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Mexco Energy (FRA:MZB) E10 : €0.07 (As of Dec. 2023)


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What is Mexco Energy 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.

Mexco Energy's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.147. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.07 for the trailing ten years ended in Dec. 2023.

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 Mexco Energy was 8.70% per year. The lowest was -192.40% per year. And the median was -11.20% per year.

As of today (2024-05-22), Mexco Energy's current stock price is €10.80. Mexco Energy's E10 for the quarter that ended in Dec. 2023 was €0.07. Mexco Energy's Shiller PE Ratio of today is 154.29.

During the past 13 years, the highest Shiller PE Ratio of Mexco Energy was 323.00. The lowest was 7.87. And the median was 22.73.


Mexco Energy E10 Historical Data

The historical data trend for Mexco Energy'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.

Mexco Energy E10 Chart

Mexco Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.18 - -0.25 -0.18 0.05

Mexco Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 0.05 0.07 0.07 0.07

Competitive Comparison of Mexco Energy's E10

For the Oil & Gas E&P subindustry, Mexco Energy'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.


Mexco Energy's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Mexco Energy's Shiller PE Ratio falls into.



Mexco Energy 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, Mexco Energy'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)
=0.147/129.4194*129.4194
=0.147

Current CPI (Dec. 2023) = 129.4194.

Mexco Energy Quarterly Data

per share eps CPI Adj_EPS
201403 0.000 99.695 0.000
201406 0.007 100.560 0.009
201409 0.031 100.428 0.040
201412 -0.073 99.070 -0.095
201503 -0.129 99.621 -0.168
201506 -0.143 100.684 -0.184
201509 -0.339 100.392 -0.437
201512 -1.102 99.792 -1.429
201603 -0.189 100.470 -0.243
201606 -0.125 101.688 -0.159
201609 -0.107 101.861 -0.136
201612 -0.076 101.863 -0.097
201703 0.000 102.862 0.000
201706 -0.134 103.349 -0.168
201709 -0.076 104.136 -0.094
201712 -0.042 104.011 -0.052
201803 0.105 105.290 0.129
201806 0.009 106.317 0.011
201809 0.009 106.507 0.011
201812 -0.009 105.998 -0.011
201903 -0.018 107.251 -0.022
201906 -0.027 108.070 -0.032
201909 -0.036 108.329 -0.043
201912 0.018 108.420 0.021
202003 0.000 108.902 0.000
202006 -0.133 108.767 -0.158
202009 -0.017 109.815 -0.020
202012 0.033 109.897 0.039
202103 0.176 111.754 0.204
202106 0.158 114.631 0.178
202109 0.281 115.734 0.314
202112 0.310 117.630 0.341
202203 0.390 121.301 0.416
202206 0.558 125.017 0.578
202209 0.556 125.227 0.575
202212 0.529 125.222 0.547
202303 0.383 127.348 0.389
202306 0.194 128.729 0.195
202309 0.112 129.860 0.112
202312 0.147 129.419 0.147

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


Mexco Energy  (FRA:MZB) 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.

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

Shiller PE Ratio=Share Price/E10
=10.80/0.07
=154.29

* 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 Mexco Energy was 323.00. The lowest was 7.87. And the median was 22.73.


Be Aware

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


Mexco Energy E10 Related Terms

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


Mexco Energy (FRA:MZB) Business Description

Traded in Other Exchanges
Address
415 W. Wall Street, Suite 475, Midland, TX, USA, 79701
Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.

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