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TGEN (Tecogen) E10 : $-0.14 (As of Sep. 2024)


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What is Tecogen 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.

Tecogen's adjusted earnings per share data for the three months ended in Sep. 2024 was $-0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.14 for the trailing ten years ended in Sep. 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 (2024-12-14), Tecogen's current stock price is $1.72. Tecogen's E10 for the quarter that ended in Sep. 2024 was $-0.14. Tecogen's Shiller PE Ratio of today is .


Tecogen E10 Historical Data

The historical data trend for Tecogen'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.

Tecogen E10 Chart

Tecogen 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 - - -0.15 -0.16 -0.15

Tecogen 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 -0.14 -0.15 -0.15 -0.14 -0.14

Competitive Comparison of Tecogen's E10

For the Electrical Equipment & Parts subindustry, Tecogen'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.


Tecogen's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tecogen's Shiller PE Ratio distribution charts can be found below:

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



Tecogen 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, Tecogen'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)
=-0.04/133.0289*133.0289
=-0.040

Current CPI (Sep. 2024) = 133.0289.

Tecogen Quarterly Data

per share eps CPI Adj_EPS
201412 0.010 99.070 0.013
201503 -0.040 99.621 -0.053
201506 -0.020 100.684 -0.026
201509 -0.060 100.392 -0.080
201512 -0.040 99.792 -0.053
201603 -0.050 100.470 -0.066
201606 -0.020 101.688 -0.026
201609 0.010 101.861 0.013
201612 0.000 101.863 0.000
201703 0.002 102.862 0.003
201706 -0.010 103.349 -0.013
201709 0.001 104.136 0.001
201712 0.010 104.011 0.013
201803 0.001 105.290 0.001
201806 -0.030 106.317 -0.038
201809 -0.020 106.507 -0.025
201812 -0.180 105.998 -0.226
201903 -0.130 107.251 -0.161
201906 -0.010 108.070 -0.012
201909 -0.020 108.329 -0.025
201912 -0.020 108.420 -0.025
202003 -0.050 108.902 -0.061
202006 -0.030 108.767 -0.037
202009 -0.010 109.815 -0.012
202012 -0.160 109.897 -0.194
202103 0.070 111.754 0.083
202106 0.020 114.631 0.023
202109 0.060 115.734 0.069
202112 0.003 117.630 0.003
202203 0.004 121.301 0.004
202206 -0.030 125.017 -0.032
202209 -0.010 125.227 -0.011
202212 -0.060 125.222 -0.064
202303 -0.060 127.348 -0.063
202306 -0.030 128.729 -0.031
202309 -0.020 129.860 -0.020
202312 -0.070 129.419 -0.072
202403 -0.040 131.776 -0.040
202406 -0.060 132.554 -0.060
202409 -0.040 133.029 -0.040

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


Tecogen  (OTCPK:TGEN) 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.


Tecogen E10 Related Terms

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


Tecogen Business Description

Traded in Other Exchanges
Address
45 First Avenue, Waltham, MA, USA, 02451
Tecogen Inc, designs, manufactures, markets, and maintains high-efficiency, ultra-clean cogeneration products. It operates in three business segments, namely Products, Services, and Energy Production. Products segment designs, manufactures, and sells industrial and commercial cogeneration systems. The services segment provides operations and maintenance services and turn-key installation for products under long-term service contracts. The Energy Production segment sells energy in the form of electricity, heat, hot water, and cooling to the customers under long-term energy sales agreements.
Executives
Earl R Lewis director C/O NXSTAGE MEDICAL INC. (NXTM), 439 SOUTH UNION STREET, 5TH FLOOR, LAWRENCE MA 01843
John Hatsopoulos director, 10 percent owner, officer: Chief Executive Officer 85 FIRST AVENUE, WALTHAM MA 02451
Susan B Hirsch director 280 OLD SOMERSET ROAD, WATCHUNG NJ 07069
Abinand Rangesh director, officer: Chief Financial Officer 45 FIRST AVE, WALTHAM MA 02451
John M Albertine director 100 FEDERAL DRIVE, FREDERICKSBURG VA 22405
Pacheco Ann Marie Brown 10 percent owner, other: Trustee C/O TECOGEN INC., 45 FIRST AVE., WALTHAM MA 02451
Ralph Jenkins director 45 FIRST AVE, WALTHAM MA 02451
Fred Holubow director
Locke M. Benjamin officer: Co-CEO 45 FIRST AVE, WALTHAM MA 02451
Whiting John Kimball Iv officer: General Counsel & Secretary 49 L STREET, UNIT 9, BOSTON MA 02127
Deanna M Petersen director 45 FIRST AVENUE, WALTHAM MA 02451
Yiannis Monovoukas 10 percent owner TEI BIOSCIENCES, INC., 7 ELKINS STREET, BOSTON MA 02127
Charlest Maxwell director 6100 NORTH WESTERN AVE, OKLAHOMA CITY OK 73118
Keith Davidson director C/O TECOGEN INC., 45 FIRST AVE., WALTHAM MA 02451
David A Garrison officer: CFO, Treasurer and Secretary C/O ARRHYTHMIA RESEARCH TECHNOLOGY INC., 25 SAWYER PASSWAY, FITCHBURG MA 01420

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