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Aemetis (STU:DW51) E10 : €-1.65 (As of Mar. 2024)


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What is Aemetis 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.

Aemetis's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.534. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.65 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -8.10% per year. During the past 5 years, the average E10 Growth Rate was -7.40% per year. During the past 10 years, the average E10 Growth Rate was -5.20% 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 Aemetis was -1.20% per year. The lowest was -9.60% per year. And the median was -4.35% per year.

As of today (2024-06-07), Aemetis's current stock price is €2.86. Aemetis's E10 for the quarter that ended in Mar. 2024 was €-1.65. Aemetis's Shiller PE Ratio of today is .


Aemetis E10 Historical Data

The historical data trend for Aemetis'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.

Aemetis E10 Chart

Aemetis 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 - -1.12 -1.17 -1.55 -1.58

Aemetis 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 -1.55 -1.50 -1.47 -1.58 -1.65

Competitive Comparison of Aemetis's E10

For the Oil & Gas Refining & Marketing subindustry, Aemetis'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.


Aemetis's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aemetis's Shiller PE Ratio distribution charts can be found below:

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



Aemetis 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, Aemetis'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)
=-0.534/131.7762*131.7762
=-0.534

Current CPI (Mar. 2024) = 131.7762.

Aemetis Quarterly Data

per share eps CPI Adj_EPS
201406 0.096 100.560 0.126
201409 0.016 100.428 0.021
201412 -0.154 99.070 -0.205
201503 -0.388 99.621 -0.513
201506 -0.285 100.684 -0.373
201509 -0.258 100.392 -0.339
201512 -0.303 99.792 -0.400
201603 -0.233 100.470 -0.306
201606 -0.223 101.688 -0.289
201609 -0.187 101.861 -0.242
201612 -0.066 101.863 -0.085
201703 -0.402 102.862 -0.515
201706 -0.267 103.349 -0.340
201709 -0.319 104.136 -0.404
201712 -0.346 104.011 -0.438
201803 -0.414 105.290 -0.518
201806 -0.231 106.317 -0.286
201809 -0.249 106.507 -0.308
201812 -0.492 105.998 -0.612
201903 -0.425 107.251 -0.522
201906 -0.558 108.070 -0.680
201909 -0.281 108.329 -0.342
201912 -0.297 108.420 -0.361
202003 -0.525 108.902 -0.635
202006 0.089 108.767 0.108
202009 -0.501 109.815 -0.601
202012 -0.551 109.897 -0.661
202103 -0.580 111.754 -0.684
202106 -0.282 114.631 -0.324
202109 -0.468 115.734 -0.533
202112 -0.027 117.630 -0.030
202203 -0.490 121.301 -0.532
202206 -0.009 125.017 -0.009
202209 -1.939 125.227 -2.040
202212 -0.595 125.222 -0.626
202303 -0.682 127.348 -0.706
202306 -0.628 128.729 -0.643
202309 0.684 129.860 0.694
202312 -0.587 129.419 -0.598
202403 -0.534 131.776 -0.534

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


Aemetis  (STU:DW51) 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.


Aemetis E10 Related Terms

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


Aemetis (STU:DW51) Business Description

Traded in Other Exchanges
Address
20400 Stevens Creek Boulevard, Suite 700, Cupertino, CA, USA, 95014
Aemetis Inc is an international renewable fuel and biochemicals company focused on the production of renewable fuels and chemicals through the acquisition, development and commercialization of technologies that replace traditional petroleum-based products through the conversion of first-generation ethanol and biodiesel plants into advanced biorefineries. It owns and operates an approximately 65 million gallon per year ethanol production facility located in Keyes, California. In addition to low carbon renewable fuel ethanol, the Keyes Plant produces Wet Distillers Grains, Distillers Corn Oil, and Condensed Distillers Solubles, all of which are sold to local dairies and feedlots as animal feed. It operates in the reportable geographic segments of North America and India.

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