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Independent Petroleum Group KSCP (KUW:IPG) E10 : KWD0.04 (As of Mar. 2024)


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What is Independent Petroleum Group KSCP 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.

Independent Petroleum Group KSCP's adjusted earnings per share data for the three months ended in Mar. 2024 was KWD0.009. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is KWD0.04 for the trailing ten years ended in Mar. 2024.

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 (2024-06-02), Independent Petroleum Group KSCP's current stock price is KWD0.48. Independent Petroleum Group KSCP's E10 for the quarter that ended in Mar. 2024 was KWD0.04. Independent Petroleum Group KSCP's Shiller PE Ratio of today is 12.00.

During the past 13 years, the highest Shiller PE Ratio of Independent Petroleum Group KSCP was 13.00. The lowest was 10.03. And the median was 11.48.


Independent Petroleum Group KSCP E10 Historical Data

The historical data trend for Independent Petroleum Group KSCP'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.

Independent Petroleum Group KSCP E10 Chart

Independent Petroleum Group KSCP 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 - - - 0.04 0.04

Independent Petroleum Group KSCP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Independent Petroleum Group KSCP's E10

For the Oil & Gas Integrated subindustry, Independent Petroleum Group KSCP'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.


Independent Petroleum Group KSCP's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Independent Petroleum Group KSCP's Shiller PE Ratio falls into.



Independent Petroleum Group KSCP 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, Independent Petroleum Group KSCP'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)
=0.009/131.7762*131.7762
=0.009

Current CPI (Mar. 2024) = 131.7762.

Independent Petroleum Group KSCP Quarterly Data

per share eps CPI Adj_EPS
201406 0.008 100.560 0.010
201409 0.005 100.428 0.007
201412 0.001 99.070 0.001
201503 0.005 99.621 0.007
201506 0.005 100.684 0.007
201509 0.001 100.392 0.001
201512 0.015 99.792 0.020
201603 0.008 100.470 0.010
201606 0.009 101.688 0.012
201609 0.010 101.861 0.013
201612 0.007 101.863 0.009
201703 0.012 102.862 0.015
201706 0.012 103.349 0.015
201709 0.008 104.136 0.010
201712 0.006 104.011 0.008
201803 0.012 105.290 0.015
201806 0.012 106.317 0.015
201809 0.008 106.507 0.010
201812 0.002 105.998 0.002
201903 0.013 107.251 0.016
201906 0.014 108.070 0.017
201909 0.004 108.329 0.005
201912 0.006 108.420 0.007
202003 0.017 108.902 0.021
202006 0.011 108.767 0.013
202009 0.006 109.815 0.007
202012 0.004 109.897 0.005
202103 0.018 111.754 0.021
202106 0.012 114.631 0.014
202109 0.006 115.734 0.007
202112 0.004 117.630 0.004
202203 0.008 121.301 0.009
202206 0.013 125.017 0.014
202209 0.016 125.227 0.017
202212 0.006 125.222 0.006
202303 0.008 127.348 0.008
202306 0.013 128.729 0.013
202309 0.009 129.860 0.009
202312 0.013 129.419 0.013
202403 0.009 131.776 0.009

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


Independent Petroleum Group KSCP  (KUW:IPG) 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.

Independent Petroleum Group KSCP's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.48/0.04
=12.00

* 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 Independent Petroleum Group KSCP was 13.00. The lowest was 10.03. And the median was 11.48.


Be Aware

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


Independent Petroleum Group KSCP E10 Related Terms

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


Independent Petroleum Group KSCP (KUW:IPG) Business Description

Traded in Other Exchanges
N/A
Address
Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101
Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminalling, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Africa, the Middle East, Europe, Asia and the Far East where Africa and the Middle East region generates maximum revenue.