Seplat Energy (NSA:SEPLAT) Shiller PE Ratio: 38.94 (As of Sep. 05, 2026) — 90% Above Median

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NSA:SEPLAT Seplat Energy PLC NSA:SEPLAT
74 GF Score
Price ₦13,552.60
GF Value ₦10,712.56
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Seplat Energy Shiller PE Ratio?

Seplat Energy NSA:SEPLAT 74 Shiller PE Ratio is 38.94 as of Sep. 05, 2026, which is 90% above its 10-year median of 20.49. GuruFocus rates NSA:SEPLAT with a GF Score™ of 74/100 and a GF Value™ of ₦10,712.56 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 437 Oil & Gas companies, Seplat Energy ranks worse than 79.18% on this metric.

As of today (2026-09-05), Seplat Energy's current share price is ₦13552.60. Seplat Energy's E10 for the quarter that ended in Jun. 2026 was ₦348.07. Seplat Energy's Shiller PE Ratio for today is 38.94.

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

NSA:SEPLAT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.09   Med: 20.49   Max: 38.94
Current: 38.94

During the past years, Seplat Energy's highest Shiller PE Ratio was 38.94. The lowest was 3.09. And the median was 20.49.

NSA:SEPLAT's Shiller PE Ratio is ranked worse than
79.18% of 437 companies
in the Oil & Gas industry
Industry Median: 18.22 vs NSA:SEPLAT: 38.94

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.

Seplat Energy's adjusted earnings per share data for the three months ended in Jun. 2026 was ₦277.874. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₦348.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seplat Energy  (NSA:SEPLAT) 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.


Seplat Energy Shiller PE Ratio Related Terms


Seplat Energy Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Seplat Energy'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.

Seplat Energy Shiller PE Ratio Chart

Seplat Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.13 8.12 22.08 20.71

Seplat Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 21.11 20.14 20.71 30.33 32.65

NSA:SEPLAT vs COP, EOG, OXY: Shiller PE Ratio Comparison

For the Oil & Gas E&P subindustry, Seplat Energy'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.


Seplat Energy Shiller PE Ratio vs Oil & Gas Industry

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

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


NSA:SEPLAT
74GF Score
Seplat Energy PLC NSA:SEPLAT
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seplat Energy 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.

Seplat Energy's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13552.60/348.07
=38.94

* 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.

Seplat Energy's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Seplat Energy's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=277.874/333.9520*333.9520
=277.874

Current CPI (Jun. 2026) = 333.9520.

Seplat Energy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -79.393 241.428 -109.819
201612 -158.785 241.432 -219.634
201703 -39.696 243.801 -54.375
201706 -13.232 244.955 -18.039
201709 52.928 246.819 71.613
201712 621.909 246.524 842.465
201803 52.928 249.554 70.828
201806 64.705 251.989 85.751
201809 92.625 252.439 122.534
201812 119.089 251.233 158.299
201903 79.393 254.202 104.301
201906 198.482 256.143 258.775
201909 145.553 256.759 189.313
201912 224.946 256.974 292.330
202003 -251.410 258.115 -325.277
202006 -13.232 257.797 -17.141
202009 26.464 260.280 33.955
202012 -39.696 260.474 -50.894
202103 79.393 264.877 100.097
202106 52.928 271.696 65.056
202109 39.696 274.310 48.327
202112 172.017 278.802 206.044
202203 39.696 287.504 46.109
202206 145.553 296.311 164.043
202209 -13.232 296.808 -14.888
202212 -26.464 296.797 -29.777
202303 132.321 301.836 146.400
202306 -26.464 305.109 -28.966
202309 -13.232 307.789 -14.357
202312 92.625 306.746 100.840
202403 0.000 312.332 0.000
202406 92.625 314.175 98.456
202409 0.000 315.301 0.000
202412 238.178 315.605 252.024
202503 39.696 319.799 41.453
202506 13.232 322.561 13.699
202509 158.785 324.800 163.259
202512 151.097 324.054 155.712
202603 79.393 330.213 80.292
202606 277.874 333.952 277.874

