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Inotiv (STU:BS50) E10 : €-2.03 (As of Mar. 2024)


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What is Inotiv 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.

Inotiv's adjusted earnings per share data for the three months ended in Mar. 2024 was €-1.711. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-2.03 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -99.30% per year. During the past 5 years, the average E10 Growth Rate was -44.40% per year. During the past 10 years, the average E10 Growth Rate was -8.20% 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 Inotiv was 24.20% per year. The lowest was -117.80% per year. And the median was -5.35% per year.

As of today (2024-05-24), Inotiv's current stock price is €1.82. Inotiv's E10 for the quarter that ended in Mar. 2024 was €-2.03. Inotiv's Shiller PE Ratio of today is .


Inotiv E10 Historical Data

The historical data trend for Inotiv'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.

Inotiv E10 Chart

Inotiv Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -1.86

Inotiv 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 -1.75 -1.80 -1.86 -1.84 -2.03

Competitive Comparison of Inotiv's E10

For the Diagnostics & Research subindustry, Inotiv'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.


Inotiv's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Inotiv's Shiller PE Ratio distribution charts can be found below:

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



Inotiv 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, Inotiv'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)
=-1.711/131.7762*131.7762
=-1.711

Current CPI (Mar. 2024) = 131.7762.

Inotiv Quarterly Data

per share eps CPI Adj_EPS
201406 0.015 100.560 0.020
201409 -0.039 100.428 -0.051
201412 0.008 99.070 0.011
201503 -0.009 99.621 -0.012
201506 0.143 100.684 0.187
201509 -0.080 100.392 -0.105
201512 -0.055 99.792 -0.073
201603 -0.027 100.470 -0.035
201606 -0.045 101.688 -0.058
201609 -0.223 101.861 -0.288
201612 0.002 101.863 0.003
201703 0.047 102.862 0.060
201706 0.027 103.349 0.034
201709 0.025 104.136 0.032
201712 0.002 104.011 0.003
201803 0.008 105.290 0.010
201806 -0.009 106.317 -0.011
201809 -0.017 106.507 -0.021
201812 -0.009 105.998 -0.011
201903 -0.053 107.251 -0.065
201906 -0.035 108.070 -0.043
201909 0.027 108.329 0.033
201912 -0.117 108.420 -0.142
202003 -0.045 108.902 -0.054
202006 -0.071 108.767 -0.086
202009 -0.136 109.815 -0.163
202012 -0.025 109.897 -0.030
202103 -0.050 111.754 -0.059
202106 0.141 114.631 0.162
202109 0.051 115.734 0.058
202112 -3.478 117.630 -3.896
202203 -0.218 121.301 -0.237
202206 -0.142 125.017 -0.150
202209 -9.635 125.227 -10.139
202212 -3.219 125.222 -3.387
202303 -0.364 127.348 -0.377
202306 0.065 128.729 0.067
202309 -0.356 129.860 -0.361
202312 -0.550 129.419 -0.560
202403 -1.711 131.776 -1.711

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


Inotiv  (STU:BS50) 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.


Inotiv E10 Related Terms

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


Inotiv (STU:BS50) Business Description

Traded in Other Exchanges
Address
2701 Kent Avenue, West Lafayette, IN, USA, 47906
Inotiv Inc is a pharmaceutical development company specializing in nonclinical and analytical drug discovery and development services to the pharmaceutical, chemical, and medical device industries. It operates in two segments; Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). Through the DSA segment, it supports the discovery, nonclinical development, and clinical development needs of researchers and clinicians for small molecule drug candidates, as well as biotherapeutics and biomedical devices. Through the RMS segment, it offers access to a wide range of small and large research models for basic research and drug discovery and development, as well as specialized models for specific diseases and therapeutic areas. It earns maximum revenue from RMS Segment.

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