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Sharp India (BOM:523449) E10 : ₹-5.34 (As of Dec. 2023)


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What is Sharp India 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.

Sharp India's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-1.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-5.34 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-15), Sharp India's current stock price is ₹79.28. Sharp India's E10 for the quarter that ended in Dec. 2023 was ₹-5.34. Sharp India's Shiller PE Ratio of today is .


Sharp India E10 Historical Data

The historical data trend for Sharp India'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.

Sharp India E10 Chart

Sharp India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -4.32 -5.10

Sharp India Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -4.75 -4.90 -5.10 -5.27 -5.34

Competitive Comparison of Sharp India's E10

For the Consumer Electronics subindustry, Sharp India'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.


Sharp India's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sharp India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sharp India's Shiller PE Ratio falls into.



Sharp India 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, Sharp India'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)
=-1.78/153.2548*153.2548
=-1.780

Current CPI (Dec. 2023) = 153.2548.

Sharp India Quarterly Data

per share eps CPI Adj_EPS
201312 0.060 91.425 0.101
201403 2.890 91.425 4.844
201406 1.300 94.103 2.117
201409 -0.840 96.780 -1.330
201412 -0.560 96.780 -0.887
201503 0.690 97.163 1.088
201506 -1.090 99.841 -1.673
201509 -3.850 101.753 -5.799
201512 -1.910 102.901 -2.845
201603 1.440 102.518 2.153
201606 -1.230 105.961 -1.779
201609 -2.010 105.961 -2.907
201612 -1.120 105.196 -1.632
201703 -0.920 105.196 -1.340
201706 -0.970 107.109 -1.388
201709 -0.830 109.021 -1.167
201712 -1.140 109.404 -1.597
201803 -0.780 109.786 -1.089
201806 -1.090 111.317 -1.501
201809 -1.700 115.142 -2.263
201812 -1.220 115.142 -1.624
201903 -1.260 118.202 -1.634
201906 -1.430 120.880 -1.813
201909 -1.350 123.175 -1.680
201912 -1.280 126.235 -1.554
202003 -1.320 124.705 -1.622
202006 -1.410 127.000 -1.701
202009 -1.490 130.118 -1.755
202012 -1.450 130.889 -1.698
202103 -2.780 131.771 -3.233
202106 -1.430 134.084 -1.634
202109 -1.440 135.847 -1.625
202112 -1.440 138.161 -1.597
202203 -1.360 138.822 -1.501
202206 -1.450 142.347 -1.561
202209 -1.520 144.661 -1.610
202212 -1.560 145.763 -1.640
202303 -1.550 146.865 -1.617
202306 -1.610 150.280 -1.642
202312 -1.780 153.255 -1.780

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


Sharp India  (BOM:523449) 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.


Sharp India E10 Related Terms

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


Sharp India (BOM:523449) Business Description

Traded in Other Exchanges
N/A
Address
Gat No. 686/4, Koregaon Bhima, Taluka Shirur, District Pune, Pune, MH, IND, 412 216
Sharp India Ltd is engaged in the business of consumer electronics. It manufactures and sells color televisions (CRT TVs), liquid crystal display televisions (LCD TVs), light-emitting diode televisions, and air conditioners. Geographically, the business presence of the group is seen in India.

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