Independent Petroleum Group KSCP (KUW:IPG) E10: KWD0.05 (As of Mar. 2026)


KUW:IPG Independent Petroleum Group KSCP KUW:IPG
33 GF Score
Price KWD0.63
GF Value KWD0.36
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Independent Petroleum Group KSCP E10?

Independent Petroleum Group KSCP KUW:IPG 33 E10 is KWD0.05 as of Mar. 2026. GuruFocus rates KUW:IPG with a GF Score™ of 33/100 and a GF Value™ of KWD0.36 (Significantly Overvalued). The stock has 5 warning signs investors should review.

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.

Independent Petroleum Group KSCP's adjusted earnings per share data for the three months ended in Mar. 2026 was KWD0.013. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is KWD0.05 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 7.70% per year. During the past 5 years, the average E10 Growth Rate was 5.20% 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 Independent Petroleum Group KSCP was 7.70% per year. The lowest was 0.00% per year. And the median was 7.70% per year.

As of today (2026-07-05), Independent Petroleum Group KSCP's current stock price is KWD0.63. Independent Petroleum Group KSCP's E10 for the quarter that ended in Mar. 2026 was KWD0.05. Independent Petroleum Group KSCP's Shiller PE Ratio of today is 12.60.

During the past 13 years, the highest Shiller PE Ratio of Independent Petroleum Group KSCP was 15.75. The lowest was 9.46. And the median was 12.00.


Independent Petroleum Group KSCP  (KUW:IPG) 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.

Independent Petroleum Group KSCP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.63/0.05
=12.60

* 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 Independent Petroleum Group KSCP was 15.75. The lowest was 9.46. And the median was 12.00.


Be Aware

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


Independent Petroleum Group KSCP E10 Related Terms


Independent Petroleum Group KSCP E10 Historical Data

* Premium members only.

The historical data trend for Independent Petroleum Group KSCP'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.

Independent Petroleum Group KSCP E10 Chart

Independent Petroleum Group KSCP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.05 0.05

Independent Petroleum Group KSCP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.05 0.05 0.05 0.05

KUW:IPG vs XOM, CVX: E10 Comparison

For the Oil & Gas Integrated subindustry, Independent Petroleum Group KSCP'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.


Independent Petroleum Group KSCP Shiller PE Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Independent Petroleum Group KSCP's Shiller PE Ratio falls into.


KUW:IPG
33GF Score
Independent Petroleum Group KSCP KUW:IPG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Independent Petroleum Group KSCP 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, Independent Petroleum Group KSCP's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.013/330.2130*330.2130
=0.013

Current CPI (Mar. 2026) = 330.2130.

Independent Petroleum Group KSCP Quarterly Data

per share eps CPI Adj_EPS
201606 0.009 241.018 0.012
201609 0.010 241.428 0.014
201612 0.007 241.432 0.010
201703 0.012 243.801 0.016
201706 0.012 244.955 0.016
201709 0.008 246.819 0.011
201712 0.006 246.524 0.008
201803 0.012 249.554 0.016
201806 0.012 251.989 0.016
201809 0.008 252.439 0.010
201812 0.002 251.233 0.003
201903 0.013 254.202 0.017
201906 0.014 256.143 0.018
201909 0.004 256.759 0.005
201912 0.006 256.974 0.008
202003 0.017 258.115 0.022
202006 0.011 257.797 0.014
202009 0.006 260.280 0.008
202012 0.004 260.474 0.005
202103 0.018 264.877 0.022
202106 0.012 271.696 0.015
202109 0.006 274.310 0.007
202112 0.004 278.802 0.005
202203 0.008 287.504 0.009
202206 0.013 296.311 0.014
202209 0.016 296.808 0.018
202212 0.006 296.797 0.007
202303 0.008 301.836 0.009
202306 0.013 305.109 0.014
202309 0.009 307.789 0.010
202312 0.013 306.746 0.014
202403 0.009 312.332 0.010
202406 0.015 314.175 0.016
202409 0.010 315.301 0.010
202412 0.016 315.605 0.017
202503 0.011 319.799 0.011
202506 0.016 322.561 0.016
202509 0.011 324.800 0.011
202512 0.018 324.054 0.018
202603 0.013 330.213 0.013

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of KWD0.05 mean?
Independent Petroleum Group KSCP (KUW:IPG) has a E10 of KWD0.05 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Independent Petroleum Group KSCP and its competitors.
Is Independent Petroleum Group KSCP's E10 too high?
Independent Petroleum Group KSCP's current E10 is KWD0.05. Overall, Independent Petroleum Group KSCP has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Independent Petroleum Group KSCP's E10 compare to XOM and CVX?
Independent Petroleum Group KSCP's E10 of KWD0.05 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Oil & Gas company?
A good E10 depends on the Oil & Gas industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Independent Petroleum Group KSCP and its competitors. Independent Petroleum Group KSCP's current E10 is KWD0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Petroleum Group KSCP stock overvalued right now?
Based on GuruFocus' analysis, Independent Petroleum Group KSCP (KUW:IPG) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.36, compared to a current price of KWD0.63 — trading 75% above its estimated fair value. The current E10 is KWD0.05. Independent Petroleum Group KSCP's overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Independent Petroleum Group KSCP (KUW:IPG), the current E10 is KWD0.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Independent Petroleum Group KSCP (KUW:IPG) Overvalued in 2026?

Based on GuruFocus' analysis, Independent Petroleum Group KSCP stock appears to be overvalued. The current stock price of KWD0.63 is trading 75% above its estimated GF Value™ of KWD0.36. GuruFocus considers Independent Petroleum Group KSCP to be Significantly Overvalued.

Key valuation signals for KUW:IPG:

  • E10: KWD0.05
  • GF Value™: KWD0.36 vs. price of KWD0.63 (75% above fair value)
  • GF Score™: 33/100 with 5 warning signs

No single metric tells the full story. See the KUW:IPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Independent Petroleum Group KSCP Business Description

Industry EnergyOil & Gas
Address Area 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101
Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminals, pipelines, and shipping. The group operates in Europe, Africa and Middle East, and Asia and the Far East where Africa and the Middle East region generates maximum revenue.
33GF Score

Get the complete analysis for KUW:IPG

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KWD0.63
Price
KWD0.36
GF Value