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Spectra Energy Partners LP (STU:SEZ) Shiller PE Ratio : 10.56 (As of Jun. 10, 2024)


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What is Spectra Energy Partners LP Shiller PE Ratio?

As of today (2024-06-10), Spectra Energy Partners LP's current share price is €31.37. Spectra Energy Partners LP's E10 for the quarter that ended in Sep. 2018 was €2.97. Spectra Energy Partners LP's Shiller PE Ratio for today is 10.56.

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

STU:SEZ's Shiller PE Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 17.16
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Spectra Energy Partners LP's adjusted earnings per share data for the three months ended in Sep. 2018 was €0.643. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.97 for the trailing ten years ended in Sep. 2018.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spectra Energy Partners LP Shiller PE Ratio Historical Data

The historical data trend for Spectra Energy Partners LP'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.

Spectra Energy Partners LP Shiller PE Ratio Chart

Spectra Energy Partners LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 13.85 12.19

Spectra Energy Partners LP Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 12.79 12.19 10.11 10.43 10.31

Competitive Comparison of Spectra Energy Partners LP's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, Spectra Energy Partners LP'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.


Spectra Energy Partners LP's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

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



Spectra Energy Partners LP 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.

Spectra Energy Partners LP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=31.37/2.97
=10.56

* 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.

Spectra Energy Partners LP's E10 for the quarter that ended in Sep. 2018 is calculated as:

For example, Spectra Energy Partners LP's adjusted earnings per share data for the three months ended in Sep. 2018 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=0.643/106.5067*106.5067
=0.643

Current CPI (Sep. 2018) = 106.5067.

Spectra Energy Partners LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200812 0.259 88.697 0.311
200903 0.299 89.744 0.355
200906 0.314 91.003 0.367
200909 0.329 91.120 0.385
200912 0.268 91.111 0.313
201003 0.339 91.821 0.393
201006 0.311 91.962 0.360
201009 0.336 92.162 0.388
201012 0.310 92.474 0.357
201103 0.356 94.283 0.402
201106 0.250 95.235 0.280
201109 0.291 95.727 0.324
201112 3.466 95.213 3.877
201203 0.363 96.783 0.399
201206 0.335 96.819 0.369
201209 0.310 97.633 0.338
201212 3.277 96.871 3.603
201303 1.258 98.209 1.364
201306 1.152 98.518 1.245
201309 1.047 98.790 1.129
201312 -0.190 98.326 -0.206
201403 0.506 99.695 0.541
201406 0.434 100.560 0.460
201409 0.582 100.428 0.617
201412 0.641 99.070 0.689
201503 0.739 99.621 0.790
201506 0.740 100.684 0.783
201509 0.757 100.392 0.803
201512 0.753 99.792 0.804
201603 0.718 100.470 0.761
201606 0.632 101.688 0.662
201609 0.570 101.861 0.596
201612 0.664 101.863 0.694
201703 0.692 102.862 0.717
201706 0.668 103.349 0.688
201709 0.965 104.136 0.987
201712 -1.589 104.011 -1.627
201803 0.738 105.290 0.747
201806 0.668 106.317 0.669
201809 0.643 106.507 0.643

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.


Spectra Energy Partners LP  (STU:SEZ) 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.


Spectra Energy Partners LP Shiller PE Ratio Related Terms

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Spectra Energy Partners LP (STU:SEZ) Business Description

Traded in Other Exchanges
N/A
Address
Spectra Energy Partners is a master limited partnership that is majority owned by its general partner and corporate parent, Enbridge, a Canadian energy company. SEP owns more than 15,000 miles of natural gas and oil pipelines in the U.S. and Canada. It also owns 170 billion cubic feet of gas storage and 5.6 million barrels of crude oil storage, as well as gas- and oil-gathering facilities.

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