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Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) E10 : MAD19.09 (As of Dec. 2023)


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What is Societe Nationale d'Electrolyse et de Petrochimie 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.

Societe Nationale d'Electrolyse et de Petrochimie's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was MAD-19.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MAD19.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Societe Nationale d'Electrolyse et de Petrochimie's 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.

As of today (2024-05-24), Societe Nationale d'Electrolyse et de Petrochimie's current stock price is MAD 581.00. Societe Nationale d'Electrolyse et de Petrochimie's E10 for the fiscal year that ended in Dec. 2023 was MAD19.09. Societe Nationale d'Electrolyse et de Petrochimie's Shiller PE Ratio of today is 30.43.

During the past 11 years, the highest Shiller PE Ratio of Societe Nationale d'Electrolyse et de Petrochimie was 34.05. The lowest was 22.26. And the median was 26.16.


Societe Nationale d'Electrolyse et de Petrochimie E10 Historical Data

The historical data trend for Societe Nationale d'Electrolyse et de Petrochimie'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.

Societe Nationale d'Electrolyse et de Petrochimie E10 Chart

Societe Nationale d'Electrolyse et de Petrochimie 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 - - - 19.90 19.09

Societe Nationale d'Electrolyse et de Petrochimie Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - 19.90 - 19.09

Competitive Comparison of Societe Nationale d'Electrolyse et de Petrochimie's E10

For the Specialty Chemicals subindustry, Societe Nationale d'Electrolyse et de Petrochimie'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.


Societe Nationale d'Electrolyse et de Petrochimie's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Societe Nationale d'Electrolyse et de Petrochimie's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Societe Nationale d'Electrolyse et de Petrochimie's Shiller PE Ratio falls into.



Societe Nationale d'Electrolyse et de Petrochimie 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, Societe Nationale d'Electrolyse et de Petrochimie's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-19.43/129.4194*129.4194
=-19.430

Current CPI (Dec. 2023) = 129.4194.

Societe Nationale d'Electrolyse et de Petrochimie Annual Data

per_share_eps CPI Adj_EPS
201412 -5.430 99.070 -7.093
201512 -20.540 99.792 -26.638
201612 16.590 101.863 21.078
201712 31.900 104.011 39.693
201812 16.570 105.998 20.231
201912 23.810 108.420 28.422
202012 33.450 109.897 39.392
202112 52.570 117.630 57.839
202212 36.230 125.222 37.444
202312 -19.430 129.419 -19.430

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


Societe Nationale d'Electrolyse et de Petrochimie  (CAS:SNP) 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.

Societe Nationale d'Electrolyse et de Petrochimie's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=581.00/19.09
=30.43

* 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 11 years, the highest Shiller P/E Ratio of Societe Nationale d'Electrolyse et de Petrochimie was 34.05. The lowest was 22.26. And the median was 26.16.


Be Aware

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


Societe Nationale d'Electrolyse et de Petrochimie E10 Related Terms

Thank you for viewing the detailed overview of Societe Nationale d'Electrolyse et de Petrochimie's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Business Description

Traded in Other Exchanges
N/A
Address
Route Cotiere N 111 - Mohammadia, Casablanca, MAR
Societe Nationale d'Electrolyse et de Petrochimie manufactures vinyl products (PVC and Compound PVC) and products resulting from electrolysis (Soda, Chlorine, Bleach) and Hydrochloric Acid. The company ioffers its products to BTP, Irrigation, Drinking water supply and sanitation, Detergency and domestic and industrial hygiene, Water treatment, and Food industry.

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