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Gibson Energy (Gibson Energy) E10 : $0.36 (As of Dec. 2023)


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What is Gibson 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.

Gibson Energy's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.239. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.36 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Gibson Energy's average E10 Growth Rate was 11.90% per year. During the past 3 years, the average E10 Growth Rate was 49.70% 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 Gibson Energy was 49.70% per year. The lowest was 49.70% per year. And the median was 49.70% per year.

As of today (2024-04-29), Gibson Energy's current stock price is $16.52. Gibson Energy's E10 for the quarter that ended in Dec. 2023 was $0.36. Gibson Energy's Shiller PE Ratio of today is 45.89.

During the past 13 years, the highest Shiller PE Ratio of Gibson Energy was 250.22. The lowest was 39.65. And the median was 60.16.


Gibson Energy E10 Historical Data

The historical data trend for Gibson 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.

Gibson Energy E10 Chart

Gibson 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 - 0.11 0.30 0.31 0.36

Gibson 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 0.31 0.32 0.37 0.34 0.36

Competitive Comparison of Gibson Energy's E10

For the Oil & Gas Midstream subindustry, Gibson 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.


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

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

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



Gibson 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, Gibson 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)
=0.239/125.4675*125.4675
=0.239

Current CPI (Dec. 2023) = 125.4675.

Gibson Energy Quarterly Data

per share eps CPI Adj_EPS
201403 0.333 98.604 0.424
201406 0.175 99.473 0.221
201409 0.064 99.394 0.081
201412 0.087 98.367 0.111
201503 -0.127 99.789 -0.160
201506 -0.040 100.500 -0.050
201509 -0.249 100.421 -0.311
201512 -1.232 99.947 -1.547
201603 0.257 101.054 0.319
201606 -0.791 102.002 -0.973
201609 -0.175 101.765 -0.216
201612 -0.210 101.449 -0.260
201703 0.762 102.634 0.932
201706 -0.030 103.029 -0.037
201709 -0.065 103.345 -0.079
201712 -0.478 103.345 -0.580
201803 -0.031 105.004 -0.037
201806 0.716 105.557 0.851
201809 0.015 105.636 0.018
201812 0.074 105.399 0.088
201903 0.314 106.979 0.368
201906 0.188 107.690 0.219
201909 0.242 107.611 0.282
201912 0.182 107.769 0.212
202003 0.244 107.927 0.284
202006 0.207 108.401 0.240
202009 0.083 108.164 0.096
202012 0.070 108.559 0.081
202103 0.175 110.298 0.199
202106 0.180 111.720 0.202
202109 0.189 112.905 0.210
202112 0.227 113.774 0.250
202203 0.276 117.646 0.294
202206 0.187 120.806 0.194
202209 0.360 120.648 0.374
202212 0.317 120.964 0.329
202303 0.446 122.702 0.456
202306 0.278 124.203 0.281
202309 0.081 125.230 0.081
202312 0.239 125.468 0.239

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


Gibson Energy  (OTCPK:GBNXF) 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.

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

Shiller PE Ratio=Share Price/E10
=16.52/0.36
=45.89

* 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 Gibson Energy was 250.22. The lowest was 39.65. And the median was 60.16.


Be Aware

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


Gibson Energy E10 Related Terms

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


Gibson Energy (Gibson Energy) Business Description

Traded in Other Exchanges
Address
440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9
Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.