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Atlantic Power (Atlantic Power) E10 : $-0.53 (As of Mar. 2021)


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What is Atlantic Power 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.

Atlantic Power's adjusted earnings per share data for the three months ended in Mar. 2021 was $-0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.53 for the trailing ten years ended in Mar. 2021.

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 (2024-05-06), Atlantic Power's current stock price is $3.02. Atlantic Power's E10 for the quarter that ended in Mar. 2021 was $-0.53. Atlantic Power's Shiller PE Ratio of today is .


Atlantic Power E10 Historical Data

The historical data trend for Atlantic Power'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.

Atlantic Power E10 Chart

Atlantic Power Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.61 -0.52 -0.54 -0.56 -0.50

Atlantic Power Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -0.48 -0.50 -0.50 -0.50 -0.53

Competitive Comparison of Atlantic Power's E10

For the Utilities - Independent Power Producers subindustry, Atlantic Power'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.


Atlantic Power's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



Atlantic Power 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, Atlantic Power's adjusted earnings per share data for the three months ended in Mar. 2021 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=-0.001/111.7544*111.7544
=-0.001

Current CPI (Mar. 2021) = 111.7544.

Atlantic Power Quarterly Data

per share eps CPI Adj_EPS
201106 0.180 95.235 0.211
201109 -0.400 95.727 -0.467
201112 -0.370 95.213 -0.434
201203 -0.370 96.783 -0.427
201206 -0.040 96.819 -0.046
201209 -0.060 97.633 -0.069
201212 -0.490 96.871 -0.565
201303 0.050 98.209 0.057
201306 -0.030 98.518 -0.034
201309 -0.340 98.790 -0.385
201312 0.040 98.326 0.045
201403 -0.160 99.695 -0.179
201406 -0.490 100.560 -0.545
201409 -0.740 100.428 -0.823
201412 -0.090 99.070 -0.102
201503 0.140 99.621 0.157
201506 0.120 100.684 0.133
201509 -0.050 100.392 -0.056
201512 -0.610 99.792 -0.683
201603 -0.120 100.470 -0.133
201606 -0.150 101.688 -0.165
201609 -0.690 101.861 -0.757
201612 -0.060 101.863 -0.066
201703 -0.020 102.862 -0.022
201706 -0.190 103.349 -0.205
201709 -0.290 104.136 -0.311
201712 -0.360 104.011 -0.387
201803 0.120 105.290 0.127
201806 -0.010 106.317 -0.011
201809 -0.030 106.507 -0.031
201812 0.180 105.998 0.190
201903 0.070 107.251 0.073
201906 0.010 108.070 0.010
201909 0.100 108.329 0.103
201912 -0.600 108.420 -0.618
202003 0.230 108.902 0.236
202006 -0.060 108.767 -0.062
202009 0.150 109.815 0.153
202012 0.300 109.897 0.305
202103 -0.001 111.754 -0.001

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


Atlantic Power  (NYSE:AT) 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.


Atlantic Power E10 Related Terms

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


Atlantic Power (Atlantic Power) Business Description

Traded in Other Exchanges
N/A
Address
3 Allied Drive, Suite 155, Dedham, MA, USA, 02026
Atlantic Power Corp is an independent power producer that owns power generation assets in the United States and Canada. Its power generation projects, which are diversified by geography, fuel type, dispatch profile, and offtaker, sell electricity to utilities and other large customers predominantly under long-term power purchase agreements, which seek to minimize exposure to changes in commodity prices. It has four reportable segments: Solid Fuel, Natural Gas, Hydroelectric and Corporate. A vast majority of the revenues are generated from the natural gas segment.
Executives
Kevin Howell director 2220 MONUMENT AVENUE, RICHMOND VA 23220
R Foster Duncan director 139 E FOURTH ST, CINCINNATI OH 45202
Gilbert Samuel Palter director 37 MISTY CRESCENT TORONTO A6 MSB IT2
Danielle S Mottor director 870 WASHINGTON STREET HOLLISTON MA 01746
Terrence Ronan officer: Chief Financial Officer ONE FEDERAL STREET 30TH FLOOR BOSTON MA 02110
Joseph Cofelice officer: EVP Commercial Development
Moore James J Jr director, officer: Chief Executive Officer
Jeffrey S Levy officer: SVP, General Counsel 769 WEBSTER STREET NEEDHAM MA 02492
Irving Russell Gerstein director 200 CLARENDON STREET BOSTON MA 02116
Philip Daniel Rorabaugh officer: SVP, Asset Management 27 ASPEN AVE AUBURNDALE MA 02466
Holli C. Ladhani director 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Teresa Ressel director ON SEMICONDUCTOR C/O V. PECORA (MD A700), 5005 EAST MCDOWELL ROAD, PHOENIX AZ 85008
John Alexander Mcneil director 200 CLARENDON STREET BOSTON MA 02116
Kenneth Michael Hartwick director 200 CLARENDON STREET, BOSTON MA 02116
Paul Howard Rapisarda officer: EVP Commercial 151 SE 15TH ROAD, APT 1802, MIAMI FL 33129

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