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Softchoice (STU:90Q) E10 : €0.63 (As of Mar. 2024)


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What is Softchoice 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.

Softchoice's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.018. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Softchoice's average E10 Growth Rate was -5.20% per year. During the past 3 years, the average E10 Growth Rate was -3.90% per year. During the past 5 years, the average E10 Growth Rate was 2.90% 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 Softchoice was 16.10% per year. The lowest was -4.30% per year. And the median was 3.70% per year.

As of today (2024-06-15), Softchoice's current stock price is €11.30. Softchoice's E10 for the quarter that ended in Mar. 2024 was €0.63. Softchoice's Shiller PE Ratio of today is 17.94.

During the past 13 years, the highest Shiller PE Ratio of Softchoice was 39.60. The lowest was 15.31. And the median was 19.11.


Softchoice E10 Historical Data

The historical data trend for Softchoice'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.

Softchoice E10 Chart

Softchoice Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.65

Softchoice Quarterly Data
Jun12 Sep12 Dec12 Mar13 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 - 0.60 0.67 0.65 0.63

Competitive Comparison of Softchoice's E10

For the Information Technology Services subindustry, Softchoice'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.


Softchoice's Shiller PE Ratio Distribution in the Software Industry

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

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



Softchoice 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, Softchoice'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)
=-0.018/126.2576*126.2576
=-0.018

Current CPI (Mar. 2024) = 126.2576.

Softchoice Quarterly Data

per share eps CPI Adj_EPS
200706 0.431 88.412 0.615
200709 0.122 88.412 0.174
200712 0.204 88.491 0.291
200803 0.064 88.965 0.091
200806 0.270 91.177 0.374
200809 -0.063 91.414 -0.087
200812 -0.925 89.518 -1.305
200903 -0.107 90.071 -0.150
200906 0.514 90.940 0.714
200909 0.192 90.624 0.267
200912 0.268 90.703 0.373
201003 0.162 91.335 0.224
201006 0.254 91.809 0.349
201009 0.084 92.362 0.115
201012 0.280 92.836 0.381
201103 0.185 94.338 0.248
201106 0.382 94.654 0.510
201109 -0.015 95.286 -0.020
201112 0.248 94.970 0.330
201203 0.196 96.155 0.257
201206 0.343 96.076 0.451
201209 0.217 96.392 0.284
201212 0.325 95.760 0.429
201303 0.177 97.103 0.230
202006 0.178 108.401 0.207
202009 -0.052 108.164 -0.061
202012 0.489 108.559 0.569
202103 -0.025 110.298 -0.029
202106 -0.249 111.720 -0.281
202109 -0.034 112.905 -0.038
202112 0.133 113.774 0.148
202203 0.054 117.646 0.058
202206 0.114 120.806 0.119
202209 -0.141 120.648 -0.148
202212 0.274 120.964 0.286
202303 0.075 122.702 0.077
202306 0.212 124.203 0.216
202309 0.131 125.230 0.132
202312 0.293 125.072 0.296
202403 -0.018 126.258 -0.018

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


Softchoice  (STU:90Q) 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.

Softchoice's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.30/0.63
=17.94

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Softchoice was 39.60. The lowest was 15.31. And the median was 19.11.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Softchoice E10 Related Terms

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


Softchoice (STU:90Q) Business Description

Traded in Other Exchanges
Address
173 Dufferin Street, Suite 200, Toronto, ON, CAN, M6K 3H7
Softchoice Corp is a technology service and solutions provider that equips organizations to be agile for their people to be engaged, connected and creative at work. The company designs, procures, implements and manages complex multi-vendor IT solutions that enable customers' digital transformations using a results-oriented engagement model that drives long-term relationships.

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