PAA (Plains All American Pipeline LP) E10: $0.99 (As of Mar. 2026)

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PAA Plains All American Pipeline LP PAA
73 GF Score
Price $24.84
GF Value $17.28
Valuation Significantly Overvalued
! 14 Warning Signs
View Full Analysis

What is Plains All American Pipeline LP E10?

Plains All American Pipeline LP PAA -0.20% 73 E10 is $0.99 as of Mar. 2026. GuruFocus rates PAA with a GF Score™ of 73/100 and a GF Value™ of $17.28 (Significantly Overvalued). The stock has 14 warning signs investors should review.

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. 2026 was $0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Plains All American Pipeline LP's average E10 Growth Rate was 11.20% per year. During the past 3 years, the average E10 Growth Rate was -8.80% per year. During the past 5 years, the average E10 Growth Rate was -10.20% per year. During the past 10 years, the average E10 Growth Rate was -7.60% 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 -0.40% per year.

As of today (2026-07-30), Plains All American Pipeline LP's current stock price is $24.84. Plains All American Pipeline LP's E10 for the quarter that ended in Mar. 2026 was $0.99. Plains All American Pipeline LP's Shiller PE Ratio of today is 25.09.

During the past 13 years, the highest Shiller PE Ratio of Plains All American Pipeline LP was 25.17. The lowest was 2.74. And the median was 12.41.


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
=24.84/0.99
=25.09

* 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 25.17. The lowest was 2.74. And the median was 12.41.


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


Plains All American Pipeline LP E10 Historical Data

* Premium members only.

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.

Plains All American Pipeline LP E10 Chart

Plains All American Pipeline LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.28 1.09 0.88 0.97

Plains All American Pipeline LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.89 0.93 0.96 0.97 0.99

PAA vs WES, DTM, AM: E10 Comparison

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 Shiller PE Ratio vs 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.


PAA
73GF Score
Plains All American Pipeline LP PAA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.14/330.2130*330.2130
=0.140

Current CPI (Mar. 2026) = 330.2130.

Plains All American Pipeline LP Quarterly Data

per share eps CPI Adj_EPS
201606 -0.200 241.018 -0.274
201609 0.400 241.428 0.547
201612 0.140 241.432 0.191
201703 0.580 243.801 0.786
201706 0.210 244.955 0.283
201709 -0.010 246.819 -0.013
201712 0.190 246.524 0.255
201803 0.330 249.554 0.437
201806 0.070 251.989 0.092
201809 0.870 252.439 1.138
201812 1.380 251.233 1.814
201903 1.200 254.202 1.559
201906 0.540 256.143 0.696
201909 0.550 256.759 0.707
201912 0.350 256.974 0.450
202003 -3.980 258.115 -5.092
202006 0.130 257.797 0.167
202009 0.130 260.280 0.165
202012 -0.110 260.474 -0.139
202103 0.510 264.877 0.636
202106 -0.370 271.696 -0.450
202109 -0.150 274.310 -0.181
202112 0.560 278.802 0.663
202203 0.190 287.504 0.218
202206 0.220 296.311 0.245
202209 0.480 296.808 0.534
202212 0.300 296.797 0.334
202303 0.520 301.836 0.569
202306 0.320 305.109 0.346
202309 0.200 307.789 0.215
202312 0.360 306.746 0.388
202403 0.290 312.332 0.307
202406 0.260 314.175 0.273
202409 0.220 315.301 0.230
202412 -0.040 315.605 -0.042
202503 0.490 319.799 0.506
202506 0.210 322.561 0.215
202509 0.550 324.800 0.559
202512 0.410 324.054 0.418
202603 0.140 330.213 0.140

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.99 mean?
Plains All American Pipeline LP (PAA) has a E10 of $0.99 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Plains All American Pipeline LP and its competitors.
Is Plains All American Pipeline LP's E10 too high?
Plains All American Pipeline LP's current E10 is $0.99. Overall, Plains All American Pipeline LP has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains All American Pipeline LP's E10 compare to WES and DTM?
Plains All American Pipeline LP's E10 of $0.99 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Oil & Gas company?
A good E10 depends on the Oil & Gas industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Plains All American Pipeline LP and its competitors. Plains All American Pipeline LP's current E10 is $0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plains All American Pipeline LP stock overvalued right now?
Based on GuruFocus' analysis, Plains All American Pipeline LP (PAA) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.28, compared to a current price of $24.84 — trading 43.8% above its estimated fair value. The current E10 is $0.99. Plains All American Pipeline LP's overall GF Score™ is 73/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Plains All American Pipeline LP (PAA), the current E10 is $0.99 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Plains All American Pipeline LP (PAA) Overvalued in 2026?

Based on GuruFocus' analysis, Plains All American Pipeline LP stock appears to be overvalued. The current stock price of $24.84 is trading 43.8% above its estimated GF Value™ of $17.28. GuruFocus considers Plains All American Pipeline LP to be Significantly Overvalued.

Key valuation signals for PAA:

  • E10: $0.99
  • GF Value™: $17.28 vs. price of $24.84 (43.8% above fair value)
  • GF Score™: 73/100 with 14 warning signs

No single metric tells the full story. See the PAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plains All American Pipeline LP Business Description

Industry EnergyOil & Gas
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, 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.
73GF Score

Get the complete analysis for PAA

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.84
Price
$17.28
GF Value