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Clairvest Group (TSX:CVG) E10 : C$7.83 (As of Dec. 2024)


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What is Clairvest Group 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.

Clairvest Group's adjusted earnings per share data for the three months ended in Dec. 2024 was C$2.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$7.83 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Clairvest Group's average E10 Growth Rate was 10.00% per year. During the past 3 years, the average E10 Growth Rate was 15.70% per year. During the past 5 years, the average E10 Growth Rate was 17.70% per year. During the past 10 years, the average E10 Growth Rate was 18.90% 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 Clairvest Group was 24.80% per year. The lowest was 5.80% per year. And the median was 15.30% per year.

As of today (2025-03-16), Clairvest Group's current stock price is C$68.27. Clairvest Group's E10 for the quarter that ended in Dec. 2024 was C$7.83. Clairvest Group's Shiller PE Ratio of today is 8.72.

During the past 13 years, the highest Shiller PE Ratio of Clairvest Group was 19.42. The lowest was 7.74. And the median was 12.92.


Clairvest Group E10 Historical Data

The historical data trend for Clairvest Group'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.

Clairvest Group E10 Chart

Clairvest Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.09 4.74 7.11 7.47 7.34

Clairvest Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 7.12 7.34 7.50 7.53 7.83

Competitive Comparison of Clairvest Group's E10

For the Asset Management subindustry, Clairvest Group'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.


Clairvest Group's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Clairvest Group's Shiller PE Ratio distribution charts can be found below:

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



Clairvest Group 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, Clairvest Group's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.7/127.3637*127.3637
=2.700

Current CPI (Dec. 2024) = 127.3637.

Clairvest Group Quarterly Data

per share eps CPI Adj_EPS
201503 1.250 99.789 1.595
201506 0.520 100.500 0.659
201509 0.190 100.421 0.241
201512 0.780 99.947 0.994
201603 1.130 101.054 1.424
201606 0.760 102.002 0.949
201609 0.690 101.765 0.864
201612 2.030 101.449 2.549
201703 1.130 102.634 1.402
201706 -0.760 103.029 -0.940
201709 2.800 103.345 3.451
201712 4.880 103.345 6.014
201803 1.230 105.004 1.492
201806 3.600 105.557 4.344
201809 0.880 105.636 1.061
201812 1.590 105.399 1.921
201903 1.800 106.979 2.143
201906 0.390 107.690 0.461
201909 1.030 107.611 1.219
201912 4.830 107.769 5.708
202003 -1.654 107.927 -1.952
202006 4.270 108.401 5.017
202009 -1.610 108.164 -1.896
202012 3.320 108.559 3.895
202103 0.980 110.298 1.132
202106 1.210 111.720 1.379
202109 1.890 112.905 2.132
202112 5.080 113.774 5.687
202203 13.750 117.646 14.886
202206 -0.750 120.806 -0.791
202209 2.660 120.648 2.808
202212 2.490 120.964 2.622
202303 -0.920 122.702 -0.955
202306 1.300 124.203 1.333
202309 -2.930 125.230 -2.980
202312 -0.340 125.072 -0.346
202403 1.740 126.258 1.755
202406 1.630 127.522 1.628
202409 2.680 127.285 2.682
202412 2.700 127.364 2.700

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


Clairvest Group  (TSX:CVG) 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.

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

Shiller PE Ratio=Share Price/E10
=68.27/7.83
=8.72

* 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 Clairvest Group was 19.42. The lowest was 7.74. And the median was 12.92.


Be Aware

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


Clairvest Group E10 Related Terms

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


Clairvest Group Business Description

Traded in Other Exchanges
Address
22 St. Clair Avenue East, Suite 1700, Toronto, ON, CAN, M4T 2S3
Clairvest Group Inc is a Canadian private equity investment firm. The company invests in and partners with the management teams of businesses that have the potential to create average returns in their respective industries. It contributes financing and strategic expertise to support the growth and development of its investee companies to create realizable value for all shareholders. It invests its capital into entrepreneurial corporations.
Executives
James Miller Senior Officer
Daniel Cheng Senior Officer
Robert Isenberg Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
G. R. Heffernan & Associates Ltd. 10% Security Holder
John Robert Barnett Director
Michael David Bregman Director
Angus Cole Senior Officer
Kenneth Brice Rotman Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Douglas Horn Senior Officer
John Krediet Director
Sebastien Dhonte Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Clairvest Group Headlines

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