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Marathon Oil (Marathon Oil) Shiller PE Ratio

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Shiller PE for Stocks: The True Measure of Stock Valuation


Marathon Oil Shiller PE Ratio Historical Data

The historical data trend for Marathon Oil'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.

Marathon Oil 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 17.82 42.57 - - -

Marathon Oil 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 - - - - -

Competitive Comparison

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


Marathon Oil Shiller PE Ratio Distribution

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

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



Marathon Oil 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.

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

For example, Marathon Oil'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)
=0.68/129.4194*129.4194
=0.680

Current CPI (Dec. 2023) = 129.4194.

Marathon Oil Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.650 99.695 2.142
201406 0.800 100.560 1.030
201409 0.640 100.428 0.825
201412 1.370 99.070 1.790
201503 -0.410 99.621 -0.533
201506 -0.570 100.684 -0.733
201509 -1.110 100.392 -1.431
201512 -1.170 99.792 -1.517
201603 -0.560 100.470 -0.721
201606 -0.200 101.688 -0.255
201609 -0.230 101.861 -0.292
201612 -1.620 101.863 -2.058
201703 -5.840 102.862 -7.348
201706 -0.160 103.349 -0.200
201709 -0.700 104.136 -0.870
201712 -0.033 104.011 -0.041
201803 0.420 105.290 0.516
201806 0.110 106.317 0.134
201809 0.300 106.507 0.365
201812 0.470 105.998 0.574
201903 0.210 107.251 0.253
201906 0.200 108.070 0.240
201909 0.210 108.329 0.251
201912 -0.030 108.420 -0.036
202003 -0.060 108.902 -0.071
202006 -0.950 108.767 -1.130
202009 -0.400 109.815 -0.471
202012 -0.430 109.897 -0.506
202103 0.120 111.754 0.139
202106 0.020 114.631 0.023
202109 0.230 115.734 0.257
202112 0.840 117.630 0.924
202203 1.780 121.301 1.899
202206 1.370 125.017 1.418
202209 1.220 125.227 1.261
202212 0.820 125.222 0.847
202303 0.660 127.348 0.671
202306 0.470 128.729 0.473
202309 0.750 129.860 0.747
202312 0.680 129.419 0.680

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.


Marathon Oil  (NYSE:MRO) 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.


Marathon Oil Shiller PE Ratio Related Terms

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


Marathon Oil (Marathon Oil) Business Description

Traded in Other Exchanges
Address
990 Town and Country Boulevard, Houston, TX, USA, 77024-2217
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.
Executives
Dane E Whitehead officer: Executive VP and CFO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Michael A Henderson officer: Senior VP, Operations C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Patrick Wagner officer: See Remarks 1401 MC KINNEY ST., SUITE 2400, HOUSTON TX 77010
Lee M Tillman director, officer: President and CEO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST., HOUSTON TX 77056
Rob L. White officer: VP, Controller & CAO C/O MARATHON OIL CORPORATION, 990 TOWN & COUNTRY BOULEVARD, HOUSTON TX 77024
Shawn D. Williams director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Mark A Mccollum director 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77002
Kimberly O. Warnica officer: Senior VP & General Counsel 505 TRAILS END, HOUSTON TX 77024
Gary Eugene Wilson officer: VP, Controller & CAO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST., HOUSTON TX 77056
Holli C. Ladhani director 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Brent J Smolik director 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
James Kent Wells director 1700 LINCOLN STREET, SUITE 2800, DENVER CO 80203-4535
Jason Few director 2201 COLQUITT STREET, HOUSTON TX 77098
Thomas Mitchell Little officer: Executive VP - Operations C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
M Elise Hyland director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222

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