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Exxon Mobil (NYSE:XOM) E10

: $5.42 (As of Sep. 2022)
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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 Sep. 2022 was $4.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.42 for the trailing ten years ended in Sep. 2022.

As of today (2022-12-01), Exxon Mobil's current stock price is $110.80. Exxon Mobil's E10 for the quarter that ended in Sep. 2022 was $5.42. Exxon Mobil's Shiller PE Ratio of today is 20.44.

During the past 13 years, the highest Shiller PE Ratio of Exxon Mobil was 21.02. The lowest was 5.27. And the median was 12.14.


Exxon Mobil (NYSE:XOM) 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 Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
E10 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.73 6.34 6.35 5.17 5.04

Exxon Mobil Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
E10 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 Premium Member Only Premium Member Only Premium Member Only 4.99 5.04 5.07 5.21 5.42

Exxon Mobil (NYSE:XOM) E10 Competitive Comparison

For the Oil & Gas Integrated subindustry, Exxon Mobil's E10, along with its competitors' market caps and E10 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 (NYSE:XOM) E10 Distribution

For the Oil & Gas industry and Energy sector, Exxon Mobil's E10 distribution charts can be found below:

* The bar in red indicates where Exxon Mobil's E10 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 Sep. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=4.68/125.2265*125.2265
=4.680

Current CPI (Sep. 2022) = 125.2265.

Exxon Mobil Quarterly Data

per share eps CPI Adj_EPS
201212 2.200 96.871 2.844
201303 2.120 98.209 2.703
201306 1.550 98.518 1.970
201309 1.790 98.790 2.269
201312 1.910 98.326 2.433
201403 2.100 99.695 2.638
201406 2.050 100.560 2.553
201409 1.890 100.428 2.357
201412 1.560 99.070 1.972
201503 1.170 99.621 1.471
201506 1.000 100.684 1.244
201509 1.010 100.392 1.260
201512 0.670 99.792 0.841
201603 0.430 100.470 0.536
201606 0.410 101.688 0.505
201609 0.630 101.861 0.775
201612 0.410 101.863 0.504
201703 0.950 102.862 1.157
201706 0.780 103.349 0.945
201709 0.930 104.136 1.118
201712 1.970 104.011 2.372
201803 1.090 105.290 1.296
201806 0.920 106.317 1.084
201809 1.460 106.507 1.717
201812 1.410 105.998 1.666
201903 0.550 107.251 0.642
201906 0.730 108.070 0.846
201909 0.750 108.329 0.867
201912 1.330 108.420 1.536
202003 -0.140 108.902 -0.161
202006 -0.260 108.767 -0.299
202009 -0.150 109.815 -0.171
202012 -4.700 109.897 -5.356
202103 0.640 111.754 0.717
202106 1.100 114.631 1.202
202109 1.570 115.734 1.699
202112 2.080 117.630 2.214
202203 1.280 121.301 1.321
202206 4.210 125.017 4.217
202209 4.680 125.227 4.680

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
=110.80/5.42
=20.44

* 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 21.02. The lowest was 5.27. And the median was 12.14.


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 (NYSE:XOM) Business Description

Exxon Mobil logo
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 2021, it produced 2.3 million barrels of liquids and 8.5 billion cubic feet of natural gas per day. At the end of 2021, reserves were 18.5 billion barrels of oil equivalent, 66% 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 one of the world's largest manufacturers of commodity and specialty chemicals.
Executives
Talley Darrin L officer: Vice President 5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION IRVING TX 75039-2298
Ubben Jeffrey W director 1170 GORGAS AVENUE SAN FRANCISCO CA 94129
Mikells Kathryn A officer: Senior Vice President 77 W. WACKER DRIVE CHICAGO IL 60601
Karsner Alexander director C/O APPLIED MATERIALS, INC. 3050 BOWERS AVENUE, P.O. BOX 58039 SANTA CLARA CA 95052-8039
Goff Gregory James director 19100 RIDGEWOOD PARKWAY SAN ANTONIO TX 78259
Hietala Kaisa director 5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION 5959 LAS COLINAS BOULEVARD TX 75039-2298
Gibbs Jon M. officer: Executive Officer 5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION IRVING TX 75039-2298
Fox Leonard M. officer: Vice President and Controller 5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION IRVING TX 75039-2298
Angelakis Michael J director 40 MORRIS AVENUE BRYN MAWR PA 19010
Zulkiflee Wan director 5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION IRVING TX 75039-2298
Morford Craig S officer: Vice President & Gen. Counsel CARDINAL HEALTH, INC. 7000 CARDINAL PLACE DUBLIN OH 43017
Carr Ian S officer: Vice President 5959 LAS COLINAS BOULEVARD C/O EXXON MOBIL CORPORATION IRVING TX 75039-2298
Littleton Stephen A officer: Vice President and Secretary 5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298
Hooley Joseph L director STATE STREET CORPORATION ONE LINCOLN STREET BOSTON MA 02111
Mckee Karen T officer: Vice President 5959 LAS COLINAS BOULEVARD IRVING TX 75039-2298

Exxon Mobil (NYSE:XOM) Headlines

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