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Reach Subsea ASA (LTS:0EMB) E10 : kr0.20 (As of Dec. 2024)


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What is Reach Subsea ASA 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.

Reach Subsea ASA's adjusted earnings per share data for the three months ended in Dec. 2024 was kr0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr0.20 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Reach Subsea ASA's average E10 Growth Rate was 17.60% 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 Reach Subsea ASA was 93.00% per year. The lowest was -50.70% per year. And the median was 21.15% per year.

As of today (2025-03-26), Reach Subsea ASA's current stock price is kr7.44. Reach Subsea ASA's E10 for the quarter that ended in Dec. 2024 was kr0.20. Reach Subsea ASA's Shiller PE Ratio of today is 37.20.

During the past 13 years, the highest Shiller PE Ratio of Reach Subsea ASA was 148.33. The lowest was 0.91. And the median was 36.31.


Reach Subsea ASA E10 Historical Data

The historical data trend for Reach Subsea ASA'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.

Reach Subsea ASA E10 Chart

Reach Subsea ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.02 0.05 0.16 0.20

Reach Subsea ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.16 0.15 0.19 0.20 0.20

Competitive Comparison of Reach Subsea ASA's E10

For the Oil & Gas Equipment & Services subindustry, Reach Subsea ASA'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.


Reach Subsea ASA's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Reach Subsea ASA's Shiller PE Ratio falls into.



Reach Subsea ASA 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, Reach Subsea ASA's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.07/134.8000*134.8000
=0.070

Current CPI (Dec. 2024) = 134.8000.

Reach Subsea ASA Quarterly Data

per share eps CPI Adj_EPS
201503 -0.118 99.200 -0.160
201506 0.098 100.100 0.132
201509 0.029 100.600 0.039
201512 0.010 100.900 0.013
201603 -0.189 102.500 -0.249
201606 0.040 103.800 0.052
201609 -0.080 104.200 -0.103
201612 -0.050 104.400 -0.065
201703 -0.110 105.000 -0.141
201706 -0.080 105.800 -0.102
201709 0.020 105.900 0.025
201712 -0.070 106.100 -0.089
201803 -0.129 107.300 -0.162
201806 0.070 108.500 0.087
201809 0.159 109.500 0.196
201812 -0.027 109.800 -0.033
201903 -0.139 110.400 -0.170
201906 0.030 110.600 0.037
201909 0.030 111.100 0.036
201912 -0.168 111.300 -0.203
202003 -0.219 111.200 -0.265
202006 0.189 112.100 0.227
202009 0.229 112.900 0.273
202012 0.100 112.900 0.119
202103 0.080 114.600 0.094
202106 0.110 115.300 0.129
202109 0.309 117.500 0.354
202112 0.149 118.900 0.169
202203 -0.230 119.800 -0.259
202206 0.180 122.600 0.198
202209 0.230 125.600 0.247
202212 0.060 125.900 0.064
202303 0.010 127.600 0.011
202306 0.340 130.400 0.351
202309 0.260 129.800 0.270
202312 0.180 131.900 0.184
202403 0.020 132.600 0.020
202406 0.300 133.800 0.302
202409 0.300 133.700 0.302
202412 0.070 134.800 0.070

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


Reach Subsea ASA  (LTS:0EMB) 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.

Reach Subsea ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.44/0.20
=37.20

* 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 Reach Subsea ASA was 148.33. The lowest was 0.91. And the median was 36.31.


Be Aware

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


Reach Subsea ASA E10 Related Terms

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


Reach Subsea ASA Business Description

Traded in Other Exchanges
Address
Mollervegen 6, Haugesund, NOR, 5525
Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.

Reach Subsea ASA Headlines

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