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Marathon Oil (MIL:1USS) Shiller PE Ratio : (As of May. 27, 2024)


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What is Marathon Oil Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Marathon Oil Shiller PE Ratio Historical Data

The historical data trend for Marathon Oil's Shiller PE Ratio 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.

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Marathon Oil Shiller PE Ratio Chart

Marathon Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.82 42.57 - - -

Marathon Oil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio 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 - - - - -

Competitive Comparison of Marathon Oil's Shiller PE Ratio

For the Oil & Gas E&P subindustry, Marathon Oil'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.


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

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

* The bar in red indicates where Marathon Oil's Shiller PE Ratio falls into.



Marathon Oil 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.

Marathon Oil's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Marathon Oil'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)
=0.478/131.7762*131.7762
=0.478

Current CPI (Mar. 2024) = 131.7762.

Marathon Oil Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.589 100.560 0.772
201409 0.497 100.428 0.652
201412 1.111 99.070 1.478
201503 -0.379 99.621 -0.501
201506 -0.508 100.684 -0.665
201509 -0.989 100.392 -1.298
201512 -1.074 99.792 -1.418
201603 -0.503 100.470 -0.660
201606 -0.178 101.688 -0.231
201609 -0.205 101.861 -0.265
201612 -1.536 101.863 -1.987
201703 -5.460 102.862 -6.995
201706 -0.142 103.349 -0.181
201709 -0.587 104.136 -0.743
201712 -0.028 104.011 -0.035
201803 0.341 105.290 0.427
201806 0.094 106.317 0.117
201809 0.257 106.507 0.318
201812 0.413 105.998 0.513
201903 0.186 107.251 0.229
201906 0.177 108.070 0.216
201909 0.191 108.329 0.232
201912 -0.027 108.420 -0.033
202003 -0.054 108.902 -0.065
202006 -0.844 108.767 -1.023
202009 -0.340 109.815 -0.408
202012 -0.353 109.897 -0.423
202103 0.101 111.754 0.119
202106 0.017 114.631 0.020
202109 0.196 115.734 0.223
202112 0.743 117.630 0.832
202203 1.616 121.301 1.756
202206 1.296 125.017 1.366
202209 1.232 125.227 1.296
202212 0.774 125.222 0.815
202303 0.616 127.348 0.637
202306 0.434 128.729 0.444
202309 0.703 129.860 0.713
202312 0.624 129.419 0.635
202403 0.478 131.776 0.478

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.


Marathon Oil  (MIL:1USS) 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.


Marathon Oil Shiller PE Ratio Related Terms

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Marathon Oil (MIL:1USS) Business Description

Traded in Other Exchanges
Address
990 Town and Country Boulevard, Houston, TX, USA, 77024-2217
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.

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