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Pollard Banknote (Pollard Banknote) E10 : $0.65 (As of Mar. 2024)


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What is Pollard Banknote 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.

Pollard Banknote's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.192. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pollard Banknote's average E10 Growth Rate was 14.90% per year. During the past 3 years, the average E10 Growth Rate was 14.70% per year. During the past 5 years, the average E10 Growth Rate was 16.50% 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 Pollard Banknote was 26.80% per year. The lowest was 14.70% per year. And the median was 16.20% per year.

As of today (2024-05-18), Pollard Banknote's current stock price is $25.51. Pollard Banknote's E10 for the quarter that ended in Mar. 2024 was $0.65. Pollard Banknote's Shiller PE Ratio of today is 39.25.

During the past 13 years, the highest Shiller PE Ratio of Pollard Banknote was 103.61. The lowest was 23.54. And the median was 41.39.


Pollard Banknote E10 Historical Data

The historical data trend for Pollard Banknote'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.

Pollard Banknote E10 Chart

Pollard Banknote 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 0.33 0.44 0.50 0.53 0.64

Pollard Banknote 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 0.55 0.58 0.61 0.64 0.65

Competitive Comparison of Pollard Banknote's E10

For the Gambling subindustry, Pollard Banknote'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.


Pollard Banknote's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pollard Banknote's Shiller PE Ratio distribution charts can be found below:

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



Pollard Banknote 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, Pollard Banknote'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)
=0.192/126.2576*126.2576
=0.192

Current CPI (Mar. 2024) = 126.2576.

Pollard Banknote Quarterly Data

per share eps CPI Adj_EPS
201406 0.148 99.473 0.188
201409 0.064 99.394 0.081
201412 0.078 98.367 0.100
201503 0.048 99.789 0.061
201506 0.105 100.500 0.132
201509 0.060 100.421 0.075
201512 0.044 99.947 0.056
201603 0.113 101.054 0.141
201606 0.070 102.002 0.087
201609 0.092 101.765 0.114
201612 0.120 101.449 0.149
201703 0.060 102.634 0.074
201706 0.188 103.029 0.230
201709 0.163 103.345 0.199
201712 0.141 103.345 0.172
201803 0.139 105.004 0.167
201806 0.152 105.557 0.182
201809 0.215 105.636 0.257
201812 -0.060 105.399 -0.072
201903 0.232 106.979 0.274
201906 0.151 107.690 0.177
201909 0.128 107.611 0.150
201912 0.137 107.769 0.161
202003 -0.036 107.927 -0.042
202006 0.266 108.401 0.310
202009 0.385 108.164 0.449
202012 0.359 108.559 0.418
202103 0.223 110.298 0.255
202106 0.237 111.720 0.268
202109 -0.016 112.905 -0.018
202112 0.148 113.774 0.164
202203 0.190 117.646 0.204
202206 0.070 120.806 0.073
202209 -0.007 120.648 -0.007
202212 0.287 120.964 0.300
202303 0.132 122.702 0.136
202306 0.203 124.203 0.206
202309 0.207 125.230 0.209
202312 0.313 125.072 0.316
202403 0.192 126.258 0.192

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


Pollard Banknote  (OTCPK:PBKOF) 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.

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

Shiller PE Ratio=Share Price/E10
=25.51/0.65
=39.25

* 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 Pollard Banknote was 103.61. The lowest was 23.54. And the median was 41.39.


Be Aware

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


Pollard Banknote E10 Related Terms

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


Pollard Banknote (Pollard Banknote) Business Description

Traded in Other Exchanges
Address
140 Otter Street, Winnipeg, MB, CAN, R3T 0M8
Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has its geographic presence in Canada, United States and International. It generates majority of the revenue from United States .