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Prosafe SE (Prosafe SE) E10 : $505.53 (As of Mar. 2024)


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What is Prosafe 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.

Prosafe SE's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $505.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Prosafe SE's average E10 Growth Rate was -88.50% per year. During the past 3 years, the average E10 Growth Rate was -55.20% per year. During the past 5 years, the average E10 Growth Rate was -41.00% 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 Prosafe SE was -15.70% per year. The lowest was -55.20% per year. And the median was -27.80% per year.

As of today (2024-05-27), Prosafe SE's current stock price is $4.95. Prosafe SE's E10 for the quarter that ended in Mar. 2024 was $505.53. Prosafe SE's Shiller PE Ratio of today is 0.01.

During the past 13 years, the highest Shiller PE Ratio of Prosafe SE was 0.16. The lowest was 0.01. And the median was 0.02.


Prosafe SE E10 Historical Data

The historical data trend for Prosafe 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.

Prosafe SE E10 Chart

Prosafe 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 29,838.50 9,025.04 59,750.80 6,050.21 816.22

Prosafe 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 5,888.58 4,922.15 2,193.11 816.22 505.53

Competitive Comparison of Prosafe SE's E10

For the Oil & Gas Equipment & Services subindustry, Prosafe 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.


Prosafe SE's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Prosafe SE's Shiller PE Ratio distribution charts can be found below:

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



Prosafe 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, Prosafe 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)
=-0.48/132.6000*132.6000
=-0.480

Current CPI (Mar. 2024) = 132.6000.

Prosafe SE Quarterly Data

per share eps CPI Adj_EPS
201406 9,741.490 97.500 13,248.426
201409 15,694.600 98.500 21,127.959
201412 11,365.100 98.600 15,284.100
201503 5,953.130 99.200 7,957.510
201506 2,705.970 100.100 3,584.532
201509 12,447.500 100.600 16,406.943
201512 -32,628.600 100.900 -42,879.607
201603 -887.675 102.500 -1,148.348
201606 17.754 103.800 22.680
201609 14,007.500 104.200 17,825.283
201612 -406.550 104.400 -516.365
201703 -239.672 105.000 -302.671
201706 -408.330 105.800 -511.763
201709 -7,891.430 105.900 -9,881.054
201712 439.850 106.100 549.709
201803 159.781 107.300 197.455
201806 71.014 108.500 86.788
201809 -1,216.110 109.500 -1,472.659
201812 -195.288 109.800 -235.840
201903 -284.056 110.400 -341.176
201906 17.754 110.600 21.286
201909 -3,639.470 111.100 -4,343.778
201912 -133.151 111.300 -158.633
202003 -8,628.200 111.200 -10,288.663
202006 -426.084 112.100 -504.003
202009 -248.549 112.900 -291.918
202012 -291.335 112.900 -342.170
202103 -907.985 114.600 -1,050.600
202106 -112.992 115.300 -129.946
202109 -89.788 117.500 -101.327
202112 104.721 118.900 116.787
202203 -1.198 119.800 -1.326
202206 1.065 122.600 1.152
202209 0.994 125.600 1.049
202212 -0.700 125.900 -0.737
202303 -2.470 127.600 -2.567
202306 -2.299 130.400 -2.338
202309 -0.435 129.800 -0.444
202312 -1.331 131.900 -1.338
202403 -0.480 132.600 -0.480

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


Prosafe SE  (OTCPK:PRSEF) 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.

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

Shiller PE Ratio=Share Price/E10
=4.95/505.53
=0.01

* 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 Prosafe SE was 0.16. The lowest was 0.01. And the median was 0.02.


Be Aware

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


Prosafe SE E10 Related Terms

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


Prosafe SE (Prosafe SE) Business Description

Traded in Other Exchanges
Address
Forusparken 2, Stavanger, NOR, 4031
Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels primarily serves energy companies on various offshore projects in global offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning. Its core markets are the North Sea and Brazil.

Prosafe SE (Prosafe SE) Headlines

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