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Digimarc (STU:3J0) E10 : €-2.93 (As of Dec. 2024)


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What is Digimarc 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.

Digimarc's adjusted earnings per share data for the three months ended in Dec. 2024 was €-0.382. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-2.93 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average E10 Growth Rate was -12.50% per year. During the past 5 years, the average E10 Growth Rate was -19.60% 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 Digimarc was -12.50% per year. The lowest was -42.10% per year. And the median was -27.95% per year.

As of today (2025-03-20), Digimarc's current stock price is €13.00. Digimarc's E10 for the quarter that ended in Dec. 2024 was €-2.93. Digimarc's Shiller PE Ratio of today is .


Digimarc E10 Historical Data

The historical data trend for Digimarc'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.

Digimarc E10 Chart

Digimarc 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 - - - -2.93 -2.93

Digimarc 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 -2.93 -2.86 -2.87 -2.81 -2.93

Competitive Comparison of Digimarc's E10

For the Information Technology Services subindustry, Digimarc'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.


Digimarc's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Digimarc's Shiller PE Ratio distribution charts can be found below:

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



Digimarc 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, Digimarc'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)
=-0.382/133.1571*133.1571
=-0.382

Current CPI (Dec. 2024) = 133.1571.

Digimarc Quarterly Data

per share eps CPI Adj_EPS
201503 -0.480 99.621 -0.642
201506 -0.445 100.684 -0.589
201509 -0.481 100.392 -0.638
201512 -0.569 99.792 -0.759
201603 -0.575 100.470 -0.762
201606 -0.552 101.688 -0.723
201609 -0.490 101.861 -0.641
201612 -0.540 101.863 -0.706
201703 -0.570 102.862 -0.738
201706 -0.605 103.349 -0.779
201709 -0.327 104.136 -0.418
201712 -0.642 104.011 -0.822
201803 -0.584 105.290 -0.739
201806 -0.608 106.317 -0.761
201809 -0.626 106.507 -0.783
201812 -0.615 105.998 -0.773
201903 -0.655 107.251 -0.813
201906 -0.602 108.070 -0.742
201909 -0.590 108.329 -0.725
201912 -0.657 108.420 -0.807
202003 -0.670 108.902 -0.819
202006 -0.551 108.767 -0.675
202009 -0.577 109.815 -0.700
202012 -1.044 109.897 -1.265
202103 -0.420 111.754 -0.500
202106 -0.780 114.631 -0.906
202109 -0.145 115.734 -0.167
202112 -0.443 117.630 -0.501
202203 -0.935 121.301 -1.026
202206 -0.710 125.017 -0.756
202209 -0.768 125.227 -0.817
202212 -0.585 125.222 -0.622
202303 -0.654 127.348 -0.684
202306 -0.489 128.729 -0.506
202309 -0.497 129.860 -0.510
202312 -0.477 129.419 -0.491
202403 -0.460 131.776 -0.465
202406 -0.399 132.554 -0.401
202409 -0.451 133.029 -0.451
202412 -0.382 133.157 -0.382

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


Digimarc  (STU:3J0) 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.


Digimarc E10 Related Terms

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


Digimarc Business Description

Traded in Other Exchanges
Address
8500 SW Creekside Place, Beaverton, OR, USA, 97008
Digimarc Corp is engaged in digital watermarking technologies. The Digimarc Illuminate platform is a distinctive software as a service (SaaS) cloud-based platform for digital connectivity that provides the tools for the application of digital watermarks and dynamic Quick Response (QR) codes, software (digital twins) that enables various systems and devices to interact with those data carriers, and a centralized platform for capturing insights about digital interactions and automating activities based on that information. The company generates revenue through commercial and government applications of its technology. The company derives its revenue from software development services, subscriptions for products and related services, and licensing of patents.

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