GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Plains GP Holdings LP (NAS:PAGP) » Definitions » E10

PAGP (Plains GP Holdings LP) E10 : $0.13 (As of Mar. 2025)


View and export this data going back to 2013. Start your Free Trial

What is Plains GP Holdings LP 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.

Plains GP Holdings LP's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.13 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Plains GP Holdings LP's average E10 Growth Rate was -43.50% per year. During the past 3 years, the average E10 Growth Rate was 13.00% 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 Plains GP Holdings LP was 13.00% per year. The lowest was 13.00% per year. And the median was 13.00% per year.

As of today (2025-07-07), Plains GP Holdings LP's current stock price is $19.27. Plains GP Holdings LP's E10 for the quarter that ended in Mar. 2025 was $0.13. Plains GP Holdings LP's Shiller PE Ratio of today is 148.23.

During the past 13 years, the highest Shiller PE Ratio of Plains GP Holdings LP was 294.25. The lowest was 60.20. And the median was 86.67.


Plains GP Holdings LP E10 Historical Data

The historical data trend for Plains GP Holdings LP'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.

Plains GP Holdings LP E10 Chart

Plains GP Holdings LP 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 - 0.09 0.18 0.25 0.13

Plains GP Holdings LP 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 0.23 0.22 0.19 0.13 0.13

Competitive Comparison of Plains GP Holdings LP's E10

For the Oil & Gas Midstream subindustry, Plains GP Holdings LP'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.


Plains GP Holdings LP's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Plains GP Holdings LP's Shiller PE Ratio falls into.


;
;

Plains GP Holdings LP 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, Plains GP Holdings LP'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)
=0.42/134.9266*134.9266
=0.420

Current CPI (Mar. 2025) = 134.9266.

Plains GP Holdings LP Quarterly Data

per share eps CPI Adj_EPS
201506 0.373 100.684 0.500
201509 0.373 100.392 0.501
201512 0.292 99.792 0.395
201603 0.370 100.470 0.497
201606 0.400 101.688 0.531
201609 0.240 101.861 0.318
201612 -0.080 101.863 -0.106
201703 0.340 102.862 0.446
201706 0.160 103.349 0.209
201709 0.030 104.136 0.039
201712 -5.160 104.011 -6.694
201803 0.230 105.290 0.295
201806 0.050 106.317 0.063
201809 0.700 106.507 0.887
201812 1.120 105.998 1.426
201903 0.920 107.251 1.157
201906 0.400 108.070 0.499
201909 0.410 108.329 0.511
201912 0.260 108.420 0.324
202003 -3.180 108.902 -3.940
202006 0.090 108.767 0.112
202009 0.090 109.815 0.111
202012 -0.110 109.897 -0.135
202103 0.360 111.754 0.435
202106 -0.350 114.631 -0.412
202109 -0.120 115.734 -0.140
202112 0.430 117.630 0.493
202203 0.110 121.301 0.122
202206 0.160 125.017 0.173
202209 0.360 125.227 0.388
202212 0.230 125.222 0.248
202303 0.350 127.348 0.371
202306 0.250 128.729 0.262
202309 0.150 129.860 0.156
202312 0.260 129.419 0.271
202403 0.210 131.776 0.215
202406 0.200 132.554 0.204
202409 0.170 133.029 0.172
202412 -0.040 133.157 -0.041
202503 0.420 134.927 0.420

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


Plains GP Holdings LP  (NAS:PAGP) 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.

Plains GP Holdings LP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.27/0.13
=148.23

* 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 Plains GP Holdings LP was 294.25. The lowest was 60.20. And the median was 86.67.


Be Aware

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


Plains GP Holdings LP E10 Related Terms

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


Plains GP Holdings LP Business Description

Traded in Other Exchanges
Address
333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains GP Holdings LP provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. The group manages its operations through two operating segments: Crude Oil and NGL.
Executives
Willie Cw Chiang director, officer: Chairman & CEO 370 17TH STREET, SUITE 2775, DENVER CO 80202
Jeremy L. Goebel officer: EVP & CCO 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Ellen Desanctis director 12326 OLD OAKS, HOUSTON TX 77024
Kevin S Mccarthy director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Gary R Petersen director 210 HEDWIG, HOUSTON TX 77019
Victor Burk director C/O ENERVEST MANAGEMENT PARTNERS LTD, 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Lawrence Michael Ziemba director 600 NORTH DAIRY ASHFORD, HOUSTON TX 77079
John T Raymond director THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002
Alexandra Pruner director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Bobby S Shackouls director 5051 WESTHEIMER, STE 1400, HOUSTON TX 77056-5604
Chris Temple director 3953 MAPLE AVENUE, SUITE 180, DALLAS TX 75219
Emg Investment, Llc director, See Remarks 1401 MCKINNEY STREET, SUITE 1025, HOUSTON TX 77010
Robert V Sinnott director 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067
Greg L Armstrong director, 10 percent owner, officer: Chairman & CEO
Harry N Pefanis officer: President & COO 333 CLAY STREET, STE 1600, HOUSTON TX 77002