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Natcore Technology (Natcore Technology) E10 : $-0.07 (As of Sep. 2018)


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What is Natcore Technology 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.

Natcore Technology's adjusted earnings per share data for the three months ended in Sep. 2018 was $0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.07 for the trailing ten years ended in Sep. 2018.

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.

As of today (2024-06-16), Natcore Technology's current stock price is $1.0E-5. Natcore Technology's E10 for the quarter that ended in Sep. 2018 was $-0.07. Natcore Technology's Shiller PE Ratio of today is .


Natcore Technology E10 Historical Data

The historical data trend for Natcore Technology'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.

Natcore Technology E10 Chart

Natcore Technology Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 - - - -

Natcore Technology Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 - - -0.09 -0.07 -0.07

Competitive Comparison of Natcore Technology's E10

For the Solar subindustry, Natcore Technology'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.


Natcore Technology's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Natcore Technology's Shiller PE Ratio distribution charts can be found below:

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



Natcore Technology 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, Natcore Technology's adjusted earnings per share data for the three months ended in Sep. 2018 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=0.001/106.5067*106.5067
=0.001

Current CPI (Sep. 2018) = 106.5067.

Natcore Technology Quarterly Data

per share eps CPI Adj_EPS
200812 -0.117 88.697 -0.140
200903 0.000 89.744 0.000
200906 -0.020 91.003 -0.023
200909 -0.010 91.120 -0.012
200912 -0.010 91.111 -0.012
201003 -0.010 91.821 -0.012
201006 -0.020 91.962 -0.023
201009 -0.020 92.162 -0.023
201012 -0.010 92.474 -0.012
201103 -0.130 94.283 -0.147
201106 0.080 95.235 0.089
201109 -0.010 95.727 -0.011
201112 -0.060 95.213 -0.067
201203 -0.020 96.783 -0.022
201206 -0.030 96.819 -0.033
201209 -0.040 97.633 -0.044
201212 0.030 96.871 0.033
201303 -0.020 98.209 -0.022
201306 0.000 98.518 0.000
201309 -0.050 98.790 -0.054
201312 -0.030 98.326 -0.032
201403 0.000 99.695 0.000
201406 -0.020 100.560 -0.021
201409 -0.010 100.428 -0.011
201412 -0.020 99.070 -0.022
201503 -0.030 99.621 -0.032
201506 -0.020 100.684 -0.021
201509 -0.030 100.392 -0.032
201512 -0.010 99.792 -0.011
201603 -0.040 100.470 -0.042
201606 0.010 101.688 0.010
201609 0.010 101.861 0.010
201612 0.000 101.863 0.000
201703 -0.010 102.862 -0.010
201706 -0.010 103.349 -0.010
201709 -0.002 104.136 -0.002
201712 0.000 104.011 0.000
201803 -0.010 105.290 -0.010
201806 -0.010 106.317 -0.010
201809 0.001 106.507 0.001

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


Natcore Technology  (OTCPK:NTCXF) 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.


Natcore Technology E10 Related Terms

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


Natcore Technology (Natcore Technology) Business Description

Traded in Other Exchanges
N/A
Address
189 North Water Street, Suite 700, Rochester, NY, USA, 14604-1163
Natcore Technology Inc is a Canada based company. It is a research and development company providing solar cells with improved efficiency and reduced cost. It is focused on using its proprietary nanotechnology discoveries to enable a variety of applications including laser processing, tandem quantum-dot solar cells and its Natcore Foil Cell structure, the development of which eliminates the need to use high-cost silver in mass-manufactured silicon solar cells.

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