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OCANF (OceanaGold) E10 : $0.10 (As of Dec. 2024)


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What is OceanaGold 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.

OceanaGold's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.10 for the trailing ten years ended in Dec. 2024.

During the past 12 months, OceanaGold's average E10 Growth Rate was -6.30% per year. During the past 3 years, the average E10 Growth Rate was 14.50% per year. During the past 5 years, the average E10 Growth Rate was 1.20% 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 OceanaGold was 34.40% per year. The lowest was -20.60% per year. And the median was 1.45% per year.

As of today (2025-03-04), OceanaGold's current stock price is $2.55. OceanaGold's E10 for the quarter that ended in Dec. 2024 was $0.10. OceanaGold's Shiller PE Ratio of today is 25.50.

During the past 13 years, the highest Shiller PE Ratio of OceanaGold was 89.00. The lowest was 7.35. And the median was 20.50.


OceanaGold E10 Historical Data

The historical data trend for OceanaGold'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.

OceanaGold E10 Chart

OceanaGold 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 0.10 0.08 0.09 0.12 0.10

OceanaGold 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 0.12 0.10 0.11 0.11 0.10

Competitive Comparison of OceanaGold's E10

For the Gold subindustry, OceanaGold'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.


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

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

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



OceanaGold 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, OceanaGold'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)
=0.14/127.3637*127.3637
=0.140

Current CPI (Dec. 2024) = 127.3637.

OceanaGold Quarterly Data

per share eps CPI Adj_EPS
201503 0.080 99.789 0.102
201506 -0.003 100.500 -0.004
201509 0.020 100.421 0.025
201512 0.038 99.947 0.048
201603 0.040 101.054 0.050
201606 0.060 102.002 0.075
201609 0.050 101.765 0.063
201612 0.070 101.449 0.088
201703 0.060 102.634 0.074
201706 0.040 103.029 0.049
201709 0.030 103.345 0.037
201712 0.140 103.345 0.173
201803 0.070 105.004 0.085
201806 0.070 105.557 0.084
201809 0.030 105.636 0.036
201812 -0.080 105.399 -0.097
201903 0.020 106.979 0.024
201906 0.020 107.690 0.024
201909 -0.040 107.611 -0.047
201912 0.010 107.769 0.012
202003 -0.040 107.927 -0.047
202006 -0.050 108.401 -0.059
202009 -0.160 108.164 -0.188
202012 0.010 108.559 0.012
202103 0.020 110.298 0.023
202106 0.040 111.720 0.046
202109 0.060 112.905 0.068
202112 -0.140 113.774 -0.157
202203 0.110 117.646 0.119
202206 0.030 120.806 0.032
202209 -0.010 120.648 -0.011
202212 0.050 120.964 0.053
202303 0.050 122.702 0.052
202306 0.090 124.203 0.092
202309 -0.010 125.230 -0.010
202312 -0.020 125.072 -0.020
202403 -0.010 126.258 -0.010
202406 0.040 127.522 0.040
202409 0.080 127.285 0.080
202412 0.140 127.364 0.140

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


OceanaGold  (OTCPK:OCANF) 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.

OceanaGold's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.55/0.10
=25.50

* 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 OceanaGold was 89.00. The lowest was 7.35. And the median was 20.50.


Be Aware

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


OceanaGold E10 Related Terms

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


OceanaGold Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1020, Vancouver, BC, CAN, V6C 3A6
OceanaGold Corp is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from its operations and delivering strong returns for its shareholders. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.