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Westbridge Renewable Energy (Westbridge Renewable Energy) E10 : $-0.34 (As of Feb. 2024)


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What is Westbridge Renewable Energy 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.

Westbridge Renewable Energy's adjusted earnings per share data for the three months ended in Feb. 2024 was $0.237. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.34 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average E10 Growth Rate was 13.00% 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 Westbridge Renewable Energy was 44.30% per year. The lowest was 7.90% per year. And the median was 20.85% per year.

As of today (2024-06-06), Westbridge Renewable Energy's current stock price is $0.79. Westbridge Renewable Energy's E10 for the quarter that ended in Feb. 2024 was $-0.34. Westbridge Renewable Energy's Shiller PE Ratio of today is .


Westbridge Renewable Energy E10 Historical Data

The historical data trend for Westbridge Renewable Energy'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.

Westbridge Renewable Energy E10 Chart

Westbridge Renewable Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Nov21 Nov22 Nov23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.50 -0.64 -0.43 -0.36

Westbridge Renewable Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.41 -0.42 -0.37 -0.36 -0.34

Competitive Comparison of Westbridge Renewable Energy's E10

For the Utilities - Renewable subindustry, Westbridge Renewable Energy'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.


Westbridge Renewable Energy's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Westbridge Renewable Energy's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Westbridge Renewable Energy's Shiller PE Ratio falls into.



Westbridge Renewable Energy 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, Westbridge Renewable Energy's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.237/125.4675*125.4675
=0.237

Current CPI (Feb. 2024) = 125.4675.

Westbridge Renewable Energy Quarterly Data

per share eps CPI Adj_EPS
201403 -0.180 98.604 -0.229
201406 -0.092 99.473 -0.116
201409 -0.091 99.394 -0.115
201412 -2.697 98.367 -3.440
201503 -0.016 99.789 -0.020
201506 -0.016 100.500 -0.020
201509 -0.008 100.421 -0.010
201512 -0.007 99.947 -0.009
201603 -0.008 101.054 -0.010
201606 0.023 102.002 0.028
201609 -0.008 101.765 -0.010
201612 -0.022 101.449 -0.027
201703 -0.003 102.634 -0.004
201706 -0.003 103.029 -0.004
201709 -0.003 103.345 -0.004
201712 -0.008 103.345 -0.010
201803 -0.003 105.004 -0.004
201806 -0.004 105.557 -0.005
201809 -0.002 105.636 -0.002
201812 -0.030 105.399 -0.036
201903 -0.002 106.979 -0.002
201906 -0.002 107.690 -0.002
201909 -0.001 107.611 -0.001
201912 0.000 107.769 0.000
202003 -0.001 107.927 -0.001
202006 0.007 108.401 0.008
202009 -0.001 108.164 -0.001
202012 0.039 108.559 0.045
202103 -0.008 110.298 -0.009
202108 -0.032 112.668 -0.036
202111 -0.008 113.932 -0.009
202202 -0.008 115.986 -0.009
202205 -0.008 120.016 -0.008
202208 -0.008 120.569 -0.008
202211 -0.007 121.675 -0.007
202302 -0.022 122.070 -0.023
202305 -0.007 124.045 -0.007
202308 -0.015 125.389 -0.015
202311 0.007 125.468 0.007
202402 0.237 125.468 0.237

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


Westbridge Renewable Energy  (OTCPK:WEGYF) 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.


Westbridge Renewable Energy E10 Related Terms

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


Westbridge Renewable Energy (Westbridge Renewable Energy) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Westbridge Renewable Energy Corp is focused on delivering attractive, long-term returns by identifying, originating, and developing a global portfolio of renewable assets for investors and utilities. It develops best-in-class, utility-scale solar PV projects. It is turning green fields and the power of the sun into a reliable, sustainable flow of energy.