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Portland General Electric Co (Portland General Electric Co) E10

: $2.68 (As of Dec. 2023)
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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.

Portland General Electric Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Portland General Electric Co's average E10 Growth Rate was 5.90% per year. During the past 3 years, the average E10 Growth Rate was 7.30% per year. During the past 5 years, the average E10 Growth Rate was 5.60% per year. During the past 10 years, the average E10 Growth Rate was 4.20% 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 Portland General Electric Co was 7.30% per year. The lowest was -4.60% per year. And the median was 3.60% per year.

As of today (2024-04-19), Portland General Electric Co's current stock price is $42.37. Portland General Electric Co's E10 for the quarter that ended in Dec. 2023 was $2.68. Portland General Electric Co's Shiller PE Ratio of today is 15.81.

During the past 13 years, the highest Shiller PE Ratio of Portland General Electric Co was 28.74. The lowest was 14.76. And the median was 20.54.


Portland General Electric Co E10 Historical Data

The historical data trend for Portland General Electric Co'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.

Portland General Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.17 2.17 2.36 2.53 2.68

Portland General Electric Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.53 2.57 2.68 2.69 2.68

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Portland General Electric Co'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.


Portland General Electric Co Shiller PE Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Portland General Electric Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Portland General Electric Co's Shiller PE Ratio falls into.



Portland General Electric Co 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, Portland General Electric Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.68/129.4194*129.4194
=0.680

Current CPI (Dec. 2023) = 129.4194.

Portland General Electric Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.730 99.695 0.948
201406 0.430 100.560 0.553
201409 0.470 100.428 0.606
201412 0.550 99.070 0.718
201503 0.620 99.621 0.805
201506 0.440 100.684 0.566
201509 0.400 100.392 0.516
201512 0.570 99.792 0.739
201603 0.680 100.470 0.876
201606 0.420 101.688 0.535
201609 0.380 101.861 0.483
201612 0.680 101.863 0.864
201703 0.820 102.862 1.032
201706 0.360 103.349 0.451
201709 0.440 104.136 0.547
201712 0.480 104.011 0.597
201803 0.720 105.290 0.885
201806 0.510 106.317 0.621
201809 0.590 106.507 0.717
201812 0.550 105.998 0.672
201903 0.820 107.251 0.989
201906 0.280 108.070 0.335
201909 0.610 108.329 0.729
201912 0.680 108.420 0.812
202003 0.910 108.902 1.081
202006 0.430 108.767 0.512
202009 -0.190 109.815 -0.224
202012 0.570 109.897 0.671
202103 1.070 111.754 1.239
202106 0.360 114.631 0.406
202109 0.560 115.734 0.626
202112 0.730 117.630 0.803
202203 0.670 121.301 0.715
202206 0.716 125.017 0.741
202209 0.650 125.227 0.672
202212 0.560 125.222 0.579
202303 0.800 127.348 0.813
202306 0.390 128.729 0.392
202309 0.460 129.860 0.458
202312 0.680 129.419 0.680

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


Portland General Electric Co  (NYSE:POR) 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.

Portland General Electric Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=42.37/2.68
=15.81

* 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 Portland General Electric Co was 28.74. The lowest was 14.76. And the median was 20.54.


Be Aware

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


Portland General Electric Co E10 Related Terms

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


Portland General Electric Co (Portland General Electric Co) Business Description

Traded in Other Exchanges
Address
121 South West Salmon Street, Portland, OR, USA, 97204
Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to 926,000 customers across a service territory that includes about half of all Oregon residents and two thirds of the state's business activity. The company owns (wholly or through joint ventures) 3.3 gigawatts of gas, coal, wind, and hydro generation.
Executives
Anne Frances Mersereau officer: Vice President 121 SW SALMON STREET, PORTLAND OR 97204
Marie Oh Huber director C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Michael A Lewis director 77 BEALE ST, P.O. BOX 770000, SAN FRANCISCO CA 94177
Michael Millegan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Kathryn Jean Jackson director 121 SW SALMON STREET, PORTLAND OR 97204
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Dawn L Farrell director C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19898
James P Torgerson director C/O UIL HOLDINGS CORPORATION, 157 CHURCH STREET, NEW HAVEN CT 06510
Trpik Joseph R Jr officer: SVP, Finance CFO 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
John Teeruk Kochavatr officer: Vice President, CIO 121 SW SALMON STREET, PORTLAND OR 97204
Benjamin Felton officer: EVP, COO 121 SW SALMON STREET, PORTLAND OR 97204
Brett Michael Sims officer: Vice President 121 SW SALMON ST., PORTLAND OR 97204
Larry Neal Bekkedahl officer: Sr. Vice President 121 SW SALMON STREET, PORTLAND OR 97204
Maria Angelica Espinosa officer: V. P., General Counsel 121 SW SALMON ST., PORTLAND OR 97204
James A Ajello officer: Sr. VP, CFO, Treasurer C/O HEI, P.O. BOX 730, HONOLULU HI 96808