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Westshore Terminals Investment (TSX:WTE) E10 : C$2.03 (As of Dec. 2023)


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What is Westshore Terminals Investment 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.

Westshore Terminals Investment's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$2.03 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Westshore Terminals Investment's average E10 Growth Rate was 1.50% per year. During the past 3 years, the average E10 Growth Rate was 6.10% per year. During the past 5 years, the average E10 Growth Rate was 9.30% per year. During the past 10 years, the average E10 Growth Rate was 7.00% 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 Westshore Terminals Investment was 11.80% per year. The lowest was -1.00% per year. And the median was 6.10% per year.

As of today (2024-04-30), Westshore Terminals Investment's current stock price is C$26.23. Westshore Terminals Investment's E10 for the quarter that ended in Dec. 2023 was C$2.03. Westshore Terminals Investment's Shiller PE Ratio of today is 12.92.

During the past 13 years, the highest Shiller PE Ratio of Westshore Terminals Investment was 35.94. The lowest was 8.27. And the median was 16.02.


Westshore Terminals Investment E10 Historical Data

The historical data trend for Westshore Terminals Investment'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.

Westshore Terminals Investment E10 Chart

Westshore Terminals Investment 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 1.43 1.70 1.89 2.00 2.03

Westshore Terminals Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.00 2.03 2.03 2.05 2.03

Competitive Comparison of Westshore Terminals Investment's E10

For the Marine Shipping subindustry, Westshore Terminals Investment'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.


Westshore Terminals Investment's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westshore Terminals Investment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Westshore Terminals Investment's Shiller PE Ratio falls into.



Westshore Terminals Investment 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, Westshore Terminals Investment's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.35/125.4675*125.4675
=0.350

Current CPI (Dec. 2023) = 125.4675.

Westshore Terminals Investment Quarterly Data

per share eps CPI Adj_EPS
201403 0.370 98.604 0.471
201406 0.480 99.473 0.605
201409 0.590 99.394 0.745
201412 0.320 98.367 0.408
201503 0.430 99.789 0.541
201506 0.490 100.500 0.612
201509 0.440 100.421 0.550
201512 0.700 99.947 0.879
201603 0.430 101.054 0.534
201606 0.400 102.002 0.492
201609 0.350 101.765 0.432
201612 0.440 101.449 0.544
201703 0.190 102.634 0.232
201706 0.450 103.029 0.548
201709 0.510 103.345 0.619
201712 0.360 103.345 0.437
201803 0.320 105.004 0.382
201806 0.490 105.557 0.582
201809 0.500 105.636 0.594
201812 0.450 105.399 0.536
201903 0.410 106.979 0.481
201906 0.520 107.690 0.606
201909 0.610 107.611 0.711
201912 0.550 107.769 0.640
202003 0.440 107.927 0.512
202006 0.530 108.401 0.613
202009 0.500 108.164 0.580
202012 0.480 108.559 0.555
202103 0.470 110.298 0.535
202106 0.380 111.720 0.427
202109 0.450 112.905 0.500
202112 0.400 113.774 0.441
202203 0.410 117.646 0.437
202206 0.390 120.806 0.405
202209 0.240 120.648 0.250
202212 0.020 120.964 0.021
202303 0.530 122.702 0.542
202306 0.450 124.203 0.455
202309 0.530 125.230 0.531
202312 0.350 125.468 0.350

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


Westshore Terminals Investment  (TSX:WTE) 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.

Westshore Terminals Investment's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=26.23/2.03
=12.92

* 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 Westshore Terminals Investment was 35.94. The lowest was 8.27. And the median was 16.02.


Be Aware

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


Westshore Terminals Investment E10 Related Terms

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


Westshore Terminals Investment (TSX:WTE) Business Description

Traded in Other Exchanges
Address
1067 West Cordova Street, Suite 1800, Vancouver, BC, CAN, V6C 1C7
Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship. It is then shipped to multiple countries across the world, with the majority headed to Japan, Korea and China.

Westshore Terminals Investment (TSX:WTE) Headlines

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