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PHX Energy Services (PHX Energy Services) E10 : $0.01 (As of Dec. 2023)


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What is PHX Energy Services 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.

PHX Energy Services's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.507. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.01 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average E10 Growth Rate was -30.70% 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 PHX Energy Services was -26.60% per year. The lowest was -54.60% per year. And the median was -35.70% per year.

As of today (2024-04-27), PHX Energy Services's current stock price is $6.68. PHX Energy Services's E10 for the quarter that ended in Dec. 2023 was $0.01. PHX Energy Services's Shiller PE Ratio of today is 668.00.

During the past 13 years, the highest Shiller PE Ratio of PHX Energy Services was 970.00. The lowest was 1.89. And the median was 12.22.


PHX Energy Services E10 Historical Data

The historical data trend for PHX Energy Services'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.

PHX Energy Services E10 Chart

PHX Energy Services 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 0.02 - -0.01 0.01

PHX Energy Services 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 -0.01 -0.01 0.03 0.03 0.01

Competitive Comparison of PHX Energy Services's E10

For the Oil & Gas Drilling subindustry, PHX Energy Services'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.


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

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

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



PHX Energy Services 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, PHX Energy Services'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)
=0.507/125.4675*125.4675
=0.507

Current CPI (Dec. 2023) = 125.4675.

PHX Energy Services Quarterly Data

per share eps CPI Adj_EPS
201403 0.225 98.604 0.286
201406 -0.028 99.473 -0.035
201409 0.336 99.394 0.424
201412 0.026 98.367 0.033
201503 -0.135 99.789 -0.170
201506 -0.186 100.500 -0.232
201509 -0.445 100.421 -0.556
201512 -0.051 99.947 -0.064
201603 -0.136 101.054 -0.169
201606 -0.248 102.002 -0.305
201609 -0.160 101.765 -0.197
201612 -0.232 101.449 -0.287
201703 -0.097 102.634 -0.119
201706 -0.135 103.029 -0.164
201709 -0.008 103.345 -0.010
201712 -0.070 103.345 -0.085
201803 -0.054 105.004 -0.065
201806 -0.001 105.557 -0.001
201809 0.046 105.636 0.055
201812 -0.238 105.399 -0.283
201903 -0.015 106.979 -0.018
201906 -0.030 107.690 -0.035
201909 0.038 107.611 0.044
201912 -0.023 107.769 -0.027
202003 -0.043 107.927 -0.050
202006 -0.066 108.401 -0.076
202009 -0.023 108.164 -0.027
202012 0.023 108.559 0.027
202103 0.080 110.298 0.091
202106 0.065 111.720 0.073
202109 0.071 112.905 0.079
202112 0.133 113.774 0.147
202203 -0.071 117.646 -0.076
202206 0.000 120.806 0.000
202209 0.202 120.648 0.210
202212 0.287 120.964 0.298
202303 0.307 122.702 0.314
202306 0.263 124.203 0.266
202309 0.370 125.230 0.371
202312 0.507 125.468 0.507

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


PHX Energy Services  (OTCPK:PHXHF) 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.

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

Shiller PE Ratio=Share Price/E10
=6.68/0.01
=668.00

* 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 PHX Energy Services was 970.00. The lowest was 1.89. And the median was 12.22.


Be Aware

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


PHX Energy Services E10 Related Terms

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


PHX Energy Services (PHX Energy Services) Business Description

Traded in Other Exchanges
Address
250-2nd Street South West, Suite 1400, Calgary, AB, CAN, T2P 0C1
PHX Energy Services Corp is an oil and natural gas service company. The firm, through its directional drilling subsidiary entities, provides horizontal and directional drilling services to oil and natural gas exploration and development companies principally in Canada and the us. PHX Energy has developed various new technologies that have positioned the corporation technology in the horizontal and directional drilling services sector in North America. The Corporation also operates in the Middle East regions through an arrangement with National Energy Services Reunited Corp.