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VAALCO Energy (VAALCO Energy) E10 : $-0.18 (As of Dec. 2023)


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What is VAALCO Energy 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.

VAALCO Energy's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.18 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was 9.10% per year. During the past 5 years, the average E10 Growth Rate was -12.60% 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 VAALCO Energy was 64.20% per year. The lowest was -26.00% per year. And the median was 9.10% per year.

As of today (2024-04-25), VAALCO Energy's current stock price is $6.43. VAALCO Energy's E10 for the quarter that ended in Dec. 2023 was $-0.18. VAALCO Energy's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of VAALCO Energy was 23.00. The lowest was 7.33. And the median was 14.77.


VAALCO Energy E10 Historical Data

The historical data trend for VAALCO Energy'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.

VAALCO Energy E10 Chart

VAALCO Energy 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 -0.08 -0.24 -0.19 -0.13 -0.18

VAALCO Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.13 -0.15 -0.16 -0.16 -0.18

Competitive Comparison of VAALCO Energy's E10

For the Oil & Gas E&P subindustry, VAALCO Energy'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.


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

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

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



VAALCO Energy 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, VAALCO Energy's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.41/129.4194*129.4194
=0.410

Current CPI (Dec. 2023) = 129.4194.

VAALCO Energy Quarterly Data

per share eps CPI Adj_EPS
201403 -0.120 99.695 -0.156
201406 0.430 100.560 0.553
201409 0.050 100.428 0.064
201412 -1.700 99.070 -2.221
201503 -0.670 99.621 -0.870
201506 -0.090 100.684 -0.116
201509 -0.580 100.392 -0.748
201512 -1.380 99.792 -1.790
201603 -0.130 100.470 -0.167
201606 -0.010 101.688 -0.013
201609 -0.250 101.861 -0.318
201612 -0.060 101.863 -0.076
201703 0.070 102.862 0.088
201706 0.040 103.349 0.050
201709 -0.010 104.136 -0.012
201712 0.060 104.011 0.075
201803 0.150 105.290 0.184
201806 0.010 106.317 0.012
201809 1.280 106.507 1.555
201812 0.170 105.998 0.208
201903 0.100 107.251 0.121
201906 -0.010 108.070 -0.012
201909 -0.070 108.329 -0.084
201912 0.020 108.420 0.024
202003 -0.910 108.902 -1.081
202006 0.010 108.767 0.012
202009 0.130 109.815 0.153
202012 -0.060 109.897 -0.071
202103 0.170 111.754 0.197
202106 0.100 114.631 0.113
202109 0.530 115.734 0.593
202112 0.580 117.630 0.638
202203 0.200 121.301 0.213
202206 0.250 125.017 0.259
202209 0.110 125.227 0.114
202212 0.170 125.222 0.176
202303 0.030 127.348 0.030
202306 0.060 128.729 0.060
202309 0.060 129.860 0.060
202312 0.410 129.419 0.410

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


VAALCO Energy  (NYSE:EGY) 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.

During the past 13 years, the highest Shiller P/E Ratio of VAALCO Energy was 23.00. The lowest was 7.33. And the median was 14.77.


Be Aware

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


VAALCO Energy E10 Related Terms

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


VAALCO Energy (VAALCO Energy) Business Description

Traded in Other Exchanges
Address
9800 Richmond Avenue, Suite 700, Houston, TX, USA, 77042
VAALCO Energy Inc is an independent energy company operating in the United States. It is principally engaged in the acquisition, exploration, development, and production of crude oil and natural gas. The company operates through geographical segments namely Gabon, Egypt, Canada, Equatorial Guinea and Corporate and Other. The company generates maximum revenue from the Gabon segment.
Executives
Andrew Lawrence Fawthrop director 9800 RICHMOND AVE., SUITE 700, HOUSTON TX 77042
Maxwell George W.m. director, officer: Chief Executive Officer 9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Ronald Y Bain officer: Chief Financial Officer 9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Catherine L Stubbs director 522 HUNTERS PARK, HOUSTON TX 77024
Edward David Lafehr director 9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Thor Pruckl officer: Chief Operating Officer 9800 RICHMOND AVE STE 700, HOUSTON TX 77042-4685
Matthew R Powers officer: EVP, Gen. Counsel & Corp. Sect 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77042
Timothy Robertson Marchant director 9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
David Bruce Cook director 9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Fabrice Nze-bekale director 9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Bradley Louis Radoff 10 percent owner, other: See Explanation of Responses 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Jason Doornik officer: CAO & Controller 9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
David Desautels officer: Vice President 9800 RICHMOND AVENUE, STE 700, HOUSTON TX 77042
William R Thomas director 9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Cary M Bounds officer: Chief Operating Officer 9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042