GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Hamilton Thorne Ltd (TSX:HTL) » Definitions » E10

Hamilton Thorne (TSX:HTL) E10 : C$0.03 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Hamilton Thorne 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.

Hamilton Thorne's adjusted earnings per share data for the three months ended in Mar. 2024 was C$-0.014. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.03 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 44.20% 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 Hamilton Thorne was 44.20% per year. The lowest was 44.20% per year. And the median was 44.20% per year.

As of today (2024-06-07), Hamilton Thorne's current stock price is C$1.43. Hamilton Thorne's E10 for the quarter that ended in Mar. 2024 was C$0.03. Hamilton Thorne's Shiller PE Ratio of today is 47.67.

During the past 13 years, the highest Shiller PE Ratio of Hamilton Thorne was 180.00. The lowest was 40.33. And the median was 54.67.


Hamilton Thorne E10 Historical Data

The historical data trend for Hamilton Thorne'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.

Hamilton Thorne E10 Chart

Hamilton Thorne 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 - 0.01 0.02 - 0.03

Hamilton Thorne 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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Hamilton Thorne's E10

For the Medical Devices subindustry, Hamilton Thorne'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.


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

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

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



Hamilton Thorne 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, Hamilton Thorne'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)
=-0.014/131.7762*131.7762
=-0.014

Current CPI (Mar. 2024) = 131.7762.

Hamilton Thorne Quarterly Data

per share eps CPI Adj_EPS
201406 0.004 100.560 0.005
201409 0.003 100.428 0.004
201412 0.012 99.070 0.016
201503 0.003 99.621 0.004
201506 0.005 100.684 0.007
201509 0.004 100.392 0.005
201512 0.014 99.792 0.018
201603 0.000 100.470 0.000
201606 0.002 101.688 0.003
201609 0.000 101.861 0.000
201612 0.010 101.863 0.013
201703 0.006 102.862 0.008
201706 0.000 103.349 0.000
201709 0.012 104.136 0.015
201712 0.051 104.011 0.065
201803 0.013 105.290 0.016
201806 -0.002 106.317 -0.002
201809 -0.006 106.507 -0.007
201812 0.038 105.998 0.047
201903 -0.006 107.251 -0.007
201906 0.001 108.070 0.001
201909 0.003 108.329 0.004
201912 0.015 108.420 0.018
202003 0.001 108.902 0.001
202006 -0.006 108.767 -0.007
202009 0.004 109.815 0.005
202012 0.013 109.897 0.016
202103 0.013 111.754 0.015
202106 0.004 114.631 0.005
202109 0.002 115.734 0.002
202112 0.013 117.630 0.015
202203 0.005 121.301 0.005
202206 0.002 125.017 0.002
202209 0.001 125.227 0.001
202212 0.000 125.222 0.000
202303 0.001 127.348 0.001
202306 -0.004 128.729 -0.004
202309 -0.014 129.860 -0.014
202312 0.008 129.419 0.008
202403 -0.014 131.776 -0.014

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


Hamilton Thorne  (TSX:HTL) 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.

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

Shiller PE Ratio=Share Price/E10
=1.43/0.03
=47.67

* 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 Hamilton Thorne was 180.00. The lowest was 40.33. And the median was 54.67.


Be Aware

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


Hamilton Thorne E10 Related Terms

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


Hamilton Thorne (TSX:HTL) Business Description

Traded in Other Exchanges
Address
100 Cummings Center, Suite 465E, Beverly, MA, USA, 01915
Hamilton Thorne Ltd is engaged in providing precision instruments, consumables, software, and services that reduce cost, increase productivity, improve results, and enable breakthroughs in Assisted Reproductive Technologies (ART) and developmental biology research markets. The company markets its products and services under the Hamilton Thorne, Gynemed, and Embryotech Laboratories brands, through its growing sales force and distributors. The company's customer base consists of fertility clinics, university research centers, animal breeding facilities, pharmaceutical companies, biotechnology companies, and other commercial and academic research establishments. It has a single reporting segment being Engaged in Sales to the ART, Research, and Cell Biology Markets.
Executives
Robert J Potter Director

Hamilton Thorne (TSX:HTL) Headlines

No Headlines