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TGSNF (TGS ASA) E10 : $0.26 (As of Dec. 2024)


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What is TGS ASA 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.

TGS ASA's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.26 for the trailing ten years ended in Dec. 2024.

During the past 12 months, TGS ASA's average E10 Growth Rate was -29.40% per year. During the past 3 years, the average E10 Growth Rate was -25.00% per year. During the past 5 years, the average E10 Growth Rate was -22.30% 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 TGS ASA was -12.20% per year. The lowest was -25.00% per year. And the median was -18.40% per year.

As of today (2025-03-14), TGS ASA's current stock price is $8.80. TGS ASA's E10 for the quarter that ended in Dec. 2024 was $0.26. TGS ASA's Shiller PE Ratio of today is 33.85.

During the past 13 years, the highest Shiller PE Ratio of TGS ASA was 44.23. The lowest was 10.43. And the median was 23.40.


TGS ASA E10 Historical Data

The historical data trend for TGS ASA'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.

TGS ASA E10 Chart

TGS ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.78 0.49 0.39 0.26

TGS ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.39 0.26 0.23 0.27 0.26

Competitive Comparison of TGS ASA's E10

For the Oil & Gas Equipment & Services subindustry, TGS ASA'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.


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

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

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



TGS ASA 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, TGS ASA's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.19/134.8000*134.8000
=0.190

Current CPI (Dec. 2024) = 134.8000.

TGS ASA Quarterly Data

per share eps CPI Adj_EPS
201503 0.280 99.200 0.380
201506 0.240 100.100 0.323
201509 0.390 100.600 0.523
201512 -1.200 100.900 -1.603
201603 -0.200 102.500 -0.263
201606 0.170 103.800 0.221
201609 0.020 104.200 0.026
201612 0.294 104.400 0.380
201703 0.020 105.000 0.026
201706 0.090 105.800 0.115
201709 0.090 105.900 0.115
201712 0.530 106.100 0.673
201803 -0.040 107.300 -0.050
201806 0.230 108.500 0.286
201809 0.320 109.500 0.394
201812 1.210 109.800 1.486
201903 0.040 110.400 0.049
201906 -0.020 110.600 -0.024
201909 0.360 111.100 0.437
201912 0.630 111.300 0.763
202003 -0.260 111.200 -0.315
202006 -0.670 112.100 -0.806
202009 -0.600 112.900 -0.716
202012 0.100 112.900 0.119
202103 0.110 114.600 0.129
202106 -0.140 115.300 -0.164
202109 0.030 117.500 0.034
202112 -0.660 118.900 -0.748
202203 0.180 119.800 0.203
202206 0.220 122.600 0.242
202209 -0.020 125.600 -0.021
202212 0.360 125.900 0.385
202303 -0.070 127.600 -0.074
202306 0.180 130.400 0.186
202309 0.130 129.800 0.135
202312 -0.070 131.900 -0.072
202403 -0.130 132.600 -0.132
202406 0.270 133.800 0.272
202409 0.190 133.700 0.192
202412 0.190 134.800 0.190

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


TGS ASA  (OTCPK:TGSNF) 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.

TGS ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.80/0.26
=33.85

* 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 TGS ASA was 44.23. The lowest was 10.43. And the median was 23.40.


Be Aware

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


TGS ASA E10 Related Terms

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


TGS ASA Business Description

Address
Askekroken 11, Oslo, NOR, 0277
TGS ASA S provides data, intelligence, ocean bottom node (OBN) acquisition services, processing, analytics, cloud-based data applications, and other specialized services and solutions to energy companies across the energy spectrum, whether it is oil and gas, carbon capture and storage, or wind development. Its reportable segments are divided into six overall business units: Western Hemisphere (WH), Eastern Hemisphere (EH), Digital Energy Solutions (DES), Acquisition (ACQ), Imaging, and G&A. It generates the majority of its revenue from Western Hemisphere (WH).