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Conpet (BSE:COTE) E10 : lei7.03 (As of Mar. 2024)


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What is Conpet 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.

Conpet's adjusted earnings per share data for the three months ended in Mar. 2024 was lei1.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is lei7.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Conpet's average E10 Growth Rate was 11.80% 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 (2024-05-23), Conpet's current stock price is lei90.00. Conpet's E10 for the quarter that ended in Mar. 2024 was lei7.03. Conpet's Shiller PE Ratio of today is 12.80.

During the past 13 years, the highest Shiller PE Ratio of Conpet was 12.99. The lowest was 11.15. And the median was 12.26.


Conpet E10 Historical Data

The historical data trend for Conpet'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.

Conpet E10 Chart

Conpet 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 - - - 6.03 6.82

Conpet 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 6.29 6.44 6.67 6.82 7.03

Competitive Comparison of Conpet's E10

For the Oil & Gas Midstream subindustry, Conpet'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.


Conpet's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Conpet's Shiller PE Ratio distribution charts can be found below:

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



Conpet 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, Conpet'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)
=1.5/131.7762*131.7762
=1.500

Current CPI (Mar. 2024) = 131.7762.

Conpet Quarterly Data

per share eps CPI Adj_EPS
201406 0.506 100.560 0.663
201409 0.534 100.428 0.701
201412 0.109 99.070 0.145
201503 0.557 99.621 0.737
201506 0.544 100.684 0.712
201509 0.532 100.392 0.698
201512 0.351 99.792 0.463
201603 2.130 100.470 2.794
201606 0.584 101.688 0.757
201609 0.618 101.861 0.799
201612 1.710 101.863 2.212
201703 2.260 102.862 2.895
201706 1.870 103.349 2.384
201709 2.670 104.136 3.379
201712 1.790 104.011 2.268
201803 1.320 105.290 1.652
201806 1.180 106.317 1.463
201809 2.550 106.507 3.155
201812 1.959 105.998 2.435
201903 1.670 107.251 2.052
201906 1.930 108.070 2.353
201909 2.180 108.329 2.652
201912 1.020 108.420 1.240
202003 1.880 108.902 2.275
202006 1.790 108.767 2.169
202009 1.980 109.815 2.376
202012 1.380 109.897 1.655
202103 1.100 111.754 1.297
202106 2.060 114.631 2.368
202109 1.690 115.734 1.924
202112 1.150 117.630 1.288
202203 2.170 121.301 2.357
202206 1.767 125.017 1.863
202209 2.150 125.227 2.262
202212 1.030 125.222 1.084
202303 2.080 127.348 2.152
202306 1.325 128.729 1.356
202309 2.340 129.860 2.375
202312 1.370 129.419 1.395
202403 1.500 131.776 1.500

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


Conpet  (BSE:COTE) 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.

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

Shiller PE Ratio=Share Price/E10
=90.00/7.03
=12.80

* 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 Conpet was 12.99. The lowest was 11.15. And the median was 12.26.


Be Aware

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


Conpet E10 Related Terms

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


Conpet (BSE:COTE) Business Description

Traded in Other Exchanges
N/A
Address
No.1-3. Anul 1848 Street, Prahova County, Ploiesti, ROU, 100559
Conpet SA operates in the energy sector. Its business includes midstream oil and gas activities related to the transportation of crude oil, rich gas, condensate, and ethane through the National Pipeline Transport System. Transmission operations are coordinated from the Central Dispatch Center. The company has a single reportable segment, namely transport services supply for its clients both via the National Transport System and by railway.