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Rajesh Exports (BOM:531500) E10 : ₹44.44 (As of Dec. 2023)


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What is Rajesh Exports 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.

Rajesh Exports's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹44.44 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rajesh Exports's average E10 Growth Rate was 6.10% 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.

As of today (2024-05-26), Rajesh Exports's current stock price is ₹302.55. Rajesh Exports's E10 for the quarter that ended in Dec. 2023 was ₹44.44. Rajesh Exports's Shiller PE Ratio of today is 6.81.

During the past 13 years, the highest Shiller PE Ratio of Rajesh Exports was 22.50. The lowest was 5.92. And the median was 14.48.


Rajesh Exports E10 Historical Data

The historical data trend for Rajesh Exports'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.

Rajesh Exports E10 Chart

Rajesh Exports 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 - - 37.55 39.22 43.77

Rajesh Exports Quarterly Data
Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 41.88 42.97 43.77 44.63 44.44

Competitive Comparison of Rajesh Exports's E10

For the Luxury Goods subindustry, Rajesh Exports'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.


Rajesh Exports's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rajesh Exports's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Rajesh Exports's Shiller PE Ratio falls into.



Rajesh Exports 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, Rajesh Exports'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)
=0.42/152.9243*152.9243
=0.420

Current CPI (Dec. 2023) = 152.9243.

Rajesh Exports Quarterly Data

per share eps CPI Adj_EPS
201309 3.400 91.042 5.711
201312 3.100 91.425 5.185
201403 1.940 91.425 3.245
201406 4.010 94.103 6.517
201409 5.410 96.780 8.548
201412 5.800 96.780 9.165
201503 6.960 97.163 10.954
201506 8.032 99.841 12.302
201509 9.480 101.753 14.247
201512 10.250 102.901 15.233
201603 8.500 102.518 12.679
201606 9.141 105.961 13.192
201609 10.490 105.961 15.139
201612 11.320 105.196 16.456
201703 11.250 105.196 16.354
201706 10.050 107.109 14.349
201709 10.100 109.021 14.167
201712 10.210 109.404 14.271
201803 12.510 109.786 17.426
201806 13.520 111.317 18.573
201809 10.660 115.142 14.158
201903 0.000 118.202 0.000
201906 10.230 120.880 12.942
201909 10.690 123.175 13.272
201912 10.720 126.235 12.986
202003 9.205 124.705 11.288
202006 5.150 127.000 6.201
202009 5.860 130.118 6.887
202012 7.710 130.889 9.008
202103 9.892 131.771 11.480
202106 9.430 134.084 10.755
202109 9.870 135.847 11.111
202112 10.170 138.161 11.257
202203 4.709 138.822 5.187
202206 9.200 142.347 9.884
202209 12.630 144.661 13.351
202212 14.280 145.763 14.982
202303 12.396 146.865 12.907
202309 1.530 151.492 1.544
202312 0.420 152.924 0.420

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


Rajesh Exports  (BOM:531500) 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.

Rajesh Exports's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=302.55/44.44
=6.81

* 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 Rajesh Exports was 22.50. The lowest was 5.92. And the median was 14.48.


Be Aware

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


Rajesh Exports E10 Related Terms

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


Rajesh Exports (BOM:531500) Business Description

Traded in Other Exchanges
Address
Number 1, Brunton Road (Off M.G. Road), Opposite Old Passport Office, Bengaluru, KA, IND, 560 001
Rajesh Exports Ltd is a gold refiner and Manufacturer of all kind of Gold products. The Company export its products to various countries around the world and it also sell its products in whole sale and retail in India and also through its own retail showrooms under the brand name of SHUBH Jewellers. Rajesh Exports Ltd has setup various manufacturing facilities in India and other countries.

Rajesh Exports (BOM:531500) Headlines

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