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Primeline Energy Holdings (TSXV:PEH.H) E10 : C$-0.11 (As of Dec. 2019)


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What is Primeline Energy Holdings 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.

Primeline Energy Holdings's adjusted earnings per share data for the three months ended in Dec. 2019 was C$-0.023. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.11 for the trailing ten years ended in Dec. 2019.

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 (2024-06-18), Primeline Energy Holdings's current stock price is C$0.01. Primeline Energy Holdings's E10 for the quarter that ended in Dec. 2019 was C$-0.11. Primeline Energy Holdings's Shiller PE Ratio of today is .


Primeline Energy Holdings E10 Historical Data

The historical data trend for Primeline Energy Holdings'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.

Primeline Energy Holdings E10 Chart

Primeline Energy Holdings Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.06 -0.06 -0.06 -0.09

Primeline Energy Holdings Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -0.09 -0.09 -0.10 -0.11 -0.11

Competitive Comparison of Primeline Energy Holdings's E10

For the Oil & Gas E&P subindustry, Primeline Energy Holdings'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.


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

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

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



Primeline Energy Holdings 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, Primeline Energy Holdings's adjusted earnings per share data for the three months ended in Dec. 2019 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=-0.023/110.6999*110.6999
=-0.023

Current CPI (Dec. 2019) = 110.6999.

Primeline Energy Holdings Quarterly Data

per share eps CPI Adj_EPS
201003 -0.018 81.239 -0.025
201006 0.000 81.568 0.000
201009 -0.002 80.029 -0.003
201012 -0.003 83.217 -0.004
201103 -0.009 84.756 -0.012
201106 -0.002 86.185 -0.003
201109 -0.003 84.646 -0.004
201112 -0.003 87.944 -0.004
201203 -0.003 88.934 -0.004
201206 -0.001 89.373 -0.001
201209 -0.003 87.834 -0.004
201212 -0.004 91.132 -0.005
201303 0.000 92.122 0.000
201306 -0.004 93.001 -0.005
201309 -0.002 91.902 -0.002
201312 -0.003 95.090 -0.003
201403 0.000 95.749 0.000
201406 -0.003 96.409 -0.003
201409 0.000 97.948 0.000
201412 -0.018 99.707 -0.020
201503 -0.001 99.927 -0.001
201506 -0.062 99.267 -0.069
201509 -0.089 99.927 -0.099
201512 -0.125 102.015 -0.136
201603 -0.039 102.785 -0.042
201606 -0.097 101.686 -0.106
201609 -0.051 102.565 -0.055
201612 -0.128 103.225 -0.137
201703 0.139 103.335 0.149
201706 -0.011 103.664 -0.012
201709 0.010 103.994 0.011
201712 0.007 104.984 0.007
201803 0.013 105.973 0.014
201806 -0.100 106.193 -0.104
201809 -0.134 106.852 -0.139
201812 -0.057 107.622 -0.059
201903 -0.008 108.172 -0.008
201906 -0.073 109.601 -0.074
201909 -0.085 110.260 -0.085
201912 -0.023 110.700 -0.023

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


Primeline Energy Holdings  (TSXV:PEH.H) 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.


Primeline Energy Holdings E10 Related Terms

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


Primeline Energy Holdings (TSXV:PEH.H) Business Description

Traded in Other Exchanges
N/A
Address
88 Tai Tam Reservoir Road, Hong Kong Parkview, Hong Kong, HKG
Primeline Energy Holdings Inc is engaged in the exploration, development, and production of offshore oil and gas properties in the People's Republic of China. It owns a right in the East China Sea in relation to Petroleum Contract 25/34 and Petroleum Contract 33/07. The company derives revenue from Natural gas, CO2, Condensate, Light Oil and LPG.

Primeline Energy Holdings (TSXV:PEH.H) Headlines

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