GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HF Sinclair Corp (NYSE:DINO) » Definitions » E10

HF Sinclair (HF Sinclair) E10 : $4.55 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is HF Sinclair 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.

HF Sinclair's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.55 for the trailing ten years ended in Dec. 2023.

During the past 12 months, HF Sinclair's average E10 Growth Rate was 12.30% per year. During the past 3 years, the average E10 Growth Rate was 7.60% per year. During the past 5 years, the average E10 Growth Rate was 3.40% per year. During the past 10 years, the average E10 Growth Rate was 4.20% 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 HF Sinclair was 51.60% per year. The lowest was -0.30% per year. And the median was 14.50% per year.

As of today (2024-05-05), HF Sinclair's current stock price is $54.42. HF Sinclair's E10 for the quarter that ended in Dec. 2023 was $4.55. HF Sinclair's Shiller PE Ratio of today is 11.96.

During the past 13 years, the highest Shiller PE Ratio of HF Sinclair was 25.44. The lowest was 4.70. And the median was 12.49.


HF Sinclair E10 Historical Data

The historical data trend for HF Sinclair'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.

HF Sinclair E10 Chart

HF Sinclair 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 4.09 3.65 3.54 4.05 4.55

HF Sinclair 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 4.05 4.09 4.23 4.64 4.55

Competitive Comparison of HF Sinclair's E10

For the Oil & Gas Refining & Marketing subindustry, HF Sinclair'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.


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

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

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



HF Sinclair 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, HF Sinclair'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)
=-0.34/129.4194*129.4194
=-0.340

Current CPI (Dec. 2023) = 129.4194.

HF Sinclair Quarterly Data

per share eps CPI Adj_EPS
201403 0.760 99.695 0.987
201406 0.890 100.560 1.145
201409 0.880 100.428 1.134
201412 -1.130 99.070 -1.476
201503 1.160 99.621 1.507
201506 1.880 100.684 2.417
201509 1.040 100.392 1.341
201512 -0.240 99.792 -0.311
201603 0.120 100.470 0.155
201606 -2.330 101.688 -2.965
201609 0.420 101.861 0.534
201612 0.300 101.863 0.381
201703 -0.260 102.862 -0.327
201706 0.330 103.349 0.413
201709 1.530 104.136 1.901
201712 2.920 104.011 3.633
201803 1.500 105.290 1.844
201806 1.940 106.317 2.362
201809 1.930 106.507 2.345
201812 0.810 105.998 0.989
201903 1.470 107.251 1.774
201906 1.150 108.070 1.377
201909 1.580 108.329 1.888
201912 0.370 108.420 0.442
202003 -1.880 108.902 -2.234
202006 -1.090 108.767 -1.297
202009 -0.010 109.815 -0.012
202012 -0.730 109.897 -0.860
202103 0.900 111.754 1.042
202106 1.030 114.631 1.163
202109 1.710 115.734 1.912
202112 -0.240 117.630 -0.264
202203 0.900 121.301 0.960
202206 5.430 125.017 5.621
202209 4.450 125.227 4.599
202212 2.920 125.222 3.018
202303 1.790 127.348 1.819
202306 2.620 128.729 2.634
202309 4.230 129.860 4.216
202312 -0.340 129.419 -0.340

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


HF Sinclair  (NYSE:DINO) 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.

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

Shiller PE Ratio=Share Price/E10
=54.42/4.55
=11.96

* 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 HF Sinclair was 25.44. The lowest was 4.70. And the median was 12.49.


Be Aware

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


HF Sinclair E10 Related Terms

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


HF Sinclair (HF Sinclair) Business Description

Traded in Other Exchanges
Address
2828 North Harwood, Suite 1300, Dallas, TX, USA, 75201
HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also has a 47% ownership stake in Holly Energy Partners, which owns and operates petroleum product pipelines and terminals principally in the southwestern United States, but has announced a proposal to purchase the remaining 53%.
Executives
James H Lee director 10000 MEMORIAL DRIVE STE 600, HOUSTON TX 77024-3411
Indira Agarwal officer: VP, Controller and CAO 2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Manuel J Fernandez director 1999 BRYAN STREET, DALLAS TX 75201
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Vaishali S. Bhatia officer: SVP, General Counsel & Sec 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Valerie Pompa officer: EVP, Operations 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Michael Jennings director, officer: Chief Executive Officer 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024
Steven Ledbetter officer: EVP, Commercial 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Carol Holding 10 percent owner 550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Leldon E Echols director P O BOX 199000, 2728 N HARWOOD STREET, DALLAS TX 75201
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Anne-marie Ainsworth director 333 CLAY STREET, SUITE 2400, HOUSTON TX 77002
Robert J. Kostelnik director 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024-3411
R Craig Knocke director 2828 N HARWOOD SUITE 1300, DALLAS TX 75201
Atanas H Atanasov officer: EVP and CFO C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136