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Golar LNG (STU:G20) E10 : €-0.56 (As of Mar. 2024)


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What is Golar LNG 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.

Golar LNG's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.486. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.56 for the trailing ten years ended in Mar. 2024.

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 Golar LNG was 37.60% per year. The lowest was -50.40% per year. And the median was -18.70% per year.

As of today (2024-06-02), Golar LNG's current stock price is €23.78. Golar LNG's E10 for the quarter that ended in Mar. 2024 was €-0.56. Golar LNG's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Golar LNG was 124.45. The lowest was 8.16. And the median was 24.88.


Golar LNG E10 Historical Data

The historical data trend for Golar LNG'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.

Golar LNG E10 Chart

Golar LNG 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 0.34 0.09 0.37 -0.33 -0.58

Golar LNG 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 -0.55 -0.64 -0.55 -0.58 -0.56

Competitive Comparison of Golar LNG's E10

For the Oil & Gas Midstream subindustry, Golar LNG'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.


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

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

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



Golar LNG 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, Golar LNG'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)
=0.486/131.7762*131.7762
=0.486

Current CPI (Mar. 2024) = 131.7762.

Golar LNG Quarterly Data

per share eps CPI Adj_EPS
201406 -0.221 100.560 -0.290
201409 0.065 100.428 0.085
201412 -0.344 99.070 -0.458
201503 0.213 99.621 0.282
201506 -0.025 100.684 -0.033
201509 -1.443 100.392 -1.894
201512 -0.696 99.792 -0.919
201603 -0.831 100.470 -1.090
201606 -0.809 101.688 -1.048
201609 -0.232 101.861 -0.300
201612 0.081 101.863 0.105
201703 -0.608 102.862 -0.779
201706 -0.650 103.349 -0.829
201709 -0.361 104.136 -0.457
201712 0.032 104.011 0.041
201803 -0.170 105.290 -0.213
201806 0.308 106.317 0.382
201809 0.566 106.507 0.700
201812 -2.716 105.998 -3.377
201903 -0.363 107.251 -0.446
201906 -0.991 108.070 -1.208
201909 -1.395 108.329 -1.697
201912 0.220 108.420 0.267
202003 -0.950 108.902 -1.150
202006 -1.510 108.767 -1.829
202009 -0.189 109.815 -0.227
202012 0.061 109.897 0.073
202103 0.193 111.754 0.228
202106 3.559 114.631 4.091
202109 -0.697 115.734 -0.794
202112 0.065 117.630 0.073
202203 2.887 121.301 3.136
202206 2.019 125.017 2.128
202209 1.323 125.227 1.392
202212 0.614 125.222 0.646
202303 -0.886 127.348 -0.917
202306 -0.040 128.729 -0.041
202309 0.806 129.860 0.818
202312 -0.284 129.419 -0.289
202403 0.486 131.776 0.486

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


Golar LNG  (STU:G20) 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.

During the past 13 years, the highest Shiller P/E Ratio of Golar LNG was 124.45. The lowest was 8.16. And the median was 24.88.


Be Aware

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


Golar LNG E10 Related Terms

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


Golar LNG (STU:G20) Business Description

Traded in Other Exchanges
Address
9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification, liquefaction, and trading of LNG. The segment in which the group operates includes Shipping, FLNG (Floating Liquefaction Natural Gas vessels), Power, and Corporate and other. It generates maximum revenue from the FLNG segment.

Golar LNG (STU:G20) Headlines

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