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San Juan Basin Royalty Trust (San Juan Basin Royalty Trust) E10 : $0.84 (As of Mar. 2024)


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What is San Juan Basin Royalty Trust 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.

San Juan Basin Royalty Trust's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.088. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, San Juan Basin Royalty Trust's average E10 Growth Rate was -7.70% per year. During the past 3 years, the average E10 Growth Rate was 4.70% per year. During the past 5 years, the average E10 Growth Rate was -2.00% per year. During the past 10 years, the average E10 Growth Rate was -10.70% 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 San Juan Basin Royalty Trust was 20.30% per year. The lowest was -18.20% per year. And the median was 4.60% per year.

As of today (2024-06-10), San Juan Basin Royalty Trust's current stock price is $3.9751. San Juan Basin Royalty Trust's E10 for the quarter that ended in Mar. 2024 was $0.84. San Juan Basin Royalty Trust's Shiller PE Ratio of today is 4.73.

During the past 13 years, the highest Shiller PE Ratio of San Juan Basin Royalty Trust was 19.58. The lowest was 1.95. And the median was 6.02.


San Juan Basin Royalty Trust E10 Historical Data

The historical data trend for San Juan Basin Royalty Trust'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.

San Juan Basin Royalty Trust E10 Chart

San Juan Basin Royalty Trust 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 0.91 0.75 0.70 0.82 0.86

San Juan Basin Royalty Trust 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 0.91 0.92 0.89 0.86 0.84

Competitive Comparison of San Juan Basin Royalty Trust's E10

For the Oil & Gas E&P subindustry, San Juan Basin Royalty Trust'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.


San Juan Basin Royalty Trust's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, San Juan Basin Royalty Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where San Juan Basin Royalty Trust's Shiller PE Ratio falls into.



San Juan Basin Royalty Trust 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, San Juan Basin Royalty Trust'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)
=0.088/131.7762*131.7762
=0.088

Current CPI (Mar. 2024) = 131.7762.

San Juan Basin Royalty Trust Quarterly Data

per share eps CPI Adj_EPS
201406 0.380 100.560 0.498
201409 0.337 100.428 0.442
201412 0.266 99.070 0.354
201503 0.145 99.621 0.192
201506 0.030 100.684 0.039
201509 0.108 100.392 0.142
201512 0.082 99.792 0.108
201603 0.038 100.470 0.050
201606 0.009 101.688 0.012
201609 0.086 101.861 0.111
201612 0.165 101.863 0.213
201703 0.175 102.862 0.224
201706 0.128 103.349 0.163
201709 0.318 104.136 0.402
201712 0.218 104.011 0.276
201803 0.134 105.290 0.168
201806 0.054 106.317 0.067
201809 0.061 106.507 0.075
201812 0.137 105.998 0.170
201903 0.129 107.251 0.158
201906 0.043 108.070 0.052
201909 0.000 108.329 0.000
201912 0.002 108.420 0.002
202003 0.099 108.902 0.120
202006 0.013 108.767 0.016
202009 0.000 109.815 0.000
202012 0.048 109.897 0.058
202103 0.166 111.754 0.196
202106 0.154 114.631 0.177
202109 0.122 115.734 0.139
202112 0.330 117.630 0.370
202203 0.308 121.301 0.335
202206 0.286 125.017 0.301
202209 0.453 125.227 0.477
202212 0.617 125.222 0.649
202303 0.772 127.348 0.799
202306 0.174 128.729 0.178
202309 0.085 129.860 0.086
202312 0.078 129.419 0.079
202403 0.088 131.776 0.088

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


San Juan Basin Royalty Trust  (NYSE:SJT) 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.

San Juan Basin Royalty Trust's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.9751/0.84
=4.73

* 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 San Juan Basin Royalty Trust was 19.58. The lowest was 1.95. And the median was 6.02.


Be Aware

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


San Juan Basin Royalty Trust E10 Related Terms

Thank you for viewing the detailed overview of San Juan Basin Royalty Trust's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


San Juan Basin Royalty Trust (San Juan Basin Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
2200 Post Oak Boulevard, Floor 18, Houston, TX, USA, 77056
San Juan Basin Royalty Trust is an energy sector royalty trust in the United States. It owns approximately 75% net profit interest in a large number of natural gas properties in the San Juan Basin of New Mexico. About 98% of the royalties San Juan collects come from natural gas, with the balance coming from oil.
Executives
J Taylor Crandall 10 percent owner 2775 SAND HILL RD, SUITE 220, MENLO PARK CA 94025
Bruce Robert W Iii 10 percent owner
Algenpar Inc 10 percent owner
Alpine Capital Lp 10 percent owner