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Zortrax (WAR:ZRX) E10 : zł-0.07 (As of Dec. 2024)


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What is Zortrax 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.

Zortrax's adjusted earnings per share data for the three months ended in Dec. 2024 was zł-0.021. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-0.07 for the trailing ten years ended in Dec. 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 (2025-03-05), Zortrax's current stock price is zł0.0748. Zortrax's E10 for the quarter that ended in Dec. 2024 was zł-0.07. Zortrax's Shiller PE Ratio of today is .


Zortrax E10 Historical Data

The historical data trend for Zortrax'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.

Zortrax E10 Chart

Zortrax Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.07

Zortrax Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - -0.06 -0.06 -0.07 -0.07

Competitive Comparison of Zortrax's E10

For the Computer Hardware subindustry, Zortrax'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.


Zortrax's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Zortrax 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, Zortrax's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.021/154.6602*154.6602
=-0.021

Current CPI (Dec. 2024) = 154.6602.

Zortrax Quarterly Data

per share eps CPI Adj_EPS
201503 0.003 100.041 0.005
201506 -0.022 100.448 -0.034
201509 -0.018 99.634 -0.028
201512 -0.002 99.471 -0.003
201603 -0.001 98.983 -0.002
201606 0.004 99.552 0.006
201609 0.011 99.064 0.017
201612 -0.035 100.366 -0.054
201703 -0.016 101.018 -0.024
201706 -0.016 101.180 -0.024
201709 -0.004 101.343 -0.006
201712 0.035 102.564 0.053
201803 0.024 102.564 0.036
201806 0.006 103.378 0.009
201809 -0.027 103.378 -0.040
201812 0.014 103.785 0.021
201903 0.011 104.274 0.016
201906 -0.001 105.983 -0.001
201909 -0.032 105.983 -0.047
201912 -0.021 107.123 -0.030
202003 -0.025 109.076 -0.035
202006 -0.019 109.402 -0.027
202009 -0.012 109.320 -0.017
202012 -0.066 109.565 -0.093
202103 -0.002 112.658 -0.003
202106 -0.012 113.960 -0.016
202109 -0.031 115.588 -0.041
202112 -0.016 119.088 -0.021
202203 0.003 125.031 0.004
202206 -0.016 131.705 -0.019
202209 -0.036 135.531 -0.041
202212 -0.026 139.113 -0.029
202303 -0.032 145.950 -0.034
202306 -0.033 147.009 -0.035
202309 -0.033 146.113 -0.035
202312 -0.029 147.741 -0.030
202403 -0.036 149.044 -0.037
202406 -0.025 150.997 -0.026
202409 -0.006 153.439 -0.006
202412 -0.021 154.660 -0.021

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


Zortrax  (WAR:ZRX) 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.


Zortrax E10 Related Terms

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


Zortrax Business Description

Traded in Other Exchanges
N/A
Address
Lubelska 34, Olsztyn, POL, 10-409
Zortrax SA is a Polish developer of comprehensive 3D printing solutions. It is engaged in desktop 3D printers, dedicated filaments, Z-SUITE software, and additional devices to improve the printing process and post-processing.

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