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Dorian LPG (Dorian LPG) E10 : $1.86 (As of Dec. 2023)


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What is Dorian LPG 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.

Dorian LPG's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.86 for the trailing ten years ended in Dec. 2023.

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 (2024-04-28), Dorian LPG's current stock price is $41.78. Dorian LPG's E10 for the quarter that ended in Dec. 2023 was $1.86. Dorian LPG's Shiller PE Ratio of today is 22.46.

During the past 10 years, the highest Shiller PE Ratio of Dorian LPG was 28.49. The lowest was 17.27. And the median was 20.25.


Dorian LPG E10 Historical Data

The historical data trend for Dorian LPG'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.

Dorian LPG E10 Chart

Dorian LPG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Dorian LPG 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 - - 1.42 1.63 1.86

Competitive Comparison of Dorian LPG's E10

For the Oil & Gas Midstream subindustry, Dorian LPG'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.


Dorian LPG's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

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



Dorian LPG 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, Dorian LPG'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)
=2.47/129.4194*129.4194
=2.470

Current CPI (Dec. 2023) = 129.4194.

Dorian LPG Quarterly Data

per share eps CPI Adj_EPS
201403 -0.023 99.695 -0.030
201406 0.070 100.560 0.090
201409 0.070 100.428 0.090
201412 0.160 99.070 0.209
201503 0.160 99.621 0.208
201506 0.240 100.684 0.308
201509 0.720 100.392 0.928
201512 0.970 99.792 1.258
201603 0.360 100.470 0.464
201606 -0.020 101.688 -0.025
201609 -0.130 101.861 -0.165
201612 0.090 101.863 0.114
201703 0.040 102.862 0.050
201706 -0.120 103.349 -0.150
201709 -0.220 104.136 -0.273
201712 0.030 104.011 0.037
201803 -0.060 105.290 -0.074
201806 -0.380 106.317 -0.463
201809 -0.150 106.507 -0.182
201812 -0.110 105.998 -0.134
201903 -0.290 107.251 -0.350
201906 0.110 108.070 0.132
201909 0.740 108.329 0.884
201912 0.660 108.420 0.788
202003 0.560 108.902 0.666
202006 0.240 108.767 0.286
202009 0.010 109.815 0.012
202012 0.710 109.897 0.836
202103 0.930 111.754 1.077
202106 0.140 114.631 0.158
202109 0.350 115.734 0.391
202112 0.410 117.630 0.451
202203 0.880 121.301 0.939
202206 0.620 125.017 0.642
202209 0.510 125.227 0.527
202212 1.270 125.222 1.313
202303 1.890 127.348 1.921
202306 1.280 128.729 1.287
202309 1.890 129.860 1.884
202312 2.470 129.419 2.470

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


Dorian LPG  (NYSE:LPG) 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.

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

Shiller PE Ratio=Share Price/E10
=41.78/1.86
=22.46

* 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 10 years, the highest Shiller P/E Ratio of Dorian LPG was 28.49. The lowest was 17.27. And the median was 20.25.


Be Aware

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


Dorian LPG E10 Related Terms

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


Dorian LPG (Dorian LPG) Business Description

Traded in Other Exchanges
Address
27 Signal Road, Stamford, CT, USA, 06902
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.
Executives
John C Hadjipateras director, officer: Chief Executive Officer C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Christina Tan director 1453 FAIRFIELD BEACH ROAD, FAIRFIELD CT 06824
Theodore B. Young officer: Chief Financial Officer C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Alexander C. Hadjipateras officer: EVP at Dorian LPG (USA) LLC C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Tim Truels Hansen officer: Chief Commercial Officer STRANDHOLMS ALLE 23, HVIDOVRE G7 2650
John Lycouris director, officer: CEO of Dorian LPG (USA) LLC C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Thomas Jason Coleman director C/O KENSICO CAPITAL MANAGEMENT, 55 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Marit Lunde director 27 SIGNAL ROAD, STAMFORD CT 06902
Ted Kalborg director C/O TUFTON OCEANIC LIMITED, ALBEMARLE HOUSE, 1, ALBEMARLE STREET, LONDON X0 SW1 4HA
Bw Group Ltd 10 percent owner MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Bw Lpg Holding Ltd other: Member of 10% owner group C/O MAPLETREE BUSINESS CITY #17-02, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Hna Investment Management Llc 10 percent owner C/O HNA GROUP NORTH AMERICA LLC, 1180 AVENUE OF THE AMERICAS, SUITE 1910, NEW YORK NY 10036
Scorpio Tankers Inc. 10 percent owner L'EXOTIQUE 99 BOULEVARD JARDIN EXOTIQUE, MONACO O9 98000
Family Foundation Sohmen 10 percent owner HEILIGKREUZ 6, P O BOX 484, VADUZ N2 FL-9490
Bw Euroholdings Ltd 10 percent owner MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438