GURUFOCUS.COM » STOCK LIST » Technology » Software » SilverSun Technologies Inc (NAS:SSNT) » Definitions » E10

SilverSun Technologies (SilverSun Technologies) E10 : $2.28 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is SilverSun Technologies 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.

SilverSun Technologies's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SilverSun Technologies's average E10 Growth Rate was -7.70% per year. During the past 3 years, the average E10 Growth Rate was -18.60% per year. 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 SilverSun Technologies was 42.70% per year. The lowest was -18.60% per year. And the median was 35.50% per year.

As of today (2024-06-06), SilverSun Technologies's current stock price is $130.48. SilverSun Technologies's E10 for the quarter that ended in Mar. 2024 was $2.28. SilverSun Technologies's Shiller PE Ratio of today is 57.23.

During the past 13 years, the highest Shiller PE Ratio of SilverSun Technologies was 78.37. The lowest was 5.49. And the median was 13.05.


SilverSun Technologies E10 Historical Data

The historical data trend for SilverSun Technologies'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.

SilverSun Technologies E10 Chart

SilverSun Technologies 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 -4.99 4.17 2.23 - 2.25

SilverSun Technologies 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 2.47 2.54 2.25 2.25 2.28

Competitive Comparison of SilverSun Technologies's E10

For the Software - Application subindustry, SilverSun Technologies'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.


SilverSun Technologies's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, SilverSun Technologies's Shiller PE Ratio distribution charts can be found below:

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



SilverSun Technologies 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, SilverSun Technologies'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)
=0.24/131.7762*131.7762
=0.240

Current CPI (Mar. 2024) = 131.7762.

SilverSun Technologies Quarterly Data

per share eps CPI Adj_EPS
201406 0.160 100.560 0.210
201409 0.480 100.428 0.630
201412 -0.480 99.070 -0.638
201503 1.040 99.621 1.376
201506 0.080 100.684 0.105
201509 0.030 100.392 0.039
201512 -0.400 99.792 -0.528
201603 0.160 100.470 0.210
201606 0.960 101.688 1.244
201609 4.880 101.861 6.313
201612 0.160 101.863 0.207
201703 0.240 102.862 0.307
201706 0.240 103.349 0.306
201709 0.560 104.136 0.709
201712 -1.920 104.011 -2.433
201803 0.080 105.290 0.100
201806 0.030 106.317 0.037
201809 0.320 106.507 0.396
201812 0.080 105.998 0.099
201903 0.160 107.251 0.197
201906 0.000 108.070 0.000
201909 13.600 108.329 16.544
201912 -1.760 108.420 -2.139
202003 -0.480 108.902 -0.581
202006 0.080 108.767 0.097
202009 0.080 109.815 0.096
202012 0.720 109.897 0.863
202103 0.560 111.754 0.660
202106 0.240 114.631 0.276
202109 -0.400 115.734 -0.455
202112 -0.640 117.630 -0.717
202203 -0.080 121.301 -0.087
202206 -0.160 125.017 -0.169
202209 -0.240 125.227 -0.253
202212 0.000 125.222 0.000
202303 0.400 127.348 0.414
202306 0.560 128.729 0.573
202309 -3.200 129.860 -3.247
202312 0.640 129.419 0.652
202403 0.240 131.776 0.240

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


SilverSun Technologies  (NAS:SSNT) 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.

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

Shiller PE Ratio=Share Price/E10
=130.48/2.28
=57.23

* 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 SilverSun Technologies was 78.37. The lowest was 5.49. And the median was 13.05.


Be Aware

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


SilverSun Technologies E10 Related Terms

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


SilverSun Technologies (SilverSun Technologies) Business Description

Traded in Other Exchanges
N/A
Address
120 Eagle Rock Avenue, East Hanover, NJ, USA, 07936
SilverSun Technologies Inc is a business application, technology, and consulting company. It is engaged in providing strategies and solutions to meet information, technology and business management needs. Its services and technologies enable customers to manage, protect and monetize their enterprise assets in the cloud. It offers solutions for accounting and business management, financial reporting, enterprise resource planning (ERP), warehouse management systems (WMS), customer relationship management (CRM) and business intelligence (BI). The company has a network services practice, which provides managed services, hosting, business continuity, cloud, e-mail, and Web services.
Executives
Stanley Wunderlich director
John D. Schachtel director 979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Joseph P Macaluso director
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Ault Milton C Iii 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Jeffrey D Roth 10 percent owner 202 VIERA DRIVE, CEDAR KNOLLS NJ 07927-2402
Christine Elizabeth Dye officer: Chief Financial Officer 120 EAGLE ROCK AVE., SUITE 330, EAST HANOVER NJ 07936
Crandall Iii Melvin officer: Chief Financial Officer 5 REGENT ST #520, LIVINGSTON NJ 07039
John Rudy director C/O ADSTAR INC., 4553 GLENCOE AVENUE SUITE 325, MARINA DEL REY CA 90292
Mark Meller director, 10 percent owner, officer: President and CEO C/O TREY RESOURCES, INC., 293 EISENHOWER PARKWAY, SUITE 250, LIVINGSTON NJ 07039
Jerome R Mahoney director, 10 percent owner, officer: President, Secretary and CEO C/O VOICE INC, 750 HIGHWAY 34, MATAWAN NJ 07747