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BG Group (BG Group) E10 : $0.83 (As of Dec. 2015)


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What is BG Group 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.

BG Group's adjusted earnings per share data for the three months ended in Dec. 2015 was $-0.008. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.83 for the trailing ten years ended in Dec. 2015.

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.

As of today (2024-06-09), BG Group's current stock price is $15.50. BG Group's E10 for the quarter that ended in Dec. 2015 was $0.83. BG Group's Shiller PE Ratio of today is 18.67.


BG Group E10 Historical Data

The historical data trend for BG Group'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.

BG Group E10 Chart

BG Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 1.03 1.02 0.87 0.83

BG Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.87 0.90 0.95 0.90 0.83

Competitive Comparison of BG Group's E10

For the Oil & Gas E&P subindustry, BG Group'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.


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

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

* The bar in red indicates where BG Group's Shiller PE Ratio falls into.



BG Group 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, BG Group's adjusted earnings per share data for the three months ended in Dec. 2015 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=-0.008/100.4000*100.4000
=-0.008

Current CPI (Dec. 2015) = 100.4000.

BG Group Quarterly Data

per share eps CPI Adj_EPS
200603 0.283 80.400 0.353
200606 0.238 81.500 0.293
200609 0.220 81.900 0.270
200612 0.258 82.600 0.314
200703 0.248 82.800 0.301
200706 0.280 83.500 0.337
200709 0.225 83.500 0.271
200712 0.261 84.500 0.310
200803 0.450 84.900 0.532
200806 0.441 86.600 0.511
200809 0.362 87.500 0.415
200812 0.101 87.100 0.116
200903 0.299 87.300 0.344
200906 0.293 88.100 0.334
200909 0.213 88.300 0.242
200912 0.174 88.900 0.197
201003 0.282 89.400 0.317
201006 0.177 90.200 0.197
201009 0.250 90.400 0.278
201012 0.276 91.700 0.302
201103 0.175 92.600 0.190
201106 0.365 93.500 0.392
201109 0.310 94.500 0.329
201112 0.391 95.000 0.413
201203 0.356 95.400 0.375
201206 0.082 95.600 0.086
201209 0.377 96.400 0.393
201212 0.510 97.300 0.526
201303 0.353 97.800 0.362
201306 0.320 98.000 0.328
201309 0.357 98.700 0.363
201312 -0.316 99.200 -0.320
201403 0.324 99.300 0.328
201406 0.399 99.800 0.401
201409 0.441 100.000 0.443
201412 -1.470 99.900 -1.477
201503 0.070 99.600 0.071
201506 0.649 100.100 0.651
201509 -0.030 100.200 -0.030
201512 -0.008 100.400 -0.008

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


BG Group  (OTCPK:BRGXF) 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.

BG Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.50/0.83
=18.67

* 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.


Be Aware

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


BG Group E10 Related Terms

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


BG Group (BG Group) Business Description

Traded in Other Exchanges
N/A
Address
BG Group PLC was incorporated in United Kingdom on December 30, 1998. The Company specializes in the exploration, production, transmission and distribution of gas, oil and liquefied natural gas. Its two business segments are Upstream and LNG Shipping & Marketing. Upstream segment covers exploration and production activities for gas, oil and liquids, plus liquefaction operations associated with integrated LNG projects. LNG Shipping & Marketing segment covers the purchasing, shipping, marketing and sale of LNG, as well as the group's interests and capacity in regasification facilities. The Company's geographical areas of operations are Europe, Central Asia region, Africa, Middle East and Asia region, Americas, and Global LNG region, and Australia region.

BG Group (BG Group) Headlines

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