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V-cube (FRA:VCU) E10 : €-0.16 (As of Mar. 2024)


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What is V-cube 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.

V-cube's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.017. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.16 for the trailing ten years ended in Mar. 2024.

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 (2024-05-22), V-cube's current stock price is €1.47. V-cube's E10 for the quarter that ended in Mar. 2024 was €-0.16. V-cube's Shiller PE Ratio of today is .


V-cube E10 Historical Data

The historical data trend for V-cube'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.

V-cube E10 Chart

V-cube 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 - - - - -0.17

V-cube 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 -0.01 -0.02 -0.03 -0.17 -0.16

Competitive Comparison of V-cube's E10

For the Software - Application subindustry, V-cube'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.


V-cube's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, V-cube's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where V-cube's Shiller PE Ratio falls into.



V-cube 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, V-cube'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)
=0.017/107.2000*107.2000
=0.017

Current CPI (Mar. 2024) = 107.2000.

V-cube Quarterly Data

per share eps CPI Adj_EPS
201406 0.007 98.000 0.008
201409 0.024 98.500 0.026
201412 0.060 97.900 0.066
201503 -0.020 97.900 -0.022
201506 0.044 98.400 0.048
201509 -0.065 98.500 -0.071
201512 0.076 98.100 0.083
201603 -0.057 97.900 -0.062
201606 -0.127 98.100 -0.139
201609 -0.042 98.000 -0.046
201612 -0.006 98.400 -0.007
201703 -0.115 98.100 -0.126
201706 -0.236 98.500 -0.257
201709 -0.245 98.800 -0.266
201712 -0.579 99.400 -0.624
201803 -0.033 99.200 -0.036
201806 0.016 99.200 0.017
201809 0.021 99.900 0.023
201812 0.142 99.700 0.153
201903 -0.002 99.700 -0.002
201906 0.065 99.800 0.070
201909 0.102 100.100 0.109
201912 -0.153 100.500 -0.163
202003 0.025 100.300 0.027
202006 0.115 99.900 0.123
202009 0.068 99.900 0.073
202012 0.159 99.300 0.172
202103 0.243 99.900 0.261
202106 0.038 99.500 0.041
202109 0.021 100.100 0.022
202112 0.109 100.100 0.117
202203 0.094 101.100 0.100
202206 0.063 101.800 0.066
202209 -0.039 103.100 -0.041
202212 -0.086 104.100 -0.089
202303 0.009 104.400 0.009
202306 -0.007 105.200 -0.007
202309 -0.125 106.200 -0.126
202312 -1.351 106.800 -1.356
202403 0.017 107.200 0.017

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


V-cube  (FRA:VCU) 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.


V-cube E10 Related Terms

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


V-cube (FRA:VCU) Business Description

Traded in Other Exchanges
Address
Nakameguro GT Tower 20F, Kamimeguro 2-1-1, Tokyo, JPN, 153-0051
V-cube Inc operates in three segments, namely Event DX, Third Place DX, and Enterprise DX. Event DX Business includes remoting events in various fields; and Product provision, operational design, direction operation, log analysis, and other operational support. Third Place DX Business includes providing Telecube to companies and the public sector; and Higher value-added Telecube and development and deployment of third-place management and operation system. Enterprise DX business includes remote communication products for internal and external companies; and development, provision, and operational support of industry/application-specific remote communication products using SDK and hardware.

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