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Boralex (Boralex) E10 : $0.04 (As of Dec. 2023)


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What is Boralex 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.

Boralex's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.142. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.04 for the trailing ten years ended in Dec. 2023.

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 Boralex was 12.30% per year. The lowest was -32.30% per year. And the median was -12.00% per year.

As of today (2024-04-27), Boralex's current stock price is $19.75. Boralex's E10 for the quarter that ended in Dec. 2023 was $0.04. Boralex's Shiller PE Ratio of today is 493.75.

During the past 13 years, the highest Shiller PE Ratio of Boralex was 3042.00. The lowest was 24.10. And the median was 97.37.


Boralex E10 Historical Data

The historical data trend for Boralex'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.

Boralex E10 Chart

Boralex 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 -0.02 -0.06 -0.06 -0.02 0.04

Boralex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.02 - 0.01 0.03 0.04

Competitive Comparison of Boralex's E10

For the Utilities - Renewable subindustry, Boralex'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.


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

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

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



Boralex 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, Boralex's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.142/125.4675*125.4675
=0.142

Current CPI (Dec. 2023) = 125.4675.

Boralex Quarterly Data

per share eps CPI Adj_EPS
201403 0.180 98.604 0.229
201406 -0.102 99.473 -0.129
201409 -0.218 99.394 -0.275
201412 -0.147 98.367 -0.187
201503 0.087 99.789 0.109
201506 -0.105 100.500 -0.131
201509 -0.241 100.421 -0.301
201512 0.095 99.947 0.119
201603 0.227 101.054 0.282
201606 -0.085 102.002 -0.105
201609 -0.122 101.765 -0.150
201612 -0.053 101.449 -0.066
201703 0.157 102.634 0.192
201706 -0.023 103.029 -0.028
201709 -0.187 103.345 -0.227
201712 0.266 103.345 0.323
201803 0.201 105.004 0.240
201806 -0.274 105.557 -0.326
201809 -0.307 105.636 -0.365
201812 0.097 105.399 0.115
201903 0.232 106.979 0.272
201906 -0.105 107.690 -0.122
201909 -0.242 107.611 -0.282
201912 -0.213 107.769 -0.248
202003 0.308 107.927 0.358
202006 -0.052 108.401 -0.060
202009 -0.045 108.164 -0.052
202012 0.195 108.559 0.225
202103 0.271 110.298 0.308
202106 -0.131 111.720 -0.147
202109 -0.158 112.905 -0.176
202112 0.133 113.774 0.147
202203 0.387 117.646 0.413
202206 0.078 120.806 0.081
202209 -0.330 120.648 -0.343
202212 0.103 120.964 0.107
202303 0.300 122.702 0.307
202306 0.143 124.203 0.144
202309 -0.022 125.230 -0.022
202312 0.142 125.468 0.142

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


Boralex  (OTCPK:BRLXF) 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.

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

Shiller PE Ratio=Share Price/E10
=19.75/0.04
=493.75

* 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 Boralex was 3042.00. The lowest was 24.10. And the median was 97.37.


Be Aware

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


Boralex E10 Related Terms

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


Boralex (Boralex) Business Description

Traded in Other Exchanges
Address
36, Rue Lajeunesse, Juridique, Kingsey Falls, QC, CAN, J0A 1B0
Boralex is a power producer whose core business is dedicated to the development and operation of renewable energy power stations in Canada, France, the United States and the United Kingdom. Boralex owns power generation assets across four technologies: wind, solar, hydroelectric, and thermal. Substantially all of its operating assets are subject to indexed fixed-price energy sales contracts.