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Tupras-Turkiye Petrol Rafineleri AS (IST:TUPRS) E10 : ₺129.13 (As of Jun. 2024)


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What is Tupras-Turkiye Petrol Rafineleri AS 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.

Tupras-Turkiye Petrol Rafineleri AS's adjusted earnings per share data for the three months ended in Jun. 2024 was ₺2.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺129.13 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Tupras-Turkiye Petrol Rafineleri AS's average E10 Growth Rate was 15.70% 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.

As of today (2024-09-24), Tupras-Turkiye Petrol Rafineleri AS's current stock price is ₺170.90. Tupras-Turkiye Petrol Rafineleri AS's E10 for the quarter that ended in Jun. 2024 was ₺129.13. Tupras-Turkiye Petrol Rafineleri AS's Shiller PE Ratio of today is 1.32.

During the past 13 years, the highest Shiller PE Ratio of Tupras-Turkiye Petrol Rafineleri AS was 33.21. The lowest was 0.59. And the median was 7.49.


Tupras-Turkiye Petrol Rafineleri AS E10 Historical Data

The historical data trend for Tupras-Turkiye Petrol Rafineleri AS'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.

Tupras-Turkiye Petrol Rafineleri AS E10 Chart

Tupras-Turkiye Petrol Rafineleri AS 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 - - 1.11 7.63 114.20

Tupras-Turkiye Petrol Rafineleri AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 111.62 113.64 114.20 128.14 129.13

Competitive Comparison of Tupras-Turkiye Petrol Rafineleri AS's E10

For the Oil & Gas Refining & Marketing subindustry, Tupras-Turkiye Petrol Rafineleri AS'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.


Tupras-Turkiye Petrol Rafineleri AS's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tupras-Turkiye Petrol Rafineleri AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tupras-Turkiye Petrol Rafineleri AS's Shiller PE Ratio falls into.



Tupras-Turkiye Petrol Rafineleri AS 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, Tupras-Turkiye Petrol Rafineleri AS's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.6/132.5538*132.5538
=2.600

Current CPI (Jun. 2024) = 132.5538.

Tupras-Turkiye Petrol Rafineleri AS Quarterly Data

per share eps CPI Adj_EPS
201409 0.216 100.428 0.285
201412 0.121 99.070 0.162
201503 0.157 99.621 0.209
201506 0.404 100.684 0.532
201509 0.429 100.392 0.566
201512 0.464 99.792 0.616
201603 0.046 100.470 0.061
201606 0.189 101.688 0.246
201609 0.331 101.861 0.431
201612 0.459 101.863 0.597
201703 0.496 102.862 0.639
201706 0.831 103.349 1.066
201709 0.566 104.136 0.720
201712 0.281 104.011 0.358
201803 0.216 105.290 0.272
201806 0.586 106.317 0.731
201809 0.309 106.507 0.385
201812 1.007 105.998 1.259
201903 -0.214 107.251 -0.264
201906 0.497 108.070 0.610
201909 -0.089 108.329 -0.109
201912 0.106 108.420 0.130
202003 -1.291 108.902 -1.571
202006 -0.106 108.767 -0.129
202009 -0.240 109.815 -0.290
202012 0.214 109.897 0.258
202103 -0.434 111.754 -0.515
202106 0.970 114.631 1.122
202109 0.649 115.734 0.743
202112 0.633 117.630 0.713
202203 0.573 121.301 0.626
202206 39.230 125.017 41.595
202209 5.997 125.227 6.348
202212 19.648 125.222 20.798
202303 1,022.000 127.348 1,063.780
202306 4.850 128.729 4.994
202309 11.060 129.860 11.289
202312 9.501 129.419 9.731
202403 119.000 131.776 119.702
202406 2.600 132.554 2.600

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


Tupras-Turkiye Petrol Rafineleri AS  (IST:TUPRS) 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.

Tupras-Turkiye Petrol Rafineleri AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=170.90/129.13
=1.32

* 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 Tupras-Turkiye Petrol Rafineleri AS was 33.21. The lowest was 0.59. And the median was 7.49.


Be Aware

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


Tupras-Turkiye Petrol Rafineleri AS E10 Related Terms

Thank you for viewing the detailed overview of Tupras-Turkiye Petrol Rafineleri AS's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Tupras-Turkiye Petrol Rafineleri AS Business Description

Traded in Other Exchanges
N/A
Address
Guney Mahallesi, Petrol Caddesi No:25, Korfez, Kocaeli, TUR, 41790
Tupras-Turkiye Petrol Rafineleri AS provides and refines crude oil through Turkish and international refineries. It also operates petrochemical factories and facilities. The company's complete line of products includes liquefied petroleum gas(LPG), fuel oil, waxes and extracts, bitumen, and other products. In addition to refining and producing products, the firm engages in the purchase, sell, import, export, store, marketing, and distribution of a variety of petroleum products. Distribution is completed through a network of foreign and domestic wholesalers and retailers. The majority of sales from refineries are domestic.

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