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BW LPG (LTS:0QIX) E10 : kr15.97 (As of Jun. 2024)


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What is BW 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.

BW LPG's adjusted earnings per share data for the three months ended in Jun. 2024 was kr6.157. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr15.97 for the trailing ten years ended in Jun. 2024.

During the past 12 months, BW LPG's average E10 Growth Rate was 22.70% 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 (2024-12-13), BW LPG's current stock price is kr125.00. BW LPG's E10 for the quarter that ended in Jun. 2024 was kr15.97. BW LPG's Shiller PE Ratio of today is 7.83.

During the past 13 years, the highest Shiller PE Ratio of BW LPG was 13.91. The lowest was 4.67. And the median was 8.06.


BW LPG E10 Historical Data

The historical data trend for BW 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.

BW LPG E10 Chart

BW LPG 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 - - 9.36 11.25 14.13

BW LPG 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 12.97 13.63 14.13 15.77 15.97

Competitive Comparison of BW LPG's E10

For the Marine Shipping subindustry, BW 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.


BW LPG's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, BW LPG's Shiller PE Ratio distribution charts can be found below:

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



BW 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, BW LPG'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)
=6.157/132.5538*132.5538
=6.157

Current CPI (Jun. 2024) = 132.5538.

BW LPG Quarterly Data

per share eps CPI Adj_EPS
201409 4.066 100.428 5.367
201412 3.493 99.070 4.674
201503 3.438 99.621 4.575
201506 4.765 100.684 6.273
201509 6.545 100.392 8.642
201512 5.305 99.792 7.047
201603 3.729 100.470 4.920
201606 -3.323 101.688 -4.332
201609 -3.606 101.861 -4.693
201612 5.051 101.863 6.573
201703 0.595 102.862 0.767
201706 -0.423 103.349 -0.543
201709 -1.489 104.136 -1.895
201712 -1.164 104.011 -1.483
201803 -0.389 105.290 -0.490
201806 -1.622 106.317 -2.022
201809 -0.165 106.507 -0.205
201812 -2.070 105.998 -2.589
201903 -1.463 107.251 -1.808
201906 1.640 108.070 2.012
201909 7.474 108.329 9.145
201912 10.107 108.420 12.357
202003 5.939 108.902 7.229
202006 4.290 108.767 5.228
202009 1.649 109.815 1.990
202012 4.789 109.897 5.776
202103 4.341 111.754 5.149
202106 1.348 114.631 1.559
202109 1.732 115.734 1.984
202112 4.041 117.630 4.554
202203 3.622 121.301 3.958
202206 2.534 125.017 2.687
202209 3.295 125.227 3.488
202212 6.718 125.222 7.111
202303 10.006 127.348 10.415
202306 6.370 128.729 6.559
202309 9.116 129.860 9.305
202312 12.026 129.419 12.317
202403 11.355 131.776 11.422
202406 6.157 132.554 6.157

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


BW LPG  (LTS:0QIX) 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.

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

Shiller PE Ratio=Share Price/E10
=125.00/15.97
=7.83

* 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 BW LPG was 13.91. The lowest was 4.67. And the median was 8.06.


Be Aware

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


BW LPG E10 Related Terms

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


BW LPG Business Description

Address
10 Pasir Panjang Road, Mapletree Business City, No.17-02, Singapore, SGP, 117438
BW LPG Ltd is an LPG shipping. It uses pioneering technology to power its vessels with cleaner-burning liquefied petroleum gas (LPG) and invest in R&D to take towards a zero-carbon future. The company is organized into two main segments: The shipping segment and the product services segment which buy and sell liquid petroleum gas and deliver it to customers. It generates the majority of its revenue from the shipping segment.

BW LPG Headlines

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