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Integrated Research (Integrated Research) E10 : $0.04 (As of Dec. 2023)


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What is Integrated Research 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.

Integrated Research's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was $-0.113. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.04 for the trailing ten years ended in Jun. 2023.

During the past 3 years, the average E10 Growth Rate was -8.00% per year. During the past 5 years, the average E10 Growth Rate was 1.00% per year. During the past 10 years, the average E10 Growth Rate was 7.60% 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 Integrated Research was 14.50% per year. The lowest was -8.00% per year. And the median was 9.40% per year.

As of today (2024-06-19), Integrated Research's current stock price is $ 0.3683. Integrated Research's E10 for the fiscal year that ended in Jun. 2023 was $0.04. Integrated Research's Shiller PE Ratio of today is 9.21.

During the past 13 years, the highest Shiller PE Ratio of Integrated Research was 66.50. The lowest was 3.67. And the median was 33.57.


Integrated Research E10 Historical Data

The historical data trend for Integrated Research'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.

Integrated Research E10 Chart

Integrated Research Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.09 0.11 0.04

Integrated Research Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 0.11 - 0.04 -

Competitive Comparison of Integrated Research's E10

For the Software - Application subindustry, Integrated Research'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.


Integrated Research's Shiller PE Ratio Distribution in the Software Industry

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

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



Integrated Research 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, Integrated Research's adjusted earnings per share data for the fiscal year that ended in Jun. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.113/124.1700*124.1700
=-0.113

Current CPI (Jun. 2023) = 124.1700.

Integrated Research Annual Data

per_share_eps CPI Adj_EPS
201406 0.047 98.352 0.059
201506 0.064 99.838 0.080
201606 0.069 100.859 0.085
201706 0.082 102.809 0.099
201806 0.084 104.945 0.099
201906 0.088 106.617 0.102
202006 0.096 106.246 0.112
202106 0.035 110.332 0.039
202206 0.006 117.112 0.006
202306 -0.113 124.170 -0.113

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


Integrated Research  (OTCPK:IREHF) 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.

Integrated Research's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.3683/0.04
=9.21

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Integrated Research was 66.50. The lowest was 3.67. And the median was 33.57.


Be Aware

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


Integrated Research E10 Related Terms

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


Integrated Research (Integrated Research) Business Description

Traded in Other Exchanges
Address
100 Pacific Highway, Level 9, North Sydney, Sydney, NSW, AUS, 2060
Integrated Research Ltd is one of the providers of proactive experience management solutions for critical IT infrastructure, payments, and communications ecosystems. Many banks, airlines, and telecommunications companies rely on IR Prognosis to provide business-critical insights and ensure continuity-critical systems deliver high availability and performance for millions of their customers across the globe. The business is spread across the Americas, Europe, and the Asia Pacific. The company generates maximum revenue from the Americas.