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3D Systems (WBO:DDD) E10 : €-1.17 (As of Dec. 2023)


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What is 3D Systems 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.

3D Systems's adjusted earnings per share data for the three months ended in Dec. 2023 was €-2.109. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.17 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -14.90% per year. During the past 5 years, the average E10 Growth Rate was -14.10% 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 3D Systems was 48.90% per year. The lowest was -71.00% per year. And the median was -12.65% per year.

As of today (2024-05-15), 3D Systems's current stock price is €3.808. 3D Systems's E10 for the quarter that ended in Dec. 2023 was €-1.17. 3D Systems's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of 3D Systems was 1617.33. The lowest was 135.22. And the median was 374.73.


3D Systems E10 Historical Data

The historical data trend for 3D Systems'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.

3D Systems E10 Chart

3D Systems 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 -0.59 -0.65 -0.57 -0.78 -1.17

3D Systems 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 -0.78 -0.83 -0.87 -0.91 -1.17

Competitive Comparison of 3D Systems's E10

For the Computer Hardware subindustry, 3D Systems'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.


3D Systems's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, 3D Systems's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where 3D Systems's Shiller PE Ratio falls into.



3D Systems 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, 3D Systems'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)
=-2.109/129.4194*129.4194
=-2.109

Current CPI (Dec. 2023) = 129.4194.

3D Systems Quarterly Data

per share eps CPI Adj_EPS
201403 0.036 99.695 0.047
201406 0.015 100.560 0.019
201409 0.023 100.428 0.030
201412 0.016 99.070 0.021
201503 -0.111 99.621 -0.144
201506 -0.107 100.684 -0.138
201509 -0.258 100.392 -0.333
201512 -4.884 99.792 -6.334
201603 -0.144 100.470 -0.185
201606 -0.036 101.688 -0.046
201609 -0.169 101.861 -0.215
201612 0.047 101.863 0.060
201703 -0.084 102.862 -0.106
201706 -0.071 103.349 -0.089
201709 -0.285 104.136 -0.354
201712 -0.068 104.011 -0.085
201803 -0.154 105.290 -0.189
201806 -0.068 106.317 -0.083
201809 -0.086 106.507 -0.105
201812 -0.035 105.998 -0.043
201903 -0.195 107.251 -0.235
201906 -0.186 108.070 -0.223
201909 -0.136 108.329 -0.162
201912 -0.036 108.420 -0.043
202003 -0.154 108.902 -0.183
202006 -0.293 108.767 -0.349
202009 -0.518 109.815 -0.610
202012 -0.132 109.897 -0.155
202103 0.302 111.754 0.350
202106 -0.066 114.631 -0.075
202109 1.989 115.734 2.224
202112 -0.044 117.630 -0.048
202203 -0.191 121.301 -0.204
202206 -0.246 125.017 -0.255
202209 -0.303 125.227 -0.313
202212 -0.189 125.222 -0.195
202303 -0.215 127.348 -0.218
202306 -0.203 128.729 -0.204
202309 -0.084 129.860 -0.084
202312 -2.109 129.419 -2.109

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


3D Systems  (WBO:DDD) 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.

During the past 13 years, the highest Shiller P/E Ratio of 3D Systems was 1617.33. The lowest was 135.22. And the median was 374.73.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


3D Systems E10 Related Terms

Thank you for viewing the detailed overview of 3D Systems's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


3D Systems (WBO:DDD) Business Description

Traded in Other Exchanges
Address
333 Three D Systems Circle, Rock Hill, SC, USA, 29730
3D Systems Corp provides comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on-demand manufacturing services, and digital design tools. The company's segments include Healthcare Solutions and Industrial Solutions. It generates maximum revenue from the Industrial segment. It conducts business through various offices and facilities located throughout the Americas, EMEA, and APAC; generating a vast majority of revenues from the Americas.