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Coterra Energy (BSP:C1OG34) Shiller PE Ratio : 23.08 (As of Apr. 24, 2024)


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What is Coterra Energy Shiller PE Ratio?

As of today (2024-04-24), Coterra Energy's current share price is R$141.24. Coterra Energy's E10 for the quarter that ended in Dec. 2023 was R$6.12. Coterra Energy's Shiller PE Ratio for today is 23.08.

The historical rank and industry rank for Coterra Energy's Shiller PE Ratio or its related term are showing as below:

BSP:C1OG34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.44   Med: 63.32   Max: 152
Current: 22.58

During the past years, Coterra Energy's highest Shiller PE Ratio was 152.00. The lowest was 19.44. And the median was 63.32.

BSP:C1OG34's Shiller PE Ratio is ranked worse than
60.43% of 417 companies
in the Oil & Gas industry
Industry Median: 17.52 vs BSP:C1OG34: 22.58

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Coterra Energy's adjusted earnings per share data for the three months ended in Dec. 2023 was R$2.695. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$6.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coterra Energy Shiller PE Ratio Historical Data

The historical data trend for Coterra Energy's Shiller PE Ratio 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.

Coterra Energy Shiller PE Ratio Chart

Coterra Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.18 39.57 32.93 22.66 20.48

Coterra Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 22.66 20.84 21.26 22.17 20.48

Competitive Comparison of Coterra Energy's Shiller PE Ratio

For the Oil & Gas E&P subindustry, Coterra 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.


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

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

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



Coterra Energy Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Coterra Energy's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=141.24/6.12
=23.08

* 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.

Coterra Energy's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Coterra Energy'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)
=2.695/129.4194*129.4194
=2.695

Current CPI (Dec. 2023) = 129.4194.

Coterra Energy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.605 99.695 0.785
201406 0.626 100.560 0.806
201409 0.561 100.428 0.723
201412 -1.427 99.070 -1.864
201503 0.314 99.621 0.408
201506 -0.218 100.684 -0.280
201509 -0.156 100.392 -0.201
201512 -1.048 99.792 -1.359
201603 -0.444 100.470 -0.572
201606 -0.479 101.688 -0.610
201609 -0.065 101.861 -0.083
201612 -2.113 101.863 -2.685
201703 0.719 102.862 0.905
201706 0.165 103.349 0.207
201709 0.125 104.136 0.155
201712 -0.329 104.011 -0.409
201803 0.820 105.290 1.008
201806 0.339 106.317 0.413
201809 1.150 106.507 1.397
201812 2.485 105.998 3.034
201903 2.381 107.251 2.873
201906 1.658 108.070 1.986
201909 0.906 108.329 1.082
201912 1.478 108.420 1.764
202003 0.635 108.902 0.755
202006 0.415 108.767 0.494
202009 -0.216 109.815 -0.255
202012 1.698 109.897 2.000
202103 1.747 111.754 2.023
202106 0.402 114.631 0.454
202109 0.845 115.734 0.945
202112 6.560 117.630 7.218
202203 3.683 121.301 3.929
202206 7.673 125.017 7.943
202209 7.865 125.227 8.128
202212 6.924 125.222 7.156
202303 4.584 127.348 4.659
202306 1.310 128.729 1.317
202309 2.074 129.860 2.067
202312 2.695 129.419 2.695

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


Coterra Energy  (BSP:C1OG34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Coterra Energy Shiller PE Ratio Related Terms

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


Coterra Energy (BSP:C1OG34) Business Description

Traded in Other Exchanges
Address
840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024
Coterra is an independent exploration and production company with operations in Appalachia, the Permian Basin, and Oklahoma. It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2022, Coterra's proved reserves were 2.4 billion barrels of oil equivalent, with net production that year of approximately 633 million barrels of oil equivalent per day (of which 74% was natural gas).

Coterra Energy (BSP:C1OG34) Headlines

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