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Koss (KOSS) E10 : $0.02 (As of Dec. 2023)


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What is Koss 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.

Koss's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Koss's average E10 Growth Rate was -66.70% 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 Koss was 146.60% per year. The lowest was -59.50% per year. And the median was 6.00% per year.

As of today (2024-04-28), Koss's current stock price is $2.40. Koss's E10 for the quarter that ended in Dec. 2023 was $0.02. Koss's Shiller PE Ratio of today is 120.00.

During the past 13 years, the highest Shiller PE Ratio of Koss was 1737.00. The lowest was 3.74. And the median was 15.27.


Koss E10 Historical Data

The historical data trend for Koss'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.

Koss E10 Chart

Koss 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 0.03 0.08 0.02 -0.02 -0.03

Koss Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.06 0.05 -0.03 -0.04 0.02

Competitive Comparison of Koss's E10

For the Consumer Electronics subindustry, Koss'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.


Koss's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Koss's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.03/129.4194*129.4194
=-0.030

Current CPI (Dec. 2023) = 129.4194.

Koss Quarterly Data

per share eps CPI Adj_EPS
201403 -0.003 99.695 -0.004
201406 -0.290 100.560 -0.373
201409 -0.010 100.428 -0.013
201412 0.020 99.070 0.026
201503 0.010 99.621 0.013
201506 0.050 100.684 0.064
201509 -0.010 100.392 -0.013
201512 0.050 99.792 0.065
201603 0.120 100.470 0.155
201606 0.030 101.688 0.038
201609 0.010 101.861 0.013
201612 0.020 101.863 0.025
201703 -0.150 102.862 -0.189
201706 -0.010 103.349 -0.013
201709 0.003 104.136 0.004
201712 -0.400 104.011 -0.498
201803 -0.100 105.290 -0.123
201806 0.050 106.317 0.061
201809 0.010 106.507 0.012
201812 0.010 105.998 0.012
201903 0.020 107.251 0.024
201906 0.010 108.070 0.012
201909 -0.040 108.329 -0.048
201912 -0.030 108.420 -0.036
202003 -0.010 108.902 -0.012
202006 0.020 108.767 0.024
202009 0.020 109.815 0.024
202012 0.070 109.897 0.082
202103 -0.060 111.754 -0.069
202106 0.030 114.631 0.034
202109 -0.010 115.734 -0.011
202112 0.060 117.630 0.066
202203 0.040 121.301 0.043
202206 0.040 125.017 0.041
202209 1.010 125.227 1.044
202212 -0.120 125.222 -0.124
202303 -0.030 127.348 -0.030
202306 -0.030 128.729 -0.030
202309 -0.030 129.860 -0.030
202312 -0.030 129.419 -0.030

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


Koss  (NAS:KOSS) 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.

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

Shiller PE Ratio=Share Price/E10
=2.40/0.02
=120.00

* 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 Koss was 1737.00. The lowest was 3.74. And the median was 15.27.


Be Aware

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


Koss E10 Related Terms

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


Koss (KOSS) Business Description

Traded in Other Exchanges
N/A
Address
4129 North Port Washington Avenue, Milwaukee, WI, USA, 53212
Koss Corp is engaged in the design, manufacture, and sale of stereo headphones and related accessory products. It operates in the audio/video industry segment of the home entertainment industry. The company markets a line of headphones, wireless Bluetooth headphones, wireless Bluetooth speakers, computer headsets, telecommunications headsets, and active noise-cancelling headphones. The majority of the firm's revenue is derived from sales of stereo headphones.
Executives
William Jesse Sweasy director 401 LEVEE STREET, RED WING MN 55066
Kim M. Schulte officer: Chief Financial Officer 4129 NORTH PORT WASHINGTON AVENUE, MILWAUKEE WI 53212
David Donnan Smith officer: EVP and CFO 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Koss Michael J Jr officer: VP Marketing & Product 4129 N PORT WASHINGTON AVENUE, MILWAUKEE WI 53212
Michael J Koss officer: President and CEO C/O GENIUS PRODUCTS, INC., 740 LOMAS SANTA FE, SUITE 210, SOLANA BEACH CA 92075
Koss John C Jr officer: Vice President - Sales C/O KOSS CORPORATION, 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Thomas L. Doerr director 4129 N. PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Lenore Lillie officer: VP - Operations 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Nancy Koss 2012 Trust, Dated 12/20/12 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217
Steven A Leveen director 1030 SEA SPRAY AVENUE, DELRAY BEACH FL 33483
Theodore Nixon director 100 SOUTH SPRING STREET, LOUISVILLE KY 40206
Elizabeth A Uecker officer: Secretary 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
John C Koss director 4129 NORTH PORT WASHINGTON AVE, MILWAUKEE WI 53212
Nancy L Koss 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217
Koss Family Trust, Dated 9/11/12 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217

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