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Taseko Mines (TSX:TKO) E10 : C$-0.07 (As of Mar. 2024)


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What is Taseko Mines 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.

Taseko Mines's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.07 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 12.60% 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 Taseko Mines was 50.40% per year. The lowest was -91.30% per year. And the median was 0.20% per year.

As of today (2024-05-14), Taseko Mines's current stock price is C$3.73. Taseko Mines's E10 for the quarter that ended in Mar. 2024 was C$-0.07. Taseko Mines's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Taseko Mines was 90.00. The lowest was 2.85. And the median was 25.96.


Taseko Mines E10 Historical Data

The historical data trend for Taseko Mines'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.

Taseko Mines E10 Chart

Taseko Mines 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 -0.02 -0.12 -0.13 -0.14 -0.08

Taseko Mines 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 -0.12 -0.11 -0.11 -0.08 -0.07

Competitive Comparison of Taseko Mines's E10

For the Copper subindustry, Taseko Mines'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.


Taseko Mines's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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



Taseko Mines 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, Taseko Mines'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)
=0.06/125.4675*125.4675
=0.060

Current CPI (Mar. 2024) = 125.4675.

Taseko Mines Quarterly Data

per share eps CPI Adj_EPS
201406 0.010 99.473 0.013
201409 -0.110 99.394 -0.139
201412 -0.130 98.367 -0.166
201503 -0.110 99.789 -0.138
201506 0.020 100.500 0.025
201509 -0.080 100.421 -0.100
201512 -0.100 99.947 -0.126
201603 -0.010 101.054 -0.012
201606 -0.090 102.002 -0.111
201609 -0.070 101.765 -0.086
201612 0.020 101.449 0.025
201703 0.070 102.634 0.086
201706 0.020 103.029 0.024
201709 0.090 103.345 0.109
201712 -0.040 103.345 -0.049
201803 -0.080 105.004 -0.096
201806 -0.020 105.557 -0.024
201809 0.030 105.636 0.036
201812 -0.090 105.399 -0.107
201903 -0.030 106.979 -0.035
201906 -0.040 107.690 -0.047
201909 -0.100 107.611 -0.117
201912 -0.040 107.769 -0.047
202003 -0.200 107.927 -0.233
202006 0.080 108.401 0.093
202009 0.004 108.164 0.005
202012 0.030 108.559 0.035
202103 -0.040 110.298 -0.046
202106 0.050 111.720 0.056
202109 0.080 112.905 0.089
202112 0.040 113.774 0.044
202203 0.020 117.646 0.021
202206 -0.020 120.806 -0.021
202209 -0.080 120.648 -0.083
202212 -0.010 120.964 -0.010
202303 0.110 122.702 0.112
202306 0.030 124.203 0.030
202309 0.003 125.230 0.003
202312 0.230 125.468 0.230
202403 0.060 125.468 0.060

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


Taseko Mines  (TSX:TKO) 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 Taseko Mines was 90.00. The lowest was 2.85. And the median was 25.96.


Be Aware

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


Taseko Mines E10 Related Terms

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


Taseko Mines (TSX:TKO) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 12th Floor, Vancouver, BC, CAN, V6E 4H1
Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.
Executives
Anu Dhir Director
Bryce Hamming Senior Officer
Stuart David Mcdonald Senior Officer
Brian Lee Bergot Senior Officer