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Bezant Resources (LSE:BZT) E10 : £-0.01 (As of Jun. 2024)


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What is Bezant Resources 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.

Bezant Resources's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was £-0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £-0.01 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 20.60% 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 Bezant Resources was 61.70% per year. The lowest was -7.70% per year. And the median was 23.60% per year.

As of today (2024-12-12), Bezant Resources's current stock price is £ 0.00025. Bezant Resources's E10 for the fiscal year that ended in Dec. 2023 was £-0.01. Bezant Resources's Shiller PE Ratio of today is .


Bezant Resources E10 Historical Data

The historical data trend for Bezant Resources'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.

Bezant Resources E10 Chart

Bezant Resources Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.02 - - -0.01

Bezant Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - -0.01 -

Competitive Comparison of Bezant Resources's E10

For the Other Industrial Metals & Mining subindustry, Bezant Resources'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.


Bezant Resources's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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



Bezant Resources 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, Bezant Resources's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.001/130.5000*130.5000
=-0.001

Current CPI (Dec. 2023) = 130.5000.

Bezant Resources Annual Data

per_share_eps CPI Adj_EPS
201406 0.045 99.800 0.059
201506 -0.008 100.100 -0.010
201606 -0.084 101.000 -0.109
201712 -0.013 105.000 -0.016
201812 -0.002 107.100 -0.002
201912 -0.001 108.500 -0.001
202012 -0.001 109.400 -0.001
202112 0.000 114.700 0.000
202212 0.000 125.300 0.000
202312 -0.001 130.500 -0.001

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


Bezant Resources  (LSE:BZT) 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.


Bezant Resources E10 Related Terms

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


Bezant Resources Business Description

Traded in Other Exchanges
Address
4 Thomas More Square, Floor 6, Quadrant House, London, GBR, E1W 1YW
Bezant Resources PLC is a United Kingdom-based exploration company that is engaged in the exploration, evaluation, beneficiation and development of mineral resources. The company's exploration projects include the Kalengwa copper-silver project in Zambia; Hope Copper-Gold Project; Kanye Manganese Project in Botswana; Mankayan Project in the Philippines and the Eureka Project in northern Argentina. The operations of the Group are focused in geographical segments, namely the UK, Argentina, Namibia, and Botswana, and comprise one class of business: the exploration, evaluation and development of mineral resources. The UK is used for the administration of the Group and includes equity investments in non-group companies .

Bezant Resources Headlines

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