GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kornit Digital Ltd (NAS:KRNT) » Definitions » E10

Kornit Digital (Kornit Digital) E10 : $-0.17 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Kornit Digital 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.

Kornit Digital's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.17 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-28), Kornit Digital's current stock price is $15.88. Kornit Digital's E10 for the quarter that ended in Dec. 2023 was $-0.17. Kornit Digital's Shiller PE Ratio of today is .

During the past 12 years, the highest Shiller PE Ratio of Kornit Digital was 1087.50. The lowest was 0.00. And the median was 661.29.


Kornit Digital E10 Historical Data

The historical data trend for Kornit Digital'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.

Kornit Digital E10 Chart

Kornit Digital 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 - - - - -0.17

Kornit Digital 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 - - -0.11 -0.13 -0.17

Competitive Comparison of Kornit Digital's E10

For the Specialty Industrial Machinery subindustry, Kornit Digital'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.


Kornit Digital's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kornit Digital's Shiller PE Ratio distribution charts can be found below:

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



Kornit Digital 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, Kornit Digital'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)
=-0.48/129.4194*129.4194
=-0.480

Current CPI (Dec. 2023) = 129.4194.

Kornit Digital Quarterly Data

per share eps CPI Adj_EPS
201403 -0.079 99.695 -0.103
201406 0.016 100.560 0.021
201409 0.137 100.428 0.177
201412 0.042 99.070 0.055
201503 -0.007 99.621 -0.009
201506 0.020 100.684 0.026
201509 0.070 100.392 0.090
201512 0.070 99.792 0.091
201603 -0.010 100.470 -0.013
201606 -0.004 101.688 -0.005
201609 0.010 101.861 0.013
201612 0.030 101.863 0.038
201703 -0.050 102.862 -0.063
201706 0.010 103.349 0.013
201709 -0.004 104.136 -0.005
201712 -0.010 104.011 -0.012
201803 0.020 105.290 0.025
201806 0.050 106.317 0.061
201809 0.090 106.507 0.109
201812 0.190 105.998 0.232
201903 -0.030 107.251 -0.036
201906 0.050 108.070 0.060
201909 0.110 108.329 0.131
201912 0.110 108.420 0.131
202003 -0.250 108.902 -0.297
202006 -0.110 108.767 -0.131
202009 0.090 109.815 0.106
202012 0.120 109.897 0.141
202103 0.110 111.754 0.127
202106 0.120 114.631 0.135
202109 0.080 115.734 0.089
202112 0.020 117.630 0.022
202203 -0.100 121.301 -0.107
202206 -0.390 125.017 -0.404
202209 -0.380 125.227 -0.393
202212 -0.710 125.222 -0.734
202303 -0.380 127.348 -0.386
202306 -0.290 128.729 -0.292
202309 -0.170 129.860 -0.169
202312 -0.480 129.419 -0.480

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


Kornit Digital  (NAS:KRNT) 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 12 years, the highest Shiller P/E Ratio of Kornit Digital was 1087.50. The lowest was 0.00. And the median was 661.29.


Be Aware

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


Kornit Digital E10 Related Terms

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


Kornit Digital (Kornit Digital) Business Description

Traded in Other Exchanges
Address
12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246
Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.

Kornit Digital (Kornit Digital) Headlines

From GuruFocus