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Panoro Energy ASA (OSL:PEN) Shiller PE Ratio : (As of Jun. 11, 2024)


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What is Panoro Energy ASA Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Panoro Energy ASA Shiller PE Ratio Historical Data

The historical data trend for Panoro Energy ASA's Shiller PE Ratio 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.

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Panoro Energy ASA Shiller PE Ratio Chart

Panoro Energy ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Panoro Energy ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Panoro Energy ASA's Shiller PE Ratio

For the Oil & Gas E&P subindustry, Panoro Energy ASA'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.


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

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

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



Panoro Energy ASA Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Panoro Energy ASA's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Panoro Energy ASA'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)
=1.061/132.6000*132.6000
=1.061

Current CPI (Mar. 2024) = 132.6000.

Panoro Energy ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.583 97.500 -0.793
201409 -0.612 98.500 -0.824
201412 -11.924 98.600 -16.036
201503 -0.797 99.200 -1.065
201506 -1.168 100.100 -1.547
201509 -0.083 100.600 -0.109
201512 -0.087 100.900 -0.114
201603 -0.591 102.500 -0.765
201606 -0.248 103.800 -0.317
201609 -0.490 104.200 -0.624
201612 -8.789 104.400 -11.163
201703 -0.678 105.000 -0.856
201706 -5.565 105.800 -6.975
201709 -0.078 105.900 -0.098
201712 -0.829 106.100 -1.036
201803 -0.387 107.300 -0.478
201806 -0.081 108.500 -0.099
201809 -0.575 109.500 -0.696
201812 -0.258 109.800 -0.312
201903 -0.172 110.400 -0.207
201906 1.119 110.600 1.342
201909 0.090 111.100 0.107
201912 0.450 111.300 0.536
202003 0.922 111.200 1.099
202006 -0.667 112.100 -0.789
202009 -0.275 112.900 -0.323
202012 -0.536 112.900 -0.630
202103 -0.170 114.600 -0.197
202106 4.127 115.300 4.746
202109 -1.558 117.500 -1.758
202112 1.207 118.900 1.346
202203 -0.707 119.800 -0.783
202206 -1.072 122.600 -1.159
202209 3.192 125.600 3.370
202212 0.494 125.900 0.520
202303 1.369 127.600 1.423
202306 -1.296 130.400 -1.318
202309 2.574 129.800 2.630
202312 0.316 131.900 0.318
202403 1.061 132.600 1.061

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


Panoro Energy ASA  (OSL:PEN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Panoro Energy ASA Shiller PE Ratio Related Terms

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Panoro Energy ASA (OSL:PEN) Business Description

Traded in Other Exchanges
Address
c/o Advokatfirma Schjodt AS, Tordenskiolds gate 12, P.O. Box 2444, Solli, Oslo, NOR, 0201
Panoro Energy ASA is a Norway based exploration and production company principally engaged in the exploration of oil and gas. The Group has four reportable segments by geographic locations in Equatorial Guinea, Gabon, Tunisia and South Africa.