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Exxon Mobil (BUE:XOM) E10 : ARS682.82 (As of Sep. 2024)


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What is Exxon Mobil 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.

Exxon Mobil's adjusted earnings per share data for the three months ended in Sep. 2024 was ARS9,124.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS682.82 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Exxon Mobil's average E10 Growth Rate was -2.00% per year. During the past 3 years, the average E10 Growth Rate was 2.40% per year. During the past 5 years, the average E10 Growth Rate was -3.30% per year. During the past 10 years, the average E10 Growth Rate was -4.10% 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 Exxon Mobil was 20.60% per year. The lowest was -8.40% per year. And the median was 7.80% per year.

As of today (2024-12-14), Exxon Mobil's current stock price is ARS12100.00. Exxon Mobil's E10 for the quarter that ended in Sep. 2024 was ARS682.82. Exxon Mobil's Shiller PE Ratio of today is 17.72.

During the past 13 years, the highest Shiller PE Ratio of Exxon Mobil was 22.61. The lowest was 5.16. And the median was 12.04.


Exxon Mobil E10 Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil E10 Chart

Exxon Mobil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.82 149.88 203.12 373.53 1,079.52

Exxon Mobil Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 927.79 1,079.52 597.77 752.55 682.82

Competitive Comparison of Exxon Mobil's E10

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


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

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

* The bar in red indicates where Exxon Mobil's Shiller PE Ratio falls into.



Exxon Mobil 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, Exxon Mobil's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=9124.8/133.0289*133.0289
=9,124.800

Current CPI (Sep. 2024) = 133.0289.

Exxon Mobil Quarterly Data

per share eps CPI Adj_EPS
201412 66.698 99.070 89.561
201503 51.595 99.621 68.897
201506 45.432 100.684 60.027
201509 47.482 100.392 62.918
201512 43.359 99.792 57.800
201603 31.399 100.470 41.574
201606 28.658 101.688 37.491
201609 46.988 101.861 61.366
201612 32.498 101.863 42.441
201703 73.231 102.862 94.708
201706 64.303 103.349 82.770
201709 81.484 104.136 104.092
201712 188.086 104.011 240.560
201803 109.812 105.290 138.743
201806 114.724 106.317 143.548
201809 268.633 106.507 335.528
201812 265.820 105.998 333.608
201903 107.497 107.251 133.335
201906 163.078 108.070 200.742
201909 209.722 108.329 257.539
201912 397.494 108.420 487.716
202003 -43.449 108.902 -53.075
202006 -88.998 108.767 -108.850
202009 -55.680 109.815 -67.450
202012 -1,912.430 109.897 -2,314.976
202103 288.256 111.754 343.131
202106 521.015 114.631 604.634
202109 767.573 115.734 882.274
202112 1,050.296 117.630 1,187.795
202203 687.181 121.301 753.621
202206 2,532.947 125.017 2,695.279
202209 3,251.430 125.227 3,454.015
202212 2,590.192 125.222 2,751.681
202303 2,755.823 127.348 2,878.763
202306 2,328.000 128.729 2,405.767
202309 3,936.938 129.860 4,033.024
202312 3,447.550 129.419 3,543.702
202403 8,677.750 131.776 8,760.243
202406 9,581.850 132.554 9,616.193
202409 9,124.800 133.029 9,124.800

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


Exxon Mobil  (BUE:XOM) 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.

Exxon Mobil's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12100.00/682.82
=17.72

* 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 Exxon Mobil was 22.61. The lowest was 5.16. And the median was 12.04.


Be Aware

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


Exxon Mobil E10 Related Terms

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


Exxon Mobil Business Description

Address
22777 Springwoods Village Parkway, Spring, TX, USA, 77389-1425
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one of the world's largest refiners with a total global refining capacity of 4.5 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.