GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Wajax Corp (OTCPK:WJXFF) » Definitions » E10

Wajax (WJXFF) E10 : $1.53 (As of Sep. 2024)


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

What is Wajax 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.

Wajax's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.214. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.53 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Wajax's average E10 Growth Rate was -1.90% per year. During the past 3 years, the average E10 Growth Rate was -1.10% per year. During the past 5 years, the average E10 Growth Rate was -3.40% 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 Wajax was -1.10% per year. The lowest was -10.40% per year. And the median was -6.90% per year.

As of today (2024-12-14), Wajax's current stock price is $16.16. Wajax's E10 for the quarter that ended in Sep. 2024 was $1.53. Wajax's Shiller PE Ratio of today is 10.56.

During the past 13 years, the highest Shiller PE Ratio of Wajax was 16.68. The lowest was 2.35. And the median was 8.48.


Wajax E10 Historical Data

The historical data trend for Wajax'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.

Wajax E10 Chart

Wajax 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 1.79 1.65 1.57 1.46 1.56

Wajax Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.55 1.56 1.57 1.58 1.53

Competitive Comparison of Wajax's E10

For the Industrial Distribution subindustry, Wajax'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.


Wajax's Shiller PE Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Wajax's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.214/127.2847*127.2847
=0.214

Current CPI (Sep. 2024) = 127.2847.

Wajax Quarterly Data

per share eps CPI Adj_EPS
201412 0.572 98.367 0.740
201503 0.269 99.789 0.343
201506 0.412 100.500 0.522
201509 0.279 100.421 0.354
201512 -1.327 99.947 -1.690
201603 -0.370 101.054 -0.466
201606 0.163 102.002 0.203
201609 0.282 101.765 0.353
201612 0.330 101.449 0.414
201703 0.232 102.634 0.288
201706 0.286 103.029 0.353
201709 0.350 103.345 0.431
201712 0.180 103.345 0.222
201803 0.356 105.004 0.432
201806 0.427 105.557 0.515
201809 0.345 105.636 0.416
201812 0.223 105.399 0.269
201903 0.292 106.979 0.347
201906 0.436 107.690 0.515
201909 0.279 107.611 0.330
201912 0.448 107.769 0.529
202003 0.143 107.927 0.169
202006 0.369 108.401 0.433
202009 0.249 108.164 0.293
202012 0.414 108.559 0.485
202103 0.461 110.298 0.532
202106 0.671 111.720 0.764
202109 0.521 112.905 0.587
202112 0.281 113.774 0.314
202203 0.577 117.646 0.624
202206 0.765 120.806 0.806
202209 0.607 120.648 0.640
202212 0.552 120.964 0.581
202303 0.577 122.702 0.599
202306 0.986 124.203 1.010
202309 0.776 125.230 0.789
202312 0.365 125.072 0.371
202403 0.488 126.258 0.492
202406 0.679 127.522 0.678
202409 0.214 127.285 0.214

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


Wajax  (OTCPK:WJXFF) 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.

Wajax's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.16/1.53
=10.56

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Wajax was 16.68. The lowest was 2.35. And the median was 8.48.


Be Aware

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


Wajax E10 Related Terms

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


Wajax Business Description

Traded in Other Exchanges
Address
2250 Argentia Road, Mississauga, ON, CAN, L5N 6A5
Wajax Corp operates an integrated distribution system, providing sales, parts and services to a broad range of customers in diversified sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.

Wajax Headlines

From GuruFocus

Q1 2022 Wajax Corp Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q2 2020 Wajax Corp Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q1 2023 Wajax Corp Earnings Call Transcript

By GuruFocus Research 02-15-2024

Wajax Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 02-15-2024

Q2 2023 Wajax Corp Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q4 2019 Wajax Corp Earnings Call Transcript

By GuruFocus Research 02-15-2024

Wajax Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 02-15-2024

Q3 2024 Wajax Corp Earnings Call Transcript

By GuruFocus News 11-06-2024

Q2 2024 Wajax Corp Earnings Call Transcript

By GuruFocus News 10-09-2024