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Pan American Silver (LTS:0R07) E10 : C$0.04 (As of Dec. 2024)


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What is Pan American Silver 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.

Pan American Silver's adjusted earnings per share data for the three months ended in Dec. 2024 was C$0.427. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.04 for the trailing ten years ended in Dec. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Pan American Silver was 58.70% per year. The lowest was -58.70% per year. And the median was -11.05% per year.

As of today (2025-03-24), Pan American Silver's current stock price is C$36.59. Pan American Silver's E10 for the quarter that ended in Dec. 2024 was C$0.04. Pan American Silver's Shiller PE Ratio of today is 914.75.

During the past 13 years, the highest Shiller PE Ratio of Pan American Silver was 945.25. The lowest was 753.50. And the median was 863.50.


Pan American Silver E10 Historical Data

The historical data trend for Pan American Silver'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.

Pan American Silver E10 Chart

Pan American Silver Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -0.55 -0.90 -0.55 0.04

Pan American Silver 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 -0.55 -0.56 -0.59 -0.52 0.04

Competitive Comparison of Pan American Silver's E10

For the Gold subindustry, Pan American Silver'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.


Pan American Silver's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pan American Silver's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Pan American Silver's Shiller PE Ratio falls into.



Pan American Silver 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, Pan American Silver'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)
=0.427/127.3637*127.3637
=0.427

Current CPI (Dec. 2024) = 127.3637.

Pan American Silver Quarterly Data

per share eps CPI Adj_EPS
201503 -0.164 99.789 -0.209
201506 -0.062 100.500 -0.079
201509 -0.584 100.421 -0.741
201512 -1.207 99.947 -1.538
201603 0.013 101.054 0.016
201606 0.284 102.002 0.355
201609 0.367 101.765 0.459
201612 0.187 101.449 0.235
201703 0.174 102.634 0.216
201706 0.306 103.029 0.378
201709 0.135 103.345 0.166
201712 0.409 103.345 0.504
201803 0.401 105.004 0.486
201806 0.315 105.557 0.380
201809 -0.078 105.636 -0.094
201812 -0.564 105.399 -0.682
201903 0.027 106.979 0.032
201906 0.120 107.690 0.142
201909 0.238 107.611 0.282
201912 0.329 107.769 0.389
202003 -0.517 107.927 -0.610
202006 0.136 108.401 0.160
202009 0.410 108.164 0.483
202012 1.025 108.559 1.203
202103 -0.050 110.298 -0.058
202106 0.415 111.720 0.473
202109 0.127 112.905 0.143
202112 0.090 113.774 0.101
202203 0.456 117.646 0.494
202206 -1.063 120.806 -1.121
202209 -0.454 120.648 -0.479
202212 -1.114 120.964 -1.173
202303 0.109 122.702 0.113
202306 -0.120 124.203 -0.123
202309 -0.068 125.230 -0.069
202312 -0.282 125.072 -0.287
202403 -0.108 126.258 -0.109
202406 -0.082 127.522 -0.082
202409 0.217 127.285 0.217
202412 0.427 127.364 0.427

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


Pan American Silver  (LTS:0R07) 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.

Pan American Silver's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=36.59/0.04
=914.75

* 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 Pan American Silver was 945.25. The lowest was 753.50. And the median was 863.50.


Be Aware

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


Pan American Silver E10 Related Terms

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


Pan American Silver Business Description

Address
733 Seymour Street, Suite 2100, Vancouver, BC, CAN, V6B0S6
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. The company's principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.

Pan American Silver Headlines

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