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Wheaton Precious Metals (MEX:WPM) E10 : MXN17.44 (As of Dec. 2024)


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What is Wheaton Precious Metals 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.

Wheaton Precious Metals's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN4.046. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN17.44 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Wheaton Precious Metals's average E10 Growth Rate was 9.50% per year. During the past 3 years, the average E10 Growth Rate was 6.60% 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 6.30% 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 Wheaton Precious Metals was 51.80% per year. The lowest was -2.90% per year. And the median was 7.10% per year.

As of today (2025-04-17), Wheaton Precious Metals's current stock price is MXN1226.73. Wheaton Precious Metals's E10 for the quarter that ended in Dec. 2024 was MXN17.44. Wheaton Precious Metals's Shiller PE Ratio of today is 70.34.

During the past 13 years, the highest Shiller PE Ratio of Wheaton Precious Metals was 102.44. The lowest was 20.46. And the median was 50.67.


Wheaton Precious Metals E10 Historical Data

The historical data trend for Wheaton Precious Metals'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.

Wheaton Precious Metals E10 Chart

Wheaton Precious Metals 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 - 14.99 13.66 11.93 17.44

Wheaton Precious Metals 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 11.93 12.57 15.15 16.93 17.44

Competitive Comparison of Wheaton Precious Metals's E10

For the Gold subindustry, Wheaton Precious Metals'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.


Wheaton Precious Metals's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Wheaton Precious Metals's Shiller PE Ratio falls into.


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Wheaton Precious Metals 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, Wheaton Precious Metals'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)
=4.046/127.3637*127.3637
=4.046

Current CPI (Dec. 2024) = 127.3637.

Wheaton Precious Metals Quarterly Data

per share eps CPI Adj_EPS
201503 1.982 99.789 2.530
201506 2.040 100.500 2.585
201509 -4.056 100.421 -5.144
201512 -7.394 99.947 -9.422
201603 1.721 101.054 2.169
201606 2.589 102.002 3.233
201609 3.674 101.765 4.598
201612 0.412 101.449 0.517
201703 2.636 102.634 3.271
201706 2.711 103.029 3.351
201709 2.722 103.345 3.355
201712 -6.088 103.345 -7.503
201803 2.725 105.004 3.305
201806 14.148 105.557 17.071
201809 1.496 105.636 1.804
201812 0.196 105.399 0.237
201903 2.502 106.979 2.979
201906 -5.378 107.690 -6.360
201909 3.356 107.611 3.972
201912 3.282 107.769 3.879
202003 4.948 107.927 5.839
202006 5.424 108.401 6.373
202009 7.334 108.164 8.636
202012 6.942 108.559 8.144
202103 7.359 110.298 8.498
202106 7.325 111.720 8.351
202109 6.148 112.905 6.935
202112 13.273 113.774 14.858
202203 6.929 117.646 7.501
202206 6.639 120.806 6.999
202209 8.730 120.648 9.216
202212 7.155 120.964 7.534
202303 4.434 122.702 4.602
202306 5.349 124.203 5.485
202309 4.477 125.230 4.553
202312 6.314 125.072 6.430
202403 6.008 126.258 6.061
202406 4.928 127.522 4.922
202409 6.695 127.285 6.699
202412 4.046 127.364 4.046

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


Wheaton Precious Metals  (MEX:WPM) 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.

Wheaton Precious Metals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1226.73/17.44
=70.34

* 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 Wheaton Precious Metals was 102.44. The lowest was 20.46. And the median was 50.67.


Be Aware

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


Wheaton Precious Metals E10 Related Terms

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


Wheaton Precious Metals Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3
Wheaton Precious Metals Corp is a precious metal streaming company. The company metal streaming company which generates its revenue primarily from the sale of precious metals (gold, silver and palladium) and cobalt. Its reportable segment includes: Gold, Silver, Palladium, Platinum, Cobalt, and Other.