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Helmerich & Payne E10

: $1.81 (As of Mar. 2022)
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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.

Helmerich & Payne's adjusted earnings per share data for the three months ended in Mar. 2022 was $-0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.81 for the trailing ten years ended in Mar. 2022.

As of today (2022-05-16), Helmerich & Payne's current stock price is $47.48. Helmerich & Payne's E10 for the quarter that ended in Mar. 2022 was $1.81. Helmerich & Payne's Shiller PE Ratio of today is 26.23.

During the past 13 years, the highest Shiller PE Ratio of Helmerich & Payne was 35.22. The lowest was 4.57. And the median was 16.22.


Helmerich & Payne E10 Historical Data

The historical data trend for Helmerich & Payne'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.

Helmerich & Payne Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.69 3.71 3.34 2.75 2.10

Helmerich & Payne Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
E10 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 Premium Member Only Premium Member Only Premium Member Only 2.40 2.29 2.10 1.92 1.81

Competitive Comparison

For the Oil & Gas Drilling subindustry, Helmerich & Payne's E10, along with its competitors' market caps and E10 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.

   

Helmerich & Payne E10 Distribution

For the Oil & Gas industry and Energy sector, Helmerich & Payne's E10 distribution charts can be found below:

* The bar in red indicates where Helmerich & Payne's E10 falls into.



Helmerich & Payne 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, Helmerich & Payne's adjusted earnings per share data for the three months ended in Mar. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=-0.05/119.7028*119.7028
=-0.050

Current CPI (Mar. 2022) = 119.7028.

Helmerich & Payne Quarterly Data

per share eps CPI Adj_EPS
201206 1.380 96.819 1.706
201209 1.460 97.633 1.790
201212 1.480 96.871 1.829
201303 1.390 98.209 1.694
201306 2.460 98.518 2.989
201309 1.470 98.790 1.781
201312 1.590 98.326 1.936
201403 1.590 99.695 1.909
201406 1.750 100.560 2.083
201409 1.530 100.428 1.824
201412 1.860 99.070 2.247
201503 1.410 99.621 1.694
201506 0.830 100.684 0.987
201509 -0.200 100.392 -0.238
201512 0.150 99.792 0.180
201603 0.190 100.470 0.226
201606 -0.200 101.688 -0.235
201609 -0.680 101.861 -0.799
201612 -0.330 101.863 -0.388
201703 -0.450 102.862 -0.524
201706 -0.210 103.349 -0.243
201709 -0.210 104.136 -0.241
201712 4.550 104.011 5.236
201803 -0.120 105.290 -0.136
201806 -0.080 106.317 -0.090
201809 0.020 106.507 0.022
201812 0.170 105.998 0.192
201903 0.550 107.251 0.614
201906 -1.420 108.070 -1.573
201909 0.370 108.329 0.409
201912 0.270 108.420 0.298
202003 -3.880 108.902 -4.265
202006 -0.430 108.767 -0.473
202009 -0.550 109.815 -0.600
202012 -0.660 109.897 -0.719
202103 -1.130 111.754 -1.210
202106 -0.520 114.631 -0.543
202109 -0.740 115.734 -0.765
202112 -0.480 117.630 -0.488
202203 -0.050 119.703 -0.050

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


Helmerich & Payne  (NYSE:HP) 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.

Helmerich & Payne's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=47.48/1.81
=26.23

* 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 Helmerich & Payne was 35.22. The lowest was 4.57. And the median was 16.22.


Be Aware

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


Helmerich & Payne E10 Related Terms

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


Helmerich & Payne Business Description

Helmerich & Payne logo
Industry
Energy » Oil & Gas NAICS : 213111 SIC : 1381
Traded in Other Exchanges
Address
1437 South Boulder Avenue, Suite 1400, Tulsa, OK, USA, 74119
Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. shale play and also has a small presence internationally.
Executives
Adams Raymond John Iii officer: VP Digital Ops Marketing Sales 1437 S. BOULDER AVE. SUITE 1400 TULSA OK 74119
Smith Mark W. officer: Senior VP and CFO 15835 PARK TEN PLACE DRIVE HOUSTON TX 77084
Mas Jose Ramon director 800 DOUGLAS ROAD, 12TH FLOOR CORAL GABLES FL 33134
Rust Edward B Jr director MCGRAW-HILL COMPANIES 1221 AVENUE OF THE AMERICAS NEW YORK NY 10020
Bellinger Delaney Murchison director 524 E. 24TH STREET HOUSTON TX 77008
Cramton Kevin G. director 502 SAINT DAVIDS AVENUE WAYNE PA 19087
Petrie Thomas A. director 1437 S. BOULDER AVE., SUITE 1400 TULSA OK 74119
Helmerich Hans director C/O CIIRMAREX ENERGY CO 707 17TH ST. #3300 DENVER CO 80202-3404
Zeglis John D director 7277 164TH AVE NE BLDG1 REDMOND WA 98052
Foutch Randy A director 15 W. SIXTH STREET SUITE, 1800 TULSA OK 74119
Robillard Donald F Jr director 1437 S. BOULDER AVE. TULSA OK 74119
Vandeweghe Mary M director 1601 W. DIEHL ROAD NAPERVILLE IL 60563
Benson Todd Willard officer: President of H&P Technologies 1437 S. BOULDER AVENUE SUITE 1400 TULSA OK 74119
Bell John R. officer: VP, Drilling Subsidiary 1437 S. BOULDER AVE. TULSA OK 74119
Lennox Michael officer: VP, Drilling Subsidiary 1437 S. BOULDER AVE., SUITE 140 TULSA OK 74119

Helmerich & Payne Headlines

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