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China Petroleum & Chemical (BSP:C1HI34) E10 : R$0.00 (As of Sep. 2023)


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What is China Petroleum & Chemical E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

China Petroleum & Chemical's adjusted earnings per share data for the three months ended in Sep. 2023 was R$0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$0.00 for the trailing ten years ended in Sep. 2023.

During the past 12 months, China Petroleum & Chemical's average E10 Growth Rate was -5.00% per year. During the past 3 years, the average E10 Growth Rate was -4.20% per year. During the past 5 years, the average E10 Growth Rate was -2.00% per year. During the past 10 years, the average E10 Growth Rate was 0.30% 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 China Petroleum & Chemical was 11.70% per year. The lowest was -4.20% per year. And the median was 1.35% per year.

As of today (2024-05-15), China Petroleum & Chemical's current stock price is R$40.08. China Petroleum & Chemical's E10 for the quarter that ended in Sep. 2023 was R$0.00. China Petroleum & Chemical's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of China Petroleum & Chemical was 13.11. The lowest was 4.93. And the median was 8.44.


China Petroleum & Chemical E10 Historical Data

The historical data trend for China Petroleum & Chemical'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.

China Petroleum & Chemical E10 Chart

China Petroleum & Chemical Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6.76 7.01 -

China Petroleum & Chemical Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Competitive Comparison of China Petroleum & Chemical's E10

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical'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.


China Petroleum & Chemical's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where China Petroleum & Chemical's Shiller PE Ratio falls into.



China Petroleum & Chemical 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, China Petroleum & Chemical's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0/115.3387*115.3387
=0.000

Current CPI (Sep. 2023) = 115.3387.

China Petroleum & Chemical Quarterly Data

per share eps CPI Adj_EPS
201312 0.007 97.624 0.008
201403 0.008 98.600 0.009
201406 0.009 98.200 0.011
201409 0.010 98.900 0.012
201412 -0.003 99.000 -0.003
201503 0.002 99.900 0.002
201506 0.016 99.500 0.019
201509 0.001 100.500 0.001
201512 0.005 100.600 0.006
201603 0.005 102.200 0.006
201606 0.010 101.400 0.011
201609 0.007 102.400 0.008
201612 0.011 102.600 0.012
201703 0.011 103.200 0.012
201706 0.007 103.100 0.008
201709 0.007 104.100 0.008
201712 0.008 104.500 0.009
201803 0.014 105.300 0.015
201806 0.019 104.900 0.021
201809 0.015 106.600 0.016
201812 0.001 106.500 0.001
201903 0.012 107.700 0.013
201906 0.013 107.700 0.014
201909 0.010 109.800 0.011
201912 0.012 111.200 0.012
202003 -0.018 112.300 -0.018
202006 -0.003 110.400 -0.003
202009 0.051 111.700 0.053
202012 0.011 111.500 0.011
202103 0.022 112.662 0.023
202106 0.023 111.769 0.024
202109 0.000 112.215 0.000
202112 0.000 113.108 0.000
202203 0.025 114.335 0.025
202206 0.000 114.558 0.000
202209 0.000 115.339 0.000
202212 0.000 115.116 0.000
202303 0.000 115.116 0.000
202306 0.000 114.558 0.000
202309 0.000 115.339 0.000

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


China Petroleum & Chemical  (BSP:C1HI34) 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.

During the past 13 years, the highest Shiller P/E Ratio of China Petroleum & Chemical was 13.11. The lowest was 4.93. And the median was 8.44.


Be Aware

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


China Petroleum & Chemical E10 Related Terms

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


China Petroleum & Chemical (BSP:C1HI34) Business Description

Address
No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2022, Sinopec's production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.

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