GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » BrainsWay Ltd (OTCPK:BRSYF) » Definitions » E10

BrainsWay (BrainsWay) E10 : $-0.25 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is BrainsWay 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.

BrainsWay's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.25 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.

As of today (2024-05-27), BrainsWay's current stock price is $2.47. BrainsWay's E10 for the quarter that ended in Mar. 2024 was $-0.25. BrainsWay's Shiller PE Ratio of today is .


BrainsWay E10 Historical Data

The historical data trend for BrainsWay'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.

BrainsWay E10 Chart

BrainsWay 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 - - - - -0.24

BrainsWay 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 - - -0.28 -0.24 -0.25

Competitive Comparison of BrainsWay's E10

For the Medical Devices subindustry, BrainsWay'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.


BrainsWay's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, BrainsWay's Shiller PE Ratio distribution charts can be found below:

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



BrainsWay 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, BrainsWay'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)
=0.003/131.7762*131.7762
=0.003

Current CPI (Mar. 2024) = 131.7762.

BrainsWay Quarterly Data

per share eps CPI Adj_EPS
201406 -0.058 100.560 -0.076
201409 -0.049 100.428 -0.064
201412 -0.226 99.070 -0.301
201503 -0.100 99.621 -0.132
201506 -0.050 100.684 -0.065
201509 -0.020 100.392 -0.026
201512 -0.110 99.792 -0.145
201603 -0.070 100.470 -0.092
201606 0.060 101.688 0.078
201609 -0.040 101.861 -0.052
201612 -0.110 101.863 -0.142
201703 -0.130 102.862 -0.167
201706 -0.030 103.349 -0.038
201709 -0.120 104.136 -0.152
201712 -0.190 104.011 -0.241
201803 -0.060 105.290 -0.075
201806 -0.120 106.317 -0.149
201809 -0.090 106.507 -0.111
201812 -0.140 105.998 -0.174
201903 -0.110 107.251 -0.135
201906 -0.170 108.070 -0.207
201909 -0.120 108.329 -0.146
201912 -0.100 108.420 -0.122
202003 -0.150 108.902 -0.182
202006 -0.030 108.767 -0.036
202009 -0.040 109.815 -0.048
202012 -0.020 109.897 -0.024
202103 -0.050 111.754 -0.059
202106 -0.060 114.631 -0.069
202109 -0.050 115.734 -0.057
202112 -0.040 117.630 -0.045
202203 -0.050 121.301 -0.054
202206 -0.070 125.017 -0.074
202209 -0.150 125.227 -0.158
202212 -0.120 125.222 -0.126
202303 -0.070 127.348 -0.072
202306 -0.050 128.729 -0.051
202309 -0.010 129.860 -0.010
202312 0.004 129.419 0.004
202403 0.003 131.776 0.003

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


BrainsWay  (OTCPK:BRSYF) 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.


BrainsWay E10 Related Terms

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


BrainsWay (BrainsWay) Business Description

Traded in Other Exchanges
Address
19 Hartum Street, 3rd Floor, Bynet Building, Har Hotzvim, Jerusalem, ISR, 9777518
BrainsWay Ltd is engaged in advanced noninvasive neurostimulation treatments for mental health disorders. The company is advancing neuroscience with its proprietary Deep Transcranial Magnetic Stimulation (Deep TMS) platform technology to improve health and transform lives. Current indications include major depressive disorder (including reduction of anxiety symptoms, commonly referred to as anxious depression), obsessive-compulsive disorder and smoking addiction. Additional clinical trials of Deep TMS in various psychiatric, neurological, and addiction disorders are underway. The company derives revenues from the lease and sale of Deep TMS systems.