GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Oceana Group Ltd (NAM:OCG) » Definitions » E10

Oceana Group (NAM:OCG) E10 : R7.59 (As of Sep. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Oceana Group 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.

Oceana Group's adjusted earnings per share data for the fiscal year that ended in Sep. 2024 was R9.183. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R7.59 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Oceana Group's average E10 Growth Rate was 5.00% per year. During the past 3 years, the average E10 Growth Rate was 7.60% per year. During the past 5 years, the average E10 Growth Rate was 7.10% per year. During the past 10 years, the average E10 Growth Rate was 8.30% 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 Oceana Group was 16.60% per year. The lowest was 5.40% per year. And the median was 7.70% per year.

As of today (2024-12-12), Oceana Group's current stock price is R 68.50. Oceana Group's E10 for the fiscal year that ended in Sep. 2024 was R7.59. Oceana Group's Shiller PE Ratio of today is 9.03.

During the past 13 years, the highest Shiller PE Ratio of Oceana Group was 33.05. The lowest was 7.28. And the median was 11.82.


Oceana Group E10 Historical Data

The historical data trend for Oceana Group'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.

Oceana Group E10 Chart

Oceana Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 6.45 6.98 7.08 7.59

Oceana Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 6.98 - 7.08 - 7.59

Competitive Comparison of Oceana Group's E10

For the Packaged Foods subindustry, Oceana Group'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.


Oceana Group's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oceana Group's Shiller PE Ratio distribution charts can be found below:

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



Oceana Group 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, Oceana Group's adjusted earnings per share data for the fiscal year that ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=9.183/157.1734*157.1734
=9.183

Current CPI (Sep. 2024) = 157.1734.

Oceana Group Annual Data

per_share_eps CPI Adj_EPS
201509 5.317 101.154 8.262
201609 7.155 107.694 10.442
201709 3.665 112.926 5.101
201809 6.746 118.376 8.957
201909 4.861 123.281 6.197
202009 6.033 126.878 7.474
202109 5.316 133.273 6.269
202209 6.026 143.671 6.592
202309 10.915 151.502 11.324
202409 9.183 157.173 9.183

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


Oceana Group  (NAM:OCG) 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.

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

Shiller PE Ratio=Share Price/E10
=68.50/7.59
=9.03

* 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 Oceana Group was 33.05. The lowest was 7.28. And the median was 11.82.


Be Aware

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


Oceana Group E10 Related Terms

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


Oceana Group Business Description

Traded in Other Exchanges
Address
25 Jan Smuts Street, 9th Floor, Oceana House, Foreshore, Cape Town, WC, ZAF, 8001
Oceana Group Ltd is an African fishing company focused on catching, procuring, processing, marketing, and distributing canned fish, fishmeal, fish oil, lobster, horse mackerel, squid, and hake. Oceana Group also provides refrigerated warehouse facilities and logistical support services. The company's principal market is the lower-end consumer who prefers canned fish and horse mackerel. The majority of Oceana Group's revenue is derived from South Africa and Nambia. The company operates through four segments: Canned Fish and Fishmeal (Africa), which contributes the majority portion of revenue; Fishmeal and Fish Oil (USA); Horse Mackerel, Hake, Lobster, and Squid; and Commercial Cold Storage Logistics.