GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tudor Gold Corp (TSXV:TUD) » Definitions » E10

Tudor Gold (TSXV:TUD) E10 : C$-0.05 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Tudor Gold 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.

Tudor Gold's adjusted earnings per share data for the three months ended in Dec. 2023 was C$-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.05 for the trailing ten years ended in Dec. 2023.

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 (2024-04-30), Tudor Gold's current stock price is C$0.83. Tudor Gold's E10 for the quarter that ended in Dec. 2023 was C$-0.05. Tudor Gold's Shiller PE Ratio of today is .


Tudor Gold E10 Historical Data

The historical data trend for Tudor Gold'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.

Tudor Gold E10 Chart

Tudor Gold Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.05 -0.05 -0.05 -

Tudor Gold 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 -0.05 - -0.05 -0.05 -0.05

Competitive Comparison of Tudor Gold's E10

For the Gold subindustry, Tudor Gold'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.


Tudor Gold's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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



Tudor Gold 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, Tudor Gold'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)
=-0.01/125.4675*125.4675
=-0.010

Current CPI (Dec. 2023) = 125.4675.

Tudor Gold Quarterly Data

per share eps CPI Adj_EPS
201403 0.000 98.604 0.000
201406 -0.004 99.473 -0.005
201409 -0.010 99.394 -0.013
201412 -0.002 98.367 -0.003
201503 -0.010 99.789 -0.013
201506 -0.003 100.500 -0.004
201509 -0.002 100.421 -0.002
201512 -0.002 99.947 -0.003
201603 -0.040 101.054 -0.050
201606 -0.020 102.002 -0.025
201609 -0.003 101.765 -0.004
201612 -0.002 101.449 -0.002
201703 0.000 102.634 0.000
201706 -0.003 103.029 -0.004
201709 -0.003 103.345 -0.004
201712 -0.010 103.345 -0.012
201803 -0.040 105.004 -0.048
201806 -0.010 105.557 -0.012
201809 -0.003 105.636 -0.004
201812 -0.002 105.399 -0.002
201903 -0.020 106.979 -0.023
201906 -0.010 107.690 -0.012
201909 -0.010 107.611 -0.012
201912 -0.004 107.769 -0.005
202003 -0.010 107.927 -0.012
202006 -0.010 108.401 -0.012
202009 -0.030 108.164 -0.035
202012 -0.001 108.559 -0.001
202103 -0.030 110.298 -0.034
202106 -0.030 111.720 -0.034
202109 -0.005 112.905 -0.006
202112 -0.002 113.774 -0.002
202203 -0.020 117.646 -0.021
202206 -0.020 120.806 -0.021
202209 -0.010 120.648 -0.010
202212 0.010 120.964 0.010
202303 0.000 122.702 0.000
202306 -0.010 124.203 -0.010
202309 -0.020 125.230 -0.020
202312 -0.010 125.468 -0.010

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


Tudor Gold  (TSXV:TUD) 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.


Tudor Gold E10 Related Terms

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


Tudor Gold (TSXV:TUD) Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 789, Vancouver, BC, CAN, V6C 2W2
Tudor Gold Corp is a precious and base metals explorer with properties in British Columbia’s Golden Triangle, an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectares Treaty Creek project (in which Tudor Gold has a 60% interest) borders Seabridge Gold Inc.’s KSM property to the southwest and borders Pretium Resources Inc.’s Brucejack property to the southeast. The Company also has a 60% interest in the Electrum Project, earn in options and 100% interests in other prospective projects located in the Golden Triangle area.

Tudor Gold (TSXV:TUD) Headlines

No Headlines