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ICLTF (GreenFirst Forest Products) E10 : $-0.06 (As of Jun. 2024)


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What is GreenFirst Forest Products 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.

GreenFirst Forest Products's adjusted earnings per share data for the three months ended in Jun. 2024 was $-0.058. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.06 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average E10 Growth Rate was -51.80% per year. During the past 5 years, the average E10 Growth Rate was -29.50% per year. During the past 10 years, the average E10 Growth Rate was 0.10% 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 GreenFirst Forest Products was 30.70% per year. The lowest was -51.80% per year. And the median was 11.80% per year.

As of today (2024-09-21), GreenFirst Forest Products's current stock price is $0.41. GreenFirst Forest Products's E10 for the quarter that ended in Jun. 2024 was $-0.06. GreenFirst Forest Products's Shiller PE Ratio of today is .


GreenFirst Forest Products E10 Historical Data

The historical data trend for GreenFirst Forest Products'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.

GreenFirst Forest Products E10 Chart

GreenFirst Forest Products 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 -0.02 -0.03 -0.03 -0.05

GreenFirst Forest Products Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.05 -0.04 -0.05 -0.06 -0.06

Competitive Comparison of GreenFirst Forest Products's E10

For the Lumber & Wood Production subindustry, GreenFirst Forest Products'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.


GreenFirst Forest Products's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, GreenFirst Forest Products's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where GreenFirst Forest Products's Shiller PE Ratio falls into.



GreenFirst Forest Products 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, GreenFirst Forest Products's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.058/127.5217*127.5217
=-0.058

Current CPI (Jun. 2024) = 127.5217.

GreenFirst Forest Products Quarterly Data

per share eps CPI Adj_EPS
201409 -0.001 99.394 -0.001
201412 -0.001 98.367 -0.001
201503 0.000 99.789 0.000
201506 -0.001 100.500 -0.001
201509 -0.003 100.421 -0.004
201512 -0.016 99.947 -0.020
201603 -0.003 101.054 -0.004
201606 -0.007 102.002 -0.009
201609 -0.001 101.765 -0.001
201612 0.106 101.449 0.133
201703 -0.010 102.634 -0.012
201706 -0.060 103.029 -0.074
201709 0.050 103.345 0.062
201712 0.003 103.345 0.004
201803 -0.024 105.004 -0.029
201806 -0.002 105.557 -0.002
201809 -0.017 105.636 -0.021
201812 -0.053 105.399 -0.064
201903 -0.003 106.979 -0.004
201906 0.017 107.690 0.020
201909 -0.010 107.611 -0.012
201912 -0.003 107.769 -0.004
202003 -0.003 107.927 -0.004
202006 -0.001 108.401 -0.001
202009 -0.007 108.164 -0.008
202012 -0.024 108.559 -0.028
202103 -0.025 110.298 -0.029
202106 -0.082 111.720 -0.094
202109 -0.126 112.905 -0.142
202112 0.040 113.774 0.045
202203 0.142 117.646 0.154
202206 0.125 120.806 0.132
202209 -0.097 120.648 -0.103
202212 -0.177 120.964 -0.187
202303 -0.073 122.702 -0.076
202306 -0.038 124.203 -0.039
202309 0.007 125.230 0.007
202312 -0.089 125.072 -0.091
202403 -0.059 126.258 -0.060
202406 -0.058 127.522 -0.058

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


GreenFirst Forest Products  (OTCPK:ICLTF) 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.


GreenFirst Forest Products E10 Related Terms

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


GreenFirst Forest Products Business Description

Traded in Other Exchanges
Address
401 The West Mall, Suite 1000, Vancouver, BC, CAN, M9C 5J5
GreenFirst Forest Products Inc is a forest-first business, focused on sustainable forest management and lumber production. The Company operates through two business segments: forest products and paper products. Through its forest products segment, the Company produces and markets a wide range of forest products for use in residential and commercial construction, including SPF lumber, wood chips, and by-products. The Paper Products segment manufactures and sells paper-grade products used in printing newspapers, promotional materials, food service bags, and other related paper products.

GreenFirst Forest Products Headlines