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Palatin Technologies (LTS:0KF3) E10 : $-2.78 (As of Dec. 2024)


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What is Palatin 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.

Palatin Technologies's adjusted earnings per share data for the three months ended in Dec. 2024 was $-0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-2.78 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average E10 Growth Rate was 14.60% per year. During the past 5 years, the average E10 Growth Rate was 18.00% per year. During the past 10 years, the average E10 Growth Rate was 27.30% 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 Palatin Technologies was 40.90% per year. The lowest was 14.60% per year. And the median was 23.80% per year.

As of today (2025-03-24), Palatin Technologies's current stock price is $0.762. Palatin Technologies's E10 for the quarter that ended in Dec. 2024 was $-2.78. Palatin Technologies's Shiller PE Ratio of today is .


Palatin Technologies E10 Historical Data

The historical data trend for Palatin 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.

Palatin Technologies E10 Chart

Palatin Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.79 -4.02 -3.25 -2.63 -2.38

Palatin Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -2.22 -2.45 -2.38 -2.55 -2.78

Competitive Comparison of Palatin Technologies's E10

For the Biotechnology subindustry, Palatin 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.


Palatin Technologies's Shiller PE Ratio Distribution in the Biotechnology Industry

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

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



Palatin 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, Palatin Technologies's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.12/133.1571*133.1571
=-0.120

Current CPI (Dec. 2024) = 133.1571.

Palatin Technologies Quarterly Data

per share eps CPI Adj_EPS
201503 -1.750 99.621 -2.339
201506 -2.500 100.684 -3.306
201509 -2.000 100.392 -2.653
201512 -2.000 99.792 -2.669
201603 -2.000 100.470 -2.651
201606 -2.000 101.688 -2.619
201609 -2.000 101.861 -2.614
201612 -1.500 101.863 -1.961
201703 -0.500 102.862 -0.647
201706 2.000 103.349 2.577
201709 1.250 104.136 1.598
201712 0.250 104.011 0.320
201803 -0.094 105.290 -0.119
201806 1.250 106.317 1.566
201809 -0.750 106.507 -0.938
201812 -0.500 105.998 -0.628
201903 -0.750 107.251 -0.931
201906 6.000 108.070 7.393
201909 -0.500 108.329 -0.615
201912 -0.500 108.420 -0.614
202003 -0.500 108.902 -0.611
202006 -0.750 108.767 -0.918
202009 -0.500 109.815 -0.606
202012 -1.000 109.897 -1.212
202103 -0.500 111.754 -0.596
202106 -1.500 114.631 -1.742
202109 -0.750 115.734 -0.863
202112 -0.910 117.630 -1.030
202203 -0.800 121.301 -0.878
202206 -1.340 125.017 -1.427
202209 -0.860 125.227 -0.914
202212 0.250 125.222 0.266
202303 -0.760 127.348 -0.795
202306 -0.870 128.729 -0.900
202309 -0.430 129.860 -0.441
202312 -0.560 129.419 -0.576
202403 -0.530 131.776 -0.536
202406 -0.490 132.554 -0.492
202409 -0.390 133.029 -0.390
202412 -0.120 133.157 -0.120

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


Palatin Technologies  (LTS:0KF3) 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.


Palatin Technologies E10 Related Terms

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


Palatin Technologies Business Description

Traded in Other Exchanges
Address
4B Cedar Brook Drive, Cranbury, NJ, USA, 08512
Palatin Technologies Inc is a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system. The product candidates are targeted, receptor-specific therapeutics for the treatment of diseases with significant unmet medical need and commercial potential.

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