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 38.94 mean?
Seplat Energy (NSA:SEPLAT) has a Shiller PE Ratio of 38.94 as of Sep. 05, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Seplat Energy and its competitors. This is 90% above median its historical median of 20.49. Over the past decade, Seplat Energy's Shiller PE Ratio has ranged from 3.09 to 38.94. According to the industry distribution chart, Seplat Energy ranks #346 out of 437 companies in the Oil & Gas industry, placing it in the top 79.2%.
Is Seplat Energy's Shiller PE Ratio too high?
Seplat Energy's current Shiller PE Ratio of 38.94 is 90% above median its 10-year median of 20.49. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 38.94. The Oil & Gas industry median Shiller PE Ratio is 18.22. Seplat Energy's value of 38.94 is 113.7% above this industry median. Based on the distribution chart, Seplat Energy ranks #346 out of 437 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Seplat Energy has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seplat Energy's Shiller PE Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Seplat Energy ranks #346 out of 437 companies for Shiller PE Ratio. This places Seplat Energy in the lower half of its industry. The industry median Shiller PE Ratio is 18.22. Seplat Energy's value of 38.94 is 113.7% above this benchmark. Historically, Seplat Energy's own Shiller PE Ratio has ranged from 3.09 to 38.94 over the past decade. While the company's 10-year median is 20.49 vs. the industry median of 18.22, Seplat Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Oil & Gas company?
The median Shiller PE Ratio among Oil & Gas companies is 18.22, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Seplat Energy's current Shiller PE Ratio of 38.94 is 113.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Seplat Energy and its competitors. For the Oil & Gas industry, the median Shiller PE Ratio is 18.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seplat Energy's current Shiller PE Ratio is 38.94, which is 90% above median its own 10-year median of 20.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seplat Energy stock overvalued right now?
Based on GuruFocus' analysis, Seplat Energy (NSA:SEPLAT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₦10,712.56, compared to a current price of ₦13,552.60 — trading 26.5% above its estimated fair value. The current Shiller PE Ratio is 38.94, which is 90% above median its 10-year median of 20.49 and 113.7% above the Oil & Gas industry median of 18.22. Seplat Energy's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Seplat Energy (NSA:SEPLAT), the current Shiller PE Ratio is 38.94 as of Sep. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Seplat Energy (NSA:SEPLAT) Overvalued in 2026?

Based on GuruFocus' analysis, Seplat Energy stock appears to be overvalued. The current stock price of ₦13,552.60 is trading 26.5% above its estimated GF Value™ of ₦10,712.56. GuruFocus considers Seplat Energy to be Modestly Overvalued.

Key valuation signals for NSA:SEPLAT:

  • Shiller PE Ratio: 38.94 (90% above median its 10-year median of 20.49)
  • GF Value™: ₦10,712.56 vs. price of ₦13,552.60 (26.5% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 113.7% above the Oil & Gas median (#346 of 437)

No single metric tells the full story. See the NSA:SEPLAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seplat Energy Business Description

Industry EnergyOil & Gas
Address 1, Lekki-Epe Expressway, Victoria Island, Seplat House, Lagos, NGA
Seplat Energy PLC is a Nigerian independent upstream oil and gas company that focuses on production and development opportunities in Nigeria. The company has two reportable segments, namely Oil and Gas. Geographically, it derives a key revenue from India, Spain, the Netherlands, and the USA. The company's exploration assets include OMLs 4, 38, and 41, which are located in Edo and Delta States onshore Nigeria; OPL 283 Marginal Field Area; and OML 53, which is located onshore in Imo State in the North-Eastern Niger Delta.
74GF Score

Get the complete analysis for NSA:SEPLAT

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦13,552.60
Price
₦10,712.56
GF Value