GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Orlen SA (XPRA:PKN) » Definitions » E10

Orlen (XPRA:PKN) E10 : Kč129.97 (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Orlen 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.

Orlen's adjusted earnings per share data for the three months ended in Dec. 2024 was Kč24.988. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is Kč129.97 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Orlen's average E10 Growth Rate was 19.70% per year. During the past 3 years, the average E10 Growth Rate was 33.60% 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 Orlen was 40.90% per year. The lowest was 33.60% per year. And the median was 37.25% per year.

As of today (2025-03-25), Orlen's current stock price is Kč412.00. Orlen's E10 for the quarter that ended in Dec. 2024 was Kč129.97. Orlen's Shiller PE Ratio of today is 3.17.

During the past 13 years, the highest Shiller PE Ratio of Orlen was 11.89. The lowest was 2.24. And the median was 4.01.


Orlen E10 Historical Data

The historical data trend for Orlen'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.

Orlen E10 Chart

Orlen 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 38.02 49.52 80.52 106.56 129.97

Orlen 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 106.56 110.45 120.12 124.20 129.97

Competitive Comparison of Orlen's E10

For the Oil & Gas Integrated subindustry, Orlen'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.


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

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

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



Orlen 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, Orlen'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)
=24.988/154.6602*154.6602
=24.988

Current CPI (Dec. 2024) = 154.6602.

Orlen Quarterly Data

per share eps CPI Adj_EPS
201503 11.002 100.041 17.009
201506 19.829 100.448 30.531
201509 11.562 99.634 17.948
201512 -1.181 99.471 -1.836
201603 4.911 98.983 7.673
201606 23.372 99.552 36.310
201609 22.191 99.064 34.645
201612 25.983 100.366 40.039
201703 27.909 101.018 42.729
201706 22.377 101.180 34.205
201709 23.310 101.343 35.574
201712 23.123 102.564 34.868
201803 15.167 102.564 22.871
201806 25.299 103.378 37.849
201809 30.023 103.378 44.916
201812 10.256 103.785 15.283
201903 12.308 104.274 18.255
201906 23.310 105.983 34.016
201909 18.399 105.983 26.850
201912 8.454 107.123 12.206
202003 -32.634 109.076 -46.272
202006 63.216 109.402 89.368
202009 9.448 109.320 13.366
202012 -0.062 109.565 -0.088
202103 26.791 112.658 36.780
202106 32.385 113.960 43.951
202109 42.268 115.588 56.556
202112 60.170 119.088 78.143
202203 40.279 125.031 49.824
202206 52.462 131.705 61.606
202209 145.639 135.531 166.195
202212 99.674 139.113 110.814
202303 49.914 145.950 52.893
202306 32.447 147.009 34.136
202309 24.429 146.113 25.858
202312 5.221 147.741 5.466
202403 14.794 149.044 15.352
202406 -0.186 150.997 -0.191
202409 1.181 153.439 1.190
202412 24.988 154.660 24.988

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


Orlen  (XPRA:PKN) 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.

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

Shiller PE Ratio=Share Price/E10
=412.00/129.97
=3.17

* 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 Orlen was 11.89. The lowest was 2.24. And the median was 4.01.


Be Aware

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


Orlen E10 Related Terms

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


Orlen Business Description

Traded in Other Exchanges
Address
Chemikow 7 Street, Plock, POL, 09-411
Orlen SA is an energy conglomerate that refines and distributes oil in Poland, the Czech Republic, Germany, and Lithuania. Through a group of refineries, it processes crude oil into gasoline, diesel oil, fuel oil, and aviation fuel. The company also produces petrochemicals and products used by chemical companies as feedstock. Additional operations include exploration and production activities in Poland, where it is domiciled, and Canada. Oil products are offered through thousands of service stations, which is supported by logistics infrastructure. This infrastructure includes surface and underground storage depots and a long-distance pipeline network.

Orlen Headlines