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Ceres Global Ag (TSX:CRP) E10 : C$-0.19 (As of Sep. 2024)


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What is Ceres Global Ag 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.

Ceres Global Ag's adjusted earnings per share data for the three months ended in Sep. 2024 was C$0.081. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.19 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 20.00% 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 Ceres Global Ag was 20.00% per year. The lowest was -20.50% per year. And the median was -19.80% per year.

As of today (2024-12-12), Ceres Global Ag's current stock price is C$3.04. Ceres Global Ag's E10 for the quarter that ended in Sep. 2024 was C$-0.19. Ceres Global Ag's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Ceres Global Ag was 121.00. The lowest was 19.80. And the median was 59.60.


Ceres Global Ag E10 Historical Data

The historical data trend for Ceres Global Ag'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.

Ceres Global Ag E10 Chart

Ceres Global Ag Annual Data
Trend Mar15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -0.43 -0.47 -0.42 -0.22

Ceres Global Ag 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 -0.34 -0.22 -0.20 -0.22 -0.19

Competitive Comparison of Ceres Global Ag's E10

For the Food Distribution subindustry, Ceres Global Ag'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.


Ceres Global Ag's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ceres Global Ag's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ceres Global Ag's Shiller PE Ratio falls into.



Ceres Global Ag 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, Ceres Global Ag'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)
=0.081/133.0289*133.0289
=0.081

Current CPI (Sep. 2024) = 133.0289.

Ceres Global Ag Quarterly Data

per share eps CPI Adj_EPS
201409 0.128 100.428 0.170
201412 0.129 99.070 0.173
201503 -0.129 99.621 -0.172
201506 -0.060 100.684 -0.079
201509 0.004 100.392 0.005
201512 -0.494 99.792 -0.659
201603 0.041 100.470 0.054
201609 -0.066 101.861 -0.086
201612 -0.013 101.863 -0.017
201703 -0.388 102.862 -0.502
201706 -0.199 103.349 -0.256
201709 -0.037 104.136 -0.047
201712 0.013 104.011 0.017
201803 -0.078 105.290 -0.099
201806 0.092 106.317 0.115
201809 -0.391 106.507 -0.488
201812 -0.242 105.998 -0.304
201903 -0.053 107.251 -0.066
201906 -0.093 108.070 -0.114
201909 0.079 108.329 0.097
201912 0.092 108.420 0.113
202003 -0.014 108.902 -0.017
202006 0.014 108.767 0.017
202009 -0.040 109.815 -0.048
202012 0.051 109.897 0.062
202103 -0.003 111.754 -0.004
202106 0.440 114.631 0.511
202109 0.342 115.734 0.393
202112 0.154 117.630 0.174
202203 0.038 121.301 0.042
202206 -0.947 125.017 -1.008
202209 -0.160 125.227 -0.170
202212 -0.054 125.222 -0.057
202303 -0.027 127.348 -0.028
202306 -0.106 128.729 -0.110
202309 0.257 129.860 0.263
202312 0.107 129.419 0.110
202403 0.041 131.776 0.041
202406 -0.027 132.554 -0.027
202409 0.081 133.029 0.081

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


Ceres Global Ag  (TSX:CRP) 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.

During the past 13 years, the highest Shiller P/E Ratio of Ceres Global Ag was 121.00. The lowest was 19.80. And the median was 59.60.


Be Aware

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


Ceres Global Ag E10 Related Terms

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


Ceres Global Ag Business Description

Traded in Other Exchanges
Address
701 Xenia Avenue S., Suite 400, Golden Valley, MN, USA, 55416
Ceres Global Ag Corp is engaged in the agricultural, energy, and industrial supply chains through sourcing, storing, transporting, and marketing of commodity-based products and raw materials. The company has three operating segments. The segments of the company are Grain, Supply Chain Services, Seed Retail and Processing, and Corporate segment. The Grain segment, which is the key revenue driver, is engaged in grain procurement and merchandising of specialty grains and oilseeds such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses.
Executives
Jacob Jess Bierley Senior Officer
Patrick Donnell Noone Director or Senior Officer of 10% Security Holder
James Thomas Vanasek Director, Director or Senior Officer of 10% Security Holder
Llc Vn Capital Management 10% Security Holder
Robert William Day Senior Officer
Glen Marshall Goldman Senior Officer
Gary Mize Director

Ceres Global Ag Headlines

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