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CV Sciences (LTS:0HRT) E10 : $-0.15 (As of Dec. 2023)


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What is CV Sciences 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.

CV Sciences's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.010. 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 Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -2.20% 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 CV Sciences was -2.20% per year. The lowest was -2.20% per year. And the median was -2.20% per year.

As of today (2024-05-18), CV Sciences's current stock price is $0.05. CV Sciences's E10 for the quarter that ended in Dec. 2023 was $-0.15. CV Sciences's Shiller PE Ratio of today is .


CV Sciences E10 Historical Data

The historical data trend for CV Sciences'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.

CV Sciences E10 Chart

CV Sciences 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 -0.19 -0.15

CV Sciences 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 -0.19 -0.20 -0.21 -0.17 -0.15

Competitive Comparison of CV Sciences's E10

For the Drug Manufacturers - Specialty & Generic subindustry, CV Sciences'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.


CV Sciences's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CV Sciences's Shiller PE Ratio distribution charts can be found below:

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



CV Sciences 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, CV Sciences'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)
=-0.01/129.4194*129.4194
=-0.010

Current CPI (Dec. 2023) = 129.4194.

CV Sciences Quarterly Data

per share eps CPI Adj_EPS
201403 -0.004 99.695 -0.005
201406 0.240 100.560 0.309
201409 -0.010 100.428 -0.013
201412 -0.280 99.070 -0.366
201503 -0.080 99.621 -0.104
201506 -0.060 100.684 -0.077
201509 -0.030 100.392 -0.039
201512 -0.190 99.792 -0.246
201603 -0.030 100.470 -0.039
201606 -0.040 101.688 -0.051
201609 -0.040 101.861 -0.051
201612 -0.160 101.863 -0.203
201703 -0.060 102.862 -0.075
201706 -0.010 103.349 -0.013
201709 -0.010 104.136 -0.012
201712 0.010 104.011 0.012
201803 0.010 105.290 0.012
201806 0.030 106.317 0.037
201809 0.030 106.507 0.036
201812 0.030 105.998 0.037
201903 -0.100 107.251 -0.121
201906 0.010 108.070 0.012
201909 -0.020 108.329 -0.024
201912 -0.070 108.420 -0.084
202003 -0.050 108.902 -0.059
202006 -0.050 108.767 -0.059
202009 -0.030 109.815 -0.035
202012 -0.090 109.897 -0.106
202103 -0.030 111.754 -0.035
202106 -0.030 114.631 -0.034
202109 0.000 115.734 0.000
202112 -0.080 117.630 -0.088
202203 -0.020 121.301 -0.021
202206 -0.030 125.017 -0.031
202209 -0.010 125.227 -0.010
202212 -0.020 125.222 -0.021
202303 0.040 127.348 0.041
202306 -0.010 128.729 -0.010
202309 -0.003 129.860 -0.003
202312 -0.010 129.419 -0.010

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


CV Sciences  (LTS:0HRT) 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.


CV Sciences E10 Related Terms

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


CV Sciences (LTS:0HRT) Business Description

Traded in Other Exchanges
Address
9530 Padgett Street, Suite 107, San Diego, CA, USA, 92126
CV Sciences Inc is a consumer wellness company specializing in hemp extracts and other proven, science-backed, natural ingredients and products, which are sold through a range of sales channels from business-to-business (B2B) to business-to-consumer (B2C). The company also operates a drug development program focused on developing and commercializing cannabidiol (CBD)-based novel therapeutics.

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