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VirnetX Holding (FRA:VN20) E10 : €0.00 (As of Dec. 2023)


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What is VirnetX Holding E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

VirnetX Holding's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Dec. 2023.

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 VirnetX Holding was 72.20% per year. The lowest was -19.90% per year. And the median was -0.50% per year.

As of today (2024-05-17), VirnetX Holding's current stock price is €452.80. VirnetX Holding's E10 for the quarter that ended in Dec. 2023 was €0.00. VirnetX Holding's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of VirnetX Holding was 780.00. The lowest was 11.24. And the median was 46.02.


VirnetX Holding E10 Historical Data

The historical data trend for VirnetX Holding'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.

VirnetX Holding E10 Chart

VirnetX Holding 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 -35.93 -0.58 -4.44 -4.01 -

VirnetX Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -4.01 0.69 3.90 18.71 -

Competitive Comparison of VirnetX Holding's E10

For the Software - Infrastructure subindustry, VirnetX Holding'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.


VirnetX Holding's Shiller PE Ratio Distribution in the Software Industry

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

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



VirnetX Holding 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, VirnetX Holding's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/129.4194*129.4194
=0.000

Current CPI (Dec. 2023) = 129.4194.

VirnetX Holding Quarterly Data

per share eps CPI Adj_EPS
201403 -1.735 99.695 -2.252
201406 -1.914 100.560 -2.463
201409 -1.397 100.428 -1.800
201412 2.271 99.070 2.967
201503 -2.033 99.621 -2.641
201506 -3.208 100.684 -4.124
201509 -2.138 100.392 -2.756
201512 -2.754 99.792 -3.572
201603 -2.874 100.470 -3.702
201606 -1.780 101.688 -2.265
201609 -2.317 101.861 -2.944
201612 -2.465 101.863 -3.132
201703 -1.309 102.862 -1.647
201706 -1.246 103.349 -1.560
201709 -1.007 104.136 -1.251
201712 -1.859 104.011 -2.313
201803 -2.109 105.290 -2.592
201806 -1.712 106.317 -2.084
201809 -1.371 106.507 -1.666
201812 -1.582 105.998 -1.932
201903 -1.416 107.251 -1.709
201906 -1.062 108.070 -1.272
201909 -1.271 108.329 -1.518
201912 -1.080 108.420 -1.289
202003 76.020 108.902 90.343
202006 -1.954 108.767 -2.325
202009 -1.019 109.815 -1.201
202012 -1.808 109.897 -2.129
202103 -6.216 111.754 -7.199
202106 -1.660 114.631 -1.874
202109 -0.850 115.734 -0.951
202112 -1.593 117.630 -1.753
202203 -0.908 121.301 -0.969
202206 -1.135 125.017 -1.175
202209 -1.212 125.227 -1.253
202212 -6.438 125.222 -6.654
202303 -1.121 127.348 -1.139
202306 -2.954 128.729 -2.970
202309 -1.274 129.860 -1.270
202312 0.000 129.419 0.000

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


VirnetX Holding  (FRA:VN20) 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.

During the past 13 years, the highest Shiller P/E Ratio of VirnetX Holding was 780.00. The lowest was 11.24. And the median was 46.02.


Be Aware

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


VirnetX Holding E10 Related Terms

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


VirnetX Holding (FRA:VN20) Business Description

Traded in Other Exchanges
Address
308 Dorla Court, Suite 206, Zephyr Cove, NV, USA, 89448
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications including 4G LTE security. The company GABRIEL connection technology, are designed to facilitate secure communications and provide the security platform required by next-generation Internet-based applications such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, remote desktop, and Machine-to-Machine communications. The firm sells its products in various market segments, including, healthcare, finance, and government.

VirnetX Holding (FRA:VN20) Headlines

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