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Dragon Oil (LSE:DGO) Shiller PE Ratio : 12.29 (As of Jun. 16, 2024)


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What is Dragon Oil Shiller PE Ratio?

As of today (2024-06-16), Dragon Oil's current share price is £7.99. Dragon Oil's E10 for the fiscal year that ended in Dec14 was £0.65. Dragon Oil's Shiller PE Ratio for today is 12.29.

The historical rank and industry rank for Dragon Oil's Shiller PE Ratio or its related term are showing as below:

LSE:DGO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.51   Med: 15.45   Max: 28.52
Current: 14.25

During the past 13 years, Dragon Oil's highest Shiller PE Ratio was 28.52. The lowest was 8.51. And the median was 15.45.

LSE:DGO's Shiller PE Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 16.83 vs LSE:DGO: 14.25

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Dragon Oil's adjusted earnings per share data of for the fiscal year that ended in Dec14 was £0.845. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.65 for the trailing ten years ended in Dec14.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dragon Oil Shiller PE Ratio Historical Data

The historical data trend for Dragon Oil's Shiller PE Ratio 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.

Dragon Oil Shiller PE Ratio Chart

Dragon Oil Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.67 14.13 14.72 12.96 10.04

Dragon Oil Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 12.96 - 10.04 -

Competitive Comparison of Dragon Oil's Shiller PE Ratio

For the Oil & Gas E&P subindustry, Dragon Oil'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.


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

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

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



Dragon Oil Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Dragon Oil's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.99/0.65
=12.29

* 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.

Dragon Oil's E10 for the fiscal year that ended in Dec14 is calculated as:

For example, Dragon Oil's adjusted earnings per share data for the fiscal year that ended in Dec14 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec14 (Change)*Current CPI (Dec14)
=0.845/99.0697*99.0697
=0.845

Current CPI (Dec14) = 99.0697.

Dragon Oil Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200512 0.129 83.032 0.154
200612 0.186 85.142 0.216
200712 0.294 88.616 0.329
200812 0.482 88.697 0.538
200912 0.309 91.111 0.336
201012 0.479 92.474 0.513
201112 0.806 95.213 0.839
201212 0.738 96.871 0.755
201312 0.637 98.326 0.642
201412 0.845 99.070 0.845

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


Dragon Oil  (LSE:DGO) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Dragon Oil Shiller PE Ratio Related Terms

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Dragon Oil (LSE:DGO) Business Description

Traded in Other Exchanges
N/A
Address
Dragon Oil PLC is an independent oil and gas exploration, development and production company. The Company's producing asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan. It has exploration blocks offshore Tunisia (the Bargou Exploration Permit), in Iraq (Block 9), Afghanistan (Sanduqli and Mazar-i-Sharif blocks), offshore the Philippines (Service Contract 63) in partnership with other companies and Block 19 in Egypt. The Company develops the hydrocarbon reserves in the Cheleken Contract Area in accordance with the terms of the Production Sharing Agreement (PSA). As at 31 December 2014 the Company had probably oil reserves of 663 million barrels of oil and condensate, gas 2P reserves and contingent gas resources of c. 2.7 TCF. The Bargou Exploration Permit contains prospective resources, while Block 9, Sanduqli and Mazar-i-Sharif blocks and Block 19 are at an early stage of exploration. The Company is subject to the international laws and regulations that it operates in.

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