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T2 Metals (TSXV:TWO) E10 : C$-0.18 (As of Oct. 2024)


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What is T2 Metals 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.

T2 Metals's adjusted earnings per share data for the three months ended in Oct. 2024 was C$-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.18 for the trailing ten years ended in Oct. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of T2 Metals was 43.80% per year. The lowest was -7.20% per year. And the median was 9.80% per year.

As of today (2025-03-23), T2 Metals's current stock price is C$0.185. T2 Metals's E10 for the quarter that ended in Oct. 2024 was C$-0.18. T2 Metals's Shiller PE Ratio of today is .


T2 Metals E10 Historical Data

The historical data trend for T2 Metals'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.

T2 Metals E10 Chart

T2 Metals Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.18 -0.93 -0.68 -0.21 -

T2 Metals Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 - -0.21 - -0.19 -0.18

Competitive Comparison of T2 Metals's E10

For the Copper subindustry, T2 Metals'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.


T2 Metals's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, T2 Metals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where T2 Metals's Shiller PE Ratio falls into.



T2 Metals 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, T2 Metals's adjusted earnings per share data for the three months ended in Oct. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=-0.02/127.8378*127.8378
=-0.020

Current CPI (Oct. 2024) = 127.8378.

T2 Metals Quarterly Data

per share eps CPI Adj_EPS
201501 -0.047 98.209 -0.061
201504 -0.100 99.710 -0.128
201507 -0.100 100.579 -0.127
201510 -0.100 100.500 -0.127
201601 -0.067 100.184 -0.085
201604 -0.070 101.370 -0.088
201607 -0.100 101.844 -0.126
201610 -0.040 102.002 -0.050
201701 -0.020 102.318 -0.025
201704 -0.490 103.029 -0.608
201707 -0.001 103.029 -0.001
201710 -0.010 103.424 -0.012
201801 -0.010 104.056 -0.012
201804 -0.004 105.320 -0.005
201807 -0.004 106.110 -0.005
201810 0.080 105.952 0.097
201901 -0.020 105.557 -0.024
201904 0.000 107.453 0.000
201907 -0.020 108.243 -0.024
201910 -0.010 107.927 -0.012
202001 -0.010 108.085 -0.012
202004 -0.010 107.216 -0.012
202007 -0.010 108.401 -0.012
202010 -0.020 108.638 -0.024
202101 -0.010 109.192 -0.012
202104 -0.020 110.851 -0.023
202107 -0.010 112.431 -0.011
202110 -0.010 113.695 -0.011
202201 -0.030 114.801 -0.033
202204 -0.010 118.357 -0.011
202207 -0.005 120.964 -0.005
202210 -0.010 121.517 -0.011
202301 -0.010 121.596 -0.011
202304 -0.010 123.571 -0.010
202307 -0.003 124.914 -0.003
202310 0.000 125.310 0.000
202401 -0.003 125.072 -0.003
202404 0.000 126.890 0.000
202407 -0.004 128.075 -0.004
202410 -0.020 127.838 -0.020

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


T2 Metals  (TSXV:TWO) 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.


T2 Metals E10 Related Terms

Thank you for viewing the detailed overview of T2 Metals's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


T2 Metals Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
T2 Metals Corp is a junior resource company engaged in the acquisition and exploration of unproven mineral and material interests in North America. The group focus is on copper in North America. Its projects are Cora-Arizona, Copper Eagle (Nevada)-Cu, Au, Lida-Nevada, and Sherridon-Manitoba.
Executives
Mark Stephen Saxon Director, Senior Officer
Martin Hoff Director
Nick Demare Director, Senior Officer
Dusan Berka Director