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Cleanspark (MEX:CLSK) E10 : MXN-90.10 (As of Dec. 2024)


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What is Cleanspark 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.

Cleanspark's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN17.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-90.10 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average E10 Growth Rate was -5.80% per year. During the past 5 years, the average E10 Growth Rate was -2.20% 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 Cleanspark was 1.00% per year. The lowest was -5.80% per year. And the median was -0.90% per year.

As of today (2025-03-31), Cleanspark's current stock price is MXN146.00. Cleanspark's E10 for the quarter that ended in Dec. 2024 was MXN-90.10. Cleanspark's Shiller PE Ratio of today is .


Cleanspark E10 Historical Data

The historical data trend for Cleanspark'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.

Cleanspark E10 Chart

Cleanspark Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -119.31 -87.38 -83.47

Cleanspark 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 -77.68 -73.93 -77.25 -83.47 -90.10

Competitive Comparison of Cleanspark's E10

For the Capital Markets subindustry, Cleanspark'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.


Cleanspark's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cleanspark's Shiller PE Ratio distribution charts can be found below:

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


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Cleanspark 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, Cleanspark'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)
=17.31/133.1571*133.1571
=17.310

Current CPI (Dec. 2024) = 133.1571.

Cleanspark Quarterly Data

per share eps CPI Adj_EPS
201503 -25.917 99.621 -34.642
201506 -0.422 100.684 -0.558
201509 -0.414 100.392 -0.549
201512 -0.604 99.792 -0.806
201603 -1.721 100.470 -2.281
201606 -1.849 101.688 -2.421
201609 -17.402 101.861 -22.749
201612 -6.185 101.863 -8.085
201703 -7.532 102.862 -9.750
201706 -7.230 103.349 -9.315
201709 -56.259 104.136 -71.938
201712 -5.892 104.011 -7.543
201803 -5.450 105.290 -6.892
201806 -35.369 106.317 -44.298
201809 -208.000 106.507 -260.046
201812 -12.370 105.998 -15.539
201903 -36.468 107.251 -45.277
201906 -17.288 108.070 -21.301
201909 -55.278 108.329 -67.947
201912 -7.544 108.420 -9.265
202003 -26.496 108.902 -32.397
202006 -17.773 108.767 -21.758
202009 -8.972 109.815 -10.879
202012 -6.365 109.897 -7.712
202103 4.497 111.754 5.358
202106 -9.754 114.631 -11.330
202109 -3.084 115.734 -3.548
202112 7.180 117.630 8.128
202203 0.000 121.301 0.000
202206 -14.284 125.017 -15.214
202209 -19.713 125.227 -20.961
202212 -8.578 125.222 -9.122
202303 -4.146 127.348 -4.335
202306 -2.057 128.729 -2.128
202309 -10.974 129.860 -11.253
202312 2.376 129.419 2.445
202403 9.626 131.776 9.727
202406 -18.870 132.554 -18.956
202409 -5.316 133.029 -5.321
202412 17.310 133.157 17.310

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


Cleanspark  (MEX:CLSK) 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.


Cleanspark E10 Related Terms

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


Cleanspark Business Description

Traded in Other Exchanges
Address
10624 South Eastern Avenue, Suite A - 638, Henderson, NV, USA, 89052
Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.