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Good Natured Products (TSXV:GDNP) E10 : C$-0.17 (As of Dec. 2023)


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What is Good Natured 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.

Good Natured Products's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was C$-0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.17 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-06-01), Good Natured Products's current stock price is C$ 0.02. Good Natured Products's E10 for the fiscal year that ended in Dec. 2023 was C$-0.17. Good Natured Products's Shiller PE Ratio of today is .


Good Natured Products E10 Historical Data

The historical data trend for Good Natured 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.

Good Natured Products E10 Chart

Good Natured Products Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.17

Good Natured Products Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -0.17

Competitive Comparison of Good Natured Products's E10

For the Packaging & Containers subindustry, Good Natured 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.


Good Natured Products's Shiller PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Good Natured Products's Shiller PE Ratio distribution charts can be found below:

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



Good Natured 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, Good Natured Products's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.06/125.0724*125.0724
=-0.060

Current CPI (Dec. 2023) = 125.0724.

Good Natured Products Annual Data

per_share_eps CPI Adj_EPS
201402 0.000 98.051 0.000
201502 -0.780 99.078 -0.985
201602 -0.100 100.421 -0.125
201702 -0.060 102.476 -0.073
201812 -0.030 105.399 -0.036
201912 -0.030 107.769 -0.035
202012 -0.060 108.559 -0.069
202112 -0.060 113.774 -0.066
202212 -0.050 120.964 -0.052
202312 -0.060 125.072 -0.060

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


Good Natured Products  (TSXV:GDNP) 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.


Good Natured Products E10 Related Terms

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


Good Natured Products (TSXV:GDNP) Business Description

Traded in Other Exchanges
Address
814 - 470 Granville Street, Vancouver, BC, CAN, V6C 1V5
Good Natured Products Inc offers a broad assortment of plant-based products. All of the Company's operations are within the packaging and consumer goods manufacturing industry. The Company manufactures and/or sources over 400 products that are grouped into five business groups: General Merchandise, Packaging, Industrial, Commercial Supplies, and Services. The Company offers its products through wholesale, direct to business, and retail channels.
Executives
James Noel Harvey Senior Officer

Good Natured Products (TSXV:GDNP) Headlines

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