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Seabridge Gold (STU:SRM) E10 : €-0.13 (As of Sep. 2024)


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What is Seabridge 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.

Seabridge Gold's adjusted earnings per share data for the three months ended in Sep. 2024 was €-0.206. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.13 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 10.40% per year. During the past 5 years, the average E10 Growth Rate was 5.10% per year. During the past 10 years, the average E10 Growth Rate was -6.40% 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 Seabridge Gold was 10.40% per year. The lowest was -33.90% per year. And the median was -13.60% per year.

As of today (2025-03-20), Seabridge Gold's current stock price is €10.98. Seabridge Gold's E10 for the quarter that ended in Sep. 2024 was €-0.13. Seabridge Gold's Shiller PE Ratio of today is .


Seabridge Gold E10 Historical Data

The historical data trend for Seabridge 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.

Seabridge Gold E10 Chart

Seabridge Gold 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 -0.19 -0.20 -0.17 -0.16 -0.16

Seabridge Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.15 -0.16 -0.16 -0.12 -0.13

Competitive Comparison of Seabridge Gold's E10

For the Gold subindustry, Seabridge 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.


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

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

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



Seabridge 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, Seabridge Gold's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.206/127.2847*127.2847
=-0.206

Current CPI (Sep. 2024) = 127.2847.

Seabridge Gold Quarterly Data

per share eps CPI Adj_EPS
201412 -0.056 98.367 -0.072
201503 -0.037 99.789 -0.047
201506 -0.022 100.500 -0.028
201509 -0.034 100.421 -0.043
201512 -0.033 99.947 -0.042
201603 -0.034 101.054 -0.043
201606 -0.028 102.002 -0.035
201609 -0.007 101.765 -0.009
201612 -0.036 101.449 -0.045
201703 -0.021 102.634 -0.026
201706 -0.020 103.029 -0.025
201709 -0.020 103.345 -0.025
201712 -0.060 103.345 -0.074
201803 -0.113 105.004 -0.137
201806 -0.026 105.557 -0.031
201809 -0.033 105.636 -0.040
201812 -0.046 105.399 -0.056
201903 -0.046 106.979 -0.055
201906 -0.020 107.690 -0.024
201909 -0.027 107.611 -0.032
201912 -0.034 107.769 -0.040
202003 -0.032 107.927 -0.038
202006 -0.039 108.401 -0.046
202009 0.045 108.164 0.053
202012 -0.128 108.559 -0.150
202103 -0.040 110.298 -0.046
202106 0.129 111.720 0.147
202109 -0.007 112.905 -0.008
202112 -0.076 113.774 -0.085
202203 -0.057 117.646 -0.062
202206 0.177 120.806 0.186
202209 0.045 120.648 0.047
202212 -0.215 120.964 -0.226
202303 -0.089 122.702 -0.092
202306 0.076 124.203 0.078
202309 -0.042 125.230 -0.043
202312 -0.178 125.072 -0.181
202403 -0.061 126.258 -0.061
202406 0.346 127.522 0.345
202409 -0.206 127.285 -0.206

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


Seabridge Gold  (STU:SRM) 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.


Seabridge Gold E10 Related Terms

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


Seabridge Gold Business Description

Traded in Other Exchanges
Address
106 Front Street East, Suite 400, Toronto, ON, CAN, M5A 1E1
Seabridge Gold Inc is a development stage company involved in the exploration, and development of gold properties sited in North America. The company's principal projects include the Kerr-Sulphurets-Mitchell property located in British Columbia, the Courageous Lake property located in the Northwest Territories, and Iksut Property located in northwestern British Columbia, and the 3 Aces Project in southeast Yukon. The company has various other mineral resource projects throughout North America.