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Gibson Energy (STU:8GB) E10 : €0.30 (As of Mar. 2024)


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What is Gibson Energy 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.

Gibson Energy's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gibson Energy's average E10 Growth Rate was 2.30% per year. During the past 3 years, the average E10 Growth Rate was 49.70% 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 Gibson Energy was 49.70% per year. The lowest was 49.70% per year. And the median was 49.70% per year.

As of today (2024-05-28), Gibson Energy's current stock price is €15.10. Gibson Energy's E10 for the quarter that ended in Mar. 2024 was €0.30. Gibson Energy's Shiller PE Ratio of today is 50.33.

During the past 13 years, the highest Shiller PE Ratio of Gibson Energy was 250.22. The lowest was 39.65. And the median was 59.90.


Gibson Energy E10 Historical Data

The historical data trend for Gibson Energy'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.

Gibson Energy E10 Chart

Gibson Energy 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 - - - - 0.32

Gibson Energy 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 - 0.33 0.32 0.32 0.30

Competitive Comparison of Gibson Energy's E10

For the Oil & Gas Midstream subindustry, Gibson Energy'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.


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

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

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



Gibson Energy 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, Gibson Energy'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)
=0.17/126.2576*126.2576
=0.170

Current CPI (Mar. 2024) = 126.2576.

Gibson Energy Quarterly Data

per share eps CPI Adj_EPS
201406 0.129 99.473 0.164
201409 0.049 99.394 0.062
201412 0.070 98.367 0.090
201503 -0.117 99.789 -0.148
201506 -0.036 100.500 -0.045
201509 -0.222 100.421 -0.279
201512 -1.131 99.947 -1.429
201603 0.231 101.054 0.289
201606 -0.704 102.002 -0.871
201609 -0.156 101.765 -0.194
201612 -0.199 101.449 -0.248
201703 0.712 102.634 0.876
201706 -0.027 103.029 -0.033
201709 -0.055 103.345 -0.067
201712 -0.404 103.345 -0.494
201803 -0.025 105.004 -0.030
201806 0.613 105.557 0.733
201809 0.013 105.636 0.016
201812 0.065 105.399 0.078
201903 0.278 106.979 0.328
201906 0.166 107.690 0.195
201909 0.219 107.611 0.257
201912 0.164 107.769 0.192
202003 0.220 107.927 0.257
202006 0.183 108.401 0.213
202009 0.071 108.164 0.083
202012 0.058 108.559 0.067
202103 0.147 110.298 0.168
202106 0.149 111.720 0.168
202109 0.161 112.905 0.180
202112 0.201 113.774 0.223
202203 0.251 117.646 0.269
202206 0.177 120.806 0.185
202209 0.363 120.648 0.380
202212 0.299 120.964 0.312
202303 0.416 122.702 0.428
202306 0.257 124.203 0.261
202309 0.076 125.230 0.077
202312 0.219 125.072 0.221
202403 0.170 126.258 0.170

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


Gibson Energy  (STU:8GB) 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.

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

Shiller PE Ratio=Share Price/E10
=15.10/0.3
=50.33

* 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 Gibson Energy was 250.22. The lowest was 39.65. And the median was 59.90.


Be Aware

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


Gibson Energy E10 Related Terms

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


Gibson Energy (STU:8GB) Business Description

Traded in Other Exchanges
Address
440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9
Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.

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