GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » US Global Investors Inc (LTS:0LHX) » Definitions » E10

US Global Investors (LTS:0LHX) E10 : $0.19 (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is US Global Investors 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.

US Global Investors's adjusted earnings per share data for the three months ended in Dec. 2024 was $-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.19 for the trailing ten years ended in Dec. 2024.

During the past 12 months, US Global Investors's average E10 Growth Rate was 5.60% per year. During the past 3 years, the average E10 Growth Rate was 17.80% 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 US Global Investors was 102.70% per year. The lowest was -54.60% per year. And the median was 13.45% per year.

As of today (2025-03-17), US Global Investors's current stock price is $2.215. US Global Investors's E10 for the quarter that ended in Dec. 2024 was $0.19. US Global Investors's Shiller PE Ratio of today is 11.66.

During the past 13 years, the highest Shiller PE Ratio of US Global Investors was 162.60. The lowest was 3.74. And the median was 19.00.


US Global Investors E10 Historical Data

The historical data trend for US Global Investors'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.

US Global Investors E10 Chart

US Global Investors 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 -0.04 0.11 0.13 0.16 0.18

US Global Investors 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 0.18 0.17 0.18 0.19 0.19

Competitive Comparison of US Global Investors's E10

For the Asset Management subindustry, US Global Investors'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.


US Global Investors's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, US Global Investors's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where US Global Investors's Shiller PE Ratio falls into.



US Global Investors 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, US Global Investors'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)
=-0.01/133.1571*133.1571
=-0.010

Current CPI (Dec. 2024) = 133.1571.

US Global Investors Quarterly Data

per share eps CPI Adj_EPS
201503 -0.070 99.621 -0.094
201506 -0.130 100.684 -0.172
201509 -0.060 100.392 -0.080
201512 -0.140 99.792 -0.187
201603 -0.020 100.470 -0.027
201606 -0.020 101.688 -0.026
201609 0.020 101.861 0.026
201612 0.001 101.863 0.001
201703 -0.002 102.862 -0.003
201706 -0.050 103.349 -0.064
201709 0.080 104.136 0.102
201712 0.050 104.011 0.064
201803 -0.070 105.290 -0.089
201806 -0.020 106.317 -0.025
201809 -0.080 106.507 -0.100
201812 -0.210 105.998 -0.264
201903 0.050 107.251 0.062
201906 0.020 108.070 0.025
201909 -0.240 108.329 -0.295
201912 -0.060 108.420 -0.074
202003 -0.110 108.902 -0.135
202006 0.100 108.767 0.122
202009 0.130 109.815 0.158
202012 1.100 109.897 1.333
202103 0.570 111.754 0.679
202106 0.310 114.631 0.360
202109 0.160 115.734 0.184
202112 0.240 117.630 0.272
202203 -0.060 121.301 -0.066
202206 -0.110 125.017 -0.117
202209 0.004 125.227 0.004
202212 0.060 125.222 0.064
202303 0.110 127.348 0.115
202306 0.050 128.729 0.052
202309 -0.010 129.860 -0.010
202312 0.090 129.419 0.093
202403 -0.002 131.776 -0.002
202406 0.020 132.554 0.020
202409 0.020 133.029 0.020
202412 -0.010 133.157 -0.010

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


US Global Investors  (LTS:0LHX) 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.

US Global Investors's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.215/0.19
=11.66

* 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 US Global Investors was 162.60. The lowest was 3.74. And the median was 19.00.


Be Aware

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


US Global Investors E10 Related Terms

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


US Global Investors Business Description

Traded in Other Exchanges
Address
7900 Callaghan Road, San Antonio, TX, USA, 78229
US Global Investors Inc is a registered investment advisory firm. The company manages the following business segments: Investment management services; through which the company offers, to U.S. Global Investors Funds (USGIF or the Funds) and exchange-traded fund (ETF) clients, a range of investment management products and services to meet the needs of individual and institutional investors; and Corporate Investments, through which the company invests for its own account in an effort to add growth and value to its cash position. It derives all its revenue from Investment management services.

US Global Investors Headlines

No Headlines