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InterAmerican Gaming (InterAmerican Gaming) E10 : $0.00 (As of Sep. 2012)


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What is InterAmerican Gaming 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.

InterAmerican Gaming's adjusted earnings per share data for the fiscal year that ended in Sep. 2012 was $-0.012. 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 Sep. 2012.

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 (2024-05-27), InterAmerican Gaming's current stock price is $ 0.0005. InterAmerican Gaming's E10 for the fiscal year that ended in Sep. 2012 was $0.00. InterAmerican Gaming's Shiller PE Ratio of today is .


InterAmerican Gaming E10 Historical Data

The historical data trend for InterAmerican Gaming'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.

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InterAmerican Gaming E10 Chart

InterAmerican Gaming Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12
E10
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InterAmerican Gaming Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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Competitive Comparison of InterAmerican Gaming's E10

For the Gambling subindustry, InterAmerican Gaming'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.


InterAmerican Gaming's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, InterAmerican Gaming's Shiller PE Ratio distribution charts can be found below:

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



InterAmerican Gaming 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, InterAmerican Gaming's adjusted earnings per share data for the fiscal year that ended in Sep. 2012 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Sep. 2012 (Change)*Current CPI (Sep. 2012)
=-0.012/96.3919*96.3919
=-0.012

Current CPI (Sep. 2012) = 96.3919.

InterAmerican Gaming Annual Data

per_share_eps CPI Adj_EPS
200309 -0.040 81.459 -0.047
200409 -0.060 82.960 -0.070
200509 0.040 85.647 0.045
200609 -0.003 86.279 -0.003
200709 -0.050 88.412 -0.055
200809 -0.024 91.414 -0.025
200909 -0.030 90.624 -0.032
201009 -0.008 92.362 -0.008
201109 -0.025 95.286 -0.025
201209 -0.012 96.392 -0.012

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


InterAmerican Gaming  (OTCPK:IAGM) 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.


InterAmerican Gaming E10 Related Terms

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


InterAmerican Gaming (InterAmerican Gaming) Business Description

Traded in Other Exchanges
N/A
Address
InterAmerican Gaming, Inc., was incorporated on 2 September 1999 in the State of Nevada. The Company develops international gaming operations. The Company leased video lottery terminal slot machines from a related party and began deploying the assets in non-owned gaming locations. In 2009, the Company installed slot machines at Fantasy Club Del Peru SA locations, operating under various brands throughout the country Slot City in Chiclayo, Colibri Dorado in Chincha and Monos Dorados in Huacho and Huaral.

InterAmerican Gaming (InterAmerican Gaming) Headlines

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