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Invacare (Invacare) E10 : $0.00 (As of Mar. 2023)


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What is Invacare 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.

Invacare's adjusted earnings per share data for the three months ended in Mar. 2023 was $0.000. 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 Mar. 2023.

During the past 3 years, the average E10 Growth Rate was -24.90% per year. During the past 5 years, the average E10 Growth Rate was -46.40% 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 Invacare was 40.10% per year. The lowest was -133.60% per year. And the median was 12.85% per year.

As of today (2024-04-28), Invacare's current stock price is $0.0135. Invacare's E10 for the quarter that ended in Mar. 2023 was $0.00. Invacare's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Invacare was 261.00. The lowest was 173.33. And the median was 239.00.


Invacare E10 Historical Data

The historical data trend for Invacare'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.

Invacare E10 Chart

Invacare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.45 -0.77 -0.95 -1.14 -1.50

Invacare Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -1.28 -1.37 -1.47 -1.50 -

Competitive Comparison of Invacare's E10

For the Medical Instruments & Supplies subindustry, Invacare'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.


Invacare's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Invacare's Shiller PE Ratio distribution charts can be found below:

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



Invacare 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, Invacare's adjusted earnings per share data for the three months ended in Mar. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0/127.3478*127.3478
=0.000

Current CPI (Mar. 2023) = 127.3478.

Invacare Quarterly Data

per share eps CPI Adj_EPS
201306 -0.390 98.518 -0.504
201309 0.500 98.790 0.645
201312 -0.180 98.326 -0.233
201403 -0.560 99.695 -0.715
201406 -0.430 100.560 -0.545
201409 -0.470 100.428 -0.596
201412 -0.290 99.070 -0.373
201503 -0.230 99.621 -0.294
201506 -0.260 100.684 -0.329
201509 -0.240 100.392 -0.304
201512 -0.090 99.792 -0.115
201603 -0.270 100.470 -0.342
201606 -0.360 101.688 -0.451
201609 -0.150 101.861 -0.188
201612 -0.540 101.863 -0.675
201703 -0.520 102.862 -0.644
201706 -0.720 103.349 -0.887
201709 -0.570 104.136 -0.697
201712 -0.540 104.011 -0.661
201803 -0.430 105.290 -0.520
201806 -0.500 106.317 -0.599
201809 -0.360 106.507 -0.430
201812 -0.040 105.998 -0.048
201903 -0.420 107.251 -0.499
201906 -0.380 108.070 -0.448
201909 -0.240 108.329 -0.282
201912 -0.560 108.420 -0.658
202003 0.020 108.902 0.023
202006 -0.480 108.767 -0.562
202009 -0.210 109.815 -0.244
202012 -0.150 109.897 -0.174
202103 -0.410 111.754 -0.467
202106 -0.310 114.631 -0.344
202109 -0.650 115.734 -0.715
202112 0.050 117.630 0.054
202203 -0.690 121.301 -0.724
202206 -0.620 125.017 -0.632
202209 -0.920 125.227 -0.936
202212 -0.540 125.222 -0.549
202303 0.000 127.348 0.000

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


Invacare  (OTCPK:IVCRQ) 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 Invacare was 261.00. The lowest was 173.33. And the median was 239.00.


Be Aware

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


Invacare E10 Related Terms

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


Invacare (Invacare) Business Description

Traded in Other Exchanges
N/A
Address
One Invacare Way, Elyria, OH, USA, 44035-4190
Invacare Corp makes and distributes medical equipment used in non-acute care settings. Its products are primarily sold to home medical equipment providers, residential living operators, distributors, and government health services. The firm sells products in three categories: mobility and seating, lifestyle, and respiratory therapy. Its mobility and seating products include power wheelchairs, custom manual wheelchairs, and positioning cushions. Its lifestyle products include manual wheelchairs, crutches, walkers, and homecare beds. Its respiratory products include stationary and portable oxygen concentrators and non-delivery oxygen technology. Invacare receives the largest proportion of revenue from sales in Europe.
Executives
Tenor Opportunity Master Fund, Ltd. 10 percent owner 810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Randel G Owen director C/O EMERGENCY MEDICAL SERVICES CORP, 6200 SOUTH SYRACUSE WAY, GREENWOOD VILLAGE CO 80111
Kimberly Herman director 3 HUNTINGTON QUADRANGLE, STE 25, MELVILLE NY 11747
Marec Elden Edgar director 1420 KENSINGTON ROAD, SUITE 220, OAK BROOK IL 60523
Elliot Bossen 10 percent owner 3100 TOWER BLVD, UNIVERSITY TOWER STE 1104, DURHAM NC 27707
Silverback Asset Management Llc 10 percent owner 1414 RALEIGH ROAD, SUITE 250, CHAPEL HILL NC 27517
Peter J. Kuipers director 590 E. MIDDLEFEILD ROAD, MOUNTAIN VIEW CA 94043
Tenor Capital Management Co., L.p. 10 percent owner 810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Pm Manager Fund, Spc-segregated Portfolio 33 10 percent owner 190 ELGIN AVE, GEORGE TOWN, GRAND CAYMAN E9 KYI-9005
Dov Gertzulin 10 percent owner C/O DG CAPITAL MANAGEMENT, LLC, 460 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10022
Dg Capital Management, Llc 10 percent owner 460 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10022
Endurant Capital Management Lp 10 percent owner 66 BOVET ROAD, SUITE 353, SAN MATEO CA 94402
Abraham T Han director 51 MIDLAND AVENUE, WYCKOFF NJ 07481
Dg Value Partners Ii Master Fund, Lp 10 percent owner 460 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10022
Quang Minh Pham 10 percent owner 66 BOVET ROAD, SUITE 353, SAN MATEO CA 94402