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Petronet LNG (BOM:532522) E10 : ₹20.71 (As of Mar. 2024)


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What is Petronet LNG 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.

Petronet LNG's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹5.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹20.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Petronet LNG's average E10 Growth Rate was 8.50% 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.

As of today (2024-05-26), Petronet LNG's current stock price is ₹305.30. Petronet LNG's E10 for the quarter that ended in Mar. 2024 was ₹20.71. Petronet LNG's Shiller PE Ratio of today is 14.74.

During the past 13 years, the highest Shiller PE Ratio of Petronet LNG was 15.15. The lowest was 9.81. And the median was 11.67.


Petronet LNG E10 Historical Data

The historical data trend for Petronet LNG'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.

Petronet LNG E10 Chart

Petronet LNG Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 18.99 19.09 20.71

Petronet LNG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 19.38 19.09 19.86 20.53 20.71

Competitive Comparison of Petronet LNG's E10

For the Oil & Gas Refining & Marketing subindustry, Petronet LNG'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.


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

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

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



Petronet LNG 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, Petronet LNG's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.1/153.0345*153.0345
=5.100

Current CPI (Mar. 2024) = 153.0345.

Petronet LNG Quarterly Data

per share eps CPI Adj_EPS
201209 2.100 82.244 3.908
201212 2.125 83.774 3.882
201303 1.630 85.687 2.911
201306 1.500 88.365 2.598
201309 1.210 91.042 2.034
201312 0.905 91.425 1.515
201403 1.130 91.425 1.891
201406 1.045 94.103 1.699
201409 1.750 96.780 2.767
201412 1.085 96.780 1.716
201503 2.150 97.163 3.386
201506 1.650 99.841 2.529
201509 1.660 101.753 2.497
201512 1.190 102.901 1.770
201603 1.685 102.518 2.515
201703 11.490 105.196 16.715
201803 14.070 109.786 19.613
201806 4.040 111.317 5.554
201809 3.820 115.142 5.077
201812 3.910 115.142 5.197
201903 3.100 118.202 4.014
201906 3.750 120.880 4.748
201909 7.260 123.175 9.020
201912 4.530 126.235 5.492
202003 2.490 124.705 3.056
202006 3.330 127.000 4.013
202009 6.130 130.118 7.210
202012 5.880 130.889 6.875
202103 4.250 131.771 4.936
202106 4.470 134.084 5.102
202109 5.450 135.847 6.140
202112 7.730 138.161 8.562
202203 5.270 138.822 5.810
202206 4.830 142.347 5.193
202209 5.240 144.661 5.543
202212 7.980 145.763 8.378
202303 4.120 146.865 4.293
202309 5.700 151.492 5.758
202312 8.090 152.924 8.096
202403 5.100 153.035 5.100

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


Petronet LNG  (BOM:532522) 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.

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

Shiller PE Ratio=Share Price/E10
=305.30/20.71
=14.74

* 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 Petronet LNG was 15.15. The lowest was 9.81. And the median was 11.67.


Be Aware

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


Petronet LNG E10 Related Terms

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


Petronet LNG (BOM:532522) Business Description

Traded in Other Exchanges
Address
Babar Road, Barakhamba Lane, World Trade Centre, 1st Floor, New Delhi, IND, 110001
Petronet LNG Ltd is an oil and gas refining and marketing company formed by the government of India. The company operates liquified natural gas receiving and regasification terminals across India. Through its terminals, it also offers tolling services and re-loading terminals. The company has a single operating segment which is Natural Gas Business. Petronet LNG also owns a solid cargo port at Dahej with facilities to import and export products such as steel, coal, and fertilizer in bulk. Sales are largely composed of regasified liquefied natural gas and the majority of its revenue is derived from India.

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