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Corcept Therapeutics (LTS:0I3Q) E10 : $0.71 (As of Mar. 2024)


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What is Corcept Therapeutics 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.

Corcept Therapeutics's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Corcept Therapeutics's average E10 Growth Rate was 36.50% per year. During the past 3 years, the average E10 Growth Rate was 60.40% 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 Corcept Therapeutics was 188.40% per year. The lowest was 13.70% per year. And the median was 34.10% per year.

As of today (2024-05-24), Corcept Therapeutics's current stock price is $27.916. Corcept Therapeutics's E10 for the quarter that ended in Mar. 2024 was $0.71. Corcept Therapeutics's Shiller PE Ratio of today is 39.32.

During the past 13 years, the highest Shiller PE Ratio of Corcept Therapeutics was 679.50. The lowest was 32.11. And the median was 67.45.


Corcept Therapeutics E10 Historical Data

The historical data trend for Corcept Therapeutics'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.

Corcept Therapeutics E10 Chart

Corcept Therapeutics 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 0.02 0.16 0.32 0.48 0.67

Corcept Therapeutics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.52 0.57 0.62 0.67 0.71

Competitive Comparison of Corcept Therapeutics's E10

For the Biotechnology subindustry, Corcept Therapeutics'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.


Corcept Therapeutics's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Corcept Therapeutics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Corcept Therapeutics's Shiller PE Ratio falls into.



Corcept Therapeutics 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, Corcept Therapeutics's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.25/131.7762*131.7762
=0.250

Current CPI (Mar. 2024) = 131.7762.

Corcept Therapeutics Quarterly Data

per share eps CPI Adj_EPS
201406 -0.070 100.560 -0.092
201409 -0.060 100.428 -0.079
201412 -0.040 99.070 -0.053
201503 -0.050 99.621 -0.066
201506 -0.020 100.684 -0.026
201509 -0.010 100.392 -0.013
201512 0.010 99.792 0.013
201603 0.000 100.470 0.000
201606 0.010 101.688 0.013
201609 0.020 101.861 0.026
201612 0.040 101.863 0.052
201703 0.040 102.862 0.051
201706 0.100 103.349 0.128
201709 0.110 104.136 0.139
201712 0.770 104.011 0.976
201803 0.140 105.290 0.175
201806 0.140 106.317 0.174
201809 0.140 106.507 0.173
201812 0.180 105.998 0.224
201903 0.150 107.251 0.184
201906 0.170 108.070 0.207
201909 0.220 108.329 0.268
201912 0.240 108.420 0.292
202003 0.250 108.902 0.303
202006 0.230 108.767 0.279
202009 0.170 109.815 0.204
202012 0.200 109.897 0.240
202103 0.180 111.754 0.212
202106 0.210 114.631 0.241
202109 0.240 115.734 0.273
202112 0.260 117.630 0.291
202203 0.200 121.301 0.217
202206 0.240 125.017 0.253
202209 0.300 125.227 0.316
202212 0.140 125.222 0.147
202303 0.140 127.348 0.145
202306 0.250 128.729 0.256
202309 0.280 129.860 0.284
202312 0.280 129.419 0.285
202403 0.250 131.776 0.250

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


Corcept Therapeutics  (LTS:0I3Q) 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.

Corcept Therapeutics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=27.916/0.71
=39.32

* 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 Corcept Therapeutics was 679.50. The lowest was 32.11. And the median was 67.45.


Be Aware

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


Corcept Therapeutics E10 Related Terms

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


Corcept Therapeutics (LTS:0I3Q) Business Description

Traded in Other Exchanges
Address
149 Commonwealth Drive, Menlo Park, CA, USA, 94025
Corcept Therapeutics Inc is a commercial-stage pharmaceutical company engaged in the discovery and development of medications that treat severe metabolic, oncologic and neuropsychiatric disorders by modulating the effect of the hormone cortisol.

Corcept Therapeutics (LTS:0I3Q) Headlines

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