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PAA (Plains All American Pipeline LP) E10 : $0.89 (As of Mar. 2025)


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What is Plains All American Pipeline 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 All American Pipeline LP's adjusted earnings per share data for the three months ended in Mar. 2025 was $0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.89 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Plains All American Pipeline LP's average E10 Growth Rate was -15.20% per year. During the past 3 years, the average E10 Growth Rate was -13.90% per year. During the past 5 years, the average E10 Growth Rate was -13.90% per year. During the past 10 years, the average E10 Growth Rate was -6.90% 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 All American Pipeline LP was 16.90% per year. The lowest was -14.10% per year. And the median was 0.15% per year.

As of today (2025-07-13), Plains All American Pipeline LP's current stock price is $18.88. Plains All American Pipeline LP's E10 for the quarter that ended in Mar. 2025 was $0.89. Plains All American Pipeline LP's Shiller PE Ratio of today is 21.21.

During the past 13 years, the highest Shiller PE Ratio of Plains All American Pipeline LP was 23.27. The lowest was 2.74. And the median was 12.23.


Plains All American Pipeline LP E10 Historical Data

The historical data trend for Plains All American Pipeline 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 All American Pipeline LP E10 Chart

Plains All American Pipeline 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 1.52 1.38 1.28 1.09 0.88

Plains All American Pipeline 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 1.05 1.02 0.97 0.88 0.89

Competitive Comparison of Plains All American Pipeline LP's E10

For the Oil & Gas Midstream subindustry, Plains All American Pipeline 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 All American Pipeline LP's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Plains All American Pipeline LP's Shiller PE Ratio falls into.


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Plains All American Pipeline 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 All American Pipeline 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)
=0.49/134.9266*134.9266
=0.490

Current CPI (Mar. 2025) = 134.9266.

Plains All American Pipeline LP Quarterly Data

per share eps CPI Adj_EPS
201506 -0.060 100.684 -0.080
201509 0.240 100.392 0.323
201512 0.240 99.792 0.324
201603 0.070 100.470 0.094
201606 -0.200 101.688 -0.265
201609 0.400 101.861 0.530
201612 0.140 101.863 0.185
201703 0.580 102.862 0.761
201706 0.210 103.349 0.274
201709 -0.010 104.136 -0.013
201712 0.190 104.011 0.246
201803 0.330 105.290 0.423
201806 0.070 106.317 0.089
201809 0.870 106.507 1.102
201812 1.380 105.998 1.757
201903 1.200 107.251 1.510
201906 0.540 108.070 0.674
201909 0.550 108.329 0.685
201912 0.350 108.420 0.436
202003 -3.980 108.902 -4.931
202006 0.130 108.767 0.161
202009 0.130 109.815 0.160
202012 -0.110 109.897 -0.135
202103 0.510 111.754 0.616
202106 -0.370 114.631 -0.436
202109 -0.150 115.734 -0.175
202112 0.560 117.630 0.642
202203 0.190 121.301 0.211
202206 0.220 125.017 0.237
202209 0.480 125.227 0.517
202212 0.300 125.222 0.323
202303 0.520 127.348 0.551
202306 0.320 128.729 0.335
202309 0.200 129.860 0.208
202312 0.360 129.419 0.375
202403 0.290 131.776 0.297
202406 0.260 132.554 0.265
202409 0.220 133.029 0.223
202412 -0.040 133.157 -0.041
202503 0.490 134.927 0.490

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


Plains All American Pipeline LP  (NAS:PAA) 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 All American Pipeline LP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=18.88/0.89
=21.21

* 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 All American Pipeline LP was 23.27. The lowest was 2.74. And the median was 12.23.


Be Aware

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


Plains All American Pipeline LP E10 Related Terms

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


Plains All American Pipeline LP Business Description

Traded in Other Exchanges
N/A
Address
333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains All American Pipeline LP through its subsidiaries, engages in the pipeline transportation, terminaling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and barges or railcars. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminalling. It generates the majority of its revenue from the Crude Oil segment.
Executives
Jeremy L. Goebel officer: EVP & CCO 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Ellen Desanctis director 12326 OLD OAKS, HOUSTON TX 77024
Willie Cw Chiang director, officer: Chairman & CEO 370 17TH STREET, SUITE 2775, DENVER CO 80202
Chris Herbold officer: Sr. VP Finance and CAO 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Richard K. Mcgee officer: EVP, General Counsel & Sec. 333 CLAY STREET, SUITE 1500, HOUSTON TX 77002
Al Swanson officer: EVP & CFO 333 CLAY STREET, # 1600, HOUSTON TX 77002
Kevin S Mccarthy director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Chris R. Chandler officer: EVP & COO 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Harry N Pefanis director, officer: President 333 CLAY STREET, STE 1600, HOUSTON TX 77002
Plains Gp Holdings Lp director, 10 percent owner 333 CLAY ST, SUITE 1600, HOUSTON TX 77002
Paa Gp Holdings Llc director, 10 percent owner 333 CLAY ST, SUITE 1600, HOUSTON TX 77002
Plains All American Gp Llc director, 10 percent owner 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Plains Aap, L.p. director, 10 percent owner 333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Chris Temple director 3953 MAPLE AVENUE, SUITE 180, DALLAS TX 75219
Kayne Anderson Capital Advisors Lp director, other: See remarks 2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES CA 90067