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Basanite (Basanite) E10 : $-0.08 (As of Mar. 2024)


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What is Basanite 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.

Basanite's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.08 for the trailing ten years ended in Mar. 2024.

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 Basanite was 60.50% per year. The lowest was 46.90% per year. And the median was 53.70% per year.

As of today (2024-06-10), Basanite's current stock price is $0.0114. Basanite's E10 for the quarter that ended in Mar. 2024 was $-0.08. Basanite's Shiller PE Ratio of today is .


Basanite E10 Historical Data

The historical data trend for Basanite'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.

Basanite E10 Chart

Basanite 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 -2.91 -0.76 -0.45 -0.18 -

Basanite Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.14 -0.11 -0.10 - -0.08

Competitive Comparison of Basanite's E10

For the Building Materials subindustry, Basanite'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.


Basanite's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Basanite's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.001/131.7762*131.7762
=-0.001

Current CPI (Mar. 2024) = 131.7762.

Basanite Quarterly Data

per share eps CPI Adj_EPS
201406 -0.050 100.560 -0.066
201409 -0.030 100.428 -0.039
201412 0.000 99.070 0.000
201503 -0.010 99.621 -0.013
201506 -0.010 100.684 -0.013
201509 -0.010 100.392 -0.013
201512 -0.020 99.792 -0.026
201603 -0.110 100.470 -0.144
201606 -0.030 101.688 -0.039
201609 -0.030 101.861 -0.039
201612 -0.087 101.863 -0.113
201703 -0.007 102.862 -0.009
201706 -0.004 103.349 -0.005
201709 -0.005 104.136 -0.006
201712 -0.010 104.011 -0.013
201803 -0.006 105.290 -0.008
201806 -0.005 106.317 -0.006
201809 -0.009 106.507 -0.011
201812 -0.021 105.998 -0.026
201903 -0.004 107.251 -0.005
201906 -0.008 108.070 -0.010
201909 -0.004 108.329 -0.005
201912 -0.006 108.420 -0.007
202003 -0.003 108.902 -0.004
202006 -0.003 108.767 -0.004
202009 -0.005 109.815 -0.006
202012 -0.006 109.897 -0.007
202103 -0.021 111.754 -0.025
202106 -0.020 114.631 -0.023
202109 -0.010 115.734 -0.011
202112 -0.020 117.630 -0.022
202203 -0.006 121.301 -0.007
202206 -0.010 125.017 -0.011
202209 -0.003 125.227 -0.003
202212 -0.010 125.222 -0.011
202303 -0.002 127.348 -0.002
202306 -0.020 128.729 -0.020
202309 -0.020 129.860 -0.020
202312 0.000 129.419 0.000
202403 -0.001 131.776 -0.001

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


Basanite  (OTCPK:BASA) 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.


Basanite E10 Related Terms

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


Basanite (Basanite) Business Description

Traded in Other Exchanges
N/A
Address
2041 NW 15th Avenue, Pompano Beach, FL, USA, 33069
Basanite Inc is engaged in manufacturing basalt fiber reinforced polymer products (BRP). It produces basalt fiber reinforced polymer products that are used as replacements for steel products, which reinforce concrete, such as rebar. The company's product includes BasaFlex; BasaMix and BasaMesh.
Executives
Thomas Richmond officer: CEO 2660 NW 15 CT, UNIT 108, POMPANO BEACH FL 33069
Lisa H Gainsborg officer: CFO, Treasurer and Secretary BASANITE, INC., 2041 NW 15TH AVENUE, POMPANO BEACH FL 33069
Sergio Salani director BASANITE, INC., 2041 NW 15TH AVENUE, POMPANO BEACH FL 33069
Manuel Antonio Rodriguez director 7250 SW HARBOR COVE DR., STUART FL 34997
Tingberg Frederick Henry Jr director 2005 SW AMARILLO LANE, PALM CITY FL 34990
Michael Vito Barbera director 1423 SW 13TH DRIVE, BOCA RATON FL 33486
Loricco Ronald Joseph Sr. director, 10 percent owner 28 DALES DR., WOODBRIDGE CT 06525
Adam Scott Falkoff director 1390 CHAIN BRIDGE ROAD #630, MCLEAN VA 22101
Simon Richard Kay officer: Interim Pres. & CEO 8001 NW 66TH TERRACE, PARKLAND FL 33067
Isabella Barbera officer: Chief Financial Officer 13396 60TH STREET NORTH, WEST PALM BEACH FL 33411
Richard Michael Krolewski director, officer: Chief Executive Officer 1018 ROANOKE DRIVE, WESTFIELD IN 46074
Gregory Guy Nadeau director 1 CARRIER PLACE, LEWISTON ME 04240
Kelly James Patterson director 11200 NE 182ND ST., BATTLE GROUND WA 98604
Gregory David Cline director 169 WHITE OAK ROAD, FREDERICKSBURG VA 22405
Paul M. Sallarulo director 2521 NE 48TH STREET, LIGHTHOUSE PT. FL 33064