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New Gold (STU:32N) E10 : €-0.33 (As of Dec. 2024)


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What is New 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.

New Gold's adjusted earnings per share data for the three months ended in Dec. 2024 was €0.076. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.33 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average E10 Growth Rate was 3.70% per year. During the past 5 years, the average E10 Growth Rate was -3.00% per year. During the past 10 years, the average E10 Growth Rate was -5.40% 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 New Gold was 16.80% per year. The lowest was -31.20% per year. And the median was -7.70% per year.

As of today (2025-03-20), New Gold's current stock price is €3.036. New Gold's E10 for the quarter that ended in Dec. 2024 was €-0.33. New Gold's Shiller PE Ratio of today is .


New Gold E10 Historical Data

The historical data trend for New 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.

New Gold E10 Chart

New Gold 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 -0.32 -0.38 -0.45 -0.44 -0.33

New Gold 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 -0.44 -0.46 -0.45 -0.42 -0.33

Competitive Comparison of New Gold's E10

For the Gold subindustry, New 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.


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

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

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



New 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, New Gold'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)
=0.076/127.3637*127.3637
=0.076

Current CPI (Dec. 2024) = 127.3637.

New Gold Quarterly Data

per share eps CPI Adj_EPS
201503 -0.083 99.789 -0.106
201506 0.018 100.500 0.023
201509 -0.276 100.421 -0.350
201512 -0.018 99.947 -0.023
201603 0.045 101.054 0.057
201606 -0.027 102.002 -0.034
201609 0.009 101.765 0.011
201612 -0.038 101.449 -0.048
201703 0.065 102.634 0.081
201706 0.036 103.029 0.045
201709 0.042 103.345 0.052
201712 -0.262 103.345 -0.323
201803 -0.041 105.004 -0.050
201806 -0.462 105.557 -0.557
201809 -0.246 105.636 -0.297
201812 -1.362 105.399 -1.646
201903 -0.018 106.979 -0.021
201906 -0.053 107.690 -0.063
201909 -0.036 107.611 -0.043
201912 0.009 107.769 0.011
202003 -0.036 107.927 -0.042
202006 -0.062 108.401 -0.073
202009 0.017 108.164 0.020
202012 -0.025 108.559 -0.029
202103 0.017 110.298 0.020
202106 -0.017 111.720 -0.019
202109 -0.017 112.905 -0.019
202112 0.204 113.774 0.228
202203 -0.009 117.646 -0.010
202206 -0.057 120.806 -0.060
202209 -0.010 120.648 -0.011
202212 -0.028 120.964 -0.029
202303 -0.047 122.702 -0.049
202306 -0.004 124.203 -0.004
202309 -0.004 125.230 -0.004
202312 -0.037 125.072 -0.038
202403 -0.055 126.258 -0.055
202406 0.065 127.522 0.065
202409 0.045 127.285 0.045
202412 0.076 127.364 0.076

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


New Gold  (STU:32N) 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.


New Gold E10 Related Terms

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


New Gold Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 3320, Toronto, ON, CAN, M5J 2T3
New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver.

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