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CGC (Canopy Growth) E10 : $-18.50 (As of Jun. 2024)


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What is Canopy Growth 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.

Canopy Growth's adjusted earnings per share data for the three months ended in Jun. 2024 was $-1.167. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-18.50 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average E10 Growth Rate was -19.90% 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 Canopy Growth was -19.90% per year. The lowest was -36.40% per year. And the median was -28.15% per year.

As of today (2024-10-29), Canopy Growth's current stock price is $5.245. Canopy Growth's E10 for the quarter that ended in Jun. 2024 was $-18.50. Canopy Growth's Shiller PE Ratio of today is .


Canopy Growth E10 Historical Data

The historical data trend for Canopy Growth'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.

Canopy Growth E10 Chart

Canopy Growth Annual Data
Trend Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.53 -11.49 -12.43 -17.38 -18.50

Canopy Growth Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -18.17 -18.27 -18.66 -18.50 -18.50

Competitive Comparison of Canopy Growth's E10

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


Canopy Growth's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

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

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



Canopy Growth 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, Canopy Growth's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-1.167/127.5217*127.5217
=-1.167

Current CPI (Jun. 2024) = 127.5217.

Canopy Growth Quarterly Data

per share eps CPI Adj_EPS
201406 -0.268 99.473 -0.344
201409 -0.545 99.394 -0.699
201412 -0.607 98.367 -0.787
201506 0.162 100.500 0.206
201509 0.377 100.421 0.479
201512 -0.292 99.947 -0.373
201603 -0.529 101.054 -0.668
201606 -0.310 102.002 -0.388
201609 0.381 101.765 0.477
201612 0.150 101.449 0.189
201703 -0.747 102.634 -0.928
201706 -0.451 103.029 -0.558
201709 -0.081 103.345 -0.100
201712 0.078 103.345 0.096
201803 -2.552 105.004 -3.099
201806 -3.048 105.557 -3.682
201809 -11.662 105.636 -14.078
201812 -2.828 105.399 -3.422
201903 -7.329 106.979 -8.736
201906 -4.064 107.690 -4.812
201909 1.888 107.611 2.237
201912 -1.974 107.769 -2.336
202003 -26.862 107.927 -31.739
202006 -2.214 108.401 -2.605
202009 -0.680 108.164 -0.802
202012 -18.971 108.559 -22.285
202103 -14.719 110.298 -17.018
202106 6.874 111.720 7.846
202109 -0.237 112.905 -0.268
202112 -2.188 113.774 -2.452
202203 -11.532 117.646 -12.500
202206 -40.925 120.806 -43.200
202209 -4.648 120.648 -4.913
202212 -3.931 120.964 -4.144
202303 -9.355 122.702 -9.722
202306 -0.519 124.203 -0.533
202309 -3.178 125.230 -3.236
202312 -1.953 125.072 -1.991
202403 -0.525 126.258 -0.530
202406 -1.167 127.522 -1.167

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


Canopy Growth  (NAS:CGC) 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.


Canopy Growth E10 Related Terms

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


Canopy Growth Business Description

Traded in Other Exchanges
Address
1 Hershey Drive, Smiths Falls, ON, CAN, K7A 0A8
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include skincare products under Martha Stewart CBD and Storz & Bickel vaporizers. Canopy growth merged its US assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.
Executives
Christelle Gedeon officer: See Remarks 3 HOLLYHOCK COURT, TORONTO Z4 M3B 0B4
Hong Judy Eun Joo officer: See Remarks 1 HERSHEY DRIVE, SMITHS FALLS Z4 K7A 0A8
David Eric Klein director, officer: Chief Executive Officer 207 HIGH POINT DRIVE, VICTOR NY 14564
Theresa Yanofsky director 1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8
David Angelo Lazzarato director 1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8
Judy Schmeling director C/O HSN, INC., 1 HSN DRIVE, ST.PETERSBURG FL 33729
Thomas Carlton Stewart officer: See Remarks 1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8
Garth Hankinson director C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Greenstar Ii Holdings Llc 10 percent owner 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Greenstar Ii Llc 10 percent owner 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Rade Nikola Kovacevic officer: President 1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8
Phillip Stephen Shaer officer: Chief Legal Officer 1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8
Grant Julious C. Jr officer: Chief Commercial Officer 1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8
Sabia James A. Jr. director C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Tomas Iv Shipley officer: See Remarks 1 HERSHEY DRIVE, SMITHS FALLS A6 K7A 0A8