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Valeura Energy (TSX:VLE) E10 : C$0.22 (As of Mar. 2024)


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What is Valeura 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.

Valeura Energy's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.244. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Valeura Energy's average E10 Growth Rate was 120.00% 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 Valeura Energy was 26.30% per year. The lowest was 2.60% per year. And the median was 4.70% per year.

As of today (2024-06-04), Valeura Energy's current stock price is C$5.48. Valeura Energy's E10 for the quarter that ended in Mar. 2024 was C$0.22. Valeura Energy's Shiller PE Ratio of today is 24.91.

During the past 13 years, the highest Shiller PE Ratio of Valeura Energy was 39.00. The lowest was 14.47. And the median was 24.28.


Valeura Energy E10 Historical Data

The historical data trend for Valeura 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.

Valeura Energy E10 Chart

Valeura Energy 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 -0.26 -0.20 -0.25 -0.24 0.19

Valeura Energy 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 0.10 0.10 0.10 0.19 0.22

Competitive Comparison of Valeura Energy's E10

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


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

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

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



Valeura 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, Valeura Energy'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)
=0.244/131.7762*131.7762
=0.244

Current CPI (Mar. 2024) = 131.7762.

Valeura Energy Quarterly Data

per share eps CPI Adj_EPS
201406 0.010 100.560 0.013
201409 -0.003 100.428 -0.004
201412 0.010 99.070 0.013
201503 0.002 99.621 0.003
201506 -0.010 100.684 -0.013
201509 -0.003 100.392 -0.004
201512 0.000 99.792 0.000
201603 -0.020 100.470 -0.026
201606 -0.010 101.688 -0.013
201609 -0.020 101.861 -0.026
201612 -0.049 101.863 -0.063
201703 -0.030 102.862 -0.038
201706 -0.010 103.349 -0.013
201709 -0.069 104.136 -0.087
201712 -0.009 104.011 -0.011
201803 -0.030 105.290 -0.038
201806 -0.020 106.317 -0.025
201809 -0.030 106.507 -0.037
201812 -0.011 105.998 -0.014
201903 -0.040 107.251 -0.049
201906 -0.027 108.070 -0.033
201909 -0.003 108.329 -0.004
201912 -0.013 108.420 -0.016
202003 -0.003 108.902 -0.004
202006 -0.027 108.767 -0.033
202009 -0.026 109.815 -0.031
202012 -0.231 109.897 -0.277
202103 -0.013 111.754 -0.015
202106 -0.868 114.631 -0.998
202109 0.013 115.734 0.015
202112 -0.077 117.630 -0.086
202203 -0.051 121.301 -0.055
202206 0.013 125.017 0.014
202209 -0.053 125.227 -0.056
202212 -0.109 125.222 -0.115
202303 3.352 127.348 3.469
202306 -0.027 128.729 -0.028
202309 -0.095 129.860 -0.096
202312 0.684 129.419 0.696
202403 0.244 131.776 0.244

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


Valeura Energy  (TSX:VLE) 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.

Valeura Energy's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.48/0.22
=24.91

* 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 Valeura Energy was 39.00. The lowest was 14.47. And the median was 24.28.


Be Aware

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


Valeura Energy E10 Related Terms

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


Valeura Energy (TSX:VLE) Business Description

Traded in Other Exchanges
Address
202 6th Avenue SW, Suite 1200, Bow Valley Square 1, Calgary, AB, CAN, T2P 2R9
Valeura Energy Inc is engaged in the exploration, development, and production of petroleum and natural gas in Turkey and Thailand.
Executives
James D. Mcfarland Director

Valeura Energy (TSX:VLE) Headlines

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