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RPC (RES) E10 : $0.22 (As of Dec. 2023)


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What is RPC 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.

RPC's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, RPC's average E10 Growth Rate was -4.30% per year. During the past 3 years, the average E10 Growth Rate was -18.70% per year. During the past 5 years, the average E10 Growth Rate was -20.70% per year. During the past 10 years, the average E10 Growth Rate was -10.60% 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 RPC was 35.30% per year. The lowest was -26.50% per year. And the median was 10.10% per year.

As of today (2024-04-27), RPC's current stock price is $7.12. RPC's E10 for the quarter that ended in Dec. 2023 was $0.22. RPC's Shiller PE Ratio of today is 32.36.

During the past 13 years, the highest Shiller PE Ratio of RPC was 51.75. The lowest was 3.53. And the median was 25.53.


RPC E10 Historical Data

The historical data trend for RPC'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.

RPC E10 Chart

RPC 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 0.58 0.41 0.27 0.23 0.22

RPC 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 0.24 0.25 0.23 0.22 -

Competitive Comparison of RPC's E10

For the Oil & Gas Equipment & Services subindustry, RPC'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.


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

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

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



RPC 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, RPC'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)
=0.19/129.4194*129.4194
=0.190

Current CPI (Dec. 2023) = 129.4194.

RPC Quarterly Data

per share eps CPI Adj_EPS
201403 0.180 99.695 0.234
201406 0.290 100.560 0.373
201409 0.300 100.428 0.387
201412 0.360 99.070 0.470
201503 0.040 99.621 0.052
201506 -0.160 100.684 -0.206
201509 -0.160 100.392 -0.206
201512 -0.180 99.792 -0.233
201603 -0.150 100.470 -0.193
201606 -0.230 101.688 -0.293
201609 -0.180 101.861 -0.229
201612 -0.100 101.863 -0.127
201703 0.020 102.862 0.025
201706 0.200 103.349 0.250
201709 0.260 104.136 0.323
201712 0.270 104.011 0.336
201803 0.240 105.290 0.295
201806 0.280 106.317 0.341
201809 0.230 106.507 0.279
201812 0.060 105.998 0.073
201903 -0.004 107.251 -0.005
201906 0.030 108.070 0.036
201909 -0.330 108.329 -0.394
201912 -0.110 108.420 -0.131
202003 -0.760 108.902 -0.903
202006 -0.120 108.767 -0.143
202009 -0.080 109.815 -0.094
202012 -0.050 109.897 -0.059
202103 -0.050 111.754 -0.058
202106 -0.003 114.631 -0.003
202109 0.020 115.734 0.022
202112 0.060 117.630 0.066
202203 0.070 121.301 0.075
202206 0.220 125.017 0.228
202209 0.320 125.227 0.331
202212 0.400 125.222 0.413
202303 0.330 127.348 0.335
202306 0.300 128.729 0.302
202309 0.080 129.860 0.080
202312 0.190 129.419 0.190

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


RPC  (NYSE:RES) 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.

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

Shiller PE Ratio=Share Price/E10
=7.12/0.22
=32.36

* 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 RPC was 51.75. The lowest was 3.53. And the median was 25.53.


Be Aware

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


RPC E10 Related Terms

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


RPC (RES) Business Description

Traded in Other Exchanges
Address
2801 Buford Highway NE, Suite 300, Atlanta, GA, USA, 30329
RPC Inc is an oilfield services company. It provides specialized oilfield services and equipment primarily to independent and major oil and gas companies engaged in the exploration, production, and development of oil and gas properties throughout the United States. The company's operating segment includes Technical Services and Support Services. It generates maximum revenue from the Technical Services segment. Technical Services segment consists primarily of pressure pumping, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, and fishing. Support Services segment consists primarily of drill pipe and related tools, pipe handling, pipe inspection and storage services, and oilfield training and consulting services.
Executives
Gary W. Rollins Voting Trust U/a Dated September 14, 1994 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY, NE, ATLANTA GA 30329
Amy Rollins Kreisler director 2801 BUFORD HIGHWAY, NE, SUITE 520, ATLANTA GA 30329
Timothy Curtis Rollins director 2801 BUFORD HIGHWAY, NE, SUITE 520, ATLANTA GA 30329
Pam R Rollins director 2170 PIEDMONT ROAD, ATLANTA GA 30324
Gary W Rollins director, 10 percent owner 2170 PIEDMONT ROAD NE, ATLANTA GA 30324
Lor Inc 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Michael Schmit officer: CFO and Corporate Secretary 3055 TORRINGTON DRIVE, BALL GROUND GA 30107
John F Wilson director 2170 PIEDMONT ROAD, NE, ATLANTA GA 30324
Rollins Holding Company, Inc. 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY NE, ATLANTA GA 30329
Ben M Palmer officer: VP, CFO and Treasurer C/O MARINE PRODUCTS CORP, 2170 PIEDMONT RD, NE, ATLANTA GA 30324
Patrick J. Gunning director 1958 CALDER COURT, DUNWOODY GA 30338
Susan R. Bell director 852 CASTLE FALLS DR., ATLANTA GA 30329
Harry J Cynkus director 2170 PIEDMONT RD, ATLANTA GA 30324
Jerry W Nix director 2999 WILDWOOD PARKWAY, ATLANTA GA 30339
R. Randall Rollins 2012 Trust 10 percent owner C/O RFA MANAGEMENT COMPANY, LLC, 1908 CLIFF VALLEY WAY, NE, ATLANTA GA 30329