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Petroleo Brasileiro Petrobras (XBUL:PJXA) E10 : лв1.26 (As of Dec. 2024)


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What is Petroleo Brasileiro Petrobras 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.

Petroleo Brasileiro Petrobras's adjusted earnings per share data for the three months ended in Dec. 2024 was лв-0.784. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is лв1.26 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Petroleo Brasileiro Petrobras's average E10 Growth Rate was 21.40% per year. During the past 3 years, the average E10 Growth Rate was 43.30% per year. During the past 5 years, the average E10 Growth Rate was 31.00% per year. During the past 10 years, the average E10 Growth Rate was -0.40% 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 Petroleo Brasileiro Petrobras was 51.50% per year. The lowest was -21.40% per year. And the median was -6.50% per year.

As of today (2025-03-26), Petroleo Brasileiro Petrobras's current stock price is лв11.95. Petroleo Brasileiro Petrobras's E10 for the quarter that ended in Dec. 2024 was лв1.26. Petroleo Brasileiro Petrobras's Shiller PE Ratio of today is 9.48.

During the past 13 years, the highest Shiller PE Ratio of Petroleo Brasileiro Petrobras was 44.03. The lowest was 2.01. And the median was 11.88.


Petroleo Brasileiro Petrobras E10 Historical Data

The historical data trend for Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras E10 Chart

Petroleo Brasileiro Petrobras 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 - - - - 1.26

Petroleo Brasileiro Petrobras 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 - - 1.15 1.25 1.26

Competitive Comparison of Petroleo Brasileiro Petrobras's E10

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras'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.


Petroleo Brasileiro Petrobras's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Petroleo Brasileiro Petrobras's Shiller PE Ratio falls into.


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Petroleo Brasileiro Petrobras 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, Petroleo Brasileiro Petrobras'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)
=-0.784/164.7402*164.7402
=-0.784

Current CPI (Dec. 2024) = 164.7402.

Petroleo Brasileiro Petrobras Quarterly Data

per share eps CPI Adj_EPS
201503 0.509 97.799 0.857
201506 0.073 100.006 0.120
201509 -0.327 101.392 -0.531
201512 -2.618 104.247 -4.137
201603 -0.073 106.979 -0.112
201606 0.400 108.851 0.605
201609 -1.491 109.986 -2.233
201612 0.218 110.802 0.324
201703 0.400 111.869 0.589
201706 0.036 112.115 0.053
201709 0.036 112.777 0.053
201712 -0.473 114.068 -0.683
201803 0.582 114.868 0.835
201806 0.800 117.038 1.126
201809 0.473 117.881 0.661
201812 0.145 118.340 0.202
201903 0.291 120.124 0.399
201906 1.345 120.977 1.832
201909 0.654 121.292 0.888
201912 0.552 123.436 0.737
202003 -2.691 124.092 -3.572
202006 -0.109 123.557 -0.145
202009 -0.073 125.095 -0.096
202012 3.200 129.012 4.086
202103 0.036 131.660 0.045
202106 2.254 133.871 2.774
202109 1.673 137.913 1.998
202112 1.563 141.992 1.813
202203 2.400 146.537 2.698
202206 3.054 149.784 3.359
202209 2.436 147.800 2.715
202212 2.298 150.207 2.520
202303 2.036 153.352 2.187
202306 1.636 154.519 1.744
202309 1.527 155.464 1.618
202312 1.745 157.148 1.829
202403 1.345 159.372 1.390
202406 -0.109 161.052 -0.111
202409 1.636 162.342 1.660
202412 -0.784 164.740 -0.784

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


Petroleo Brasileiro Petrobras  (XBUL:PJXA) 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.

Petroleo Brasileiro Petrobras's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.95/1.26
=9.48

* 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 Petroleo Brasileiro Petrobras was 44.03. The lowest was 2.01. And the median was 11.88.


Be Aware

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


Petroleo Brasileiro Petrobras E10 Related Terms

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


Petroleo Brasileiro Petrobras Business Description

Address
Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production of oil and gas in Brazilian offshore fields. Production in 2023 was 2.8 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.9 billion boe (85% oil). At end-2023, Petrobras operated 10 refineries in Brazil with capacity of 1.8 million barrels a day and distributes refined products and natural gas throughout Brazil.

Petroleo Brasileiro Petrobras Headlines

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