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Brookfield Infrastructure Partners LP (Brookfield Infrastructure Partners LP) E10 : $0.41 (As of Dec. 2023)


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What is Brookfield Infrastructure Partners LP 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.

Brookfield Infrastructure Partners LP's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.41 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Brookfield Infrastructure Partners LP's average E10 Growth Rate was 12.20% per year. During the past 3 years, the average E10 Growth Rate was 18.60% per year. During the past 5 years, the average E10 Growth Rate was 7.40% 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 Brookfield Infrastructure Partners LP was 18.60% per year. The lowest was -3.70% per year. And the median was 5.90% per year.

As of today (2024-04-30), Brookfield Infrastructure Partners LP's current stock price is $26.87. Brookfield Infrastructure Partners LP's E10 for the quarter that ended in Dec. 2023 was $0.41. Brookfield Infrastructure Partners LP's Shiller PE Ratio of today is 65.54.

During the past 13 years, the highest Shiller PE Ratio of Brookfield Infrastructure Partners LP was 139.21. The lowest was 57.02. And the median was 91.05.


Brookfield Infrastructure Partners LP E10 Historical Data

The historical data trend for Brookfield Infrastructure Partners LP'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.

Brookfield Infrastructure Partners LP E10 Chart

Brookfield Infrastructure Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.26 0.36 0.36 0.41

Brookfield Infrastructure Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.36 0.36 0.38 0.38 0.41

Competitive Comparison of Brookfield Infrastructure Partners LP's E10

For the Utilities - Diversified subindustry, Brookfield Infrastructure 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.


Brookfield Infrastructure Partners LP's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Brookfield Infrastructure Partners LP's Shiller PE Ratio distribution charts can be found below:

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



Brookfield Infrastructure Partners LP 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, Brookfield Infrastructure Partners LP's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.2/129.4194*129.4194
=-0.200

Current CPI (Dec. 2023) = 129.4194.

Brookfield Infrastructure Partners LP Quarterly Data

per share eps CPI Adj_EPS
201403 0.044 99.695 0.057
201406 0.004 100.560 0.005
201409 0.129 100.428 0.166
201412 0.124 99.070 0.162
201503 0.249 99.621 0.323
201506 0.004 100.684 0.005
201509 0.207 100.392 0.267
201512 0.018 99.792 0.023
201603 0.113 100.470 0.146
201606 0.260 101.688 0.331
201609 0.107 101.861 0.136
201612 0.267 101.863 0.339
201703 -0.020 102.862 -0.025
201706 -0.040 103.349 -0.050
201709 -0.027 104.136 -0.034
201712 0.060 104.011 0.075
201803 0.280 105.290 0.344
201806 0.140 106.317 0.170
201809 -0.067 106.507 -0.081
201812 0.040 105.998 0.049
201903 -0.033 107.251 -0.040
201906 0.073 108.070 0.087
201909 0.040 108.329 0.048
201912 -0.047 108.420 -0.056
202003 0.087 108.902 0.103
202006 -0.167 108.767 -0.199
202009 -0.080 109.815 -0.094
202012 0.387 109.897 0.456
202103 0.180 111.754 0.208
202106 0.410 114.631 0.463
202109 0.480 115.734 0.537
202112 0.093 117.630 0.102
202203 -0.010 121.301 -0.011
202206 0.130 125.017 0.135
202209 0.050 125.227 0.052
202212 -0.030 125.222 -0.031
202303 -0.070 127.348 -0.071
202306 0.380 128.729 0.382
202309 0.030 129.860 0.030
202312 -0.200 129.419 -0.200

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


Brookfield Infrastructure Partners LP  (NYSE:BIP) 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.

Brookfield Infrastructure Partners LP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=26.87/0.41
=65.54

* 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 Brookfield Infrastructure Partners LP was 139.21. The lowest was 57.02. And the median was 91.05.


Be Aware

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


Brookfield Infrastructure Partners LP E10 Related Terms

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


Brookfield Infrastructure Partners LP (Brookfield Infrastructure Partners LP) Business Description

Address
73 Front Street, 5th Floor, Hamilton, BMU, HM12
Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's segments consist of Utilities, Transport, Midstream, and Data. Geographically, it generates maximum revenue from Canada and also has a presence in Australia, Colombia, United Kingdom, Brazil, United States of America, Chile, Peru and other countries.