Earthstone Energy (Earthstone Energy) Shiller PE Ratio : (As of May. 27, 2024)

Earthstone Energy Shiller PE Ratio Chart

Earthstone Energy Annual Data
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Earthstone Energy Quarterly Data
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Competitive Comparison of Earthstone Energy's Shiller PE Ratio

For the Oil & Gas E&P subindustry, Earthstone 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.

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

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

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

Earthstone Energy Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Earthstone Energy's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Earthstone Energy's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Current CPI (Sep. 2023) = 129.8595.

Earthstone Energy Quarterly Data

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

Earthstone Energy  (NYSE:ESTE) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.

Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.

Earthstone Energy Shiller PE Ratio Related Terms

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Earthstone Energy (Earthstone Energy) Business Description