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MV Oil Trust (MV Oil Trust) E10 : $1.63 (As of Dec. 2023)


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What is MV Oil Trust 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.

MV Oil Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MV Oil Trust's average E10 Growth Rate was -11.90% per year. During the past 3 years, the average E10 Growth Rate was -8.80% per year. During the past 5 years, the average E10 Growth Rate was -7.30% 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 MV Oil Trust was -4.80% per year. The lowest was -8.80% per year. And the median was -6.00% per year.

As of today (2024-04-29), MV Oil Trust's current stock price is $9.73. MV Oil Trust's E10 for the quarter that ended in Dec. 2023 was $1.63. MV Oil Trust's Shiller PE Ratio of today is 5.97.

During the past 13 years, the highest Shiller PE Ratio of MV Oil Trust was 8.69. The lowest was 0.93. And the median was 3.42.


MV Oil Trust E10 Historical Data

The historical data trend for MV Oil Trust'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.

MV Oil Trust E10 Chart

MV Oil Trust 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 2.34 2.15 1.97 1.85 1.63

MV Oil Trust 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 1.85 1.84 1.77 1.73 1.63

Competitive Comparison of MV Oil Trust's E10

For the Oil & Gas E&P subindustry, MV Oil Trust'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.


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

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

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



MV Oil Trust 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, MV Oil Trust'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)
=0.38/129.4194*129.4194
=0.380

Current CPI (Dec. 2023) = 129.4194.

MV Oil Trust Quarterly Data

per share eps CPI Adj_EPS
201403 0.830 99.695 1.077
201406 0.880 100.560 1.133
201409 0.790 100.428 1.018
201412 0.895 99.070 1.169
201503 0.610 99.621 0.792
201506 0.255 100.684 0.328
201509 0.200 100.392 0.258
201512 0.210 99.792 0.272
201603 0.100 100.470 0.129
201606 0.030 101.688 0.038
201609 0.110 101.861 0.140
201612 0.160 101.863 0.203
201703 0.120 102.862 0.151
201706 0.250 103.349 0.313
201709 0.225 104.136 0.280
201712 0.125 104.011 0.156
201803 0.220 105.290 0.270
201806 0.365 106.317 0.444
201809 0.420 106.507 0.510
201812 0.415 105.998 0.507
201903 0.315 107.251 0.380
201906 0.215 108.070 0.257
201909 0.305 108.329 0.364
201912 0.215 108.420 0.257
202003 0.190 108.902 0.226
202006 0.205 108.767 0.244
202009 0.000 109.815 0.000
202012 0.095 109.897 0.112
202103 0.110 111.754 0.127
202106 0.210 114.631 0.237
202109 0.300 115.734 0.335
202112 0.365 117.630 0.402
202203 0.410 121.301 0.437
202206 0.425 125.017 0.440
202209 0.700 125.227 0.723
202212 0.685 125.222 0.708
202303 0.410 127.348 0.417
202306 0.345 128.729 0.347
202309 0.325 129.860 0.324
202312 0.380 129.419 0.380

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


MV Oil Trust  (NYSE:MVO) 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.

MV Oil Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.73/1.63
=5.97

* 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 MV Oil Trust was 8.69. The lowest was 0.93. And the median was 3.42.


Be Aware

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


MV Oil Trust E10 Related Terms

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


MV Oil Trust (MV Oil Trust) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, Floor 16, Houston, TX, USA, 77002
Website
MV Oil Trust is a statutory trust. Its underlying properties consist of MV Partners, LLC's (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado. These oil and gas properties include producing oil and gas wells.
Executives
Vap I Llc 10 percent owner 1700 WATERFRONT PARKWAY, BUILDING 500, WICHITA KS 67206
Mv Energy Llc 10 percent owner 250 N. WATER, SUITE 300, WICHITA KS 67202
Mv Partners Llc 10 percent owner 250 N. WATER, SUITE 300, WICHITA KS 67202

MV Oil Trust (MV Oil Trust) Headlines

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