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StealthGas (StealthGas) E10 : $0.15 (As of Dec. 2023)


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What is StealthGas 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.

StealthGas's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.15 for the trailing ten years ended in Dec. 2023.

During the past 12 months, StealthGas's average E10 Growth Rate was 50.00% per year. During the past 3 years, the average E10 Growth Rate was -30.70% per year. During the past 5 years, the average E10 Growth Rate was -22.80% 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 StealthGas was -14.40% per year. The lowest was -46.50% per year. And the median was -25.15% per year.

As of today (2024-04-28), StealthGas's current stock price is $6.07. StealthGas's E10 for the quarter that ended in Dec. 2023 was $0.15. StealthGas's Shiller PE Ratio of today is 40.47.

During the past 13 years, the highest Shiller PE Ratio of StealthGas was 53.00. The lowest was 1.85. And the median was 9.94.


StealthGas E10 Historical Data

The historical data trend for StealthGas'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.

StealthGas E10 Chart

StealthGas 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 0.30 0.27 0.15 0.10 -

StealthGas 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 0.10 0.11 0.12 0.15 0.15

Competitive Comparison of StealthGas's E10

For the Marine Shipping subindustry, StealthGas'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.


StealthGas's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, StealthGas's Shiller PE Ratio distribution charts can be found below:

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



StealthGas 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, StealthGas'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)
=0.25/116.4647*116.4647
=0.250

Current CPI (Dec. 2023) = 116.4647.

StealthGas Quarterly Data

per share eps CPI Adj_EPS
201403 0.230 102.748 0.261
201406 0.120 103.060 0.136
201409 0.040 102.624 0.045
201412 -0.050 100.254 -0.058
201503 0.140 100.549 0.162
201506 -0.030 100.838 -0.035
201509 0.030 100.856 0.035
201512 -0.080 100.087 -0.093
201603 0.020 99.041 0.024
201606 -0.040 100.121 -0.047
201609 -0.060 99.878 -0.070
201612 -0.110 100.110 -0.128
201703 0.050 100.770 0.058
201706 -0.040 101.138 -0.046
201709 -0.060 100.882 -0.069
201712 0.020 100.762 0.023
201803 -0.140 100.534 -0.162
201806 -0.010 102.121 -0.011
201809 -0.020 101.982 -0.023
201812 -0.140 101.330 -0.161
201903 0.050 101.482 0.057
201906 -0.004 101.837 -0.005
201909 -0.010 101.906 -0.011
201912 0.010 102.120 0.011
202003 0.080 101.479 0.092
202006 0.230 100.239 0.267
202009 0.020 99.886 0.023
202012 -0.020 99.751 -0.023
202103 0.020 99.817 0.023
202106 0.040 101.270 0.046
202109 0.030 102.095 0.034
202112 -1.030 104.853 -1.144
202203 0.200 108.651 0.214
202206 0.320 113.517 0.328
202209 0.180 114.371 0.183
202212 0.200 112.428 0.207
202303 0.440 113.620 0.451
202306 0.270 115.515 0.272
202309 0.410 116.234 0.411
202312 0.250 116.465 0.250

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


StealthGas  (NAS:GASS) 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.

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

Shiller PE Ratio=Share Price/E10
=6.07/0.15
=40.47

* 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 StealthGas was 53.00. The lowest was 1.85. And the median was 9.94.


Be Aware

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


StealthGas E10 Related Terms

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


StealthGas (StealthGas) Business Description

Traded in Other Exchanges
Address
331 Kifissias Avenue, Erithrea, Athens, GRC, 14561
StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.
Executives
Glendon Opportunities Fund, L.p. 10 percent owner MAPLES CORPORATE SERVICES LTD., UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Glendon Capital Management Lp 10 percent owner 2425 OLYMPIC BLVD, SUITE 500E, SANTA MONICA CA 90404

StealthGas (StealthGas) Headlines

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