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Schlumberger (MEX:SLBN) E10 : MXN-14.00 (As of Dec. 2024)


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What is Schlumberger 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.

Schlumberger's adjusted earnings per share data for the three months ended in Dec. 2024 was MXN16.059. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN-14.00 for the trailing ten years ended in Dec. 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 Schlumberger was 40.60% per year. The lowest was -56.90% per year. And the median was 7.90% per year.

As of today (2025-03-25), Schlumberger's current stock price is MXN825.00. Schlumberger's E10 for the quarter that ended in Dec. 2024 was MXN-14.00. Schlumberger's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Schlumberger was 660.83. The lowest was 8.39. And the median was 22.11.


Schlumberger E10 Historical Data

The historical data trend for Schlumberger'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.

Schlumberger E10 Chart

Schlumberger 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 9.61 4.27 -1.34 -7.61 -14.00

Schlumberger 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 -7.61 -8.87 -11.43 -14.50 -14.00

Competitive Comparison of Schlumberger's E10

For the Oil & Gas Equipment & Services subindustry, Schlumberger'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.


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

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

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



Schlumberger 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, Schlumberger'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)
=16.059/133.1571*133.1571
=16.059

Current CPI (Dec. 2024) = 133.1571.

Schlumberger Quarterly Data

per share eps CPI Adj_EPS
201503 11.586 99.621 15.486
201506 13.807 100.684 18.260
201509 13.180 100.392 17.482
201512 -13.928 99.792 -18.585
201603 6.886 100.470 9.126
201606 -28.850 101.688 -37.778
201609 2.514 101.861 3.286
201612 -3.093 101.863 -4.043
201703 3.766 102.862 4.875
201706 -0.904 103.349 -1.165
201709 7.078 104.136 9.051
201712 -32.012 104.011 -40.982
201803 6.904 105.290 8.731
201806 6.091 106.317 7.629
201809 8.604 106.507 10.757
201812 7.633 105.998 9.589
201903 5.819 107.251 7.225
201906 6.723 108.070 8.284
201909 -162.279 108.329 -199.471
201912 4.526 108.420 5.559
202003 -124.743 108.902 -152.527
202006 -57.013 108.767 -69.798
202009 -1.325 109.815 -1.607
202012 5.345 109.897 6.476
202103 4.293 111.754 5.115
202106 5.972 114.631 6.937
202109 8.019 115.734 9.226
202112 8.616 117.630 9.753
202203 7.168 121.301 7.869
202206 13.479 125.017 14.357
202209 12.672 125.227 13.475
202212 14.427 125.222 15.341
202303 11.716 127.348 12.250
202306 12.344 128.729 12.769
202309 13.587 129.860 13.932
202312 13.070 129.419 13.447
202403 12.281 131.776 12.410
202406 14.106 132.554 14.170
202409 16.343 133.029 16.359
202412 16.059 133.157 16.059

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


Schlumberger  (MEX:SLBN) 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 Schlumberger was 660.83. The lowest was 8.39. And the median was 22.11.


Be Aware

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


Schlumberger E10 Related Terms

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


Schlumberger Business Description

Address
5599 San Felipe, 17th Floor, Houston, TX, USA, 77056
SLB is the world's premier oilfield-services company as measured by market share. While the industry is mostly fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies it operates in. Also known as Schlumberger, the company was founded in 1926 by two brothers bearing the same last name. Today it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: its core, digital, and new energy businesses. Over three fourths of its revenue base is tied to international markets, while the company boasts roughly $3 billion in digital-related revenue.

Schlumberger Headlines

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