GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Galp Energia SGPS SA (XLIS:GALP) » Definitions » E10

Galp Energia SGPS (XLIS:GALP) E10 : €0.44 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Galp Energia SGPS 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.

Galp Energia SGPS's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.435. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.44 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Galp Energia SGPS's average E10 Growth Rate was 29.40% per year. During the past 3 years, the average E10 Growth Rate was 16.30% per year. During the past 5 years, the average E10 Growth Rate was -1.70% 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 Galp Energia SGPS was 16.30% per year. The lowest was -18.20% per year. And the median was -6.80% per year.

As of today (2024-04-28), Galp Energia SGPS's current stock price is €20.54. Galp Energia SGPS's E10 for the quarter that ended in Dec. 2023 was €0.44. Galp Energia SGPS's Shiller PE Ratio of today is 46.68.

During the past 13 years, the highest Shiller PE Ratio of Galp Energia SGPS was 72.97. The lowest was 19.63. And the median was 34.07.


Galp Energia SGPS E10 Historical Data

The historical data trend for Galp Energia SGPS'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.

Galp Energia SGPS E10 Chart

Galp Energia SGPS 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 0.42 0.28 0.23 0.34 0.44

Galp Energia SGPS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.34 0.34 0.37 0.40 0.44

Competitive Comparison of Galp Energia SGPS's E10

For the Oil & Gas Integrated subindustry, Galp Energia SGPS'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.


Galp Energia SGPS's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Galp Energia SGPS's Shiller PE Ratio falls into.



Galp Energia SGPS 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, Galp Energia SGPS's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.435/118.0324*118.0324
=0.435

Current CPI (Dec. 2023) = 118.0324.

Galp Energia SGPS Quarterly Data

per share eps CPI Adj_EPS
201403 0.016 99.788 0.019
201406 0.069 99.967 0.081
201409 -0.009 99.617 -0.011
201412 -0.271 99.723 -0.321
201503 -0.044 100.097 -0.052
201506 0.133 100.769 0.156
201509 0.055 100.489 0.065
201512 0.006 100.119 0.007
201603 -0.070 100.547 -0.082
201606 0.080 101.319 0.093
201609 0.110 101.122 0.128
201612 0.090 100.998 0.105
201703 0.136 101.924 0.157
201706 0.119 102.240 0.137
201709 0.197 102.527 0.227
201712 0.280 102.479 0.322
201803 0.160 102.626 0.184
201806 0.400 103.790 0.455
201809 0.283 103.960 0.321
201812 0.050 103.159 0.057
201903 -0.010 103.495 -0.011
201906 0.279 104.192 0.316
201909 0.072 103.844 0.082
201912 0.130 103.592 0.148
202003 -0.310 103.544 -0.353
202006 -0.186 104.323 -0.210
202009 -0.128 103.699 -0.146
202012 -0.040 103.354 -0.046
202103 0.194 104.014 0.220
202106 0.086 104.852 0.097
202109 -0.403 105.232 -0.452
202112 0.128 106.191 0.142
202203 -0.430 109.559 -0.463
202206 0.877 114.003 0.908
202209 0.370 114.999 0.380
202212 0.558 116.377 0.566
202303 0.020 117.701 0.020
202306 0.308 117.872 0.308
202309 0.372 119.111 0.369
202312 0.435 118.032 0.435

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


Galp Energia SGPS  (XLIS:GALP) 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.

Galp Energia SGPS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.54/0.44
=46.68

* 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 Galp Energia SGPS was 72.97. The lowest was 19.63. And the median was 34.07.


Be Aware

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


Galp Energia SGPS E10 Related Terms

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


Galp Energia SGPS (XLIS:GALP) Business Description

Traded in Other Exchanges
Address
Rua Tomas da Fonseca, Torre A, Lisboa, PRT, 1600-209
Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables and New Businesses. The Upstream segment involves the management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New businesses segment represents Galp's presence in the renewable and new energies space.

Galp Energia SGPS (XLIS:GALP) Headlines

No Headlines