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Solstad Offshore ASA (OSTO:SOFFO) E10 : kr-7,828.58 (As of Mar. 2024)


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What is Solstad Offshore ASA 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.

Solstad Offshore ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-7,828.58 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -8.00% per year. During the past 5 years, the average E10 Growth Rate was -28.10% 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 Solstad Offshore ASA was -8.00% per year. The lowest was -47.20% per year. And the median was -8.00% per year.

As of today (2024-06-15), Solstad Offshore ASA's current stock price is kr40.12. Solstad Offshore ASA's E10 for the quarter that ended in Mar. 2024 was kr-7,828.58. Solstad Offshore ASA's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Solstad Offshore ASA was 85.38. The lowest was 74.61. And the median was 78.34.


Solstad Offshore ASA E10 Historical Data

The historical data trend for Solstad Offshore ASA'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.

Solstad Offshore ASA E10 Chart

Solstad Offshore ASA 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 -5,285.96 -6,455.48 -4,573.16 -6,096.49 -7,749.04

Solstad Offshore ASA 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 -6,446.95 -6,922.00 -7,673.32 -7,749.04 -7,828.58

Competitive Comparison of Solstad Offshore ASA's E10

For the Marine Shipping subindustry, Solstad Offshore ASA'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.


Solstad Offshore ASA's Shiller PE Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Solstad Offshore ASA's Shiller PE Ratio falls into.



Solstad Offshore ASA 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, Solstad Offshore ASA'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)
=-0.29/132.6000*132.6000
=-0.290

Current CPI (Mar. 2024) = 132.6000.

Solstad Offshore ASA Quarterly Data

per share eps CPI Adj_EPS
201406 1,781.740 97.500 2,423.166
201409 5,045.780 98.500 6,792.593
201412 -7,793.260 98.600 -10,480.591
201503 -4,349.550 99.200 -5,814.015
201506 3,990.210 100.100 5,285.733
201509 -4,056.490 100.600 -5,346.825
201512 -26,962.400 100.900 -35,433.243
201603 6,520.710 102.500 8,435.572
201606 3,404.420 103.800 4,348.999
201609 2,562.790 104.200 3,261.286
201612 -16,079.400 104.400 -20,422.686
201703 -1,956.210 105.000 -2,470.414
201706 10,137.400 105.800 12,705.286
201709 -978.106 105.900 -1,224.711
201712 -2,942.460 106.100 -3,677.382
201803 -1,425.460 107.300 -1,761.566
201806 -2,047.200 108.500 -2,501.924
201809 -3,392.530 109.500 -4,108.214
201812 -8,470.070 109.800 -10,228.882
201903 -1,372.380 110.400 -1,648.348
201906 -894.702 110.600 -1,072.672
201909 -2,615.860 111.100 -3,122.080
201912 -3,258.420 111.300 -3,881.999
202003 -5,868.810 111.200 -6,998.239
202006 -2,092.690 112.100 -2,475.385
202009 -2,987.390 112.900 -3,508.662
202012 115.946 112.900 136.177
202103 -3.129 114.600 -3.620
202106 -2.730 115.300 -3.140
202109 -1.489 117.500 -1.680
202112 -3.760 118.900 -4.193
202203 -2.325 119.800 -2.573
202206 -8.356 122.600 -9.038
202209 -4.624 125.600 -4.882
202212 4.289 125.900 4.517
202303 3.790 127.600 3.939
202306 3.298 130.400 3.354
202309 -0.240 129.800 -0.245
202312 -1.877 131.900 -1.887
202403 -0.290 132.600 -0.290

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


Solstad Offshore ASA  (OSTO:SOFFO) 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.

During the past 13 years, the highest Shiller P/E Ratio of Solstad Offshore ASA was 85.38. The lowest was 74.61. And the median was 78.34.


Be Aware

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


Solstad Offshore ASA E10 Related Terms

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


Solstad Offshore ASA (OSTO:SOFFO) Business Description

Traded in Other Exchanges
Address
Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Offshore ASA is an owner and operator of offshore service vessels, offering maritime services to the petroleum and renewable energy industries. Its operating segments include AHTS: anchor handling vessels; PSV: platform supply vessels; Subsea, which includes construction vessels operating subsea construction contracts; and Renewable segment includes vessels operating renewable contracts. The company generates the majority of its revenue from the Subsea segment.

Solstad Offshore ASA (OSTO:SOFFO) Headlines

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