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SER Industries (BOM:507984) E10 : ₹-2.28 (As of Mar. 2024)


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What is SER Industries 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.

SER Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-2.28 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 0.90% 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 SER Industries was 0.90% per year. The lowest was 0.90% per year. And the median was 0.90% per year.

As of today (2024-06-09), SER Industries's current stock price is ₹18.20. SER Industries's E10 for the quarter that ended in Mar. 2024 was ₹-2.28. SER Industries's Shiller PE Ratio of today is .


SER Industries E10 Historical Data

The historical data trend for SER Industries'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.

SER Industries E10 Chart

SER Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -2.34 -2.61 -2.47 -2.28

SER Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -2.59 -2.47 -2.41 -2.37 -2.28

Competitive Comparison of SER Industries's E10

For the Trucking subindustry, SER Industries'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.


SER Industries's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SER Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SER Industries's Shiller PE Ratio falls into.



SER Industries 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, SER Industries'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)
=-0.49/153.0345*153.0345
=-0.490

Current CPI (Mar. 2024) = 153.0345.

SER Industries Quarterly Data

per share eps CPI Adj_EPS
201403 -1.050 91.425 -1.758
201406 -0.930 94.103 -1.512
201409 0.330 96.780 0.522
201412 -0.020 96.780 -0.032
201503 -1.030 97.163 -1.622
201506 -1.420 99.841 -2.177
201509 -0.520 101.753 -0.782
201512 -0.580 102.901 -0.863
201603 -0.910 102.518 -1.358
201606 -0.630 105.961 -0.910
201609 -0.270 105.961 -0.390
201612 -0.380 105.196 -0.553
201703 0.990 105.196 1.440
201706 -0.620 107.109 -0.886
201709 -0.592 109.021 -0.831
201712 -0.190 109.404 -0.266
201803 -0.160 109.786 -0.223
201806 -0.240 111.317 -0.330
201809 -0.400 115.142 -0.532
201812 -1.860 115.142 -2.472
201903 -0.970 118.202 -1.256
201906 2.570 120.880 3.254
201909 -0.950 123.175 -1.180
201912 -0.340 126.235 -0.412
202003 -0.990 124.705 -1.215
202006 -0.240 127.000 -0.289
202009 -0.400 130.118 -0.470
202012 -0.200 130.889 -0.234
202103 -1.150 131.771 -1.336
202106 -0.530 134.084 -0.605
202109 -0.280 135.847 -0.315
202112 -0.370 138.161 -0.410
202203 -0.291 138.822 -0.321
202206 -0.280 142.347 -0.301
202209 -0.610 144.661 -0.645
202212 -0.250 145.763 -0.262
202303 -0.293 146.865 -0.305
202309 -0.210 151.492 -0.212
202312 -0.310 152.924 -0.310
202403 -0.490 153.035 -0.490

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


SER Industries  (BOM:507984) 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.


Be Aware

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


SER Industries E10 Related Terms

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


SER Industries (BOM:507984) Business Description

Traded in Other Exchanges
N/A
Address
Number 107-108 Mittal Chambers, Nariman Point, Mumbai, MH, IND, 400 021
SER Industries Ltd is engaged in the logistics and transportation operations. The company also owns warehouses and provides fleet vehicle services.

SER Industries (BOM:507984) Headlines

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