GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Armada Mercantile Ltd (XCNQ:ARM) » Definitions » E10

Armada Mercantile (XCNQ:ARM) E10 : C$0.00 (As of Nov. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Armada Mercantile 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.

Armada Mercantile's adjusted earnings per share data for the three months ended in Nov. 2024 was C$0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.00 for the trailing ten years ended in Nov. 2024.

During the past 12 months, Armada Mercantile's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 40.10% 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 Armada Mercantile was 40.10% per year. The lowest was 40.10% per year. And the median was 40.10% per year.

As of today (2025-03-23), Armada Mercantile's current stock price is C$0.33. Armada Mercantile's E10 for the quarter that ended in Nov. 2024 was C$0.00. Armada Mercantile's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Armada Mercantile was 5.36. The lowest was 1.36. And the median was 3.36.


Armada Mercantile E10 Historical Data

The historical data trend for Armada Mercantile'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.

Armada Mercantile E10 Chart

Armada Mercantile Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 0.10 0.11 0.11

Armada Mercantile Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.11 0.11 - - -

Competitive Comparison of Armada Mercantile's E10

For the Capital Markets subindustry, Armada Mercantile'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.


Armada Mercantile's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Armada Mercantile's Shiller PE Ratio distribution charts can be found below:

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



Armada Mercantile 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, Armada Mercantile's adjusted earnings per share data for the three months ended in Nov. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=-0/127.8378*127.8378
=0.000

Current CPI (Nov. 2024) = 127.8378.

Armada Mercantile Quarterly Data

per share eps CPI Adj_EPS
201502 0.000 99.078 0.000
201505 -0.003 100.263 -0.004
201508 0.010 100.579 0.013
201511 -0.010 100.421 -0.013
201602 -0.022 100.421 -0.028
201605 0.001 101.765 0.001
201608 -0.001 101.686 -0.001
201611 -0.020 101.607 -0.025
201702 -0.012 102.476 -0.015
201705 -0.005 103.108 -0.006
201708 -0.005 103.108 -0.006
201711 0.010 103.740 0.012
201802 0.002 104.688 0.002
201805 0.001 105.399 0.001
201808 -0.003 106.031 -0.004
201811 -0.004 105.478 -0.005
201902 0.006 106.268 0.007
201905 -0.003 107.927 -0.004
201908 -0.007 108.085 -0.008
201911 -0.010 107.769 -0.012
202002 -0.005 108.559 -0.006
202005 0.003 107.532 0.004
202008 0.002 108.243 0.002
202011 0.001 108.796 0.001
202102 0.300 109.745 0.349
202105 0.310 111.404 0.356
202108 0.001 112.668 0.001
202111 0.002 113.932 0.002
202202 0.300 115.986 0.331
202205 0.002 120.016 0.002
202208 0.005 120.569 0.005
202211 0.010 121.675 0.011
202302 -0.010 122.070 -0.010
202305 0.000 124.045 0.000
202308 0.001 125.389 0.001
202311 0.002 125.468 0.002
202402 -0.003 125.468 -0.003
202405 0.000 127.601 0.000
202408 0.000 127.838 0.000
202411 0.000 127.838 0.000

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


Armada Mercantile  (XCNQ:ARM) 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 Armada Mercantile was 5.36. The lowest was 1.36. And the median was 3.36.


Be Aware

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


Armada Mercantile E10 Related Terms

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


Armada Mercantile Business Description

Traded in Other Exchanges
Address
1616 West 3rd Avenue, Suite 100, Vancouver, BC, CAN, V6J 1K2
Armada Mercantile Ltd is engaged in the business of investing in new and existing businesses and organizations. The company is a financial services company that focuses on merchant banking through its wholly-owned subsidiary Armada Group USA, Inc. The company, through its investment in Oxygen Funding, Inc. offers commercial finance services to companies; internationally, including account receivables "factoring", supply chain, equipment leasing, merchant cash advance and purchase order, and other types of specialized finance.

Armada Mercantile Headlines