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Plug Power (LTS:0R1J) E10 : $-1.01 (As of Sep. 2024)


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What is Plug Power 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.

Plug Power's adjusted earnings per share data for the three months ended in Sep. 2024 was $-0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.01 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was -5.90% per year. During the past 5 years, the average E10 Growth Rate was 7.60% per year. During the past 10 years, the average E10 Growth Rate was 20.50% 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 Plug Power was 34.90% per year. The lowest was -5.90% per year. And the median was 14.90% per year.

As of today (2024-12-15), Plug Power's current stock price is $2.31525. Plug Power's E10 for the quarter that ended in Sep. 2024 was $-1.01. Plug Power's Shiller PE Ratio of today is .


Plug Power E10 Historical Data

The historical data trend for Plug Power'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.

Plug Power E10 Chart

Plug Power 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 -0.99 -0.81 -0.77 -0.80 -1.00

Plug Power Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.89 -1.00 -0.95 -1.00 -1.01

Competitive Comparison of Plug Power's E10

For the Electrical Equipment & Parts subindustry, Plug Power'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.


Plug Power's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plug Power's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Plug Power's Shiller PE Ratio falls into.



Plug Power 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, Plug Power's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.25/133.0289*133.0289
=-0.250

Current CPI (Sep. 2024) = 133.0289.

Plug Power Quarterly Data

per share eps CPI Adj_EPS
201412 -0.040 99.070 -0.054
201503 -0.060 99.621 -0.080
201506 -0.050 100.684 -0.066
201509 -0.060 100.392 -0.080
201512 -0.150 99.792 -0.200
201603 -0.070 100.470 -0.093
201606 -0.070 101.688 -0.092
201609 -0.070 101.861 -0.091
201612 -0.110 101.863 -0.144
201703 -0.130 102.862 -0.168
201706 -0.190 103.349 -0.245
201709 -0.180 104.136 -0.230
201712 -0.090 104.011 -0.115
201803 -0.090 105.290 -0.114
201806 -0.120 106.317 -0.150
201809 -0.070 106.507 -0.087
201812 -0.080 105.998 -0.100
201903 -0.140 107.251 -0.174
201906 -0.080 108.070 -0.098
201909 -0.080 108.329 -0.098
201912 -0.070 108.420 -0.086
202003 -0.120 108.902 -0.147
202006 -0.030 108.767 -0.037
202009 -0.180 109.815 -0.218
202012 -1.120 109.897 -1.356
202103 -0.120 111.754 -0.143
202106 -0.180 114.631 -0.209
202109 -0.190 115.734 -0.218
202112 -0.330 117.630 -0.373
202203 -0.270 121.301 -0.296
202206 -0.300 125.017 -0.319
202209 -0.300 125.227 -0.319
202212 -0.380 125.222 -0.404
202303 -0.350 127.348 -0.366
202306 -0.400 128.729 -0.413
202309 -0.470 129.860 -0.481
202312 -1.080 129.419 -1.110
202403 -0.460 131.776 -0.464
202406 -0.360 132.554 -0.361
202409 -0.250 133.029 -0.250

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


Plug Power  (LTS:0R1J) 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.


Plug Power E10 Related Terms

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


Plug Power Business Description

Address
968 Albany Shaker Road, Latham, NY, USA, 12110
Plug Power is building an end-to-end green hydrogen ecosystem-from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.

Plug Power Headlines

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