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Tsakos Energy Navigation (FRA:TK41) E10 : €0.92 (As of Sep. 2024)


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What is Tsakos Energy Navigation 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.

Tsakos Energy Navigation's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.604. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.92 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Tsakos Energy Navigation's average E10 Growth Rate was 436.80% 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 Tsakos Energy Navigation was 19.20% per year. The lowest was -36.00% per year. And the median was -19.35% per year.

As of today (2025-03-05), Tsakos Energy Navigation's current stock price is €15.03. Tsakos Energy Navigation's E10 for the quarter that ended in Sep. 2024 was €0.92. Tsakos Energy Navigation's Shiller PE Ratio of today is 16.34.

During the past 13 years, the highest Shiller PE Ratio of Tsakos Energy Navigation was 239.56. The lowest was 2.91. And the median was 5.71.


Tsakos Energy Navigation E10 Historical Data

The historical data trend for Tsakos Energy Navigation'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.

Tsakos Energy Navigation E10 Chart

Tsakos Energy Navigation 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 -1.07 -1.25 -1.40 -0.61 0.60

Tsakos Energy Navigation 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 0.18 0.60 0.65 0.90 0.92

Competitive Comparison of Tsakos Energy Navigation's E10

For the Oil & Gas Midstream subindustry, Tsakos Energy Navigation'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.


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

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

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



Tsakos Energy Navigation 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, Tsakos Energy Navigation'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)
=0.604/119.6501*119.6501
=0.604

Current CPI (Sep. 2024) = 119.6501.

Tsakos Energy Navigation Quarterly Data

per share eps CPI Adj_EPS
201412 0.568 100.254 0.678
201503 1.940 100.549 2.309
201506 2.005 100.838 2.379
201509 1.871 100.856 2.220
201512 1.882 100.087 2.250
201603 1.123 99.041 1.357
201606 0.668 100.121 0.798
201609 -0.089 99.878 -0.107
201612 0.474 100.110 0.567
201703 0.748 100.770 0.888
201706 -0.134 101.138 -0.159
201709 -0.503 100.882 -0.597
201712 -0.845 100.762 -1.003
201803 -0.852 100.534 -1.014
201806 -0.813 102.121 -0.953
201809 -1.200 101.982 -1.408
201812 -3.674 101.330 -4.338
201903 0.044 101.482 0.052
201906 -0.637 101.837 -0.748
201909 -1.008 101.906 -1.184
201912 0.180 102.120 0.211
202003 0.525 101.479 0.619
202006 0.950 100.239 1.134
202009 -0.467 99.886 -0.559
202012 -1.611 99.751 -1.932
202103 -0.672 99.817 -0.806
202106 -1.237 101.270 -1.462
202109 -1.462 102.095 -1.713
202112 -4.850 104.853 -5.534
202203 -0.109 108.651 -0.120
202206 1.239 113.517 1.306
202209 1.495 114.371 1.564
202212 3.059 112.428 3.256
202303 5.314 113.620 5.596
202306 1.523 115.515 1.578
202309 0.778 116.234 0.801
202312 0.779 116.364 0.801
202403 1.472 117.285 1.502
202406 2.192 118.129 2.220
202409 0.604 119.650 0.604

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


Tsakos Energy Navigation  (FRA:TK41) 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.

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

Shiller PE Ratio=Share Price/E10
=15.03/0.92
=16.34

* 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 Tsakos Energy Navigation was 239.56. The lowest was 2.91. And the median was 5.71.


Be Aware

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


Tsakos Energy Navigation E10 Related Terms

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


Tsakos Energy Navigation Business Description

Traded in Other Exchanges
Address
367 Syngrou Avenue, Ktirio Macedonia, P.O Box 79141, Palaio Faliro, Athens, GRC, 175 64
Tsakos Energy Navigation Ltd is a seaborne transportation service provider for crude oil and petroleum products. The company's carriers cater to national and international independent oil companies and refiners. It generates revenue through charter contracts with its clients, which include time, bareboat, and voyage charters, contracts of affreightment, and pool arrangements.

Tsakos Energy Navigation Headlines

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