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GLBS (Globus Maritime) E10 : $-1,994.37 (As of Mar. 2025)


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What is Globus Maritime 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.

Globus Maritime's adjusted earnings per share data for the three months ended in Mar. 2025 was $-0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1,994.37 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average E10 Growth Rate was 23.80% per year. During the past 5 years, the average E10 Growth Rate was 17.20% 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 Globus Maritime was 25.70% per year. The lowest was 23.10% per year. And the median was 23.80% per year.

As of today (2025-07-16), Globus Maritime's current stock price is $1.15. Globus Maritime's E10 for the quarter that ended in Mar. 2025 was $-1,994.37. Globus Maritime's Shiller PE Ratio of today is .


Globus Maritime E10 Historical Data

The historical data trend for Globus Maritime'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.

Globus Maritime E10 Chart

Globus Maritime Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,292.80 -4,845.27 -1,661.23 -1,954.24 -2,142.98

Globus Maritime Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2,019.93 -1,970.25 -2,004.96 -2,142.98 -1,994.37

Competitive Comparison of Globus Maritime's E10

For the Marine Shipping subindustry, Globus Maritime'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.


Globus Maritime's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Globus Maritime's Shiller PE Ratio distribution charts can be found below:

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


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Globus Maritime 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, Globus Maritime's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.07/120.1327*120.1327
=-0.070

Current CPI (Mar. 2025) = 120.1327.

Globus Maritime Quarterly Data

per share eps CPI Adj_EPS
201506 -4,040.000 100.838 -4,813.047
201509 -960.000 100.856 -1,143.482
201512 -6,440.000 100.087 -7,729.860
201603 -650.000 99.041 -788.426
201606 -1,120.000 100.121 -1,343.864
201609 -1,070.000 99.878 -1,286.987
201612 -933.000 100.110 -1,119.612
201703 -140.000 100.770 -166.901
201706 -50.000 101.138 -59.390
201709 -53.000 100.882 -63.114
201712 -40.000 100.762 -47.689
201803 -48.000 100.534 -57.357
201806 -29.000 102.121 -34.115
201809 8.000 101.982 9.424
201812 -42.000 101.330 -49.794
201903 -8.000 101.482 -9.470
201906 -74.000 101.837 -87.295
201909 4.470 101.906 5.270
201912 -789.410 102.120 -928.649
202003 -154.850 101.479 -183.315
202006 -38.660 100.239 -46.333
202009 -0.800 99.886 -0.962
202012 -0.956 99.751 -1.151
202103 -0.110 99.817 -0.132
202106 -0.001 101.270 -0.001
202109 0.270 102.095 0.318
202112 0.640 104.853 0.733
202203 0.590 108.651 0.652
202206 0.530 113.517 0.561
202209 0.210 114.371 0.221
202212 -0.150 112.428 -0.160
202303 0.130 113.620 0.137
202306 -0.060 115.515 -0.062
202309 0.170 116.234 0.176
202312 0.020 116.364 0.021
202403 -0.010 117.285 -0.010
202406 0.160 118.129 0.163
202409 -0.030 119.650 -0.030
202412 -0.100 119.360 -0.101
202503 -0.070 120.133 -0.070

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


Globus Maritime  (NAS:GLBS) 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.


Globus Maritime E10 Related Terms

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


Globus Maritime Business Description

Traded in Other Exchanges
Address
128 Vouliagmenis Avenue, 3rd Floor, Glyfada, Athens, GRC, 16674
Globus Maritime Ltd is a dry bulk shipping company that provides marine transportation services internationally. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargo. Its operations are managed by its subsidiary which also provides in-house commercial and technical management for its vessels and also offers consulting services for an affiliated ship management company. It generates maximum revenues by charging customers for the use of vessels to transport dry bulk commodities.