GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Advantage Energy Ltd (TSX:AAV) » Definitions » E10

Advantage Energy (TSX:AAV) E10 : C$0.35 (As of Mar. 2025)


View and export this data going back to 2001. Start your Free Trial

What is Advantage 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.

Advantage Energy's adjusted earnings per share data for the three months ended in Mar. 2025 was C$-0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.35 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Advantage Energy's average E10 Growth Rate was -18.60% per year. During the past 3 years, the average E10 Growth Rate was 109.90% 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 Advantage Energy was 109.90% per year. The lowest was -51.90% per year. And the median was -2.60% per year.

As of today (2025-07-20), Advantage Energy's current stock price is C$11.37. Advantage Energy's E10 for the quarter that ended in Mar. 2025 was C$0.35. Advantage Energy's Shiller PE Ratio of today is 32.49.

During the past 13 years, the highest Shiller PE Ratio of Advantage Energy was 211.00. The lowest was 21.23. And the median was 28.64.


Advantage Energy E10 Historical Data

The historical data trend for Advantage 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.

Advantage Energy E10 Chart

Advantage Energy 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 -0.26 0.04 0.29 0.36 0.37

Advantage Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.43 0.41 0.40 0.37 0.35

Competitive Comparison of Advantage Energy's E10

For the Oil & Gas E&P subindustry, Advantage 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.


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

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

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


;
;

Advantage 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, Advantage Energy's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.17/129.1809*129.1809
=-0.170

Current CPI (Mar. 2025) = 129.1809.

Advantage Energy Quarterly Data

per share eps CPI Adj_EPS
201506 -0.010 100.500 -0.013
201509 0.040 100.421 0.051
201512 0.070 99.947 0.090
201603 0.080 101.054 0.102
201606 -0.160 102.002 -0.203
201609 0.040 101.765 0.051
201612 -0.050 101.449 -0.064
201703 0.220 102.634 0.277
201706 0.100 103.029 0.125
201709 0.070 103.345 0.088
201712 0.110 103.345 0.138
201803 0.050 105.004 0.062
201806 -0.080 105.557 -0.098
201809 -0.050 105.636 -0.061
201812 0.140 105.399 0.172
201903 0.004 106.979 0.005
201906 0.020 107.690 0.024
201909 -0.140 107.611 -0.168
201912 -0.010 107.769 -0.012
202003 -1.430 107.927 -1.712
202006 -0.110 108.401 -0.131
202009 -0.110 108.164 -0.131
202012 0.130 108.559 0.155
202103 -0.002 110.298 -0.002
202106 0.040 111.720 0.046
202109 0.220 112.905 0.252
202112 1.810 113.774 2.055
202203 0.100 117.646 0.110
202206 0.830 120.806 0.888
202209 0.210 120.648 0.225
202212 0.600 120.964 0.641
202303 0.170 122.702 0.179
202306 0.020 124.203 0.021
202309 0.160 125.230 0.165
202312 0.240 125.072 0.248
202403 0.140 126.258 0.143
202406 -0.070 127.522 -0.071
202409 -0.040 127.285 -0.041
202412 0.100 127.364 0.101
202503 -0.170 129.181 -0.170

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


Advantage Energy  (TSX:AAV) 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.

Advantage Energy's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.37/0.35
=32.49

* 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 Advantage Energy was 211.00. The lowest was 21.23. And the median was 28.64.


Be Aware

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


Advantage Energy E10 Related Terms

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


Advantage Energy Business Description

Traded in Other Exchanges
Address
440 - 2nd Avenue SW, Suite 2200, Calgary, AB, CAN, T2P 5E9
Advantage Energy Ltd is a Canadian energy company engaged in the extraction of natural gas and liquid resources. The company holds over 145,000 net acres of liquids-rich lands throughout Canada. Advantage Energy Ltd focuses on creating low-cost, low-emission Canadian energy for the world. The company sells crude and medium crude oil as well as conventional natural gas and liquid natural gas. Advantage Energy Ltd plans to grow by utilizing areas with high rate of return targets due to the presence of existing infrastructure capability.
Executives
John Quaife Senior Officer
Daniel Stuart Farb Director
Geoffrey Keyser Senior Officer
Brian Eric Bagnell Senior Officer
David Glenson Smith Director
John Festival Director
Janine Marie Mcardle Director
Darren Tisdale Senior Officer
Michael Belenkie Director, Senior Officer
Jill Terilee Angevine Director
Donald M. Clague Director
John Larry Festival Director
Andy Mah Director
Deirdre Mary Choate Director
Donald Craig Blackwood Senior Officer

Advantage Energy Headlines

No Headlines