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Orecap Invest (TSXV:OCI) E10 : C$-0.02 (As of Jan. 2024)


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What is Orecap Invest 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.

Orecap Invest's adjusted earnings per share data for the three months ended in Jan. 2024 was C$0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.02 for the trailing ten years ended in Jan. 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 (2024-06-13), Orecap Invest's current stock price is C$0.06. Orecap Invest's E10 for the quarter that ended in Jan. 2024 was C$-0.02. Orecap Invest's Shiller PE Ratio of today is .


Orecap Invest E10 Historical Data

The historical data trend for Orecap Invest'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.

Orecap Invest E10 Chart

Orecap Invest Annual Data
Trend Jul14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.02

Orecap Invest Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.04 -0.04 -0.03 -0.02 -0.02

Competitive Comparison of Orecap Invest's E10

For the Gold subindustry, Orecap Invest'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.


Orecap Invest's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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



Orecap Invest 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, Orecap Invest's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.02/125.0724*125.0724
=0.020

Current CPI (Jan. 2024) = 125.0724.

Orecap Invest Quarterly Data

per share eps CPI Adj_EPS
201401 0.000 97.261 0.000
201404 -0.010 98.920 -0.013
201407 0.000 99.315 0.000
201501 -0.004 98.209 -0.005
201504 -0.003 99.710 -0.004
201507 -0.002 100.579 -0.002
201510 -0.003 100.500 -0.004
201601 -0.002 100.184 -0.002
201604 -0.002 101.370 -0.002
201607 -0.002 101.844 -0.002
201610 -0.004 102.002 -0.005
201701 -0.002 102.318 -0.002
201704 -0.020 103.029 -0.024
201707 -0.003 103.029 -0.004
201710 -0.010 103.424 -0.012
201801 -0.010 104.056 -0.012
201804 -0.004 105.320 -0.005
201807 0.000 106.110 0.000
201810 -0.030 105.952 -0.035
201901 -0.002 105.557 -0.002
201904 -0.001 107.453 -0.001
201907 -0.004 108.243 -0.005
201910 0.000 107.927 0.000
202001 -0.010 108.085 -0.012
202004 -0.002 107.216 -0.002
202007 0.002 108.401 0.002
202010 -0.001 108.638 -0.001
202101 -0.002 109.192 -0.002
202104 0.003 110.851 0.003
202107 0.000 112.431 0.000
202110 0.002 113.695 0.002
202201 -0.010 114.801 -0.011
202204 0.000 118.357 0.000
202207 -0.002 120.964 -0.002
202210 0.000 121.517 0.000
202301 -0.003 121.596 -0.003
202304 -0.003 123.571 -0.003
202307 0.010 124.914 0.010
202310 -0.021 125.310 -0.021
202401 0.020 125.072 0.020

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


Orecap Invest  (TSXV:OCI) 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.


Orecap Invest E10 Related Terms

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


Orecap Invest (TSXV:OCI) Business Description

Traded in Other Exchanges
Address
55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7
Orecap Invest Corp, formerly Orefinders Resources Inc is a Canadian-based junior gold exploration company. It is engaged in the exploration and development of exploration and evaluation assets in Canada. The company operates in several projects including Mirado, McGarry, and Knight among others.

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