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ARC Resources (FRA:8RC) E10 : €0.61 (As of Sep. 2024)


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What is ARC Resources 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.

ARC Resources's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.366. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.61 for the trailing ten years ended in Sep. 2024.

During the past 12 months, ARC Resources's average E10 Growth Rate was 14.60% per year. During the past 3 years, the average E10 Growth Rate was 37.00% per year. During the past 5 years, the average E10 Growth Rate was 5.50% per year. During the past 10 years, the average E10 Growth Rate was -10.30% 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 ARC Resources was 37.00% per year. The lowest was -27.30% per year. And the median was -3.40% per year.

As of today (2024-12-14), ARC Resources's current stock price is €16.544. ARC Resources's E10 for the quarter that ended in Sep. 2024 was €0.61. ARC Resources's Shiller PE Ratio of today is 27.12.

During the past 13 years, the highest Shiller PE Ratio of ARC Resources was 55.87. The lowest was 5.13. And the median was 18.58.


ARC Resources E10 Historical Data

The historical data trend for ARC Resources'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.

ARC Resources E10 Chart

ARC Resources 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 0.40 0.21 0.27 0.50 0.60

ARC Resources 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 0.57 0.60 0.63 0.62 0.61

Competitive Comparison of ARC Resources's E10

For the Oil & Gas E&P subindustry, ARC Resources'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.


ARC Resources's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where ARC Resources's Shiller PE Ratio falls into.



ARC Resources 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, ARC Resources'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)
=0.366/127.2847*127.2847
=0.366

Current CPI (Sep. 2024) = 127.2847.

ARC Resources Quarterly Data

per share eps CPI Adj_EPS
201412 0.246 98.367 0.318
201503 -0.007 99.789 -0.009
201506 -0.108 100.500 -0.137
201509 -0.463 100.421 -0.587
201512 -0.107 99.947 -0.136
201603 0.122 101.054 0.154
201606 -0.117 102.002 -0.146
201609 0.054 101.765 0.068
201612 0.334 101.449 0.419
201703 0.279 102.634 0.346
201706 0.234 103.029 0.289
201709 0.096 103.345 0.118
201712 0.139 103.345 0.171
201803 0.100 105.004 0.121
201806 -0.085 105.557 -0.102
201809 0.085 105.636 0.102
201812 0.294 105.399 0.355
201903 -0.099 106.979 -0.118
201906 0.180 107.690 0.213
201909 -0.110 107.611 -0.130
201912 -0.021 107.769 -0.025
202003 -1.024 107.927 -1.208
202006 -0.079 108.401 -0.093
202009 -0.122 108.164 -0.144
202012 0.218 108.559 0.256
202103 0.334 110.298 0.385
202106 -0.115 111.720 -0.131
202109 0.047 112.905 0.053
202112 0.740 113.774 0.828
202203 -0.072 117.646 -0.078
202206 0.835 120.806 0.880
202209 0.999 120.648 1.054
202212 0.799 120.964 0.841
202303 0.635 122.702 0.659
202306 0.320 124.203 0.328
202309 0.270 125.230 0.274
202312 0.574 125.072 0.584
202403 0.211 126.258 0.213
202406 0.271 127.522 0.270
202409 0.366 127.285 0.366

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


ARC Resources  (FRA:8RC) 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.

ARC Resources's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.544/0.61
=27.12

* 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 ARC Resources was 55.87. The lowest was 5.13. And the median was 18.58.


Be Aware

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


ARC Resources E10 Related Terms

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


ARC Resources Business Description

Traded in Other Exchanges
Address
308 - 4th Avenue South West, Suite 1200, Calgary, AB, CAN, T2P 0H7
ARC Resources Ltd is an independent energy company engaged in the acquisition, exploration, development, and production of conventional oil and natural gas in Western Canada. The company produces light, medium, and heavy crude, condensate, natural gas liquids, and natural gas.

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