Switch to:

Energy Transfer LP E10

: $0.70 (As of Mar. 2020)
View and export this data going back to 2006. Start your Free Trial

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.

Energy Transfer LP's adjusted earnings per share data for the three months ended in Mar. 2020 was $-0.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.70 for the trailing ten years ended in Mar. 2020.

As of today (2020-06-02), Energy Transfer LP's current stock price is $8.18. Energy Transfer LP's E10 for the quarter that ended in Mar. 2020 was $0.70. Energy Transfer LP's Shiller PE Ratio of today is 11.69.

During the past 13 years, the highest Shiller PE Ratio of Energy Transfer LP was 91.82. The lowest was 6.81. And the median was 28.38.


Energy Transfer LP E10 Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Energy Transfer LP Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.52 0.58 0.66 0.76

Energy Transfer LP Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 0.68 0.70 0.73 0.76 0.70

Competitive Comparison
* 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.


Energy Transfer LP E10 Distribution

* The bar in red indicates where Energy Transfer LP's E10 falls into.



Energy Transfer LP 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.

For example, Energy Transfer LP's adjusted earnings per share data for the three months ended in Mar. 2020 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=-0.32/258.12*258.12
=-0.320

Current CPI (Mar. 2020) = 258.12.

Energy Transfer LP Quarterly Data

per share eps CPI Adj_EPS
201006 0.023 217.970 0.027
201009 -0.018 218.440 -0.021
201012 0.085 219.180 0.100
201103 0.100 223.470 0.116
201106 0.075 225.720 0.086
201109 0.078 226.890 0.088
201112 0.095 225.670 0.109
201203 0.183 229.390 0.205
201206 0.048 229.480 0.053
201209 0.033 231.410 0.036
201212 0.043 229.600 0.048
201303 0.080 232.770 0.089
201306 0.115 233.500 0.127
201309 0.135 234.150 0.149
201312 -0.078 233.050 -0.086
201403 0.150 236.290 0.164
201406 0.150 238.340 0.162
201409 0.170 238.030 0.184
201412 0.105 234.810 0.115
201503 0.260 236.120 0.284
201506 0.280 238.640 0.303
201509 0.280 237.940 0.304
201512 0.300 236.530 0.327
201603 0.300 238.130 0.325
201606 0.230 241.020 0.246
201609 0.190 241.430 0.203
201612 0.210 241.430 0.225
201703 0.210 243.800 0.222
201706 0.180 244.960 0.190
201709 0.220 246.820 0.230
201712 0.220 246.520 0.230
201803 0.310 249.550 0.321
201806 0.310 251.990 0.318
201809 0.320 252.440 0.327
201812 0.260 251.230 0.267
201903 0.310 254.200 0.315
201906 0.330 256.140 0.333
201909 0.320 256.760 0.322
201912 0.380 256.970 0.382
202003 -0.320 258.120 -0.320

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


Energy Transfer LP  (NYSE:ET) 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.

Energy Transfer LP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.18/0.7
=11.69

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

During the past 13 years, the highest Shiller P/E Ratio of Energy Transfer LP was 91.82. The lowest was 6.81. And the median was 28.38.


Be Aware

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


Energy Transfer LP E10 Related Terms


Energy Transfer LP E10 Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)