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Viper Energy (FRA:ZT0) E10 : €0.72 (As of Mar. 2024)


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What is Viper 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.

Viper Energy's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.451. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.72 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 (2024-06-07), Viper Energy's current stock price is €32.60. Viper Energy's E10 for the quarter that ended in Mar. 2024 was €0.72. Viper Energy's Shiller PE Ratio of today is 45.28.

During the past 11 years, the highest Shiller PE Ratio of Viper Energy was 51.97. The lowest was 40.93. And the median was 46.56.


Viper Energy E10 Historical Data

The historical data trend for Viper 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.

Viper Energy E10 Chart

Viper 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 - - - - 0.66

Viper 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 - - 0.63 0.66 0.72

Competitive Comparison of Viper Energy's E10

For the Oil & Gas Midstream subindustry, Viper 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.


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

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

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



Viper 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, Viper 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)
=0.451/131.7762*131.7762
=0.451

Current CPI (Mar. 2024) = 131.7762.

Viper Energy Quarterly Data

per share eps CPI Adj_EPS
201406 0.007 100.560 0.009
201409 0.109 100.428 0.143
201412 0.114 99.070 0.152
201503 0.055 99.621 0.073
201506 0.089 100.684 0.116
201509 0.071 100.392 0.093
201512 0.055 99.792 0.073
201603 -0.260 100.470 -0.341
201606 -0.160 101.688 -0.207
201609 0.107 101.861 0.138
201612 0.180 101.863 0.233
201703 0.206 102.862 0.264
201706 0.205 103.349 0.261
201709 0.201 104.136 0.254
201712 0.313 104.011 0.397
201803 0.308 105.290 0.385
201806 1.156 106.317 1.433
201809 0.043 106.507 0.053
201812 -0.009 105.998 -0.011
201903 0.540 107.251 0.663
201906 0.035 108.070 0.043
201909 0.118 108.329 0.144
201912 0.027 108.420 0.033
202003 -1.900 108.902 -2.299
202006 -0.284 108.767 -0.344
202009 -0.008 109.815 -0.010
202012 -0.337 109.897 -0.404
202103 -0.042 111.754 -0.050
202106 0.058 114.631 0.067
202109 0.221 115.734 0.252
202112 0.443 117.630 0.496
202203 0.200 121.301 0.217
202206 0.416 125.017 0.438
202209 1.071 125.227 1.127
202212 0.274 125.222 0.288
202303 0.439 127.348 0.454
202306 0.388 128.729 0.397
202309 1.040 129.860 1.055
202312 0.642 129.419 0.654
202403 0.451 131.776 0.451

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


Viper Energy  (FRA:ZT0) 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.

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

Shiller PE Ratio=Share Price/E10
=32.60/0.72
=45.28

* 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 11 years, the highest Shiller P/E Ratio of Viper Energy was 51.97. The lowest was 40.93. And the median was 46.56.


Be Aware

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


Viper Energy E10 Related Terms

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


Viper Energy (FRA:ZT0) Business Description

Traded in Other Exchanges
Address
500 West Texas, Suite 1200, Midland, TX, USA, 79701
Viper Energy Inc was formed by Diamondback Energy in 2014 to own mineral royalty interests in oil and natural gas properties in the Permian Basin. At the end of 2020, Viper owns 24,350 net royalty acres that produced 26,551 boe/d. Proved reserves are mostly oil, and at the end of 2020 stand at 99,392 mboe.

Viper Energy (FRA:ZT0) Headlines

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