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Bavarian Nordic A/S (Bavarian Nordic A/S) E10 : $0.01 (As of Dec. 2023)


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What is Bavarian Nordic A/S 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.

Bavarian Nordic A/S's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.571. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.01 for the trailing ten years ended in Dec. 2023.

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 Bavarian Nordic A/S was 32.10% per year. The lowest was 27.90% per year. And the median was 29.20% per year.

As of today (2024-04-25), Bavarian Nordic A/S's current stock price is $6.92. Bavarian Nordic A/S's E10 for the quarter that ended in Dec. 2023 was $0.01. Bavarian Nordic A/S's Shiller PE Ratio of today is 692.00.

During the past 13 years, the highest Shiller PE Ratio of Bavarian Nordic A/S was 1267.86. The lowest was 686.00. And the median was 1118.75.


Bavarian Nordic A/S E10 Historical Data

The historical data trend for Bavarian Nordic A/S'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.

Bavarian Nordic A/S E10 Chart

Bavarian Nordic A/S 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 -0.35 -0.14 -0.11 -0.10 0.01

Bavarian Nordic A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.10 -0.07 -0.03 -0.05 0.01

Competitive Comparison of Bavarian Nordic A/S's E10

For the Biotechnology subindustry, Bavarian Nordic A/S'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.


Bavarian Nordic A/S's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bavarian Nordic A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bavarian Nordic A/S's Shiller PE Ratio falls into.



Bavarian Nordic A/S 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, Bavarian Nordic A/S's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.571/116.7000*116.7000
=0.571

Current CPI (Dec. 2023) = 116.7000.

Bavarian Nordic A/S Quarterly Data

per share eps CPI Adj_EPS
201403 0.002 99.600 0.002
201406 -0.101 99.700 -0.118
201409 -0.032 99.700 -0.037
201412 0.166 99.400 0.195
201503 0.061 100.200 0.071
201506 0.087 100.300 0.101
201509 -0.071 100.200 -0.083
201512 0.000 99.800 0.000
201603 -0.181 100.200 -0.211
201606 -0.036 100.600 -0.042
201609 0.127 100.200 0.148
201612 0.108 100.300 0.126
201703 -0.008 101.200 -0.009
201706 0.060 101.200 0.069
201709 0.431 101.800 0.494
201712 -0.247 101.300 -0.285
201803 -0.249 101.700 -0.286
201806 -0.141 102.300 -0.161
201809 0.041 102.400 0.047
201812 -0.125 102.100 -0.143
201903 -0.156 102.900 -0.177
201906 -0.161 102.900 -0.183
201909 -0.152 102.900 -0.172
201912 -0.056 102.900 -0.064
202003 0.621 103.300 0.702
202006 0.111 103.200 0.126
202009 0.026 103.500 0.029
202012 -0.398 103.400 -0.449
202103 -0.117 104.300 -0.131
202106 -0.130 105.000 -0.144
202109 -0.069 105.800 -0.076
202112 -0.081 106.600 -0.089
202203 -0.193 109.900 -0.205
202206 -0.161 113.600 -0.165
202209 0.009 116.400 0.009
202212 0.104 115.900 0.105
202303 0.245 117.300 0.244
202306 0.344 116.400 0.345
202309 -0.210 117.400 -0.209
202312 0.571 116.700 0.571

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


Bavarian Nordic A/S  (OTCPK:BVNRY) 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.

Bavarian Nordic A/S's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.92/0.01
=692.00

* 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 Bavarian Nordic A/S was 1267.86. The lowest was 686.00. And the median was 1118.75.


Be Aware

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


Bavarian Nordic A/S E10 Related Terms

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


Bavarian Nordic A/S (Bavarian Nordic A/S) Business Description

Traded in Other Exchanges
Address
Philip Heymans Alle 3, Hellerup, DNK, DK-2900
Bavarian Nordic A/S is a biotechnology company focused on the development, manufacturing, and commercialization of cancer immunotherapies and vaccines for infectious diseases. The company has a specific focus on diseases for which the unmet medical need is high. Bavarian generates revenue through government research and development and supply contracts, and from its commercial partnerships. The vast majority of the company's revenue is generated in the United States, Germany, and other geographic markets.

Bavarian Nordic A/S (Bavarian Nordic A/S) Headlines

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