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SSP Offshore (SSP Offshore) E10 : $0.00 (As of Sep. 2014)


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What is SSP Offshore 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.

SSP Offshore's adjusted earnings per share data for the three months ended in Sep. 2014 was $0.226. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Sep. 2014.

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.

As of today (2024-05-28), SSP Offshore's current stock price is $0.017. SSP Offshore's E10 for the quarter that ended in Sep. 2014 was $0.00. SSP Offshore's Shiller PE Ratio of today is .


SSP Offshore E10 Historical Data

The historical data trend for SSP Offshore'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.

SSP Offshore E10 Chart

SSP Offshore Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.03 -0.03 -0.04 -0.03

SSP Offshore Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - -0.03 - - -

Competitive Comparison of SSP Offshore's E10

For the Oil & Gas Drilling subindustry, SSP Offshore'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.


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

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

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



SSP Offshore 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, SSP Offshore's adjusted earnings per share data for the three months ended in Sep. 2014 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=0.226/99.3943*99.3943
=0.226

Current CPI (Sep. 2014) = 99.3943.

SSP Offshore Quarterly Data

per share eps CPI Adj_EPS
200412 -0.027 83.276 -0.032
200503 0.002 83.987 0.002
200506 0.006 84.461 0.007
200509 -0.022 85.647 -0.026
200512 0.000 85.015 0.000
200603 0.003 85.805 0.003
200606 -0.018 86.516 -0.021
200609 0.004 86.279 0.005
200612 0.006 86.437 0.007
200703 0.000 87.780 0.000
200706 0.010 88.412 0.011
200709 -0.029 88.412 -0.033
200712 0.001 88.491 0.001
200803 -0.010 88.965 -0.011
200806 -0.040 91.177 -0.044
200809 -0.060 91.414 -0.065
200812 -0.016 89.518 -0.018
200903 -0.030 90.071 -0.033
200906 0.080 90.940 0.087
200909 -0.021 90.624 -0.023
200912 0.000 90.703 0.000
201003 -0.010 91.335 -0.011
201006 0.030 91.809 0.032
201009 -0.012 92.362 -0.013
201012 -0.011 92.836 -0.012
201103 -0.010 94.338 -0.011
201106 -0.009 94.654 -0.009
201109 -0.009 95.286 -0.009
201112 -0.008 94.970 -0.008
201203 -0.010 96.155 -0.010
201206 -0.009 96.076 -0.009
201209 0.000 96.392 0.000
201212 -0.006 95.760 -0.006
201303 0.008 97.103 0.008
201306 -0.005 97.182 -0.005
201309 -0.005 97.419 -0.005
201312 0.007 96.945 0.007
201403 -0.009 98.604 -0.009
201406 -0.008 99.473 -0.008
201409 0.226 99.394 0.226

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


SSP Offshore  (OTCPK:SSZZF) 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.


Be Aware

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


SSP Offshore E10 Related Terms

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


SSP Offshore (SSP Offshore) Business Description

Traded in Other Exchanges
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Address
SSP Offshore, Inc. and its subsidiaries are engaged in the development and commercialization of proprietary technology related to floating, production, storage and offloading vessels. The Company is also pursuing other applications for the technology other than FPSOs. The Company's product is the game changing SSP, the next generation round floater that redefines the FPSO.

SSP Offshore (SSP Offshore) Headlines

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