GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » General Capital Ltd (NZSE:GEN) » Definitions » E10

General Capital (NZSE:GEN) E10 : NZ$-0.03 (As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is General Capital 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.

General Capital's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was NZ$0.029. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is NZ$-0.03 for the trailing ten years ended in Mar. 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.

As of today (2025-03-25), General Capital's current stock price is NZ$ 0.26. General Capital's E10 for the fiscal year that ended in Mar. 2024 was NZ$-0.03. General Capital's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of General Capital was 5.50. The lowest was 0.00. And the median was 5.30.


General Capital E10 Historical Data

The historical data trend for General Capital'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.

General Capital E10 Chart

General Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.03 -0.02 -0.03 -0.03

General Capital Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 - -0.03 - -0.03 -

Competitive Comparison of General Capital's E10

For the Mortgage Finance subindustry, General Capital'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.


General Capital's Shiller PE Ratio Distribution in the Banks Industry

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

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



General Capital 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, General Capital's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.029/129.5261*129.5261
=0.029

Current CPI (Mar. 2024) = 129.5261.

General Capital Annual Data

per_share_eps CPI Adj_EPS
201503 0.010 99.646 0.013
201603 -0.214 100.063 -0.277
201703 -0.054 102.231 -0.068
201803 -0.054 103.355 -0.068
201903 -0.018 104.889 -0.022
202003 0.003 107.547 0.004
202103 0.002 109.182 0.002
202203 0.031 116.747 0.034
202303 0.039 124.517 0.041
202403 0.029 129.526 0.029

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


General Capital  (NZSE:GEN) 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.

During the past 13 years, the highest Shiller P/E Ratio of General Capital was 5.50. The lowest was 0.00. And the median was 5.30.


Be Aware

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


General Capital E10 Related Terms

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


General Capital Business Description

Traded in Other Exchanges
N/A
Address
115 Queen Street, Level 8, General Capital House, Auckland, NTL, NZL, 1010
General Capital Ltd through its subsidiaries engaged in providing financial services. The company accepts deposits and also lends funds to borrowers over residential property. It operates through three segments Finance: Deposit taking and short-term property mortgage lending, Research and Advisory: Provides investment advisory services and produces and sells investment research and publications. Corporate and Other: Corporate function and investment activities. The Finance segment generates the majority of revenue for the company.