GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Canopy Growth Corp (STU:11L) » Definitions » E10

Canopy Growth (STU:11L) E10 : €-17.54 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Canopy Growth 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.

Canopy Growth's adjusted earnings per share data for the three months ended in Dec. 2023 was €-1.791. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-17.54 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -36.40% 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 Canopy Growth was -36.40% per year. The lowest was -36.40% per year. And the median was -36.40% per year.

As of today (2024-04-29), Canopy Growth's current stock price is €8.30. Canopy Growth's E10 for the quarter that ended in Dec. 2023 was €-17.54. Canopy Growth's Shiller PE Ratio of today is .


Canopy Growth E10 Historical Data

The historical data trend for Canopy Growth'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.

Canopy Growth E10 Chart

Canopy Growth Annual Data
Trend Jul13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -6.28 -9.91 -11.41 -15.89

Canopy Growth 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 -14.77 -15.89 -16.91 -17.33 -17.54

Competitive Comparison of Canopy Growth's E10

For the Drug Manufacturers - Specialty & Generic subindustry, Canopy Growth'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.


Canopy Growth's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Canopy Growth's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Canopy Growth's Shiller PE Ratio falls into.



Canopy Growth 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, Canopy Growth'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)
=-1.791/125.4675*125.4675
=-1.791

Current CPI (Dec. 2023) = 125.4675.

Canopy Growth Quarterly Data

per share eps CPI Adj_EPS
201310 -0.035 97.182 -0.045
201401 -0.201 97.261 -0.259
201406 -0.197 99.473 -0.248
201409 -0.423 99.394 -0.534
201412 -0.492 98.367 -0.628
201506 0.144 100.500 0.180
201509 0.336 100.421 0.420
201512 -0.268 99.947 -0.336
201603 -0.475 101.054 -0.590
201606 -0.276 102.002 -0.339
201609 0.340 101.765 0.419
201612 0.142 101.449 0.176
201703 -0.698 102.634 -0.853
201706 -0.402 103.029 -0.490
201709 -0.068 103.345 -0.083
201712 0.066 103.345 0.080
201803 -2.069 105.004 -2.472
201806 -2.609 105.557 -3.101
201809 -9.994 105.636 -11.870
201812 -2.486 105.399 -2.959
201903 -6.486 106.979 -7.607
201906 -3.596 107.690 -4.190
201909 1.714 107.611 1.998
201912 -1.777 107.769 -2.069
202003 -24.311 107.927 -28.262
202006 -1.966 108.401 -2.276
202009 -0.578 108.164 -0.670
202012 -15.594 108.559 -18.023
202103 -12.364 110.298 -14.064
202106 5.705 111.720 6.407
202109 -0.201 112.905 -0.223
202112 -1.936 113.774 -2.135
202203 -10.471 117.646 -11.167
202206 -38.715 120.806 -40.209
202209 -4.695 120.648 -4.883
202212 -3.711 120.964 -3.849
202303 -8.737 122.702 -8.934
202306 -0.486 124.203 -0.491
202309 -2.978 125.230 -2.984
202312 -1.791 125.468 -1.791

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


Canopy Growth  (STU:11L) 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.


Canopy Growth E10 Related Terms

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


Canopy Growth (STU:11L) Business Description

Traded in Other Exchanges
Address
1 Hershey Drive, Smiths Falls, ON, CAN, K7A 0A8
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include sports drink BioSteel, skincare products under This Works, Martha Stewart CBD, and Storz & Bickel vaporizers. Canopy growth is attempting to merge its U.S. assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.

Canopy Growth (STU:11L) Headlines

No Headlines