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Odfjell SE (OSL:ODF) E10 : kr3.91 (As of Mar. 2024)


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What is Odfjell SE 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.

Odfjell SE's adjusted earnings per share data for the three months ended in Mar. 2024 was kr9.126. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr3.91 for the trailing ten years ended in Mar. 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 Odfjell SE was 19.00% per year. The lowest was -78.30% per year. And the median was -29.65% per year.

As of today (2024-06-14), Odfjell SE's current stock price is kr165.80. Odfjell SE's E10 for the quarter that ended in Mar. 2024 was kr3.91. Odfjell SE's Shiller PE Ratio of today is 42.40.

During the past 13 years, the highest Shiller PE Ratio of Odfjell SE was 267.78. The lowest was 3.88. And the median was 8.28.


Odfjell SE E10 Historical Data

The historical data trend for Odfjell SE'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.

Odfjell SE E10 Chart

Odfjell SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.09 -1.22 -3.74 -1.11 2.74

Odfjell SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.38 0.36 0.97 2.74 3.91

Competitive Comparison of Odfjell SE's E10

For the Marine Shipping subindustry, Odfjell SE'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.


Odfjell SE's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Odfjell SE's Shiller PE Ratio distribution charts can be found below:

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



Odfjell SE 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, Odfjell SE's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.126/132.6000*132.6000
=9.126

Current CPI (Mar. 2024) = 132.6000.

Odfjell SE Quarterly Data

per share eps CPI Adj_EPS
201406 -1.753 97.500 -2.384
201409 -0.635 98.500 -0.855
201412 -2.110 98.600 -2.838
201503 -2.958 99.200 -3.954
201506 0.625 100.100 0.828
201509 0.663 100.600 0.874
201512 -1.739 100.900 -2.285
201603 2.543 102.500 3.290
201606 1.744 103.800 2.228
201609 1.721 104.200 2.190
201612 4.709 104.400 5.981
201703 0.170 105.000 0.215
201706 -0.508 105.800 -0.637
201709 -1.019 105.900 -1.276
201712 10.979 106.100 13.721
201803 -1.166 107.300 -1.441
201806 -12.409 108.500 -15.165
201809 -3.299 109.500 -3.995
201812 -5.176 109.800 -6.251
201903 -1.721 110.400 -2.067
201906 -1.122 110.600 -1.345
201909 -0.090 111.100 -0.107
201912 -1.173 111.300 -1.397
202003 -0.614 111.200 -0.732
202006 3.718 112.100 4.398
202009 0.458 112.900 0.538
202012 -0.348 112.900 -0.409
202103 -1.703 114.600 -1.970
202106 -0.842 115.300 -0.968
202109 -2.771 117.500 -3.127
202112 1.752 118.900 1.954
202203 1.237 119.800 1.369
202206 3.704 122.600 4.006
202209 6.591 125.600 6.958
202212 6.224 125.900 6.555
202303 6.214 127.600 6.457
202306 7.234 130.400 7.356
202309 7.078 129.800 7.231
202312 6.963 131.900 7.000
202403 9.126 132.600 9.126

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


Odfjell SE  (OSL:ODF) 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.

Odfjell SE's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=165.80/3.91
=42.40

* 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 Odfjell SE was 267.78. The lowest was 3.88. And the median was 8.28.


Be Aware

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


Odfjell SE E10 Related Terms

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


Odfjell SE (OSL:ODF) Business Description

Traded in Other Exchanges
Address
Conrad Mohrs veg 29, P.O. Box 6101, Postterminalen, Bergen, NOR, 5892
Odfjell SE is a company engaged in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products. It also owns and operates chemical tankers and tank terminals. The Company has two reportable operating segments: The Chemical Tankers involve a round-the-world service, servicing ports in Europe, North, and South America, the Middle East and Asia, Australia, and Africa, and The Tank Terminals segment offers storage of various chemical and petroleum products. It operates through various geographical regions which include North and South America, Norway, Netherlands, Australasia, Africa Middle East, and Asia, and derives a majority of its revenue from the Middle East and Asia.

Odfjell SE (OSL:ODF) Headlines

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