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Exxon Mobil (Exxon Mobil) E10 : $5.58 (As of Mar. 2024)


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What is Exxon Mobil 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.

Exxon Mobil's adjusted earnings per share data for the three months ended in Mar. 2024 was $2.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Exxon Mobil's average E10 Growth Rate was 0.70% per year. During the past 3 years, the average E10 Growth Rate was 2.40% per year. During the past 5 years, the average E10 Growth Rate was -3.30% per year. During the past 10 years, the average E10 Growth Rate was -4.10% 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 Exxon Mobil was 20.60% per year. The lowest was -8.40% per year. And the median was 7.80% per year.

As of today (2024-06-18), Exxon Mobil's current stock price is $109.38. Exxon Mobil's E10 for the quarter that ended in Mar. 2024 was $5.58. Exxon Mobil's Shiller PE Ratio of today is 19.60.

During the past 13 years, the highest Shiller PE Ratio of Exxon Mobil was 21.91. The lowest was 5.16. And the median was 12.13.


Exxon Mobil E10 Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil E10 Chart

Exxon Mobil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.35 5.17 5.04 5.44 5.55

Exxon Mobil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.54 5.59 5.63 5.55 5.58

Competitive Comparison of Exxon Mobil's E10

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


Exxon Mobil's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Exxon Mobil's Shiller PE Ratio falls into.



Exxon Mobil 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, Exxon Mobil's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.06/131.7762*131.7762
=2.060

Current CPI (Mar. 2024) = 131.7762.

Exxon Mobil Quarterly Data

per share eps CPI Adj_EPS
201406 2.050 100.560 2.686
201409 1.890 100.428 2.480
201412 1.560 99.070 2.075
201503 1.170 99.621 1.548
201506 1.000 100.684 1.309
201509 1.010 100.392 1.326
201512 0.670 99.792 0.885
201603 0.430 100.470 0.564
201606 0.410 101.688 0.531
201609 0.630 101.861 0.815
201612 0.410 101.863 0.530
201703 0.950 102.862 1.217
201706 0.780 103.349 0.995
201709 0.930 104.136 1.177
201712 1.970 104.011 2.496
201803 1.090 105.290 1.364
201806 0.920 106.317 1.140
201809 1.460 106.507 1.806
201812 1.410 105.998 1.753
201903 0.550 107.251 0.676
201906 0.730 108.070 0.890
201909 0.750 108.329 0.912
201912 1.330 108.420 1.617
202003 -0.140 108.902 -0.169
202006 -0.260 108.767 -0.315
202009 -0.150 109.815 -0.180
202012 -4.700 109.897 -5.636
202103 0.640 111.754 0.755
202106 1.100 114.631 1.265
202109 1.570 115.734 1.788
202112 2.080 117.630 2.330
202203 1.280 121.301 1.391
202206 4.210 125.017 4.438
202209 4.680 125.227 4.925
202212 3.090 125.222 3.252
202303 2.790 127.348 2.887
202306 1.940 128.729 1.986
202309 2.250 129.860 2.283
202312 1.910 129.419 1.945
202403 2.060 131.776 2.060

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


Exxon Mobil  (NYSE:XOM) 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.

Exxon Mobil's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=109.38/5.58
=19.60

* 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 Exxon Mobil was 21.91. The lowest was 5.16. And the median was 12.13.


Be Aware

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


Exxon Mobil E10 Related Terms

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


Exxon Mobil (Exxon Mobil) Business Description

Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
Executives
Jeffrey W Ubben director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Darrin L Talley officer: Vice President 22777 SPRINGWOODS VILLAGE PKWY, C/O EXXON MOBIL CORPORATION, SPRING TX 77389
John D Harris director C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence W Kellner director 1600 SMITH ST., HQSEO, HOUSTON TX 77002
Leonard M. Fox officer: Vice President and Controller 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, IRVING TX 75039-2298
James R. Chapman officer: VP, Tax and Treasurer 120 TREDEGAR STREET, RICHMOND VA 23219
Stephen A Littleton officer: Vice President and Secretary 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Wojnar Theodore J Jr officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Spellings James M Jr officer: Vice Pres. & Gen. Tax Counsel C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Linda D Ducharme officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Darren W Woods officer: Vice President C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Michael J Angelakis director 40 MORRIS AVENUE, BRYN MAWR PA 19010
Kathryn A Mikells officer: Senior Vice President 77 W. WACKER DRIVE, CHICAGO IL 60601
Alexander Karsner director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Kaisa Hietala director 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD TX 75039-2298

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