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DOGEF (Orsted AS) E10 : $2.50 (As of Jun. 2024)


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What is Orsted AS 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.

Orsted AS's adjusted earnings per share data for the three months ended in Jun. 2024 was $-0.591. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.50 for the trailing ten years ended in Jun. 2024.

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 (2024-09-25), Orsted AS's current stock price is $65.43. Orsted AS's E10 for the quarter that ended in Jun. 2024 was $2.50. Orsted AS's Shiller PE Ratio of today is 26.17.

During the past 11 years, the highest Shiller PE Ratio of Orsted AS was 25.38. The lowest was 21.42. And the median was 23.31.


Orsted AS E10 Historical Data

The historical data trend for Orsted AS'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.

Orsted AS E10 Chart

Orsted AS 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 - - - - -

Orsted AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - 2.50

Competitive Comparison of Orsted AS's E10

For the Utilities - Renewable subindustry, Orsted AS'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.


Orsted AS's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Orsted AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Orsted AS's Shiller PE Ratio falls into.



Orsted AS 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, Orsted AS's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.591/118.5000*118.5000
=-0.591

Current CPI (Jun. 2024) = 118.5000.

Orsted AS Quarterly Data

per share eps CPI Adj_EPS
201312 0.000 99.000 0.000
201412 0.000 99.400 0.000
201503 0.054 100.200 0.064
201506 0.033 100.300 0.039
201509 1.001 100.200 1.184
201512 -4.595 99.800 -5.456
201603 2.120 100.200 2.507
201606 -0.665 100.600 -0.783
201609 1.115 100.200 1.319
201612 0.113 100.300 0.134
201703 1.093 101.200 1.280
201706 1.541 101.200 1.804
201709 1.025 101.800 1.193
201712 3.228 101.300 3.776
201803 1.126 101.700 1.312
201806 -0.172 102.300 -0.199
201809 -0.328 102.400 -0.380
201812 5.917 102.100 6.867
201903 1.181 102.900 1.360
201906 0.514 102.900 0.592
201909 0.295 102.900 0.340
201912 0.336 102.900 0.387
202003 1.892 103.300 2.170
202006 -0.785 103.200 -0.901
202009 4.260 103.500 4.877
202012 0.234 103.400 0.268
202103 0.448 104.300 0.509
202106 2.090 105.000 2.359
202109 0.174 105.800 0.195
202112 1.138 106.600 1.265
202203 1.955 109.900 2.108
202206 0.043 113.600 0.045
202209 2.967 116.400 3.021
202212 -0.171 115.900 -0.175
202303 0.964 117.300 0.974
202306 -0.204 116.400 -0.208
202309 -7.699 117.400 -7.771
202312 -0.234 116.700 -0.238
202403 0.831 118.400 0.832
202406 -0.591 118.500 -0.591

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


Orsted AS  (OTCPK:DOGEF) 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.

Orsted AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=65.43/2.5
=26.17

* 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 Orsted AS was 25.38. The lowest was 21.42. And the median was 23.31.


Be Aware

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


Orsted AS E10 Related Terms

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


Orsted AS Business Description

Address
Kraftvaerksvej 53, Skaerbaek, Fredericia, DNK, DK-7000
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 8.9 gigawatts of offshore wind farms at the end of 2022. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the U.S. Orsted also operates 4.2 GW of onshore wind and solar assets concentrated in the United States. The company is also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.

Orsted AS Headlines