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Welterman International (BOM:526431) E10 : ₹-1.86 (As of Dec. 2023)


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What is Welterman International 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.

Welterman International's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-1.86 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 (2024-06-04), Welterman International's current stock price is ₹23.83. Welterman International's E10 for the quarter that ended in Dec. 2023 was ₹-1.86. Welterman International's Shiller PE Ratio of today is .


Welterman International E10 Historical Data

The historical data trend for Welterman International'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.

Welterman International E10 Chart

Welterman International 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 - - -0.77 -1.61 -1.76

Welterman International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -1.73 -1.76 -1.88 -1.93 -1.86

Competitive Comparison of Welterman International's E10

For the Agricultural Inputs subindustry, Welterman International'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.


Welterman International's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Welterman International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Welterman International's Shiller PE Ratio falls into.



Welterman International 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, Welterman International'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)
=-0.06/152.9243*152.9243
=-0.060

Current CPI (Dec. 2023) = 152.9243.

Welterman International Quarterly Data

per share eps CPI Adj_EPS
201403 1.850 91.425 3.094
201406 -0.810 94.103 -1.316
201409 -0.540 96.780 -0.853
201412 -0.170 96.780 -0.269
201503 -4.300 97.163 -6.768
201506 -0.310 99.841 -0.475
201509 -0.430 101.753 -0.646
201512 -0.430 102.901 -0.639
201603 -4.746 102.518 -7.080
201606 -0.240 105.961 -0.346
201609 -0.360 105.961 -0.520
201612 -0.160 105.196 -0.233
201703 -2.505 105.196 -3.642
201706 -0.410 107.109 -0.585
201709 -0.080 109.021 -0.112
201712 -0.080 109.404 -0.112
201803 -2.340 109.786 -3.259
201806 -0.180 111.317 -0.247
201809 -0.350 115.142 -0.465
201812 2.210 115.142 2.935
201903 0.980 118.202 1.268
201906 -0.350 120.880 -0.443
201909 -0.280 123.175 -0.348
201912 0.410 126.235 0.497
202003 -0.480 124.705 -0.589
202006 -0.280 127.000 -0.337
202009 0.410 130.118 0.482
202012 -0.400 130.889 -0.467
202103 -0.140 131.771 -0.162
202106 0.140 134.084 0.160
202109 0.100 135.847 0.113
202112 0.180 138.161 0.199
202203 2.810 138.822 3.095
202206 -0.350 142.347 -0.376
202209 0.010 144.661 0.011
202212 -0.160 145.763 -0.168
202303 0.150 146.865 0.156
202306 0.010 150.280 0.010
202309 -0.140 151.492 -0.141
202312 -0.060 152.924 -0.060

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


Welterman International  (BOM:526431) 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.


Welterman International E10 Related Terms

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


Welterman International (BOM:526431) Business Description

Traded in Other Exchanges
N/A
Address
R.C. Dutt Road, Race Course, 701-702, Alkapuri Arcade, A-Wing, 7th floor, Opposite Welcom Hotel, Vadodara, GJ, IND, 390007
Welterman International Ltd manufactures leather soles in India. Principally, it is engaged in the business of trading of shoe leather and manufacturing of inorganic water-soluble chemical fertilizers. The company offers leather soles, rubber soles, thermoplastic rubbers, thermoplastic polyurethane, polyvinyl chloride soles, specialized injected soles and leather soles with masonite heels. The company generate its revenue from fertilizer.

Welterman International (BOM:526431) Headlines

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