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Williams Partners LP (Williams Partners LP) E10 : $0.00 (As of Jun. 2018)


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What is Williams Partners LP 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.

Williams Partners LP's adjusted earnings per share data for the three months ended in Jun. 2018 was $0.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Jun. 2018.

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 (2024-04-26), Williams Partners LP's current stock price is $47.37. Williams Partners LP's E10 for the quarter that ended in Jun. 2018 was $0.00. Williams Partners LP's Shiller PE Ratio of today is .


Williams Partners LP E10 Historical Data

The historical data trend for Williams Partners LP'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.

Williams Partners LP E10 Chart

Williams Partners LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.14 - - -

Williams Partners LP Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 - - - - -

Competitive Comparison of Williams Partners LP's E10

For the Oil & Gas Midstream subindustry, Williams Partners LP'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.


Williams Partners LP's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Williams Partners LP's Shiller PE Ratio falls into.



Williams Partners LP 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, Williams Partners LP's adjusted earnings per share data for the three months ended in Jun. 2018 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=0.44/106.3168*106.3168
=0.440

Current CPI (Jun. 2018) = 106.3168.

Williams Partners LP Quarterly Data

per share eps CPI Adj_EPS
200712 0.000 88.616 0.000
200812 0.000 88.697 0.000
200903 0.000 89.744 0.000
200906 0.000 91.003 0.000
200909 0.000 91.120 0.000
200912 0.000 91.111 0.000
201003 0.000 91.821 0.000
201006 0.000 91.962 0.000
201009 0.228 92.162 0.263
201012 0.016 92.474 0.018
201103 0.254 94.283 0.286
201106 0.273 95.235 0.305
201109 0.320 95.727 0.355
201112 0.433 95.213 0.483
201203 0.320 96.783 0.352
201206 0.320 96.819 0.351
201209 0.301 97.633 0.328
201212 0.057 96.871 0.063
201303 0.188 98.209 0.204
201306 0.217 98.518 0.234
201309 0.358 98.790 0.385
201312 1.129 98.326 1.221
201403 0.440 99.695 0.469
201406 0.130 100.560 0.137
201409 0.080 100.428 0.085
201412 0.350 99.070 0.376
201503 -0.340 99.621 -0.363
201506 0.140 100.684 0.148
201509 -0.320 100.392 -0.339
201512 -2.770 99.792 -2.951
201603 -0.250 100.470 -0.265
201606 -0.490 101.688 -0.512
201609 0.420 101.861 0.438
201612 0.150 101.863 0.157
201703 0.680 102.862 0.703
201706 0.330 103.349 0.339
201709 0.270 104.136 0.276
201712 -0.360 104.011 -0.368
201803 0.370 105.290 0.374
201806 0.440 106.317 0.440

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


Williams Partners LP  (NYSE:WPZ) 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.


Williams Partners LP E10 Related Terms

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


Williams Partners LP (Williams Partners LP) Business Description

Traded in Other Exchanges
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Address
Williams Partners is a large pipeline company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering and processing and storage assets. It also owns a 60% stake in Discovery, which owns offshore natural gas assets in the Gulf of Mexico. Williams Companies, a publicly traded C-Corporation, owns a 74% interest in Williams Partners. The partnership owns the underlying assets while the corporation holds the stake in the limited partnership.

Williams Partners LP (Williams Partners LP) Headlines