GURUFOCUS.COM » STOCK LIST » Technology » Software » Airiq Inc (TSXV:IQ) » Definitions » E10

Airiq (TSXV:IQ) E10 : C$0.04 (As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Airiq 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.

Airiq's adjusted earnings per share data for the three months ended in Sep. 2024 was C$0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.04 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Airiq's average E10 Growth Rate was 33.30% 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 Airiq was 29.60% per year. The lowest was 5.90% per year. And the median was 15.75% per year.

As of today (2024-12-13), Airiq's current stock price is C$0.405. Airiq's E10 for the quarter that ended in Sep. 2024 was C$0.04. Airiq's Shiller PE Ratio of today is 10.13.

During the past 13 years, the highest Shiller PE Ratio of Airiq was 35.00. The lowest was 8.83. And the median was 13.00.


Airiq E10 Historical Data

The historical data trend for Airiq'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.

Airiq E10 Chart

Airiq 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 - - 0.01 0.03 0.04

Airiq 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 0.03 0.04 0.04 0.04 0.04

Competitive Comparison of Airiq's E10

For the Software - Application subindustry, Airiq'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.


Airiq's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Airiq's Shiller PE Ratio distribution charts can be found below:

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



Airiq 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, Airiq'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)
=0.001/127.2847*127.2847
=0.001

Current CPI (Sep. 2024) = 127.2847.

Airiq Quarterly Data

per share eps CPI Adj_EPS
201412 0.002 98.367 0.003
201503 0.005 99.789 0.006
201506 0.003 100.500 0.004
201509 0.010 100.421 0.013
201512 0.004 99.947 0.005
201603 0.000 101.054 0.000
201606 0.002 102.002 0.002
201609 0.003 101.765 0.004
201612 0.004 101.449 0.005
201703 0.000 102.634 0.000
201706 0.002 103.029 0.002
201709 0.001 103.345 0.001
201712 0.003 103.345 0.004
201803 0.000 105.004 0.000
201806 0.003 105.557 0.004
201809 0.010 105.636 0.012
201812 0.001 105.399 0.001
201903 0.000 106.979 0.000
201906 0.010 107.690 0.012
201909 0.008 107.611 0.009
201912 0.010 107.769 0.012
202003 0.000 107.927 0.000
202006 0.010 108.401 0.012
202009 0.005 108.164 0.006
202012 0.002 108.559 0.002
202103 0.000 110.298 0.000
202106 0.010 111.720 0.011
202109 0.007 112.905 0.008
202112 0.010 113.774 0.011
202203 -0.010 117.646 -0.011
202206 0.010 120.806 0.011
202209 0.010 120.648 0.011
202212 0.010 120.964 0.011
202303 0.100 122.702 0.104
202306 0.010 124.203 0.010
202309 0.010 125.230 0.010
202312 0.010 125.072 0.010
202403 0.010 126.258 0.010
202406 0.003 127.522 0.003
202409 0.001 127.285 0.001

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


Airiq  (TSXV:IQ) 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.

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

Shiller PE Ratio=Share Price/E10
=0.405/0.04
=10.13

* 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 Airiq was 35.00. The lowest was 8.83. And the median was 13.00.


Be Aware

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


Airiq E10 Related Terms

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


Airiq Business Description

Traded in Other Exchanges
Address
1099 Kingstone Road, Suite 207, Pickering, ON, CAN, L1V 1B5
Airiq Inc is a pioneer in IoT-based asset management solutions. The company solutions allow commercial businesses to reliably, effectively, and efficiently monitor assets in near real-time. The company develops iOS and Android mobile and web-based applications, and cloud-based solutions that are standalone or that can be readily integrated with existing software. The company solutions are mixed fleet capable and provide fleet reporting, maintenance, compliance, safety, and analytics utilizing multiple hardware options including a fully integrated video telematics camera solution and a battery-powered solution for non-powered assets.
Executives
Bora Kwak Senior Officer
Vernon Lobo Director, Director or Senior Officer of 10% Security Holder
Geoffrey Rotstein Director
Michael Robb Director, Senior Officer
Gabriel Bouchard-phillips Director
Vecima Networks Inc. 10% Security Holder