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Gazprom Neft PJSC (XTER:SCF) E10 : €1.90 (As of Jun. 2023)


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What is Gazprom Neft PJSC 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.

Gazprom Neft PJSC's adjusted earnings per share data for the three months ended in Jun. 2023 was €1.688. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.90 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Gazprom Neft PJSC's average E10 Growth Rate was 33.10% per year. During the past 3 years, the average E10 Growth Rate was 11.30% per year. During the past 5 years, the average E10 Growth Rate was 9.80% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Gazprom Neft PJSC was 11.30% per year. The lowest was 4.20% per year. And the median was 9.30% per year.

As of today (2024-06-06), Gazprom Neft PJSC's current stock price is €12.52. Gazprom Neft PJSC's E10 for the quarter that ended in Jun. 2023 was €1.90. Gazprom Neft PJSC's Shiller PE Ratio of today is 6.59.

During the past 13 years, the highest Shiller PE Ratio of Gazprom Neft PJSC was 11.40. The lowest was 3.37. And the median was 6.41.


Gazprom Neft PJSC E10 Historical Data

The historical data trend for Gazprom Neft PJSC'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.

Gazprom Neft PJSC E10 Chart

Gazprom Neft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 1.73 1.60 2.17 1.50

Gazprom Neft PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Jun23
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 1.73 1.64 1.50 2.40 1.90

Competitive Comparison of Gazprom Neft PJSC's E10

For the Oil & Gas Integrated subindustry, Gazprom Neft PJSC'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.


Gazprom Neft PJSC's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gazprom Neft PJSC's Shiller PE Ratio falls into.



Gazprom Neft PJSC 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, Gazprom Neft PJSC's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=1.688/238.3000*238.3000
=1.688

Current CPI (Jun. 2023) = 238.3000.

Gazprom Neft PJSC Quarterly Data

per share eps CPI Adj_EPS
201209 1.489 115.700 3.067
201212 1.104 117.300 2.243
201303 1.043 119.500 2.080
201306 0.933 121.400 1.831
201309 1.410 122.800 2.736
201312 1.012 124.900 1.931
201403 0.816 127.800 1.522
201406 1.151 130.900 2.095
201409 1.086 132.700 1.950
201412 -0.265 139.000 -0.454
201503 0.666 149.400 1.062
201506 1.242 150.900 1.961
201509 0.266 153.500 0.413
201512 -0.282 157.000 -0.428
201603 0.584 160.200 0.869
201606 0.722 162.200 1.061
201609 0.855 163.300 1.248
201612 0.877 165.400 1.264
201703 1.096 167.000 1.564
201706 0.783 169.200 1.103
201709 1.194 168.200 1.692
201712 1.000 169.600 1.405
201803 1.046 171.000 1.458
201806 1.398 173.100 1.925
201809 1.832 173.900 2.510
201812 1.046 176.800 1.410
201903 1.559 179.900 2.065
201906 1.594 181.200 2.096
201909 1.561 180.800 2.057
201912 1.234 182.200 1.614
202003 -0.167 184.500 -0.216
202006 0.296 187.000 0.377
202009 0.319 187.400 0.406
202012 0.953 191.100 1.188
202103 0.987 195.200 1.205
202106 1.593 199.100 1.907
202109 1.723 201.300 2.040
202112 1.858 207.200 2.137
202206 3.880 230.800 4.006
202306 1.688 238.300 1.688

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


Gazprom Neft PJSC  (XTER:SCF) 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.

Gazprom Neft PJSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.52/1.9
=6.59

* 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 Gazprom Neft PJSC was 11.40. The lowest was 3.37. And the median was 6.41.


Be Aware

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


Gazprom Neft PJSC E10 Related Terms

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


Gazprom Neft PJSC (XTER:SCF) Business Description

Traded in Other Exchanges
Address
3-5 Pochtamtskaya Street, Saint Petersburg, RUS, 190000
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.

Gazprom Neft PJSC (XTER:SCF) Headlines

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