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Quarterhill (FRA:WJL) E10 : €-0.05 (As of Mar. 2024)


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What is Quarterhill 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.

Quarterhill's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.037. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.05 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Quarterhill was 61.10% per year. The lowest was -26.00% per year. And the median was 12.60% per year.

As of today (2024-05-21), Quarterhill's current stock price is €1.11. Quarterhill's E10 for the quarter that ended in Mar. 2024 was €-0.05. Quarterhill's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Quarterhill was 296.00. The lowest was 17.88. And the median was 101.25.


Quarterhill E10 Historical Data

The historical data trend for Quarterhill'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.

Quarterhill E10 Chart

Quarterhill 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 -0.02 0.01 -0.03 -0.01 -0.05

Quarterhill 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 -0.02 -0.03 -0.04 -0.05 -0.05

Competitive Comparison of Quarterhill's E10

For the Communication Equipment subindustry, Quarterhill'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.


Quarterhill's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Quarterhill's Shiller PE Ratio distribution charts can be found below:

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



Quarterhill 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, Quarterhill'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)
=-0.037/126.2576*126.2576
=-0.037

Current CPI (Mar. 2024) = 126.2576.

Quarterhill Quarterly Data

per share eps CPI Adj_EPS
201406 0.037 99.473 0.047
201409 -0.002 99.394 -0.003
201412 0.003 98.367 0.004
201503 -0.037 99.789 -0.047
201506 0.080 100.500 0.101
201509 0.009 100.421 0.011
201512 0.018 99.947 0.023
201603 0.036 101.054 0.045
201606 -0.027 102.002 -0.033
201609 0.009 101.765 0.011
201612 0.066 101.449 0.082
201703 -0.056 102.634 -0.069
201706 0.027 103.029 0.033
201709 0.185 103.345 0.226
201712 -0.084 103.345 -0.103
201803 -0.081 105.004 -0.097
201806 -0.060 105.557 -0.072
201809 -0.069 105.636 -0.082
201812 -0.149 105.399 -0.178
201903 0.000 106.979 0.000
201906 -0.034 107.690 -0.040
201909 0.069 107.611 0.081
201912 0.035 107.769 0.041
202003 -0.026 107.927 -0.030
202006 0.052 108.401 0.061
202009 0.133 108.164 0.155
202012 -0.050 108.559 -0.058
202103 -0.027 110.298 -0.031
202106 -0.040 111.720 -0.045
202109 -0.013 112.905 -0.015
202112 -0.056 113.774 -0.062
202203 0.320 117.646 0.343
202206 -0.154 120.806 -0.161
202209 -0.059 120.648 -0.062
202212 -0.124 120.964 -0.129
202303 -0.093 122.702 -0.096
202306 -0.195 124.203 -0.198
202309 -0.014 125.230 -0.014
202312 -0.097 125.072 -0.098
202403 -0.037 126.258 -0.037

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


Quarterhill  (FRA:WJL) 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 Quarterhill was 296.00. The lowest was 17.88. And the median was 101.25.


Be Aware

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


Quarterhill E10 Related Terms

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


Quarterhill (FRA:WJL) Business Description

Traded in Other Exchanges
Address
25 King Street West, Suite 1101, Toronto, ON, CAN, M5L 2A1
Quarterhill Inc is focused on the acquisition, management, and growth of companies in the intelligent transportation systems (ITS) and innovation and licensing industries. It operates in two segments Licensing, which includes companies that count licensing as their principal business activity, and Intelligent Transportation Systems, which include companies that provide integrated systems and solutions to the ITS industry and its adjacent markets. Its geographical segments are the United States, Canada, Chile, China, Korea, Singapore, Taiwan, Thailand, Ukraine, and the Rest of the world. The majority of the revenue comes from the United States.

Quarterhill (FRA:WJL) Headlines

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