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Subsea 7 (OSL:SUBC) E10 : kr-2.62 (As of Mar. 2024)


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What is Subsea 7 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.

Subsea 7's adjusted earnings per share data for the three months ended in Mar. 2024 was kr0.955. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-2.62 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Subsea 7 was 81.90% per year. The lowest was -49.30% per year. And the median was 4.30% per year.

As of today (2024-06-08), Subsea 7's current stock price is kr188.30. Subsea 7's E10 for the quarter that ended in Mar. 2024 was kr-2.62. Subsea 7's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Subsea 7 was 318.00. The lowest was 7.81. And the median was 17.22.


Subsea 7 E10 Historical Data

The historical data trend for Subsea 7'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.

Subsea 7 E10 Chart

Subsea 7 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 5.18 0.84 -0.07 -1.58 -2.37

Subsea 7 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 -1.95 -1.89 -2.11 -2.37 -2.62

Competitive Comparison of Subsea 7's E10

For the Oil & Gas Equipment & Services subindustry, Subsea 7'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.


Subsea 7's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Subsea 7's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Subsea 7's Shiller PE Ratio falls into.



Subsea 7 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, Subsea 7'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)
=0.955/131.6000*131.6000
=0.955

Current CPI (Mar. 2024) = 131.6000.

Subsea 7 Quarterly Data

per share eps CPI Adj_EPS
201406 4.472 99.800 5.897
201409 3.621 100.000 4.765
201412 -21.249 99.900 -27.992
201503 3.518 99.600 4.648
201506 2.109 100.100 2.773
201509 3.811 100.200 5.005
201512 -11.219 100.400 -14.705
201603 3.560 100.400 4.666
201606 3.323 101.000 4.330
201609 3.606 101.500 4.675
201612 0.086 102.200 0.111
201703 3.488 102.700 4.470
201706 3.638 103.500 4.626
201709 2.665 104.300 3.363
201712 1.414 105.000 1.772
201803 -0.233 105.100 -0.292
201806 1.946 105.900 2.418
201809 1.897 106.600 2.342
201812 1.035 107.100 1.272
201903 -0.516 107.000 -0.635
201906 0.777 107.900 0.948
201909 1.351 108.400 1.640
201912 -3.971 108.500 -4.816
202003 -1.331 108.600 -1.613
202006 -29.171 108.800 -35.284
202009 -1.283 109.200 -1.546
202012 -2.960 109.400 -3.561
202103 0.085 109.700 0.102
202106 -0.337 111.400 -0.398
202109 1.299 112.400 1.521
202112 -0.090 114.700 -0.103
202203 -0.442 116.500 -0.499
202206 1.365 120.500 1.491
202209 0.103 122.300 0.111
202212 0.889 125.300 0.934
202303 -0.737 126.800 -0.765
202306 0.648 129.400 0.659
202309 1.180 130.100 1.194
202312 -0.633 130.500 -0.638
202403 0.955 131.600 0.955

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


Subsea 7  (OSL:SUBC) 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.

During the past 13 years, the highest Shiller P/E Ratio of Subsea 7 was 318.00. The lowest was 7.81. And the median was 17.22.


Be Aware

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


Subsea 7 E10 Related Terms

Thank you for viewing the detailed overview of Subsea 7's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Subsea 7 (OSL:SUBC) Business Description

Address
40 Brighton Road, Surrey, Sutton, GBR, SM2 5BN
Subsea 7 is one of the largest engineering and construction, or E&C, service providers in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. It's recently begun to develop expertise in renewables, particularly offshore wind farms, which require equipment and expertise similar to offshore oil and gas developments.

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