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Sprott Physical Platinum & Palladium Tr (Sprott Physical Platinum & Palladium Tr) E10 : $0.07 (As of Mar. 2024)


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What is Sprott Physical Platinum & Palladium Tr 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.

Sprott Physical Platinum & Palladium Tr's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sprott Physical Platinum & Palladium Tr's average E10 Growth Rate was -78.70% 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.

As of today (2024-06-23), Sprott Physical Platinum & Palladium Tr's current stock price is $9.61. Sprott Physical Platinum & Palladium Tr's E10 for the quarter that ended in Mar. 2024 was $0.07. Sprott Physical Platinum & Palladium Tr's Shiller PE Ratio of today is 137.29.

During the past 11 years, the highest Shiller PE Ratio of Sprott Physical Platinum & Palladium Tr was 140.86. The lowest was 29.05. And the median was 55.38.


Sprott Physical Platinum & Palladium Tr E10 Historical Data

The historical data trend for Sprott Physical Platinum & Palladium Tr'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.

Sprott Physical Platinum & Palladium Tr E10 Chart

Sprott Physical Platinum & Palladium Tr 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 - - - - 0.18

Sprott Physical Platinum & Palladium Tr 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 0.42 0.24 0.19 0.18 0.07

Competitive Comparison of Sprott Physical Platinum & Palladium Tr's E10

For the Asset Management subindustry, Sprott Physical Platinum & Palladium Tr'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.


Sprott Physical Platinum & Palladium Tr's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott Physical Platinum & Palladium Tr's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sprott Physical Platinum & Palladium Tr's Shiller PE Ratio falls into.



Sprott Physical Platinum & Palladium Tr 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, Sprott Physical Platinum & Palladium Tr'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)
=-0.86/126.2576*126.2576
=-0.860

Current CPI (Mar. 2024) = 126.2576.

Sprott Physical Platinum & Palladium Tr Quarterly Data

per share eps CPI Adj_EPS
201406 0.620 99.473 0.787
201409 -1.030 99.394 -1.308
201412 -0.137 98.367 -0.176
201503 -0.600 99.789 -0.759
201506 -0.590 100.500 -0.741
201509 -0.720 100.421 -0.905
201512 -0.601 99.947 -0.759
201603 0.200 101.054 0.250
201606 0.360 102.002 0.446
201609 0.770 101.765 0.955
201612 -0.622 101.449 -0.774
201703 0.900 102.634 1.107
201706 0.210 103.029 0.257
201709 0.550 103.345 0.672
201712 0.830 103.345 1.014
201803 -0.700 105.004 -0.842
201806 -0.220 105.557 -0.263
201809 0.610 105.636 0.729
201812 0.980 105.399 1.174
201903 0.920 106.979 1.086
201906 0.780 107.690 0.914
201909 0.910 107.611 1.068
201912 1.790 107.769 2.097
202003 1.840 107.927 2.153
202006 -2.310 108.401 -2.691
202009 2.220 108.164 2.591
202012 1.435 108.559 1.669
202103 1.240 110.298 1.419
202106 0.003 111.720 0.003
202109 -4.690 112.905 -5.245
202112 -0.113 113.774 -0.125
202203 1.360 117.646 1.460
202206 -2.070 120.806 -2.163
202209 0.790 120.648 0.827
202212 -0.473 120.964 -0.494
202303 -1.930 122.702 -1.986
202306 -1.600 124.203 -1.626
202309 0.050 125.230 0.050
202312 -0.163 125.072 -0.165
202403 -0.860 126.258 -0.860

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


Sprott Physical Platinum & Palladium Tr  (ARCA:SPPP) 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.

Sprott Physical Platinum & Palladium Tr's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.61/0.07
=137.29

* 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 11 years, the highest Shiller P/E Ratio of Sprott Physical Platinum & Palladium Tr was 140.86. The lowest was 29.05. And the median was 55.38.


Be Aware

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


Sprott Physical Platinum & Palladium Tr E10 Related Terms

Thank you for viewing the detailed overview of Sprott Physical Platinum & Palladium Tr's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Sprott Physical Platinum & Palladium Tr (Sprott Physical Platinum & Palladium Tr) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 2600, South Tower, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
Sprott Physical Platinum & Palladium Tr invests and holds all of its assets in physical platinum and palladium bullion. It seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical bullion. The Trust invests mainly in long-term holdings of unencumbered, fully allocated, physical platinum and palladium bullion.

Sprott Physical Platinum & Palladium Tr (Sprott Physical Platinum & Palladium Tr) Headlines