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Oil & Natural Gas (BOM:500312) E10 : ₹23.94 (As of Dec. 2023)


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What is Oil & Natural Gas 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.

Oil & Natural Gas's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was ₹28.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹23.94 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average E10 Growth Rate was 1.60% per year. During the past 5 years, the average E10 Growth Rate was 2.20% per year. During the past 10 years, the average E10 Growth Rate was 4.90% 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 Oil & Natural Gas was 12.90% per year. The lowest was -0.80% per year. And the median was 3.00% per year.

As of today (2024-04-29), Oil & Natural Gas's current stock price is ₹ 282.85. Oil & Natural Gas's E10 for the fiscal year that ended in Mar. 2023 was ₹23.94. Oil & Natural Gas's Shiller PE Ratio of today is 11.81.

During the past 13 years, the highest Shiller PE Ratio of Oil & Natural Gas was 11.82. The lowest was 2.96. And the median was 6.46.


Oil & Natural Gas E10 Historical Data

The historical data trend for Oil & Natural Gas'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.

Oil & Natural Gas E10 Chart

Oil & Natural Gas Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.59 22.85 22.17 23.02 23.94

Oil & Natural Gas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 23.94 - - -

Competitive Comparison of Oil & Natural Gas's E10

For the Oil & Gas Integrated subindustry, Oil & Natural Gas'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.


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

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

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



Oil & Natural Gas 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, Oil & Natural Gas's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=28.17/146.8646*146.8646
=28.170

Current CPI (Mar. 2023) = 146.8646.

Oil & Natural Gas Annual Data

per_share_eps CPI Adj_EPS
201403 20.653 91.425 33.177
201503 14.287 97.163 21.595
201603 10.030 102.518 14.369
201703 19.030 105.196 26.568
201803 17.230 109.786 23.049
201903 23.850 118.202 29.633
202003 8.590 124.705 10.116
202103 12.920 131.771 14.400
202203 36.190 138.822 38.287
202303 28.170 146.865 28.170

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


Oil & Natural Gas  (BOM:500312) 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.

Oil & Natural Gas's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=282.85/23.94
=11.81

* 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 Oil & Natural Gas was 11.82. The lowest was 2.96. And the median was 6.46.


Be Aware

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


Oil & Natural Gas E10 Related Terms

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


Oil & Natural Gas (BOM:500312) Business Description

Traded in Other Exchanges
Address
Plot No. 5A-5B, Nelson Mandela Road, Deendayal Urja Bhawan, Vasant Kunj, New Delhi, IND, 110070
Oil & Natural Gas Corp Ltd is an Indian-based company. It engages in the exploration, development, and production of oil and natural gas. The company operates onshore and offshore fields globally through joint ventures and partnerships. Crude oil production has been the lead revenue generator, with Russian assets providing the most production. Apart from the exploration and production operations, it engages in the transportation and refining of hydrocarbon products. Oil and Natural Gas Corp carries out its business as a public sector undertaking for the Government of India.

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