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Carbon Energy (Carbon Energy) E10 : $-6.25 (As of Jun. 2020)


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What is Carbon Energy 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.

Carbon Energy's adjusted earnings per share data for the three months ended in Jun. 2020 was $-23.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-6.25 for the trailing ten years ended in Jun. 2020.

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 (2024-06-06), Carbon Energy's current stock price is $0.21. Carbon Energy's E10 for the quarter that ended in Jun. 2020 was $-6.25. Carbon Energy's Shiller PE Ratio of today is .


Carbon Energy E10 Historical Data

The historical data trend for Carbon Energy'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.

Carbon Energy E10 Chart

Carbon Energy Annual Data
Trend Mar10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.85 -18.35 -4.22 -3.40 -2.76

Carbon Energy Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 -3.08 -2.73 -2.76 -3.96 -6.25

Competitive Comparison of Carbon Energy's E10

For the Oil & Gas E&P subindustry, Carbon 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.


Carbon Energy's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

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



Carbon Energy 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, Carbon Energy's adjusted earnings per share data for the three months ended in Jun. 2020 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=-23.64/108.7673*108.7673
=-23.640

Current CPI (Jun. 2020) = 108.7673.

Carbon Energy Quarterly Data

per share eps CPI Adj_EPS
201009 -1.600 92.162 -1.888
201012 -1.600 92.474 -1.882
201103 -14.400 94.283 -16.612
201106 -3.200 95.235 -3.655
201109 -2.400 95.727 -2.727
201112 0.000 95.213 0.000
201203 -4.000 96.783 -4.495
201206 -6.400 96.819 -7.190
201209 -0.180 97.633 -0.201
201212 0.000 96.871 0.000
201303 0.032 98.209 0.035
201306 0.800 98.518 0.883
201309 0.800 98.790 0.881
201312 1.600 98.326 1.770
201403 0.800 99.695 0.873
201406 1.600 100.560 1.731
201409 1.600 100.428 1.733
201412 0.800 99.070 0.878
201503 -0.800 99.621 -0.873
201506 -0.800 100.684 -0.864
201509 -0.800 100.392 -0.867
201512 -3.840 99.792 -4.185
201603 -3.680 100.470 -3.984
201606 -1.840 101.688 -1.968
201609 -1.160 101.861 -1.239
201612 -2.440 101.863 -2.605
201703 1.600 102.862 1.692
201706 0.680 103.349 0.716
201709 -0.320 104.136 -0.334
201712 0.520 104.011 0.544
201803 1.840 105.290 1.901
201806 -0.920 106.317 -0.941
201809 -0.400 106.507 -0.408
201812 2.560 105.998 2.627
201903 -2.160 107.251 -2.191
201906 3.000 108.070 3.019
201909 1.520 108.329 1.526
201912 -2.200 108.420 -2.207
202003 4.800 108.902 4.794
202006 -23.640 108.767 -23.640

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


Carbon Energy  (OTCPK:CRBO) 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.


Be Aware

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


Carbon Energy E10 Related Terms

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


Carbon Energy (Carbon Energy) Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1170, Denver, CO, USA, 80290
Carbon Energy Corp is an independent natural gas and oil company engaged in the acquisition, exploration, development, and production of oil, natural gas and natural gas liquids properties located in the United States. The company operates in Kentucky, Ohio, Tennessee, Virginia, and West Virginia, California, Illinois, and Indiana.
Executives
Patrick R Mcdonald director, officer: CHIEF EXECUTIVE OFFICER CARBON NATURAL GAS COMPANY 1700 BROADWAY, SUITE #1170 DENVER CO 80290
Erich W. Kirsch officer: PFO and PAO 1700 BROADWAY SUITE 1170 DENVER CO 80290
Mark Duane Pierce officer: PRESIDENT 1700 BROADWAY, SUITE 1170 DENVER CO 80290
Kevin D Struzeski officer: CHIEF FINANCIAL OFFICER C/O CARBON ENERGY CORP 1700 BROADWAY STE. 1150 DENVER CO 80290
John A Bailey director 64 PERCH BAY WACCABUC NY 10597
Bryan H Lawrence director C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Peter A Leidel director
Edwin H Morgens director C/O MORGENS WATERFALL VINTIADIS & CO, 600 5TH AVE, NEW YORK NY 10020
David H Kennedy director 23 LAKESIDE AVE DARIEN CT 06820
James H Brandi director PO BOX 321, OKLAHOMA CITY OK 73101
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Yorktown Energy Partners Xi, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Yorktown Xi Associates Llc 10 percent owner 410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Arbiter Partners Capital Management Llc 10 percent owner 530 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10036
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

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