GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Birchtech Corp (TSXV:BCHT) » Definitions » E10

Birchtech (TSXV:BCHT) E10 : C$-0.16 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Birchtech 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.

Birchtech's adjusted earnings per share data for the three months ended in Sep. 2024 was C$0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.16 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 8.00% 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 Birchtech was 86.70% per year. The lowest was -2.30% per year. And the median was 3.95% per year.

As of today (2024-12-13), Birchtech's current stock price is C$0.93. Birchtech's E10 for the quarter that ended in Sep. 2024 was C$-0.16. Birchtech's Shiller PE Ratio of today is .


Birchtech E10 Historical Data

The historical data trend for Birchtech'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.

Birchtech E10 Chart

Birchtech 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 - - - - -0.18

Birchtech 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 -0.20 -0.18 -0.17 -0.18 -0.16

Competitive Comparison of Birchtech's E10

For the Pollution & Treatment Controls subindustry, Birchtech'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.


Birchtech's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Birchtech's Shiller PE Ratio distribution charts can be found below:

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



Birchtech 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, Birchtech'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)
=0/133.0289*133.0289
=0.000

Current CPI (Sep. 2024) = 133.0289.

Birchtech Quarterly Data

per share eps CPI Adj_EPS
201412 0.046 99.070 0.062
201503 -0.202 99.621 -0.270
201506 0.012 100.684 0.016
201509 -0.027 100.392 -0.036
201512 -0.206 99.792 -0.275
201603 0.026 100.470 0.034
201606 -0.219 101.688 -0.286
201609 -0.249 101.861 -0.325
201612 0.040 101.863 0.052
201703 -0.027 102.862 -0.035
201706 0.000 103.349 0.000
201709 0.012 104.136 0.015
201712 -0.026 104.011 -0.033
201803 -0.039 105.290 -0.049
201806 -0.026 106.317 -0.033
201809 -0.013 106.507 -0.016
201812 0.000 105.998 0.000
201903 -0.019 107.251 -0.024
201906 -0.053 108.070 -0.065
201909 -0.013 108.329 -0.016
201912 -0.026 108.420 -0.032
202003 -0.028 108.902 -0.034
202006 -0.014 108.767 -0.017
202009 -0.013 109.815 -0.016
202012 -0.026 109.897 -0.031
202103 -0.013 111.754 -0.015
202106 -0.024 114.631 -0.028
202109 -0.003 115.734 -0.003
202112 -0.013 117.630 -0.015
202203 -0.013 121.301 -0.014
202206 -0.005 125.017 -0.005
202209 0.013 125.227 0.014
202212 -0.014 125.222 -0.015
202303 -0.027 127.348 -0.028
202306 -0.013 128.729 -0.013
202309 -0.014 129.860 -0.014
202312 0.121 129.419 0.124
202403 -0.041 131.776 -0.041
202406 -0.096 132.554 -0.096
202409 0.000 133.029 0.000

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


Birchtech  (TSXV:BCHT) 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.


Birchtech E10 Related Terms

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


Birchtech Business Description

Traded in Other Exchanges
Address
1810 Jester Drive, Corsicana, TX, USA, 75109
Birchtech Corp is an environmental technology firm that promotes cleaner water and air with effective, affordable, and sustainable business solutions. The Company's ME2C Environmental division has provided patented SEA sorbent technologies for mercury emissions capture to the coal-fired utility sector. Its WE2C Environmental is focused on developing new, disruptive technologies for PFAS/PFOS removal from potable (drinking) water.