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Tidewater (STU:TD9) E10 : €-7.11 (As of Mar. 2024)


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What is Tidewater 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.

Tidewater's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.819. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-7.11 for the trailing ten years ended in Mar. 2024.

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 (2024-05-25), Tidewater's current stock price is €94.66. Tidewater's E10 for the quarter that ended in Mar. 2024 was €-7.11. Tidewater's Shiller PE Ratio of today is .


Tidewater E10 Historical Data

The historical data trend for Tidewater'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.

Tidewater E10 Chart

Tidewater Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -6.60

Tidewater 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 -6.88 -6.20 -6.80 -6.60 -7.11

Competitive Comparison of Tidewater's E10

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


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

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

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



Tidewater 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, Tidewater'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)
=0.819/131.7762*131.7762
=0.819

Current CPI (Mar. 2024) = 131.7762.

Tidewater Quarterly Data

per share eps CPI Adj_EPS
201303 0.000 98.209 0.000
201306 1.236 98.518 1.653
201309 2.196 98.790 2.929
201403 0.000 99.695 0.000
201406 1.742 100.560 2.283
201409 2.561 100.428 3.360
201503 0.000 99.621 0.000
201506 -0.727 100.684 -0.952
201509 -2.116 100.392 -2.778
201603 0.000 100.470 0.000
201606 -4.296 101.688 -5.567
201609 -8.617 101.861 -11.148
201703 0.000 102.862 0.000
201706 -25.289 103.349 -32.245
201709 0.000 104.136 0.000
201803 -1.354 105.290 -1.695
201806 -0.377 106.317 -0.467
201809 -0.994 106.507 -1.230
201812 -2.488 105.998 -3.093
201903 -0.513 107.251 -0.630
201906 -0.372 108.070 -0.454
201909 -1.044 108.329 -1.270
201912 -1.368 108.420 -1.663
202003 -0.416 108.902 -0.503
202006 -2.433 108.767 -2.948
202009 -0.798 109.815 -0.958
202012 -0.592 109.897 -0.710
202103 -0.731 111.754 -0.862
202106 -0.598 114.631 -0.687
202109 -0.544 115.734 -0.619
202112 -0.814 117.630 -0.912
202203 -0.263 121.301 -0.286
202206 -0.577 125.017 -0.608
202209 0.101 125.227 0.106
202212 0.189 125.222 0.199
202303 0.196 127.348 0.203
202306 0.397 128.729 0.406
202309 0.459 129.860 0.466
202312 0.651 129.419 0.663
202403 0.819 131.776 0.819

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


Tidewater  (STU:TD9) 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.


Tidewater E10 Related Terms

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


Tidewater (STU:TD9) Business Description

Traded in Other Exchanges
Address
842 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77024
Tidewater Inc provides offshore service vessels and marine support services to the global offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.

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