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Tilray Brands (TSX:TLRY) E10 : C$-0.79 (As of Feb. 2024)


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What is Tilray Brands 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.

Tilray Brands's adjusted earnings per share data for the three months ended in Feb. 2024 was C$-0.162. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.79 for the trailing ten years ended in Feb. 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 (2024-05-01), Tilray Brands's current stock price is C$3.42. Tilray Brands's E10 for the quarter that ended in Feb. 2024 was C$-0.79. Tilray Brands's Shiller PE Ratio of today is .


Tilray Brands E10 Historical Data

The historical data trend for Tilray Brands'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.

Tilray Brands E10 Chart

Tilray Brands Annual Data
Trend Aug14 May15 May16 May17 May18 May19 May20 May21 May22 May23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.36 -0.73

Tilray Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.71 -0.73 -0.75 -0.76 -0.79

Competitive Comparison of Tilray Brands's E10

For the Drug Manufacturers - Specialty & Generic subindustry, Tilray Brands'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.


Tilray Brands's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tilray Brands's Shiller PE Ratio distribution charts can be found below:

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



Tilray Brands 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, Tilray Brands's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.162/125.4675*125.4675
=-0.162

Current CPI (Feb. 2024) = 125.4675.

Tilray Brands Quarterly Data

per share eps CPI Adj_EPS
201405 -0.020 99.394 -0.025
201408 -0.002 99.315 -0.003
201411 -0.002 99.078 -0.003
201502 -0.072 99.078 -0.091
201505 -0.001 100.263 -0.001
201508 -0.012 100.579 -0.015
201511 -0.012 100.421 -0.015
201602 0.000 100.421 0.000
201605 0.021 101.765 0.026
201608 0.012 101.686 0.015
201611 0.012 101.607 0.015
201702 0.047 102.476 0.058
201705 -0.038 103.108 -0.046
201708 0.119 103.108 0.145
201711 0.047 103.740 0.057
201802 0.094 104.688 0.113
201805 -0.062 105.399 -0.074
201808 0.108 106.031 0.128
201811 0.261 105.478 0.310
201902 -0.515 106.268 -0.608
201905 -0.083 107.927 -0.096
201908 0.083 108.085 0.096
201911 -0.036 107.769 -0.042
202002 0.024 108.559 0.028
202005 -0.415 107.532 -0.484
202008 -0.119 108.243 -0.138
202011 -0.536 108.796 -0.618
202102 -1.308 109.745 -1.495
202105 0.218 111.404 0.246
202108 -0.101 112.668 -0.112
202111 -0.001 113.932 -0.001
202202 0.114 115.986 0.123
202205 -1.157 120.016 -1.210
202208 -0.168 120.569 -0.175
202211 -0.148 121.675 -0.153
202302 -2.556 122.070 -2.627
202305 -0.203 124.045 -0.205
202308 -0.135 125.389 -0.135
202311 -0.096 125.468 -0.096
202402 -0.162 125.468 -0.162

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


Tilray Brands  (TSX:TLRY) 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.


Tilray Brands E10 Related Terms

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


Tilray Brands (TSX:TLRY) Business Description

Traded in Other Exchanges
Address
265 Talbot Street West, Leamington, ON, CAN, N8H 5L4
Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. U.S. exposure consists of CBD products and alcohol.