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Lanka IOC (COL:LIOC.N0000) E10 : රු12.36 (As of Dec. 2023)


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What is Lanka IOC 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.

Lanka IOC's adjusted earnings per share data for the three months ended in Dec. 2023 was රු5.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is රු12.36 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Lanka IOC's average E10 Growth Rate was 20.10% 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 (2024-06-09), Lanka IOC's current stock price is රු130.50. Lanka IOC's E10 for the quarter that ended in Dec. 2023 was රු12.36. Lanka IOC's Shiller PE Ratio of today is 10.56.

During the past 13 years, the highest Shiller PE Ratio of Lanka IOC was 44.28. The lowest was 7.94. And the median was 11.34.


Lanka IOC E10 Historical Data

The historical data trend for Lanka IOC'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.

Lanka IOC E10 Chart

Lanka IOC Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 11.59

Lanka IOC 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 10.29 11.59 11.46 12.14 12.36

Competitive Comparison of Lanka IOC's E10

For the Oil & Gas Refining & Marketing subindustry, Lanka IOC'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.


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

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

* The bar in red indicates where Lanka IOC's Shiller PE Ratio falls into.



Lanka IOC 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, Lanka IOC'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)
=5.66/129.4194*129.4194
=5.660

Current CPI (Dec. 2023) = 129.4194.

Lanka IOC Quarterly Data

per share eps CPI Adj_EPS
201403 1.357 99.695 1.762
201406 2.260 100.560 2.909
201409 2.130 100.428 2.745
201412 1.150 99.070 1.502
201503 -1.993 99.621 -2.589
201506 0.320 100.684 0.411
201509 -0.700 100.392 -0.902
201512 1.660 99.792 2.153
201603 2.928 100.470 3.772
201606 3.750 101.688 4.773
201609 2.750 101.861 3.494
201612 0.480 101.863 0.610
201703 -1.225 102.862 -1.541
201706 -0.250 103.349 -0.313
201709 -0.330 104.136 -0.410
201712 -0.640 104.011 -0.796
201803 -0.180 105.290 -0.221
201806 0.460 106.317 0.560
201809 0.390 106.507 0.474
201812 -1.850 105.998 -2.259
201903 1.760 107.251 2.124
201906 -0.450 108.070 -0.539
201909 0.970 108.329 1.159
201912 0.920 108.420 1.098
202003 -0.650 108.902 -0.772
202006 -1.490 108.767 -1.773
202009 0.030 109.815 0.035
202012 1.290 109.897 1.519
202103 1.829 111.754 2.118
202106 0.510 114.631 0.576
202109 0.530 115.734 0.593
202112 1.670 117.630 1.837
202203 6.337 121.301 6.761
202206 18.640 125.017 19.296
202209 23.210 125.227 23.987
202212 15.460 125.222 15.978
202303 13.480 127.348 13.699
202306 4.590 128.729 4.615
202309 9.500 129.860 9.468
202312 5.660 129.419 5.660

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


Lanka IOC  (COL:LIOC.N0000) 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.

Lanka IOC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=130.50/12.36
=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.

During the past 13 years, the highest Shiller P/E Ratio of Lanka IOC was 44.28. The lowest was 7.94. And the median was 11.34.


Be Aware

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


Lanka IOC E10 Related Terms

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


Lanka IOC (COL:LIOC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
World Trade Center, Level 20, West Tower, Echelon Square, Colombo, LKA, 01
Lanka IOC PLC is engaged in importing, blending, distributing, and selling of petroleum products. Its product offering is divided into five divisions namely Autofuel, Lubricants, Bitumen, Bunkering, and Petrochemicals. The Company is dealing only in the Petroleum products. Some of its products are Diesel, Petrol, IFO 180 cst, Marine Gas Oil, Bitumen 60/70, Bitumen 80/100 and others. The company gets revenue from Lanka Petrol 92 Octane, Lanka Auto Diesel, Xtramile, Lanka Super Diesel, Xtrapremium Euro 3, Xtrapremium 95, Lubricants, Bunkering, Bitumen and Petrochemical.

Lanka IOC (COL:LIOC.N0000) Headlines

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