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Evolution Petroleum (Evolution Petroleum) E10

: $0.45 (As of Dec. 2023)
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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.

Evolution Petroleum's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Evolution Petroleum's average E10 Growth Rate was 12.50% per year. During the past 3 years, the average E10 Growth Rate was 16.30% per year. During the past 5 years, the average E10 Growth Rate was 15.70% per year. During the past 10 years, the average E10 Growth Rate was 19.90% 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 Evolution Petroleum was 73.10% per year. The lowest was 6.30% per year. And the median was 16.30% per year.

As of today (2024-04-18), Evolution Petroleum's current stock price is $5.63. Evolution Petroleum's E10 for the quarter that ended in Dec. 2023 was $0.45. Evolution Petroleum's Shiller PE Ratio of today is 12.51.

During the past 13 years, the highest Shiller PE Ratio of Evolution Petroleum was 211.33. The lowest was 7.72. And the median was 33.98.


Evolution Petroleum E10 Historical Data

The historical data trend for Evolution Petroleum'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.

Evolution Petroleum Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.28 0.25 0.35 0.44

Evolution Petroleum Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 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 Premium Member Only Premium Member Only Premium Member Only 0.40 0.44 0.44 0.45 0.45

Competitive Comparison

For the Oil & Gas E&P subindustry, Evolution Petroleum'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.


Evolution Petroleum Shiller PE Ratio Distribution

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

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



Evolution Petroleum 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, Evolution Petroleum's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.03/129.4194*129.4194
=0.030

Current CPI (Dec. 2023) = 129.4194.

Evolution Petroleum Quarterly Data

per share eps CPI Adj_EPS
201403 0.020 99.695 0.026
201406 0.040 100.560 0.051
201409 0.030 100.428 0.039
201412 0.030 99.070 0.039
201503 0.020 99.621 0.026
201506 0.050 100.684 0.064
201509 0.090 100.392 0.116
201512 0.020 99.792 0.026
201603 -0.010 100.470 -0.013
201606 0.630 101.688 0.802
201609 0.020 101.861 0.025
201612 0.070 101.863 0.089
201703 0.070 102.862 0.088
201706 0.050 103.349 0.063
201709 0.060 104.136 0.075
201712 0.300 104.011 0.373
201803 0.090 105.290 0.111
201806 0.140 106.317 0.170
201809 0.170 106.507 0.207
201812 0.120 105.998 0.147
201903 0.070 107.251 0.084
201906 0.100 108.070 0.120
201909 0.080 108.329 0.096
201912 0.050 108.420 0.060
202003 0.110 108.902 0.131
202006 -0.070 108.767 -0.083
202009 -0.220 109.815 -0.259
202012 -0.380 109.897 -0.448
202103 0.040 111.754 0.046
202106 0.070 114.631 0.079
202109 0.150 115.734 0.168
202112 0.200 117.630 0.220
202203 0.170 121.301 0.181
202206 0.440 125.017 0.455
202209 0.320 125.227 0.331
202212 0.310 125.222 0.320
202303 0.410 127.348 0.417
202306 0.005 128.729 0.005
202309 0.040 129.860 0.040
202312 0.030 129.419 0.030

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


Evolution Petroleum  (AMEX:EPM) 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.

Evolution Petroleum's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.63/0.45
=12.51

* 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 Evolution Petroleum was 211.33. The lowest was 7.72. And the median was 33.98.


Be Aware

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


Evolution Petroleum E10 Related Terms

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


Evolution Petroleum (Evolution Petroleum) Business Description

Traded in Other Exchanges
Address
1155 Dairy Ashford Road, Suite 425, Houston, TX, USA, 77079
Evolution Petroleum Corp is an independent oil and gas company operating in the US. It is engaged primarily in the acquisition, exploitation, and development of properties for the production of crude oil and natural gas, onshore in the United States. The company's revenues are primarily generated from its crude oil, natural gas and NGL production from the Jonah Field in Sublette County, Wyoming; the Williston Basin in North Dakota; the Barnett Shale located in North Texas; the Hamilton Dome Field in Wyoming; and the Delhi Field in Northeast Louisiana. The revenue generated by the company includes royalty, mineral and working interests.
Executives
John Mark Bunch officer: COO 1155 DAIRY ASHFORD RD., SUITE 425, HOUSTON TX 77079
Kelly Beatty officer: Principal Accounting Officer 1155 DAIRY ASHFORD RD., SUITE 425, HOUSTON TX 77079
Myra C Bierria director 1155 DAIRY ASHFORD, SUITE 425, HOUSTON TX 77079
Ryan Stash officer: SVP & CFO 1155 DAIRY ASHFORD ROAD, SUITE 425, HOUSTON TX 77079
Roderick A. Schultz officer: Chief Accounting Officer 4621 PINERIDGE STREET, HOUSTON TX 77009
Marjorie Anne Hargrave director 999 18TH STREET, SUITE 1925N, DENVER CO 80202
Jason E. Brown officer: President & CEO 1000 LOUISIANA, SUITE 6700, HOUSTON TX 77002
Marran H. Ogilvie director 599 LEXINGTON AVENUE, NEW YORK NY 10022
David Joe officer: VP, Chief Admin. Officer 2500 CITYWEST BLVD., SUITE 1300, HOUSTON TX 77042
Jvl Advisors, L.l.c. 10 percent owner 10,000 MEMORIAL DRIVE, SUITE 550, HOUSTON TX 77024
Randall D Keys officer: President, CFO & Treasurer 3 HICKORY SHADOWS DR, HOUSTON TX 77055
Peninsula Capital Management Inc director 235 PINE STREET, SUITE 1600, SAN FRANCISCO CA 94104
Kelly William Loyd director 10000 MEMORIAL DRIVE, SUITE 550, HOUSTON TX 77024
William Dozier director 3000 SAGE #1312, HOUSTON TX 77056
Gene G Stoever director 5415 GRAYSTONE LANE, HOUSTON TX 77069