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Halliburton Co (LTS:0R23) E10 : $-0.35 (As of Sep. 2024)


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What is Halliburton Co 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.

Halliburton Co's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.35 for the trailing ten years ended in Sep. 2024.

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 Halliburton Co was 87.10% per year. The lowest was -64.10% per year. And the median was 9.80% per year.

As of today (2024-12-12), Halliburton Co's current stock price is $29.1188. Halliburton Co's E10 for the quarter that ended in Sep. 2024 was $-0.35. Halliburton Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Halliburton Co was 778.00. The lowest was 6.16. And the median was 29.23.


Halliburton Co E10 Historical Data

The historical data trend for Halliburton Co'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.

Halliburton Co E10 Chart

Halliburton Co 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 0.83 0.25 0.05 -0.14 -0.16

Halliburton Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.11 -0.16 -0.19 -0.23 -0.35

Competitive Comparison of Halliburton Co's E10

For the Oil & Gas Equipment & Services subindustry, Halliburton Co'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.


Halliburton Co's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Halliburton Co's Shiller PE Ratio falls into.



Halliburton Co 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, Halliburton Co's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.65/133.0289*133.0289
=0.650

Current CPI (Sep. 2024) = 133.0289.

Halliburton Co Quarterly Data

per share eps CPI Adj_EPS
201412 1.060 99.070 1.423
201503 -0.760 99.621 -1.015
201506 0.060 100.684 0.079
201509 -0.060 100.392 -0.080
201512 -0.030 99.792 -0.040
201603 -2.810 100.470 -3.721
201606 -3.730 101.688 -4.880
201609 0.010 101.861 0.013
201612 -0.170 101.863 -0.222
201703 -0.040 102.862 -0.052
201706 0.030 103.349 0.039
201709 0.420 104.136 0.537
201712 -0.940 104.011 -1.202
201803 0.050 105.290 0.063
201806 0.580 106.317 0.726
201809 0.500 106.507 0.625
201812 0.760 105.998 0.954
201903 0.170 107.251 0.211
201906 0.090 108.070 0.111
201909 0.340 108.329 0.418
201912 -1.880 108.420 -2.307
202003 -1.160 108.902 -1.417
202006 -1.910 108.767 -2.336
202009 -0.020 109.815 -0.024
202012 -0.270 109.897 -0.327
202103 0.190 111.754 0.226
202106 0.260 114.631 0.302
202109 0.260 115.734 0.299
202112 0.920 117.630 1.040
202203 0.290 121.301 0.318
202206 0.120 125.017 0.128
202209 0.600 125.227 0.637
202212 0.720 125.222 0.765
202303 0.720 127.348 0.752
202306 0.680 128.729 0.703
202309 0.790 129.860 0.809
202312 0.740 129.419 0.761
202403 0.680 131.776 0.686
202406 0.800 132.554 0.803
202409 0.650 133.029 0.650

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


Halliburton Co  (LTS:0R23) 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.

During the past 13 years, the highest Shiller P/E Ratio of Halliburton Co was 778.00. The lowest was 6.16. And the median was 29.23.


Be Aware

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


Halliburton Co E10 Related Terms

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


Halliburton Co Business Description

Address
3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
Halliburton is one of the three largest oilfield service firms in the world, offering superior expertise in a number of business lines, including completion fluids, wireline services, cementing, and countless others. It's the largest pressure pumper in North America, and has been a leading innovator in hydraulic fracturing over the past two decades.

Halliburton Co Headlines

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