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River UK Micro Cap (LSE:RMMC) E10 : £0.15 (As of Sep. 2024)


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What is River UK Micro Cap 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.

River UK Micro Cap's adjusted earnings per share data for the fiscal year that ended in Sep. 2024 was £0.263. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is £0.15 for the trailing ten years ended in Sep. 2024.

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 (2025-03-23), River UK Micro Cap's current stock price is £ 1.68. River UK Micro Cap's E10 for the fiscal year that ended in Sep. 2024 was £0.15. River UK Micro Cap's Shiller PE Ratio of today is 11.20.

During the past 10 years, the highest Shiller PE Ratio of River UK Micro Cap was 11.97. The lowest was 11.03. And the median was 11.77.


River UK Micro Cap E10 Historical Data

The historical data trend for River UK Micro Cap'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.

River UK Micro Cap E10 Chart

River UK Micro Cap Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.15

River UK Micro Cap Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 - - - - 0.15

Competitive Comparison of River UK Micro Cap's E10

For the Asset Management subindustry, River UK Micro Cap'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.


River UK Micro Cap's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, River UK Micro Cap's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where River UK Micro Cap's Shiller PE Ratio falls into.



River UK Micro Cap 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, River UK Micro Cap's adjusted earnings per share data for the fiscal year that ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.263/133.0289*133.0289
=0.263

Current CPI (Sep. 2024) = 133.0289.

River UK Micro Cap Annual Data

per_share_eps CPI Adj_EPS
201509 0.146 100.392 0.193
201609 0.147 101.861 0.192
201709 0.581 104.136 0.742
201809 0.453 106.507 0.566
201909 -0.401 108.329 -0.492
202009 0.168 109.815 0.204
202109 1.270 115.734 1.460
202209 -1.577 125.227 -1.675
202309 0.065 129.860 0.067
202409 0.263 133.029 0.263

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


River UK Micro Cap  (LSE:RMMC) 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.

River UK Micro Cap's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.68/0.15
=11.20

* 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 10 years, the highest Shiller P/E Ratio of River UK Micro Cap was 11.97. The lowest was 11.03. And the median was 11.77.


Be Aware

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


River UK Micro Cap E10 Related Terms

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


River UK Micro Cap Business Description

Traded in Other Exchanges
N/A
Address
St Julian’s Avenue, BNP Paribas House, St Peter Port, GGY, GY1 1WA
River UK Micro Cap Ltd Formerly River and Mercantile UK Micro Cap Investment Co Ltd is a United Kingdom-based closed-ended investment company. Its investment activities are intended to secure long-term capital growth by utilizing a diversified portfolio of UK Micro-Cap companies. The company's involves investing predominantly in normal market conditions, while occasionally using the avenue of debt securities and cash equivalent instruments. Its portfolio sectors include technology, financial, industrials, healthcare, Consumer Discretionary, and others.

River UK Micro Cap Headlines

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