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BeiGene (STU:49B) E10 : €-0.85 (As of Mar. 2024)


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What is BeiGene 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.

BeiGene's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.175. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.85 for the trailing ten years ended in Mar. 2024.

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 (2024-06-10), BeiGene's current stock price is €11.00. BeiGene's E10 for the quarter that ended in Mar. 2024 was €-0.85. BeiGene's Shiller PE Ratio of today is .


BeiGene E10 Historical Data

The historical data trend for BeiGene'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.

BeiGene E10 Chart

BeiGene 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 - - - - -0.82

BeiGene 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 - - - -0.82 -0.85

Competitive Comparison of BeiGene's E10

For the Biotechnology subindustry, BeiGene'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.


BeiGene's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, BeiGene's Shiller PE Ratio distribution charts can be found below:

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



BeiGene 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, BeiGene'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)
=-0.175/131.7762*131.7762
=-0.175

Current CPI (Mar. 2024) = 131.7762.

BeiGene Quarterly Data

per share eps CPI Adj_EPS
201406 0.000 100.560 0.000
201409 -0.011 100.428 -0.014
201412 -0.004 99.070 -0.005
201503 -0.014 99.621 -0.019
201506 -0.007 100.684 -0.009
201509 -0.018 100.392 -0.024
201512 -0.061 99.792 -0.081
201603 -0.063 100.470 -0.083
201606 -0.053 101.688 -0.069
201609 -0.071 101.861 -0.092
201612 -0.069 101.863 -0.089
201703 -0.093 102.862 -0.119
201706 -0.107 103.349 -0.136
201709 0.168 104.136 0.213
201712 -0.142 104.011 -0.180
201803 -0.130 105.290 -0.163
201806 -0.188 106.317 -0.233
201809 -0.163 106.507 -0.202
201812 -0.308 105.998 -0.383
201903 -0.195 107.251 -0.240
201906 -0.097 108.070 -0.118
201909 -0.354 108.329 -0.431
201912 -0.441 108.420 -0.536
202003 -0.327 108.902 -0.396
202006 -0.293 108.767 -0.355
202009 -0.314 109.815 -0.377
202012 -0.329 109.897 -0.395
202103 0.042 111.754 0.050
202106 -0.334 114.631 -0.384
202109 -0.309 115.734 -0.352
202112 -0.416 117.630 -0.466
202203 -0.300 121.301 -0.326
202206 -0.397 125.017 -0.418
202209 -0.414 125.227 -0.436
202212 -0.312 125.222 -0.328
202303 -0.243 127.348 -0.251
202306 -0.258 128.729 -0.264
202309 0.141 129.860 0.143
202312 -0.248 129.419 -0.253
202403 -0.175 131.776 -0.175

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


BeiGene  (STU:49B) 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.


BeiGene E10 Related Terms

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


BeiGene (STU:49B) Business Description

Address
c/o Mourant Governance Services (Cayman) Limited, 94 Solaris Avenue, Camana Bay, Grand Cayman, CYM, KY1-1108
BeiGene Ltd is a commercial-stage biotechnology company. It is engaged in the discovery and development of molecularly targeted and immuno-oncology drugs for the treatment of cancer. The company has developed a proprietary cancer biology platform that addresses the importance of tumor-immune system interactions and the value of primary biopsies in developing new models to support its drug discovery effort. It has developed clinical-stage drug candidates that inhibit the important oncology targets Bruton's tyrosine kinase, or BTK; RAF dimer protein complex and PARP family of proteins, and an immuno-oncology agent that inhibits the immune checkpoint protein receptor PD-1. Its geographical segments are China, the United States, and the Rest of the world.

BeiGene (STU:49B) Headlines

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