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Amex Exploration (TSXV:AMX) E10 : C$-0.06 (As of Sep. 2024)


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What is Amex Exploration 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.

Amex Exploration's adjusted earnings per share data for the three months ended in Sep. 2024 was C$0.012. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.06 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 7.20% per year. During the past 5 years, the average E10 Growth Rate was 7.10% per year. During the past 10 years, the average E10 Growth Rate was 3.70% 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 Amex Exploration was 47.70% per year. The lowest was -2.90% per year. And the median was 16.10% per year.

As of today (2024-12-13), Amex Exploration's current stock price is C$1.11. Amex Exploration's E10 for the quarter that ended in Sep. 2024 was C$-0.06. Amex Exploration's Shiller PE Ratio of today is .


Amex Exploration E10 Historical Data

The historical data trend for Amex Exploration'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.

Amex Exploration E10 Chart

Amex Exploration 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 -0.12 -0.10 -0.09 -0.09 -0.08

Amex Exploration 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 -0.08 -0.08 -0.07 -0.07 -0.06

Competitive Comparison of Amex Exploration's E10

For the Gold subindustry, Amex Exploration'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.


Amex Exploration's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Amex Exploration's Shiller PE Ratio falls into.



Amex Exploration 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, Amex Exploration'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)
=0.012/127.2847*127.2847
=0.012

Current CPI (Sep. 2024) = 127.2847.

Amex Exploration Quarterly Data

per share eps CPI Adj_EPS
201412 -0.230 98.367 -0.298
201503 -0.005 99.789 -0.006
201506 -0.005 100.500 -0.006
201509 -0.005 100.421 -0.006
201512 -0.005 99.947 -0.006
201603 0.000 101.054 0.000
201606 -0.001 102.002 -0.001
201609 0.000 101.765 0.000
201612 -0.006 101.449 -0.008
201703 -0.012 102.634 -0.015
201706 -0.014 103.029 -0.017
201709 0.000 103.345 0.000
201712 0.004 103.345 0.005
201803 0.002 105.004 0.002
201806 -0.001 105.557 -0.001
201809 -0.002 105.636 -0.002
201812 -0.049 105.399 -0.059
201903 -0.055 106.979 -0.065
201906 -0.007 107.690 -0.008
201909 -0.011 107.611 -0.013
201912 -0.001 107.769 -0.001
202003 0.001 107.927 0.001
202006 0.001 108.401 0.001
202009 0.005 108.164 0.006
202012 -0.031 108.559 -0.036
202103 0.023 110.298 0.027
202106 0.035 111.720 0.040
202109 0.005 112.905 0.006
202112 -0.079 113.774 -0.088
202203 0.010 117.646 0.011
202206 0.027 120.806 0.028
202209 0.023 120.648 0.024
202212 -0.059 120.964 -0.062
202303 0.007 122.702 0.007
202306 0.009 124.203 0.009
202309 0.011 125.230 0.011
202312 -0.020 125.072 -0.020
202403 0.004 126.258 0.004
202406 0.014 127.522 0.014
202409 0.012 127.285 0.012

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


Amex Exploration  (TSXV:AMX) 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.


Amex Exploration E10 Related Terms

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


Amex Exploration Business Description

Traded in Other Exchanges
Address
410 St-Nicolas Street, Suite 236, Montreal, QC, CAN, H2Y 2P5
Amex Exploration Inc is a mining exploration company focused on developing high-grade gold ounces from the Perron Gold Project, located approximately 110 kilometers north of Rouyn-Noranda, Quebec. Its Eldorado Gold has strategically invested in Amex by acquiring a significant stake, drawn by the high quality and grade of the Perron project. The project is well-serviced by existing infrastructure, on a year-round road, from an airport, and outside the town of Normetal. The open pit and underground stope operations contain approximately 594,100 measured and indicated ounces at an average grade of around 4.28 g/t Au, along with approximately 1,049,650 inferred ounces at a grade of around 3.80 g/t Au.
Executives
André Shareck Director
Victor Cantore Director, Senior Officer
2176423 Ontario Ltd. 10% Security Holder
Eric Sprott 10% Security Holder
Pierre Carrier Director, Senior Officer
Jacques Trottier Director, Senior Officer