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Inter Pipeline (Inter Pipeline) E10 : $0.86 (As of Sep. 2021)


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What is Inter Pipeline 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.

Inter Pipeline's adjusted earnings per share data for the three months ended in Sep. 2021 was $-0.395. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.86 for the trailing ten years ended in Sep. 2021.

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.

As of today (2024-05-05), Inter Pipeline's current stock price is $15.47. Inter Pipeline's E10 for the quarter that ended in Sep. 2021 was $0.86. Inter Pipeline's Shiller PE Ratio of today is 17.99.

During the past 13 years, the highest Shiller PE Ratio of Inter Pipeline was 56.45. The lowest was 6.81. And the median was 31.10.


Inter Pipeline E10 Historical Data

The historical data trend for Inter Pipeline'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.

Inter Pipeline E10 Chart

Inter Pipeline Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.81 0.78 0.88 0.89

Inter Pipeline Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.83 0.89 0.91 0.94 0.86

Competitive Comparison of Inter Pipeline's E10

For the Oil & Gas Midstream subindustry, Inter Pipeline'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.


Inter Pipeline's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

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



Inter Pipeline 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, Inter Pipeline's adjusted earnings per share data for the three months ended in Sep. 2021 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=-0.395/112.9049*112.9049
=-0.395

Current CPI (Sep. 2021) = 112.9049.

Inter Pipeline Quarterly Data

per share eps CPI Adj_EPS
201112 0.166 94.970 0.197
201203 0.302 96.155 0.355
201206 0.379 96.076 0.445
201209 0.245 96.392 0.287
201212 0.212 95.760 0.250
201303 0.244 97.103 0.284
201306 -0.989 97.182 -1.149
201309 0.251 97.419 0.291
201312 0.282 96.945 0.328
201403 0.243 98.604 0.278
201406 0.231 99.473 0.262
201409 0.254 99.394 0.289
201412 0.191 98.367 0.219
201503 0.269 99.789 0.304
201506 0.154 100.500 0.173
201509 0.264 100.421 0.297
201512 0.284 99.947 0.321
201603 0.212 101.054 0.237
201606 0.264 102.002 0.292
201609 0.259 101.765 0.287
201612 0.262 101.449 0.292
201703 0.284 102.634 0.312
201706 0.203 103.029 0.222
201709 0.309 103.345 0.338
201712 0.298 103.345 0.326
201803 0.286 105.004 0.308
201806 0.267 105.557 0.286
201809 0.338 105.636 0.361
201812 0.275 105.399 0.295
201903 0.179 106.979 0.189
201906 0.474 107.690 0.497
201909 0.143 107.611 0.150
201912 0.182 107.769 0.191
202003 0.150 107.927 0.157
202006 0.111 108.401 0.116
202009 0.068 108.164 0.071
202012 0.304 108.559 0.316
202103 0.239 110.298 0.245
202106 0.278 111.720 0.281
202109 -0.395 112.905 -0.395

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


Inter Pipeline  (OTCPK:IPPLF) 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.

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

Shiller PE Ratio=Share Price/E10
=15.47/0.86
=17.99

* 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 Inter Pipeline was 56.45. The lowest was 6.81. And the median was 31.10.


Be Aware

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


Inter Pipeline E10 Related Terms

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


Inter Pipeline (Inter Pipeline) Business Description

Traded in Other Exchanges
N/A
Address
215 - 2nd Street SW, Suite 3200, Calgary, AB, CAN, T2P 1M4
Inter Pipeline operates crude oil pipelines, natural gas liquids extraction, and bulk liquid storage businesses in Canada and Europe. The company's oil sands pipelines cover 3,300 kilometers of pipeline and hold the capacity for 4.6 million barrels a day of delivery volumes. Conventional crude pipelines, NGL infrastructure, and 31 million barrels of liquid storage in Europe round out the company's operations.

Inter Pipeline (Inter Pipeline) Headlines

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