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Orbit International Corp  (OTCPK:ORBT) E10: $-0.20 (As of Dec. 2016)

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.

Orbit International Corp's adjusted earnings per share data for the three months ended in Dec. 2016 was $0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.20 for the trailing ten years ended in Dec. 2016.

As of today, Orbit International Corp's current stock price is $4.90. Orbit International Corp's E10 for the quarter that ended in Dec. 2016 was $-0.20. Orbit International Corp's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Orbit International Corp was 360.00. The lowest was 0.00. And the median was 23.33.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Orbit International Corp Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.01 -0.11 -0.16 -0.20

Orbit International Corp Quarterly Data

Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
E10 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 Premium Member Only Premium Member Only Premium Member Only -0.16 -0.18 -0.20 -0.20 -0.20

Competitive Comparison
* 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.


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.

For example, Orbit International Corp's adjusted earnings per share data for the three months ended in Dec. 2016 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=0.2/241.432*241.432
=0.200

Current CPI (Dec. 2016) = 241.432.

Orbit International Corp Quarterly Data

per share eps CPI Adj_EPS
200703 0.120 205.352 0.141
200706 0.110 208.352 0.127
200709 0.120 208.490 0.139
200712 0.210 210.036 0.241
200803 0.000 213.528 0.000
200806 -0.070 218.815 -0.077
200809 0.050 218.783 0.055
200812 -1.310 210.228 -1.504
200903 -0.080 212.709 -0.091
200906 0.000 215.693 0.000
200909 0.070 215.969 0.078
200912 -0.360 215.949 -0.402
201003 -0.150 217.631 -0.166
201006 0.030 217.965 0.033
201009 0.110 218.439 0.122
201012 -0.660 219.179 -0.727
201103 0.110 223.467 0.119
201106 0.200 225.722 0.214
201109 0.150 226.889 0.160
201112 0.210 225.672 0.225
201203 -0.300 229.392 -0.316
201206 0.040 229.478 0.042
201209 0.170 231.407 0.177
201212 0.060 229.601 0.063
201303 -0.020 232.773 -0.021
201306 0.020 233.504 0.021
201309 0.030 234.149 0.031
201312 -0.620 233.049 -0.642
201403 -0.240 236.293 -0.245
201406 -0.040 238.343 -0.041
201409 -0.030 238.031 -0.030
201412 -0.150 234.812 -0.154
201503 -0.070 236.119 -0.072
201506 0.080 238.638 0.081
201509 0.070 237.945 0.071
201512 0.140 236.525 0.143
201603 0.010 238.132 0.010
201606 0.020 241.018 0.020
201609 0.110 241.428 0.110
201612 0.200 241.432 0.200

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

Orbit International Corp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.90/-0.20
=

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

During the past 13 years, the highest Shiller P/E Ratio of Orbit International Corp was 360.00. The lowest was 0.00. And the median was 23.33.


Be Aware

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


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