MIW) E10 : €0.07 (As of Sep. 2013)


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What is International Minerals 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.

International Minerals's adjusted earnings per share data for the three months ended in Sep. 2013 was €0.007. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.07 for the trailing ten years ended in Sep. 2013.

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 (2024-06-04), International Minerals's current stock price is €1.90. International Minerals's E10 for the quarter that ended in Sep. 2013 was €0.07. International Minerals's Shiller PE Ratio of today is 27.14.


International Minerals E10 Historical Data

The historical data trend for International Minerals'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.

International Minerals E10 Chart

International Minerals Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.07 0.07 0.07

International Minerals Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.09 0.08 0.07 0.07 0.07

Competitive Comparison of International Minerals's E10

For the Gold subindustry, International Minerals'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.


International Minerals's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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



International Minerals 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, International Minerals's adjusted earnings per share data for the three months ended in Sep. 2013 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2013 (Change)*Current CPI (Sep. 2013)
=0.007/98.7900*98.7900
=0.007

Current CPI (Sep. 2013) = 98.7900.

International Minerals Quarterly Data

per share eps CPI Adj_EPS
200312 -0.002 77.758 -0.003
200403 -0.001 79.066 -0.001
200406 -0.010 80.037 -0.012
200409 -0.008 80.121 -0.010
200412 0.003 80.290 0.004
200503 -0.003 81.555 -0.004
200506 -0.013 82.062 -0.016
200509 -0.002 83.876 -0.002
200512 -0.001 83.032 -0.001
200603 -0.001 84.298 -0.001
200606 -0.002 85.606 -0.002
200609 -0.014 85.606 -0.016
200612 -0.020 85.142 -0.023
200703 0.023 86.640 0.026
200706 -0.015 87.906 -0.017
200709 -0.022 87.964 -0.025
200712 -0.014 88.616 -0.016
200803 0.026 90.090 0.029
200806 0.004 92.320 0.004
200809 0.028 92.307 0.030
200812 0.037 88.697 0.041
200903 0.015 89.744 0.017
200906 -0.014 91.003 -0.015
200909 0.007 91.120 0.008
200912 0.041 91.111 0.044
201003 0.022 91.821 0.024
201006 -0.005 91.962 -0.005
201009 0.028 92.162 0.030
201012 0.121 92.474 0.129
201103 0.050 94.283 0.052
201106 0.127 95.235 0.132
201109 0.087 95.727 0.090
201112 0.068 95.213 0.071
201203 0.038 96.783 0.039
201206 -0.186 96.819 -0.190
201209 0.062 97.633 0.063
201212 -0.069 96.871 -0.070
201303 -0.031 98.209 -0.031
201306 -0.038 98.518 -0.038
201309 0.007 98.790 0.007

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


International Minerals  (FRA:MIW) 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.

International Minerals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.90/0.07
=27.14

* 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.


Be Aware

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


International Minerals E10 Related Terms

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


International Minerals (FRA:MIW) Business Description

Traded in Other Exchanges
N/A
Address
International Minerals Corporation is a Canadian mineral resource company engaged, indirectly through its subsidiaries and investee companies, in the exploration, development and exploitation of gold and silver deposits in the northern Andes of South America (Peru and Ecuador) and in the state of Nevada, U.S.A. The Company has identified proven and probable reserves at its Pallancata, Inmaculada, Rio Blanco and Goldfield properties and is currently developing or may proceed to develop these reserves.

International Minerals (FRA:MIW) Headlines

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