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PRIO (PTRRY) E10 : $0.32 (As of Mar. 2024)


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What is PRIO 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.

PRIO's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.249. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PRIO's average E10 Growth Rate was 393.80% 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.

As of today (2024-06-08), PRIO's current stock price is $7.87. PRIO's E10 for the quarter that ended in Mar. 2024 was $0.32. PRIO's Shiller PE Ratio of today is 24.59.

During the past 13 years, the highest Shiller PE Ratio of PRIO was 356.25. The lowest was 24.19. And the median was 93.69.


PRIO E10 Historical Data

The historical data trend for PRIO'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.

PRIO E10 Chart

PRIO 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 - - -0.06 0.01 0.29

PRIO Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.06 0.09 0.14 0.29 0.32

Competitive Comparison of PRIO's E10

For the Oil & Gas E&P subindustry, PRIO'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.


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

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

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



PRIO 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, PRIO's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.249/159.3724*159.3724
=0.249

Current CPI (Mar. 2024) = 159.3724.

PRIO Quarterly Data

per share eps CPI Adj_EPS
201406 0.015 91.838 0.026
201409 0.014 92.602 0.024
201412 -1.303 94.194 -2.205
201503 -0.057 97.799 -0.093
201506 -0.018 100.006 -0.029
201509 0.000 101.392 0.000
201512 0.070 104.247 0.107
201603 -0.027 106.979 -0.040
201606 -0.046 108.851 -0.067
201609 0.033 109.986 0.048
201612 0.130 110.802 0.187
201703 0.002 111.869 0.003
201706 0.022 112.115 0.031
201709 0.009 112.777 0.013
201712 -0.008 114.068 -0.011
201803 0.013 114.868 0.018
201806 0.308 117.038 0.419
201809 0.286 117.881 0.387
201812 0.254 118.340 0.342
201903 -0.022 120.124 -0.029
201906 0.065 120.977 0.086
201909 -0.037 121.292 -0.049
201912 0.289 123.436 0.373
202003 -0.019 124.092 -0.024
202006 -0.029 123.557 -0.037
202009 -0.030 125.095 -0.038
202012 0.207 129.012 0.256
202103 -0.015 131.660 -0.018
202106 0.104 133.871 0.124
202109 0.020 137.913 0.023
202112 0.186 141.992 0.209
202203 0.253 146.537 0.275
202206 0.149 149.784 0.159
202209 0.177 147.800 0.191
202212 0.207 150.207 0.220
202303 0.261 153.352 0.271
202306 0.204 154.519 0.210
202309 0.390 155.464 0.400
202312 0.374 157.148 0.379
202403 0.249 159.372 0.249

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


PRIO  (OTCPK:PTRRY) 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.

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

Shiller PE Ratio=Share Price/E10
=7.87/0.32
=24.59

* 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 PRIO was 356.25. The lowest was 24.19. And the median was 93.69.


Be Aware

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


PRIO E10 Related Terms

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


PRIO (PTRRY) Business Description

Traded in Other Exchanges
Address
Praia de Botafogo, 370, 13th Floor, Botafogo, Rio de Janeiro, RJ, BRA
PRIO SA is engaged in the exploration and production of oil and gas in Brazil and abroad. The company is engaged in oil and gas exploration and production in Brazil and overseas. Its exploration assets comprise Hammer shark field, Octopus field, Campo de Frade, East Albacora field, and Wahoo block.

PRIO (PTRRY) Headlines