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PBF Energy (LTS:0KE0) E10 : $4.15 (As of Mar. 2024)


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What is PBF 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.

PBF Energy's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PBF Energy's average E10 Growth Rate was 43.40% per year. During the past 3 years, the average E10 Growth Rate was 49.30% 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 PBF Energy was 49.30% per year. The lowest was 49.30% per year. And the median was 49.30% per year.

As of today (2024-06-01), PBF Energy's current stock price is $46.32. PBF Energy's E10 for the quarter that ended in Mar. 2024 was $4.15. PBF Energy's Shiller PE Ratio of today is 11.16.

During the past 13 years, the highest Shiller PE Ratio of PBF Energy was 33.71. The lowest was 2.95. And the median was 11.95.


PBF Energy E10 Historical Data

The historical data trend for PBF 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.

PBF Energy E10 Chart

PBF 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 - 1.43 0.75 2.66 4.19

PBF 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 2.90 3.63 4.32 4.19 4.15

Competitive Comparison of PBF Energy's E10

For the Oil & Gas Refining & Marketing subindustry, PBF 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.


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

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

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



PBF 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, PBF 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)
=0.86/131.7762*131.7762
=0.860

Current CPI (Mar. 2024) = 131.7762.

PBF Energy Quarterly Data

per share eps CPI Adj_EPS
201406 0.290 100.560 0.380
201409 1.600 100.428 2.099
201412 -3.340 99.070 -4.443
201503 1.000 99.621 1.323
201506 1.570 100.684 2.055
201509 0.490 100.392 0.643
201512 -1.240 99.792 -1.637
201603 -0.300 100.470 -0.393
201606 1.060 101.688 1.374
201609 0.430 101.861 0.556
201612 0.540 101.863 0.699
201703 -0.290 102.862 -0.372
201706 -1.010 103.349 -1.288
201709 2.850 104.136 3.606
201712 2.140 104.011 2.711
201803 0.270 105.290 0.338
201806 2.370 106.317 2.938
201809 1.500 106.507 1.856
201812 -2.970 105.998 -3.692
201903 1.890 107.251 2.322
201906 -0.270 108.070 -0.329
201909 0.570 108.329 0.693
201912 0.440 108.420 0.535
202003 -8.930 108.902 -10.806
202006 3.230 108.767 3.913
202009 -3.490 109.815 -4.188
202012 -2.490 109.897 -2.986
202103 -0.340 111.754 -0.401
202106 0.390 114.631 0.448
202109 0.490 115.734 0.558
202112 1.360 117.630 1.524
202203 -0.180 121.301 -0.196
202206 9.650 125.017 10.172
202209 8.400 125.227 8.839
202212 4.860 125.222 5.114
202303 2.860 127.348 2.959
202306 7.880 128.729 8.067
202309 6.110 129.860 6.200
202312 -0.400 129.419 -0.407
202403 0.860 131.776 0.860

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


PBF Energy  (LTS:0KE0) 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.

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

Shiller PE Ratio=Share Price/E10
=46.32/4.15
=11.16

* 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 PBF Energy was 33.71. The lowest was 2.95. And the median was 11.95.


Be Aware

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


PBF Energy E10 Related Terms

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


PBF Energy (LTS:0KE0) Business Description

Traded in Other Exchanges
Address
One Sylvan Way, Second Floor, Parsippany, NJ, USA, 07054
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.

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