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Suburban Propane Partners LP (Suburban Propane Partners LP) E10 : $1.48 (As of Dec. 2023)


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What is Suburban Propane Partners LP 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.

Suburban Propane Partners LP's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.48 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Suburban Propane Partners LP's average E10 Growth Rate was 2.10% per year. During the past 3 years, the average E10 Growth Rate was 6.20% per year. During the past 5 years, the average E10 Growth Rate was -4.30% per year. During the past 10 years, the average E10 Growth Rate was -8.60% 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 Suburban Propane Partners LP was 20.80% per year. The lowest was -18.50% per year. And the median was -0.35% per year.

As of today (2024-04-27), Suburban Propane Partners LP's current stock price is $19.69. Suburban Propane Partners LP's E10 for the quarter that ended in Dec. 2023 was $1.48. Suburban Propane Partners LP's Shiller PE Ratio of today is 13.30.

During the past 13 years, the highest Shiller PE Ratio of Suburban Propane Partners LP was 18.34. The lowest was 7.80. And the median was 12.16.


Suburban Propane Partners LP E10 Historical Data

The historical data trend for Suburban Propane Partners 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.

* Premium members only.

Suburban Propane Partners LP E10 Chart

Suburban Propane Partners LP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.31 1.19 1.51 1.57

Suburban Propane Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.45 1.35 1.45 1.57 1.48

Competitive Comparison of Suburban Propane Partners LP's E10

For the Utilities - Regulated Gas subindustry, Suburban Propane Partners 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.


Suburban Propane Partners LP's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Suburban Propane Partners LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Suburban Propane Partners LP's Shiller PE Ratio falls into.



Suburban Propane Partners 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, Suburban Propane Partners LP'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)
=0.38/129.4194*129.4194
=0.380

Current CPI (Dec. 2023) = 129.4194.

Suburban Propane Partners LP Quarterly Data

per share eps CPI Adj_EPS
201403 2.460 99.695 3.193
201406 -0.980 100.560 -1.261
201409 -0.900 100.428 -1.160
201412 0.920 99.070 1.202
201503 2.240 99.621 2.910
201506 -0.670 100.684 -0.861
201509 -1.110 100.392 -1.431
201512 0.200 99.792 0.259
201603 1.510 100.470 1.945
201606 -0.490 101.688 -0.624
201609 -0.990 101.861 -1.258
201612 0.560 101.863 0.711
201703 1.360 102.862 1.711
201706 -0.480 103.349 -0.601
201709 -0.830 104.136 -1.032
201712 0.600 104.011 0.747
201803 1.730 105.290 2.126
201806 -0.270 106.317 -0.329
201809 -0.830 106.507 -1.009
201812 0.450 105.998 0.549
201903 1.940 107.251 2.341
201906 -0.470 108.070 -0.563
201909 -0.820 108.329 -0.980
201912 0.640 108.420 0.764
202003 1.230 108.902 1.462
202006 -0.250 108.767 -0.297
202009 -0.660 109.815 -0.778
202012 0.610 109.897 0.718
202103 2.020 111.754 2.339
202106 -0.410 114.631 -0.463
202109 -0.260 115.734 -0.291
202112 0.340 117.630 0.374
202203 2.740 121.301 2.923
202206 -0.040 125.017 -0.041
202209 -0.860 125.227 -0.889
202212 0.710 125.222 0.734
202303 1.620 127.348 1.646
202306 -0.080 128.729 -0.080
202309 -0.330 129.860 -0.329
202312 0.380 129.419 0.380

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


Suburban Propane Partners LP  (NYSE:SPH) 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.

Suburban Propane Partners LP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.69/1.48
=13.30

* 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 Suburban Propane Partners LP was 18.34. The lowest was 7.80. And the median was 12.16.


Be Aware

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


Suburban Propane Partners LP E10 Related Terms

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


Suburban Propane Partners LP (Suburban Propane Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
240 Route 10 West, P.O. Box 206, Whippany, NJ, USA, 07981
Suburban Propane Partners LP distributes propane, fuel oil, and other refined fuels to customers in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets. The company operates in three segments: Propane; Fuel Oil and Refined Fuels; and Natural Gas and Electricity. It generates maximum revenue from Propane segment.
Executives
Michael A Stivala officer: Controller C/O SUBURBAN PROPANE PARTNERS LP, P O BOX 206, WHIPPANY NJ 07981
Douglas Brinkworth officer: Vice President, Product Supply C/O SUBURBAN PROPANE PARTERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Nandini Sankara officer: VP Mark. & Brand Strategy 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Samuel Hodges officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Brent Stubbs officer: VP - Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Alejandro Centeno officer: VP, Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Logan Harold R Jr director
Rommel Oates director 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Amy Adams director 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Michael A Schueler officer: Vice President-Product Supply C/O SUBURBAN PROPANE, 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Bryon L Koepke officer: VP,Gen.Counsel & Secretary 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Dee Arthur Tate officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Daniel W. Boyd officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPANNY NJ 07981-0206
Gregory L. Boyd officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Francesca Cleffi officer: Vice President,Human Resources C/O SUBURBAN PROPANE PARTNERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206