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Taiga Building Products (TSX:TBL) E10 : C$0.48 (As of Mar. 2024)


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What is Taiga Building Products 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.

Taiga Building Products's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Taiga Building Products's average E10 Growth Rate was 11.60% per year. During the past 3 years, the average E10 Growth Rate was 21.80% per year. During the past 5 years, the average E10 Growth Rate was 20.00% 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 Taiga Building Products was 26.00% per year. The lowest was -18.70% per year. And the median was 9.50% per year.

As of today (2024-06-10), Taiga Building Products's current stock price is C$3.33. Taiga Building Products's E10 for the quarter that ended in Mar. 2024 was C$0.48. Taiga Building Products's Shiller PE Ratio of today is 6.94.

During the past 13 years, the highest Shiller PE Ratio of Taiga Building Products was 12.69. The lowest was 1.44. And the median was 5.61.


Taiga Building Products E10 Historical Data

The historical data trend for Taiga Building Products'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.

Taiga Building Products E10 Chart

Taiga Building Products Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.26 0.34 0.42 0.47

Taiga Building Products 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 0.43 0.45 0.46 0.47 0.48

Competitive Comparison of Taiga Building Products's E10

For the Building Materials subindustry, Taiga Building Products'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.


Taiga Building Products's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiga Building Products's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Taiga Building Products's Shiller PE Ratio falls into.



Taiga Building Products 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, Taiga Building Products'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)
=0.12/126.2576*126.2576
=0.120

Current CPI (Mar. 2024) = 126.2576.

Taiga Building Products Quarterly Data

per share eps CPI Adj_EPS
201406 0.170 99.473 0.216
201409 0.170 99.394 0.216
201412 0.010 98.367 0.013
201503 -0.020 99.789 -0.025
201506 0.200 100.500 0.251
201509 0.140 100.421 0.176
201512 -0.002 99.947 -0.003
201603 0.020 101.054 0.025
201606 0.150 102.002 0.186
201609 0.100 101.765 0.124
201612 -0.005 101.449 -0.006
201703 0.010 102.634 0.012
201706 0.160 103.029 0.196
201709 0.180 103.345 0.220
201712 -0.430 103.345 -0.525
201803 0.060 105.004 0.072
201806 0.050 105.557 0.060
201809 0.050 105.636 0.060
201812 0.010 105.399 0.012
201903 0.040 106.979 0.047
201906 0.060 107.690 0.070
201909 0.070 107.611 0.082
201912 0.050 107.769 0.059
202003 0.060 107.927 0.070
202006 0.120 108.401 0.140
202009 0.310 108.164 0.362
202012 0.160 108.559 0.186
202103 0.270 110.298 0.309
202106 0.540 111.720 0.610
202109 -0.050 112.905 -0.056
202112 0.090 113.774 0.100
202203 0.370 117.646 0.397
202206 0.190 120.806 0.199
202209 0.170 120.648 0.178
202212 0.090 120.964 0.094
202303 0.120 122.702 0.123
202306 0.160 124.203 0.163
202309 0.200 125.230 0.202
202312 0.090 125.072 0.091
202403 0.120 126.258 0.120

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


Taiga Building Products  (TSX:TBL) 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.

Taiga Building Products's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.33/0.48
=6.94

* 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 Taiga Building Products was 12.69. The lowest was 1.44. And the median was 5.61.


Be Aware

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


Taiga Building Products E10 Related Terms

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


Taiga Building Products (TSX:TBL) Business Description

Traded in Other Exchanges
Address
4710 Kingsway, Suite 800, Burnaby, BC, CAN, V5H 4M2
Taiga Building Products Ltd is a Canadian-based company. It is engaged in the production and wholesale distribution of building products. Its products range includes composite decking, engineered wood, flooring, insulation, lumber, modulings, panels, polyethylene, preserved wood, roofing, and siding. It also offers distribution logistics and treating plants services. Taiga is a global exporter with the majority of the revenue generated from Canada followed by the United States.

Taiga Building Products (TSX:TBL) Headlines

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