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Concurrent Technologies (LSE:CNC) E10 : £0.34 (As of Jun. 2024)


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What is Concurrent Technologies 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.

Concurrent Technologies's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was £0.049. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.34 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 6.70% per year. During the past 5 years, the average E10 Growth Rate was 4.20% per year. During the past 10 years, the average E10 Growth Rate was 13.30% 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 Concurrent Technologies was 132.10% per year. The lowest was 1.20% per year. And the median was 14.50% per year.

As of today (2024-12-15), Concurrent Technologies's current stock price is £ 1.365. Concurrent Technologies's E10 for the fiscal year that ended in Dec. 2023 was £0.34. Concurrent Technologies's Shiller PE Ratio of today is 4.01.

During the past 13 years, the highest Shiller PE Ratio of Concurrent Technologies was 15.17. The lowest was 1.36. And the median was 2.71.


Concurrent Technologies E10 Historical Data

The historical data trend for Concurrent Technologies'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.

Concurrent Technologies E10 Chart

Concurrent Technologies 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 0.28 0.28 0.30 0.32 0.34

Concurrent Technologies 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 - 0.32 - 0.34 -

Competitive Comparison of Concurrent Technologies's E10

For the Computer Hardware subindustry, Concurrent Technologies'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.


Concurrent Technologies's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Concurrent Technologies 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, Concurrent Technologies'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)
=0.049/130.5000*130.5000
=0.049

Current CPI (Dec. 2023) = 130.5000.

Concurrent Technologies Annual Data

per_share_eps CPI Adj_EPS
201412 2.280 99.900 2.978
201512 0.038 100.400 0.049
201612 0.039 102.200 0.050
201712 0.038 105.000 0.047
201812 0.041 107.100 0.050
201912 0.055 108.500 0.066
202012 0.037 109.400 0.044
202112 0.038 114.700 0.043
202212 0.014 125.300 0.015
202312 0.049 130.500 0.049

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


Concurrent Technologies  (LSE:CNC) 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.

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

Shiller PE Ratio=Share Price/E10
=1.365/0.34
=4.01

* 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 Concurrent Technologies was 15.17. The lowest was 1.36. And the median was 2.71.


Be Aware

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


Concurrent Technologies E10 Related Terms

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


Concurrent Technologies Business Description

Traded in Other Exchanges
Address
4 Gilberd Court, Newcomen Way, Colchester, Essex, GBR, CO4 9WN
Concurrent Technologies PLC is engaged in designing, manufacturing, and supplying innovative high-end embedded computer products aimed at a wide base of customers within the defense, telecommunications, aerospace, transport, scientific, and industrial markets. Its core product range is central processing unit (CPU) boards, designed using Intel processors including the high-performance 11th-generation embedded Intel Core and Intel Xeon processors designed to be compliant with the CompactPCI, OpenVPX, VME, AMC, and XMC open architecture standards. The company's products also support many operating systems including Microsoft Windows, Linux, Solaris, QNX, and VxWorks all of which are commonly used as standards in embedded applications.