GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Kamada Ltd (XTAE:KMDA) » Definitions » E10

Kamada (XTAE:KMDA) E10 : ₪0.42 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Kamada 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.

Kamada's adjusted earnings per share data for the three months ended in Mar. 2024 was ₪0.147. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₪0.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kamada's average E10 Growth Rate was 44.80% 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.

As of today (2024-05-24), Kamada's current stock price is ₪19.17. Kamada's E10 for the quarter that ended in Mar. 2024 was ₪0.42. Kamada's Shiller PE Ratio of today is 45.64.

During the past 13 years, the highest Shiller PE Ratio of Kamada was 69.41. The lowest was 45.45. And the median was 58.65.


Kamada E10 Historical Data

The historical data trend for Kamada'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.

Kamada E10 Chart

Kamada 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 - -13.53 -7.76 0.26 0.35

Kamada 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 0.29 0.32 0.34 0.35 0.42

Competitive Comparison of Kamada's E10

For the Drug Manufacturers - Specialty & Generic subindustry, Kamada'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.


Kamada's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kamada's Shiller PE Ratio distribution charts can be found below:

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



Kamada 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, Kamada'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)
=0.147/131.7762*131.7762
=0.147

Current CPI (Mar. 2024) = 131.7762.

Kamada Quarterly Data

per share eps CPI Adj_EPS
201406 -0.844 100.560 -1.106
201409 -0.330 100.428 -0.433
201412 0.184 99.070 0.245
201503 -0.551 99.621 -0.729
201506 -0.220 100.684 -0.288
201509 -0.477 100.392 -0.626
201512 0.110 99.792 0.145
201603 -0.220 100.470 -0.289
201606 -0.147 101.688 -0.190
201609 -0.110 101.861 -0.142
201612 -0.184 101.863 -0.238
201703 -0.404 102.862 -0.518
201706 0.477 103.349 0.608
201709 -0.037 104.136 -0.047
201712 0.587 104.011 0.744
201803 0.110 105.290 0.138
201806 0.514 106.317 0.637
201809 -0.220 106.507 -0.272
201812 1.615 105.998 2.008
201903 0.441 107.251 0.542
201906 0.551 108.070 0.672
201909 0.514 108.329 0.625
201912 0.477 108.420 0.580
202003 0.441 108.902 0.534
202006 0.367 108.767 0.445
202009 0.551 109.815 0.661
202012 0.147 109.897 0.176
202103 0.220 111.754 0.259
202106 0.073 114.631 0.084
202109 -0.073 115.734 -0.083
202112 -0.404 117.630 -0.453
202203 -0.147 121.301 -0.160
202206 -0.330 125.017 -0.348
202209 0.037 125.227 0.039
202212 0.257 125.222 0.270
202303 -0.147 127.348 -0.152
202306 0.147 128.729 0.150
202309 0.220 129.860 0.223
202312 0.330 129.419 0.336
202403 0.147 131.776 0.147

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


Kamada  (XTAE:KMDA) 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.

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

Shiller PE Ratio=Share Price/E10
=19.17/0.42
=45.64

* 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 Kamada was 69.41. The lowest was 45.45. And the median was 58.65.


Be Aware

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


Kamada E10 Related Terms

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


Kamada (XTAE:KMDA) Business Description

Traded in Other Exchanges
Address
2 Holzman Street, P.O. Box 4081, Science Park, Rehovot, ISR, 7670402
Kamada Ltd is a drug-focused, plasma-derived protein therapeutics company. It is involved in the business of developing, producing, and marketing specialty therapeutics using protein purification proprietary technology. Its product portfolio consists of Glassia, Bramitob, Foster, Ixiaro, Factor-IX, and others. The company has two segments namely, Proprietary Products segment and Distribution segment. It derives the majority of its revenue from the Proprietary products segment. The firm categorizes its products in Lung Disease, Vaccines, Haemophilia, Immunoglobulins, Critical care, and Diagnostics.

Kamada (XTAE:KMDA) Headlines

From GuruFocus