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RNWEY (REC Silicon ASA) E10 : $-0.47 (As of Dec. 2024)


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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 Dec. 2024 was $-0.750. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.47 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average E10 Growth Rate was 13.20% per year. During the past 5 years, the average E10 Growth Rate was 26.90% 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 13.20% per year. And the median was 29.55% per year.

As of today (2025-03-04), REC Silicon ASA's current stock price is $0.1178. REC Silicon ASA's E10 for the quarter that ended in Dec. 2024 was $-0.47. 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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.21 -0.97 -0.54 -0.39 -0.47

REC Silicon ASA 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 -0.39 -0.32 -0.39 -0.40 -0.47

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 Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.75/134.8000*134.8000
=-0.750

Current CPI (Dec. 2024) = 134.8000.

REC Silicon ASA Quarterly Data

per share eps CPI Adj_EPS
201503 0.200 99.200 0.272
201506 -0.100 100.100 -0.135
201509 0.100 100.600 0.134
201512 -0.500 100.900 -0.668
201603 -0.300 102.500 -0.395
201606 -0.100 103.800 -0.130
201609 -0.400 104.200 -0.517
201612 0.100 104.400 0.129
201703 -0.100 105.000 -0.128
201706 -0.200 105.800 -0.255
201709 -0.500 105.900 -0.636
201712 -0.600 106.100 -0.762
201803 0.200 107.300 0.251
201806 -1.500 108.500 -1.864
201809 -0.080 109.500 -0.098
201812 -0.030 109.800 -0.037
201903 -0.090 110.400 -0.110
201906 -0.140 110.600 -0.171
201909 -0.070 111.100 -0.085
201912 -0.170 111.300 -0.206
202003 -0.040 111.200 -0.048
202006 -0.100 112.100 -0.120
202009 0.110 112.900 0.131
202012 -0.090 112.900 -0.107
202103 -0.020 114.600 -0.024
202106 -0.010 115.300 -0.012
202109 -0.010 117.500 -0.011
202112 -0.030 118.900 -0.034
202203 -0.020 119.800 -0.023
202206 -0.060 122.600 -0.066
202209 -0.070 125.600 -0.075
202212 -0.060 125.900 -0.064
202303 -0.080 127.600 -0.085
202306 -0.030 130.400 -0.031
202309 -0.060 129.800 -0.062
202312 0.250 131.900 0.255
202403 -0.100 132.600 -0.102
202406 -0.120 133.800 -0.121
202409 -0.130 133.700 -0.131
202412 -0.750 134.800 -0.750

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


REC Silicon ASA  (OTCPK:RNWEY) 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 Business Description

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. The majority of the firm's revenue is generated through the Semiconductor Materials segment.

REC Silicon ASA Headlines

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