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Rosneft Oil Co (MIC:ROSN) E10 : ₽56.96 (As of Dec. 2021)


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What is Rosneft Oil Co 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.

Rosneft Oil Co's adjusted earnings per share data for the three months ended in Dec. 2021 was ₽19.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₽56.96 for the trailing ten years ended in Dec. 2021.

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 (2024-10-31), Rosneft Oil Co's current stock price is ₽439.05. Rosneft Oil Co's E10 for the quarter that ended in Dec. 2021 was ₽56.96. Rosneft Oil Co's Shiller PE Ratio of today is 7.71.


Rosneft Oil Co E10 Historical Data

The historical data trend for Rosneft Oil Co'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.

Rosneft Oil Co E10 Chart

Rosneft Oil Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 56.96

Rosneft Oil Co Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 - 54.84 51.95 54.80 56.96

Competitive Comparison of Rosneft Oil Co's E10

For the Oil & Gas Integrated subindustry, Rosneft Oil Co'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.


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

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

* The bar in red indicates where Rosneft Oil Co's Shiller PE Ratio falls into.



Rosneft Oil Co 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, Rosneft Oil Co's adjusted earnings per share data for the three months ended in Dec. 2021 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=19.69/207.2000*207.2000
=19.690

Current CPI (Dec. 2021) = 207.2000.

Rosneft Oil Co Quarterly Data

per share eps CPI Adj_EPS
201203 12.200 111.700 22.631
201206 -0.100 113.600 -0.182
201209 20.180 115.700 36.139
201212 6.550 117.300 11.570
201303 26.200 119.500 45.428
201306 2.080 121.400 3.550
201309 13.300 122.800 22.441
201312 13.180 124.900 21.865
201403 8.110 127.800 13.149
201406 16.140 130.900 25.548
201409 0.000 132.700 0.000
201412 8.590 139.000 12.805
201503 5.280 149.400 7.323
201506 12.640 150.900 17.356
201509 10.570 153.500 14.268
201512 5.000 157.000 6.599
201603 1.130 160.200 1.462
201606 8.400 162.200 10.730
201609 2.450 163.300 3.109
201612 4.440 165.400 5.562
201703 1.040 167.000 1.290
201706 6.040 169.200 7.397
201709 5.280 168.200 6.504
201712 8.590 169.600 10.494
201803 7.640 171.000 9.257
201806 20.470 173.100 24.503
201809 13.400 173.900 15.966
201812 10.280 176.800 12.048
201903 12.360 179.900 14.236
201906 18.310 181.200 20.937
201909 21.230 180.800 24.330
201912 14.620 182.200 16.626
202003 -14.720 184.500 -16.531
202006 4.350 187.000 4.820
202009 -6.710 187.400 -7.419
202012 31.070 191.100 33.688
202103 15.680 195.200 16.644
202106 24.530 199.100 25.528
202109 33.050 201.300 34.019
202112 19.690 207.200 19.690

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


Rosneft Oil Co  (MIC:ROSN) 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.

Rosneft Oil Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=439.05/56.96
=7.71

* 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.


Be Aware

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


Rosneft Oil Co E10 Related Terms

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


Rosneft Oil Co Business Description

Traded in Other Exchanges
N/A
Address
26/1 Sofiyskaya Embankment, Moscow, RUS, 117997
Rosneft Oil Co is an integrated oil and gas company in which the Russian government is a majority shareholder. The company explores, produces, refines, transports, and sells oil and gas. The majority of revenue is generated from its oil segment, where crude and refined products are sold to international and domestic markets. Upstream, Rosneft's exploration and production is concentrated in Central Russia, with other fields throughout the country. The majority of its crude oil is exported to Europe and Asia. Downstream, the company has several refineries across Russia, which sell refined products to European and Russian markets. This includes many of Rosneft's filling stations, where the company captures additional revenue from gasoline and diesel fuel sales.