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TDW (Tidewater) E10 : $-7.55 (As of Sep. 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 Sep. 2024 was $0.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-7.55 for the trailing ten years ended in Sep. 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 (2024-12-12), Tidewater's current stock price is $48.495. Tidewater's E10 for the quarter that ended in Sep. 2024 was $-7.55. 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 - - - - -7.27

Tidewater Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -7.10 -7.27 -7.66 -7.37 -7.55

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 Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.87/133.0289*133.0289
=0.870

Current CPI (Sep. 2024) = 133.0289.

Tidewater Quarterly Data

per share eps CPI Adj_EPS
201309 2.935 98.790 3.952
201403 0.000 99.695 0.000
201406 2.366 100.560 3.130
201409 3.300 100.428 4.371
201503 0.000 99.621 0.000
201506 -0.816 100.684 -1.078
201509 -2.375 100.392 -3.147
201603 0.000 100.470 0.000
201606 -4.827 101.688 -6.315
201609 -9.671 101.861 -12.630
201703 0.000 102.862 0.000
201706 -28.415 103.349 -36.575
201709 0.000 104.136 0.000
201803 -1.670 105.290 -2.110
201806 -0.440 106.317 -0.551
201809 -1.160 106.507 -1.449
201812 -2.830 105.998 -3.552
201903 -0.580 107.251 -0.719
201906 -0.420 108.070 -0.517
201909 -1.150 108.329 -1.412
201912 -1.520 108.420 -1.865
202003 -0.460 108.902 -0.562
202006 -2.740 108.767 -3.351
202009 -0.940 109.815 -1.139
202012 -0.720 109.897 -0.872
202103 -0.870 111.754 -1.036
202106 -0.720 114.631 -0.836
202109 -0.640 115.734 -0.736
202112 -0.920 117.630 -1.040
202203 -0.290 121.301 -0.318
202206 -0.610 125.017 -0.649
202209 0.100 125.227 0.106
202212 0.200 125.222 0.212
202303 0.210 127.348 0.219
202306 0.430 128.729 0.444
202309 0.490 129.860 0.502
202312 0.710 129.419 0.730
202403 0.890 131.776 0.898
202406 0.940 132.554 0.943
202409 0.870 133.029 0.870

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


Tidewater  (NYSE:TDW) 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 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 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.
Executives
Quintin Kneen director, officer: Director, President & CEO 400 N. SAM HOUSTON PKWY E. #900, HOUSTON TX 77060
Kenneth H Traub director
Louis Raspino director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Darron M. Anderson director 10350 RICHMOND AVENUE, SUITE 550, HOUSTON TX 77042
Robert Robotti director 125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
Daniel A. Hudson officer: EVP & General Counsel 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Samuel R Rubio officer: EVP, CFO & CAO 10111 RICHMOND AVE., STE. 340, HOUSTON TX 77042
David E Darling officer: EVP, COO & Chief HR Officer 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Lois K Zabrocky director 666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Melissa Cougle director 777 POST OAK BLVD., 7TH FLOOR, HOUSTON TX 77056
Larry T Rigdon director 914 MAIN STREET, SUITE 1805, HOUSTON TX 77002
Robert P. Tamburrino director C/O TIDEWATER INC., 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
John T Rynd director, officer: President and CEO 11 GREENWAY PLAZA, SUITE 2950, HOUSTON TX 77046
Randee E Day director 217 DEBRA LANE, PALM BEACH FL 33480
Dick Fagerstal director C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022