GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » REC Silicon ASA (OSTO:RECo) » Definitions » E10

REC Silicon ASA (OSTO:RECO) E10 : kr0.00 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is REC Silicon ASA 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.

REC Silicon ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-1.061. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr0.00 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 41.20% per year. During the past 5 years, the average E10 Growth Rate was 31.10% 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 REC Silicon ASA was 41.20% per year. The lowest was 24.00% per year. And the median was 35.10% per year.

As of today (2024-05-16), REC Silicon ASA's current stock price is kr10.57. REC Silicon ASA's E10 for the quarter that ended in Mar. 2024 was kr0.00. REC Silicon ASA's Shiller PE Ratio of today is .


REC Silicon ASA E10 Historical Data

The historical data trend for REC Silicon ASA'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.

REC Silicon ASA E10 Chart

REC Silicon ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.67 -19.15 -10.10 -5.11 -3.66

REC Silicon ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -4.57 -4.83 -3.88 -3.66 -

Competitive Comparison of REC Silicon ASA's E10

For the Semiconductor Equipment & Materials subindustry, REC Silicon ASA'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.


REC Silicon ASA's Shiller PE Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where REC Silicon ASA's Shiller PE Ratio falls into.



REC Silicon ASA 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, REC Silicon ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.061/131.9000*131.9000
=-1.061

Current CPI (Mar. 2024) = 131.9000.

REC Silicon ASA Quarterly Data

per share eps CPI Adj_EPS
201406 0.604 97.500 0.817
201409 3.176 98.500 4.253
201412 3.639 98.600 4.868
201503 1.599 99.200 2.126
201506 -0.781 100.100 -1.029
201509 0.828 100.600 1.086
201512 -4.349 100.900 -5.685
201603 -2.543 102.500 -3.272
201606 -0.831 103.800 -1.056
201609 -3.278 104.200 -4.149
201612 0.856 104.400 1.081
201703 -0.851 105.000 -1.069
201706 -1.692 105.800 -2.109
201709 -3.919 105.900 -4.881
201712 -4.991 106.100 -6.205
201803 1.554 107.300 1.910
201806 -12.166 108.500 -14.790
201809 -0.660 109.500 -0.795
201812 -0.259 109.800 -0.311
201903 -0.775 110.400 -0.926
201906 -1.209 110.600 -1.442
201909 -0.630 111.100 -0.748
201912 -1.534 111.300 -1.818
202003 -0.410 111.200 -0.486
202006 -0.953 112.100 -1.121
202009 1.008 112.900 1.178
202012 -0.784 112.900 -0.916
202103 -0.170 114.600 -0.196
202106 -0.084 115.300 -0.096
202109 -0.087 117.500 -0.098
202112 -0.269 118.900 -0.298
202203 -0.177 119.800 -0.195
202206 -0.585 122.600 -0.629
202209 -0.721 125.600 -0.757
202212 -0.593 125.900 -0.621
202303 -0.843 127.600 -0.871
202306 -0.324 130.400 -0.328
202309 -0.643 129.800 -0.653
202312 2.637 131.900 2.637
202403 -1.061 131.900 -1.061

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


REC Silicon ASA  (OSTO:RECo) 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.


REC Silicon ASA E10 Related Terms

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


REC Silicon ASA (OSTO:RECO) Business Description

Traded in Other Exchanges
Address
Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324
REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. Majority of the firm's revenue gets generated through Semiconductor Materials segment.

REC Silicon ASA (OSTO:RECO) Headlines

No Headlines