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Gazprom PJSC (BUE:OGZD LI) E10 : ARS133.64 (As of Jun. 2023)


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What is Gazprom PJSC 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.

Gazprom PJSC's adjusted earnings per share data for the three months ended in Jun. 2023 was ARS-2.323. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS133.64 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Gazprom PJSC's average E10 Growth Rate was 13.80% 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.

As of today (2024-05-24), Gazprom PJSC's current stock price is ARS348.00. Gazprom PJSC's E10 for the quarter that ended in Jun. 2023 was ARS133.64. Gazprom PJSC's Shiller PE Ratio of today is 2.60.

During the past 13 years, the highest Shiller PE Ratio of Gazprom PJSC was 6.54. The lowest was 2.41. And the median was 3.48.


Gazprom PJSC E10 Historical Data

The historical data trend for Gazprom PJSC'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.

Gazprom PJSC E10 Chart

Gazprom PJSC 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 - - 108.46 150.25 -

Gazprom PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23
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 150.42 150.25 108.70 - 133.64

Competitive Comparison of Gazprom PJSC's E10

For the Oil & Gas Integrated subindustry, Gazprom PJSC'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.


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

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

* The bar in red indicates where Gazprom PJSC's Shiller PE Ratio falls into.



Gazprom PJSC 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, Gazprom PJSC's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-2.323/238.3000*238.3000
=-2.323

Current CPI (Jun. 2023) = 238.3000.

Gazprom PJSC Quarterly Data

per share eps CPI Adj_EPS
201212 2.798 117.300 5.684
201303 2.718 119.500 5.420
201306 1.429 121.400 2.805
201309 2.134 122.800 4.141
201312 2.370 124.900 4.522
201403 2.168 127.800 4.043
201406 2.384 130.900 4.340
201409 0.985 132.700 1.769
201412 -2.617 139.000 -4.487
201503 2.553 149.400 4.072
201506 2.090 150.900 3.301
201509 -0.013 153.500 -0.020
201512 0.871 157.000 1.322
201603 3.407 160.200 5.068
201606 2.337 162.200 3.433
201609 1.088 163.300 1.588
201612 2.877 165.400 4.145
201703 4.155 167.000 5.929
201706 0.602 169.200 0.848
201709 2.746 168.200 3.890
201712 1.987 169.600 2.792
201803 5.919 171.000 8.249
201806 4.652 173.100 6.404
201809 9.821 173.900 13.458
201812 10.771 176.800 14.518
201903 14.604 179.900 19.345
201906 9.636 181.200 12.673
201909 6.639 180.800 8.750
201912 6.173 182.200 8.074
202003 -3.837 184.500 -4.956
202006 6.174 187.000 7.868
202009 -9.994 187.400 -12.708
202012 16.271 191.100 20.290
202103 22.347 195.200 27.281
202106 28.301 199.100 33.873
202109 32.811 201.300 38.842
202112 31.089 207.200 35.755
202206 82.953 230.800 85.649
202212 0.000 231.900 0.000
202306 -2.323 238.300 -2.323

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


Gazprom PJSC  (BUE:OGZD LI) 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.

Gazprom PJSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=348.00/133.64
=2.60

* 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 Gazprom PJSC was 6.54. The lowest was 2.41. And the median was 3.48.


Be Aware

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


Gazprom PJSC E10 Related Terms

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


Gazprom PJSC (BUE:OGZD LI) Business Description

Traded in Other Exchanges
Address
St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229
Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.

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