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BP (MEX:BP N) E10 : MXN6.26 (As of Mar. 2025)


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What is BP 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.

BP's adjusted earnings per share data for the three months ended in Mar. 2025 was MXN5.241. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN6.26 for the trailing ten years ended in Mar. 2025.

During the past 12 months, BP's average E10 Growth Rate was 100.00% per year. During the past 3 years, the average E10 Growth Rate was -20.60% per year. During the past 5 years, the average E10 Growth Rate was -34.00% per year. During the past 10 years, the average E10 Growth Rate was -25.10% 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 BP was 31.00% per year. The lowest was -51.00% per year. And the median was 5.20% per year.

As of today (2025-07-18), BP's current stock price is MXN609.00. BP's E10 for the quarter that ended in Mar. 2025 was MXN6.26. BP's Shiller PE Ratio of today is 97.28.

During the past 13 years, the highest Shiller PE Ratio of BP was 499.95. The lowest was 7.25. And the median was 19.60.


BP E10 Historical Data

The historical data trend for BP'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.

BP E10 Chart

BP 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 28.02 17.55 8.48 2.58 7.29

BP Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.21 5.39 6.28 7.29 6.26

Competitive Comparison of BP's E10

For the Oil & Gas Integrated subindustry, BP'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.


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

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

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


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BP 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, BP's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.241/136.1000*136.1000
=5.241

Current CPI (Mar. 2025) = 136.1000.

BP Quarterly Data

per share eps CPI Adj_EPS
201506 -29.965 100.100 -40.742
201509 0.253 100.200 0.344
201512 -18.581 100.400 -25.188
201603 -3.264 100.400 -4.425
201606 -8.433 101.000 -11.364
201609 9.931 101.500 13.316
201612 3.216 102.200 4.283
201703 8.337 102.700 11.048
201706 0.781 103.500 1.027
201709 9.691 104.300 12.646
201712 0.165 105.000 0.214
201803 13.440 105.100 17.404
201806 16.458 105.900 21.151
201809 18.686 106.600 23.857
201812 4.477 107.100 5.689
201903 16.841 107.000 21.421
201906 10.281 107.900 12.968
201909 -4.359 108.400 -5.473
201912 0.102 108.500 0.128
202003 -30.431 108.600 -38.137
202006 -115.392 108.800 -144.346
202009 -2.943 109.200 -3.668
202012 7.973 109.400 9.919
202103 28.074 109.700 34.830
202106 18.274 111.400 22.326
202109 -15.582 112.400 -18.868
202112 14.352 114.700 17.030
202203 -124.794 116.500 -145.789
202206 56.950 120.500 64.323
202209 -13.819 122.300 -15.378
202212 68.267 125.300 74.151
202303 48.732 126.800 52.306
202306 10.297 129.400 10.830
202309 28.835 130.100 30.165
202312 2.190 130.500 2.284
202403 13.194 131.600 13.645
202406 -0.857 133.000 -0.877
202409 1.453 133.500 1.481
202412 -15.429 135.100 -15.543
202503 5.241 136.100 5.241

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


BP  (MEX:BP N) 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.

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

Shiller PE Ratio=Share Price/E10
=609.00/6.26
=97.28

* 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 BP was 499.95. The lowest was 7.25. And the median was 19.60.


Be Aware

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


BP E10 Related Terms

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


BP Business Description

Address
1 St James\'s Square, London, GBR, SW1Y 4PD
BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2024, it produced 1.2 million barrels of liquids and 6.9 billion cubic feet of natural gas per day. At the end of 2023, reserves stood at 6.8 billion barrels of oil equivalent, 55% of which are liquids. The company operates refineries with a capacity of 1.6 million barrels of oil per day.

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