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K2 Gold (STU:23K) E10 : €-0.38 (As of Dec. 2023)


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What is K2 Gold 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.

K2 Gold's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.38 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.

As of today (2024-05-31), K2 Gold's current stock price is €0.0655. K2 Gold's E10 for the quarter that ended in Dec. 2023 was €-0.38. K2 Gold's Shiller PE Ratio of today is .


K2 Gold E10 Historical Data

The historical data trend for K2 Gold'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.

K2 Gold E10 Chart

K2 Gold 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 - - -1.17 -0.44 -0.38

K2 Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -0.45 -0.44 -0.48 -0.43 -0.38

Competitive Comparison of K2 Gold's E10

For the Gold subindustry, K2 Gold'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.


K2 Gold's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, K2 Gold's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where K2 Gold's Shiller PE Ratio falls into.



K2 Gold 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, K2 Gold'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)
=-0.001/125.0724*125.0724
=-0.001

Current CPI (Dec. 2023) = 125.0724.

K2 Gold Quarterly Data

per share eps CPI Adj_EPS
201312 0.000 96.945 0.000
201403 -0.056 98.604 -0.071
201406 -0.054 99.473 -0.068
201409 -0.028 99.394 -0.035
201412 -1.744 98.367 -2.217
201503 -0.029 99.789 -0.036
201506 -0.022 100.500 -0.027
201509 -0.020 100.421 -0.025
201512 -1.459 99.947 -1.826
201603 -0.014 101.054 -0.017
201606 -0.021 102.002 -0.026
201609 -0.007 101.765 -0.009
201612 -0.012 101.449 -0.015
201703 -0.007 102.634 -0.009
201706 -0.020 103.029 -0.024
201709 -0.007 103.345 -0.008
201712 -0.007 103.345 -0.008
201803 -0.006 105.004 -0.007
201806 -0.013 105.557 -0.015
201809 -0.007 105.636 -0.008
201812 -0.007 105.399 -0.008
201903 -0.007 106.979 -0.008
201906 -0.007 107.690 -0.008
201909 -0.003 107.611 -0.003
201912 -0.007 107.769 -0.008
202003 -0.003 107.927 -0.003
202006 -0.007 108.401 -0.008
202009 -0.010 108.164 -0.012
202012 -0.010 108.559 -0.012
202103 -0.007 110.298 -0.008
202106 -0.007 111.720 -0.008
202109 -0.001 112.905 -0.001
202112 -0.008 113.774 -0.009
202203 -0.003 117.646 -0.003
202206 -0.004 120.806 -0.004
202209 -0.004 120.648 -0.004
202212 -0.003 120.964 -0.003
202303 -0.003 122.702 -0.003
202309 -0.001 125.230 -0.001
202312 -0.001 125.072 -0.001

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


K2 Gold  (STU:23K) 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.


K2 Gold E10 Related Terms

Thank you for viewing the detailed overview of K2 Gold's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


K2 Gold (STU:23K) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6
K2 Gold Corp is a well-financed gold exploration company with projects in SW USA and the Yukon. The company is focused on the Mojave property in California, a 5,830-hectare oxide gold project with base metal targets. The location of Mojave enables the company to have year-round news flow on multiple previously recognized surface gold targets. Besides affording immediate drill targets based on the company's soil data integrated with LiDAR and Worldview3 data, the property also has undrilled locations with gold-enriched historical trench results including one at the Flores zone which recorded 8.4 g/t gold over 25.6m. The company has exploration plans for the Si2 and Wels projects, located in Nevada, the USA, and the Yukon Territory, Canada.

K2 Gold (STU:23K) Headlines

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