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Vertex Energy (STU:5VE) E10 : €-0.54 (As of Mar. 2024)


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What is Vertex Energy 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.

Vertex Energy's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.175. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.54 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -43.40% 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 Vertex Energy was 69.40% per year. The lowest was -51.00% per year. And the median was -8.00% per year.

As of today (2024-05-27), Vertex Energy's current stock price is €1.009. Vertex Energy's E10 for the quarter that ended in Mar. 2024 was €-0.54. Vertex Energy's Shiller PE Ratio of today is .


Vertex Energy E10 Historical Data

The historical data trend for Vertex Energy'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.

Vertex Energy E10 Chart

Vertex Energy 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 - - -0.27 -0.37 -0.53

Vertex Energy 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 -0.31 -0.41 -0.46 -0.53 -0.54

Competitive Comparison of Vertex Energy's E10

For the Oil & Gas Refining & Marketing subindustry, Vertex Energy'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.


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

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

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



Vertex Energy 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, Vertex Energy'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)
=-0.175/131.7762*131.7762
=-0.175

Current CPI (Mar. 2024) = 131.7762.

Vertex Energy Quarterly Data

per share eps CPI Adj_EPS
201406 0.206 100.560 0.270
201409 -0.062 100.428 -0.081
201412 -0.397 99.070 -0.528
201503 -0.554 99.621 -0.733
201506 -0.018 100.684 -0.024
201509 -0.098 100.392 -0.129
201512 -0.129 99.792 -0.170
201603 -0.063 100.470 -0.083
201606 -0.187 101.688 -0.242
201609 -0.027 101.861 -0.035
201612 -0.069 101.863 -0.089
201703 -0.112 102.862 -0.143
201706 -0.071 103.349 -0.091
201709 -0.101 104.136 -0.128
201712 -0.034 104.011 -0.043
201803 -0.081 105.290 -0.101
201806 0.026 106.317 0.032
201809 -0.111 106.507 -0.137
201812 -0.026 105.998 -0.032
201903 -0.133 107.251 -0.163
201906 -0.027 108.070 -0.033
201909 -0.082 108.329 -0.100
201912 0.000 108.420 0.000
202003 -0.190 108.902 -0.230
202006 -0.222 108.767 -0.269
202009 -0.085 109.815 -0.102
202012 -0.099 109.897 -0.119
202103 0.008 111.754 0.009
202106 -0.315 114.631 -0.362
202109 0.102 115.734 0.116
202112 -0.124 117.630 -0.139
202203 -0.073 121.301 -0.079
202206 -0.937 125.017 -0.988
202209 0.152 125.227 0.160
202212 0.614 125.222 0.646
202303 0.635 127.348 0.657
202306 -0.951 128.729 -0.974
202309 0.159 129.860 0.161
202312 -0.688 129.419 -0.701
202403 -0.175 131.776 -0.175

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


Vertex Energy  (STU:5VE) 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.


Vertex Energy E10 Related Terms

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


Vertex Energy (STU:5VE) Business Description

Traded in Other Exchanges
Address
1331 Gemini Street, Suite 250, Houston, TX, USA, 77058
Vertex Energy Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its operating segments are Refining and Marketing, and Recovery. The company generates maximum revenue from the Refining and Marketing segment. The company collects used oil from businesses such as oil change service stations, automotive repair shops, petroleum refineries, and petrochemical manufacturing operations.

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