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MNKD (MannKind) E10 : $-0.84 (As of Sep. 2024)


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What is MannKind 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.

MannKind's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.84 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average E10 Growth Rate was 24.20% per year. During the past 5 years, the average E10 Growth Rate was 24.30% per year. During the past 10 years, the average E10 Growth Rate was 23.10% 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 MannKind was 25.10% per year. The lowest was 16.70% per year. And the median was 24.35% per year.

As of today (2024-12-04), MannKind's current stock price is $6.71. MannKind's E10 for the quarter that ended in Sep. 2024 was $-0.84. MannKind's Shiller PE Ratio of today is .


MannKind E10 Historical Data

The historical data trend for MannKind'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.

MannKind E10 Chart

MannKind 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 -3.35 -2.53 -1.92 -1.47 -1.10

MannKind Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.21 -1.10 -1.02 -0.90 -0.84

Competitive Comparison of MannKind's E10

For the Biotechnology subindustry, MannKind'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.


MannKind's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, MannKind's Shiller PE Ratio distribution charts can be found below:

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



MannKind 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, MannKind's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.04/133.0289*133.0289
=0.040

Current CPI (Sep. 2024) = 133.0289.

MannKind Quarterly Data

per share eps CPI Adj_EPS
201412 -0.450 99.070 -0.604
201503 -0.400 99.621 -0.534
201506 -0.350 100.684 -0.462
201509 -0.400 100.392 -0.530
201512 -3.300 99.792 -4.399
201603 -0.290 100.470 -0.384
201606 -0.330 101.688 -0.432
201609 1.310 101.861 1.711
201612 0.560 101.863 0.731
201703 -0.170 102.862 -0.220
201706 -0.350 103.349 -0.451
201709 -0.310 104.136 -0.396
201712 -0.280 104.011 -0.358
201803 -0.250 105.290 -0.316
201806 -0.160 106.317 -0.200
201809 -0.160 106.507 -0.200
201812 -0.040 105.998 -0.050
201903 -0.080 107.251 -0.099
201906 -0.070 108.070 -0.086
201909 -0.050 108.329 -0.061
201912 -0.070 108.420 -0.086
202003 -0.040 108.902 -0.049
202006 -0.050 108.767 -0.061
202009 -0.050 109.815 -0.061
202012 -0.110 109.897 -0.133
202103 -0.050 111.754 -0.060
202106 -0.140 114.631 -0.162
202109 -0.020 115.734 -0.023
202112 -0.110 117.630 -0.124
202203 -0.100 121.301 -0.110
202206 -0.110 125.017 -0.117
202209 -0.060 125.227 -0.064
202212 -0.070 125.222 -0.074
202303 -0.040 127.348 -0.042
202306 -0.020 128.729 -0.021
202309 0.010 129.860 0.010
202312 0.010 129.419 0.010
202403 0.040 131.776 0.040
202406 -0.010 132.554 -0.010
202409 0.040 133.029 0.040

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


MannKind  (NAS:MNKD) 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.


MannKind E10 Related Terms

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


MannKind Business Description

Traded in Other Exchanges
Address
1 Casper Street, Danbury, CT, USA, 06810
MannKind Corp is a biopharmaceutical company focused on the development and commercialization of inhaled therapeutic products for patients with diseases such as diabetes and pulmonary arterial hypertension. Its approved product, Afrezza (insulin human) Inhalation Powder, is an ultra-rapid-acting inhaled insulin used to improve glycemic control in adults with diabetes. The product consists of a dry powder formulation of human insulin delivered from a small portable inhaler.
Executives
Steven B. Binder officer: Chief Financial Officer 30930 RUSSELL RANCH ROAD, SUITE 300, WESTLAKE VILLAGE CA 91362
Stuart A Tross officer: Corp VP, Chief People Officer ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
Michael Castagna officer: Chief Commercial Officer 25134 RYE CANYON LOOP, SUITE 300, VALENCIA CA 91355
David Thomson officer: VP & Assoc General Counsel 28903 NORTH AVENUE PAINE, VALENCIA CA 91355
Burkhard Blank officer: EVP Chief Medical Officer C/O ACORDA THERAPEUTICS, 420 SAW MILL RIVER ROAD, ARDSLEY NY 10502
Lauren M Sabella officer: EVP Chief Operating Officer C/O ACORDA THERAPEUTICS, 420 SAW MILL RIVER ROAD, ARDSLEY NY 10502
Sanjay R Singh officer: EVP Technical Operations 1 CASPER STREET, DANBURY CT 06810
Alejandro Galindo officer: Chief Commercial Officer 30930 RUSSELL RANCH RD, STE 300, WESTLAKE VILLAGE CA 91362
Anthony C Hooper director AMGEN INC., ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
Jennifer Grancio director 30930 RUSSELL RANCH ROAD SUITE 300, WESTLAKE VILLAGE CA 91362
Christine Mundkur director
Sabrina Kay director 30930 RUSSELL RANCH ROAD, SUITE 300, WESTLAKE VILLAGE CA 91362
David M Kendall officer: Chief Medical Officer 30930 RUSSELL RANCH ROAD, WESTLAKE VILLAGE CA 91362
Patrick Mccauley officer: Chief Commercial Officer 30930 RUSSELL RANCH ROAD, SUITE 300, WESTLAKE VILLAGE CA 91362
Barton Courtney officer: Chief Compliance Officer 30930 RUSSELL RANCH ROAD, WESTLAKE VILLAGE CA 91362