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Imax (IMAX) E10 : $0.04 (As of Mar. 2024)


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What is Imax 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.

Imax's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Imax's average E10 Growth Rate was -42.90% per year. During the past 3 years, the average E10 Growth Rate was -44.20% per year. During the past 5 years, the average E10 Growth Rate was -43.90% per year. During the past 10 years, the average E10 Growth Rate was -10.30% 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 Imax was 56.00% per year. The lowest was -52.40% per year. And the median was -2.70% per year.

As of today (2024-06-08), Imax's current stock price is $15.12. Imax's E10 for the quarter that ended in Mar. 2024 was $0.04. Imax's Shiller PE Ratio of today is 378.00.

During the past 13 years, the highest Shiller PE Ratio of Imax was 428.75. The lowest was 13.97. And the median was 107.06.


Imax E10 Historical Data

The historical data trend for Imax'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.

Imax E10 Chart

Imax 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 0.65 0.23 0.18 0.07 0.04

Imax 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 0.07 0.07 0.09 0.04 0.04

Competitive Comparison of Imax's E10

For the Entertainment subindustry, Imax'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.


Imax's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Imax's Shiller PE Ratio distribution charts can be found below:

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



Imax 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, Imax'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)
=0.06/126.2576*126.2576
=0.060

Current CPI (Mar. 2024) = 126.2576.

Imax Quarterly Data

per share eps CPI Adj_EPS
201406 0.190 99.473 0.241
201409 0.070 99.394 0.089
201412 0.300 98.367 0.385
201503 0.002 99.789 0.003
201506 0.340 100.500 0.427
201509 0.120 100.421 0.151
201512 0.320 99.947 0.404
201603 0.160 101.054 0.200
201606 0.090 102.002 0.111
201609 0.040 101.765 0.050
201612 0.130 101.449 0.162
201703 0.001 102.634 0.001
201706 -0.030 103.029 -0.037
201709 -0.010 103.345 -0.012
201712 0.080 103.345 0.098
201803 0.130 105.004 0.156
201806 0.120 105.557 0.144
201809 0.080 105.636 0.096
201812 0.030 105.399 0.036
201903 0.130 106.979 0.153
201906 0.190 107.690 0.223
201909 0.150 107.611 0.176
201912 0.290 107.769 0.340
202003 -0.820 107.927 -0.959
202006 -0.440 108.401 -0.512
202009 -0.800 108.164 -0.934
202012 -0.360 108.559 -0.419
202103 -0.250 110.298 -0.286
202106 -0.160 111.720 -0.181
202109 -0.140 112.905 -0.157
202112 0.170 113.774 0.189
202203 -0.230 117.646 -0.247
202206 -0.050 120.806 -0.052
202209 -0.160 120.648 -0.167
202212 0.050 120.964 0.052
202303 0.040 122.702 0.041
202306 0.150 124.203 0.152
202309 0.220 125.230 0.222
202312 0.050 125.072 0.050
202403 0.060 126.258 0.060

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


Imax  (NYSE:IMAX) 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.

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

Shiller PE Ratio=Share Price/E10
=15.12/0.04
=378.00

* 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 Imax was 428.75. The lowest was 13.97. And the median was 107.06.


Be Aware

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


Imax E10 Related Terms

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


Imax (IMAX) Business Description

Traded in Other Exchanges
Address
2525 Speakman Drive, Mississauga, ON, CAN, L5K 1B1
Imax is now primarily a technology hardware and brand-licensing company that does not operate the vast majority of Imax theaters. Instead, the firm generates revenue via selling and leasing the required proprietary equipment and via fees for digitally remastering standard films into the proprietary Imax format. The firm has expanded from 210 commercial theaters in 2008 to over 1,630 today and increased the annual number of Imax releases from 13 in 2007 to 68 in 2028. Roughly 70% of the firm's screens are in China (48%) and the U.S. (22%), but Imax has screens in 87 countries.
Executives
Calamera Pablo officer: CTO & EVP C/O IMAX CORPORATION, 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Kenneth Ian Weissman officer: Sr VP & Corporate Secretary 902 BROADWAY AVE, 20TH FLOOR, NEW YORK NY 10010-6002
Richard L Gelfond director, officer: Chief Executive Officer 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002
Denny Tu officer: Chief Marketing Officer 12582 WEST MILLENNIUM DRIVE, PLAYA VISTA CA 90094
Daniel Manwaring officer: CEO, IMAX China Holding, Inc. IMAX CORPORATION, 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Mark Welton officer: Executive Vice President 2525 SPEAKMAN DRIVE, C/O IMAX CORP, MISSISSAUGA A6 L5K 1B1
Gail Berman director 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Elizabeth Gitajn officer: SVP, Finance & Controller 2525 SPEAKMAN DRIVE, MISSISSAUGA, ONTARIO Z4 L5K 1B1
Jennifer L. Wong director C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281
Michele Golden officer: Global Chief People Officer 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Natasha Fernandes officer: Chief Financial Officer 2525 SPEAKMAN DRIVE, MISSISSAUGA A6 L5K1B1
Jacqueline Bassani officer: Chief People Officer 2525 SPEAKMAN DRIVE, MISSISSAUGA A6 L5K1B1
Robert D Lister officer: Exec VP Bus&Legal Affairs 902 BROADWAY, 20TH FLOOR, C/O IMAX CORP, NEW YORK NY 10022
Steve Pamon director 1241 E MAIN ST, STAMFORD CT 06902-3520
Megan Colligan officer: President IMAX Entertainment 12582 WEST MILLENNNIUM DRIVE, LOS ANGELES CA 90094