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Socket Mobile (Socket Mobile) E10 : $0.19 (As of Mar. 2024)


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What is Socket Mobile 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.

Socket Mobile's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.19 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 Socket Mobile was 72.10% per year. The lowest was 7.10% per year. And the median was 19.45% per year.

As of today (2024-05-23), Socket Mobile's current stock price is $1.29. Socket Mobile's E10 for the quarter that ended in Mar. 2024 was $0.19. Socket Mobile's Shiller PE Ratio of today is 6.79.

During the past 13 years, the highest Shiller PE Ratio of Socket Mobile was 429.00. The lowest was 5.15. And the median was 12.24.


Socket Mobile E10 Historical Data

The historical data trend for Socket Mobile'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.

Socket Mobile E10 Chart

Socket Mobile 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 -0.08 -0.01 0.10 0.20 0.19

Socket Mobile 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 0.19 0.18 0.18 0.19 0.19

Competitive Comparison of Socket Mobile's E10

For the Computer Hardware subindustry, Socket Mobile'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.


Socket Mobile's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Socket Mobile's Shiller PE Ratio distribution charts can be found below:

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



Socket Mobile 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, Socket Mobile'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)
=-0.07/131.7762*131.7762
=-0.070

Current CPI (Mar. 2024) = 131.7762.

Socket Mobile Quarterly Data

per share eps CPI Adj_EPS
201406 0.020 100.560 0.026
201409 0.080 100.428 0.105
201412 -0.004 99.070 -0.005
201503 -0.010 99.621 -0.013
201506 0.070 100.684 0.092
201509 0.090 100.392 0.118
201512 0.160 99.792 0.211
201603 0.090 100.470 0.118
201606 0.070 101.688 0.091
201609 0.100 101.861 0.129
201612 1.400 101.863 1.811
201703 0.050 102.862 0.064
201706 0.070 103.349 0.089
201709 0.060 104.136 0.076
201712 -0.390 104.011 -0.494
201803 -0.030 105.290 -0.038
201806 -0.020 106.317 -0.025
201809 -0.010 106.507 -0.012
201812 -0.030 105.998 -0.037
201903 0.002 107.251 0.002
201906 0.020 108.070 0.024
201909 0.010 108.329 0.012
201912 0.010 108.420 0.012
202003 -0.010 108.902 -0.012
202006 -0.130 108.767 -0.158
202009 -0.620 109.815 -0.744
202012 0.230 109.897 0.276
202103 0.030 111.754 0.035
202106 0.270 114.631 0.310
202109 0.070 115.734 0.080
202112 0.110 117.630 0.123
202203 0.040 121.301 0.043
202206 0.010 125.017 0.011
202209 -0.110 125.227 -0.116
202212 0.060 125.222 0.063
202303 -0.120 127.348 -0.124
202306 -0.060 128.729 -0.061
202309 -0.160 129.860 -0.162
202312 0.070 129.419 0.071
202403 -0.070 131.776 -0.070

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


Socket Mobile  (NAS:SCKT) 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.

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

Shiller PE Ratio=Share Price/E10
=1.29/0.19
=6.79

* 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 Socket Mobile was 429.00. The lowest was 5.15. And the median was 12.24.


Be Aware

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


Socket Mobile E10 Related Terms

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


Socket Mobile (Socket Mobile) Business Description

Traded in Other Exchanges
Address
40675 Encyclopedia Circle, Fremont, CA, USA, 94538
Socket Mobile Inc is a producer of data capture products. The company's products are integrated into mobile applications used in mobile point of sale (mPOS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. The company offers barcode scanning products for both one-dimensional, including imager and laser, and two-dimensional barcode scanning in standard and durable cases. The company's geographical segments are the United States, Europe, Asia, and the rest of the world, out of which the majority of the revenue is generated from the United States.
Executives
Kevin J Mills director, officer: President and CEO 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Charlie Bass director 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Giacomo Marini director 40675 ENCYCLOPEDIA CIR., FREMONT CA 94538
Laura Weinstein director 40675 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538
Leonard L Ott officer: Chief Technical Officer 37400 CENTRAL COURT, NEWARK CA 94560
David A. Holmes officer: Chief Business Officer 39700 EUREKA DRIVE, NEWARK CA 94560
Lynn Zhao officer: Vice President and Controller 39700 EUREKA DRIVE, NEWARK CA 94560
David W Dunlap officer: CFO 37400 CENTRAL COURT, NEWARK CA 94560
Ivan Lazarev director 40675 ENCYCLOPEDIA CIR, FREMONT CA 94538
Parnell William L. Jr director 40675 ENCYCLOPEDIA CIR, FREMONT CA 94538
Nelson C Chan director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Brenton Earl Macdonald director 39700 EUREKA DRIVE, NEWARK CA 94560
James Lopez officer: VP Marketing & Business Dev. 39700 EUREKA DRIVE, NEWARK CA 94560
Erik L. Fidel director 39700 EUREKA DRIVE, NEWARK CA 94560
Kevin R Jost director 10370 RICHMOND AVENUE, SUITE 600, HOUSTON TX 77042