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Amarjothi Spinning Mills (BOM:521097) E10 : ₹23.56 (As of Mar. 2024)


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What is Amarjothi Spinning Mills 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.

Amarjothi Spinning Mills's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹1.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹23.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Amarjothi Spinning Mills's average E10 Growth Rate was -10.50% per year. During the past 3 years, the average E10 Growth Rate was -0.30% 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 Amarjothi Spinning Mills was -0.30% per year. The lowest was -0.30% per year. And the median was -0.30% per year.

As of today (2024-06-13), Amarjothi Spinning Mills's current stock price is ₹181.80. Amarjothi Spinning Mills's E10 for the quarter that ended in Mar. 2024 was ₹23.56. Amarjothi Spinning Mills's Shiller PE Ratio of today is 7.72.

During the past 13 years, the highest Shiller PE Ratio of Amarjothi Spinning Mills was 9.27. The lowest was 3.96. And the median was 6.73.


Amarjothi Spinning Mills E10 Historical Data

The historical data trend for Amarjothi Spinning Mills'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.

Amarjothi Spinning Mills E10 Chart

Amarjothi Spinning Mills 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 - 23.78 24.04 26.33 23.56

Amarjothi Spinning Mills 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 26.33 27.25 26.38 24.76 23.56

Competitive Comparison of Amarjothi Spinning Mills's E10

For the Textile Manufacturing subindustry, Amarjothi Spinning Mills'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.


Amarjothi Spinning Mills's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Amarjothi Spinning Mills's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Amarjothi Spinning Mills's Shiller PE Ratio falls into.



Amarjothi Spinning Mills 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, Amarjothi Spinning Mills'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)
=1.13/153.0345*153.0345
=1.130

Current CPI (Mar. 2024) = 153.0345.

Amarjothi Spinning Mills Quarterly Data

per share eps CPI Adj_EPS
201403 -0.670 91.425 -1.122
201406 7.070 94.103 11.498
201409 3.220 96.780 5.092
201412 3.960 96.780 6.262
201503 5.410 97.163 8.521
201506 -1.690 99.841 -2.590
201509 3.670 101.753 5.520
201512 3.690 102.901 5.488
201603 1.980 102.518 2.956
201606 9.030 105.961 13.042
201609 10.070 105.961 14.544
201612 5.090 105.196 7.405
201703 0.520 105.196 0.756
201706 7.690 107.109 10.987
201709 2.100 109.021 2.948
201712 5.026 109.404 7.030
201803 2.490 109.786 3.471
201806 9.890 111.317 13.596
201812 4.623 115.142 6.144
201903 1.647 118.202 2.132
201906 5.770 120.880 7.305
201909 4.060 123.175 5.044
201912 5.050 126.235 6.122
202003 1.540 124.705 1.890
202006 0.250 127.000 0.301
202009 8.820 130.118 10.373
202012 7.600 130.889 8.886
202103 6.470 131.771 7.514
202106 6.790 134.084 7.750
202109 7.760 135.847 8.742
202112 6.190 138.161 6.856
202203 11.040 138.822 12.170
202206 7.690 142.347 8.267
202209 3.430 144.661 3.629
202212 2.160 145.763 2.268
202303 2.500 146.865 2.605
202306 2.260 150.280 2.301
202309 4.980 151.492 5.031
202312 3.720 152.924 3.723
202403 1.130 153.035 1.130

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


Amarjothi Spinning Mills  (BOM:521097) 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.

Amarjothi Spinning Mills's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=181.80/23.56
=7.72

* 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 Amarjothi Spinning Mills was 9.27. The lowest was 3.96. And the median was 6.73.


Be Aware

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


Amarjothi Spinning Mills E10 Related Terms

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


Amarjothi Spinning Mills (BOM:521097) Business Description

Traded in Other Exchanges
N/A
Address
157, Kumaran Road, Amarjothi House, Tirupur, TN, IND, 641601
Amarjothi Spinning Mills Ltd is engaged in the spinning, dyeing, and blending of yarn. The company owns windmills for captive consumption purposes. Further, it offers blended melange yarns products such as cotton, viscose, polyester, modal, synthetic fiber, man-made fiber, bamboo, flax, and slub yarns, as well as non-blended melange yarns and melange shades. Geographically business activity of the firm is operated through the regions of India and derives revenue from the sale of products.

Amarjothi Spinning Mills (BOM:521097) Headlines

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