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Eastern Platinum (JSE:EPS) E10 : R-3.67 (As of Sep. 2024)


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What is Eastern Platinum 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.

Eastern Platinum's adjusted earnings per share data for the three months ended in Sep. 2024 was R-0.352. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R-3.67 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 22.20% per year. During the past 5 years, the average E10 Growth Rate was 13.80% per year. During the past 10 years, the average E10 Growth Rate was 10.60% 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 Eastern Platinum was 22.20% per year. The lowest was -15.90% per year. And the median was 6.80% per year.

As of today (2024-12-14), Eastern Platinum's current stock price is R1.60. Eastern Platinum's E10 for the quarter that ended in Sep. 2024 was R-3.67. Eastern Platinum's Shiller PE Ratio of today is .


Eastern Platinum E10 Historical Data

The historical data trend for Eastern Platinum'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.

Eastern Platinum E10 Chart

Eastern Platinum 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 -6.62 -6.28 -6.88 -8.73 -1.04

Eastern Platinum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -4.84 -1.04 -3.52 -3.36 -3.67

Competitive Comparison of Eastern Platinum's E10

For the Other Precious Metals & Mining subindustry, Eastern Platinum'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.


Eastern Platinum's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eastern Platinum's Shiller PE Ratio distribution charts can be found below:

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



Eastern Platinum 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, Eastern Platinum's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.352/127.2847*127.2847
=-0.352

Current CPI (Sep. 2024) = 127.2847.

Eastern Platinum Quarterly Data

per share eps CPI Adj_EPS
201412 -12.068 98.367 -15.616
201503 -0.198 99.789 -0.253
201506 -0.302 100.500 -0.382
201509 -0.002 100.421 -0.003
201512 -1.968 99.947 -2.506
201603 -0.631 101.054 -0.795
201606 -2.962 102.002 -3.696
201609 -0.460 101.765 -0.575
201612 -2.496 101.449 -3.132
201703 -0.212 102.634 -0.263
201706 -0.211 103.029 -0.261
201709 -0.216 103.345 -0.266
201712 -0.215 103.345 -0.265
201803 -0.097 105.004 -0.118
201806 -0.437 105.557 -0.527
201809 -0.363 105.636 -0.437
201812 -1.987 105.399 -2.400
201903 -0.118 106.979 -0.140
201906 0.120 107.690 0.142
201909 -0.365 107.611 -0.432
201912 0.370 107.769 0.437
202003 -1.501 107.927 -1.770
202006 -0.514 108.401 -0.604
202009 0.028 108.164 0.033
202012 0.595 108.559 0.698
202103 -0.150 110.298 -0.173
202106 0.417 111.720 0.475
202109 -0.292 112.905 -0.329
202112 -0.318 113.774 -0.356
202203 0.299 117.646 0.323
202206 0.158 120.806 0.166
202209 -0.880 120.648 -0.928
202212 0.173 120.964 0.182
202303 -0.047 122.702 -0.049
202306 0.750 124.203 0.769
202309 0.379 125.230 0.385
202312 0.373 125.072 0.380
202403 -0.086 126.258 -0.087
202406 0.369 127.522 0.368
202409 -0.352 127.285 -0.352

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


Eastern Platinum  (JSE:EPS) 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.


Eastern Platinum E10 Related Terms

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


Eastern Platinum Business Description

Traded in Other Exchanges
Address
1188 West Georgia Street, Suite 1080, Vancouver, BC, CAN, V6E 4A2
Eastern Platinum Ltd owns, directly and indirectly, a number of PGM and chrome assets in the Republic of South Africa. All of the company's properties are situated on the western and eastern limbs of the Bushveld Complex, the geological environment that hosts approximately 80% of the world's PGM-bearing ore. It has three segments CRM, Eastern Limb and Corporate. Operations at the Crocodile River Mine include re-mining and processing its tailings resource, with an offtake of the chrome concentrate to Union Goal from the Zandfontein UG2 tailings facility and the processing and extraction of platinum group metals.

Eastern Platinum Headlines

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