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Jindal Worldwide (BOM:531543) E10 : ₹3.30 (As of Dec. 2023)


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What is Jindal Worldwide 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.

Jindal Worldwide's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was ₹5.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.30 for the trailing ten years ended in Mar. 2023.

During the past 3 years, the average E10 Growth Rate was 19.20% per year. During the past 5 years, the average E10 Growth Rate was 16.00% 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 Jindal Worldwide was 23.70% per year. The lowest was 12.40% per year. And the median was 17.60% per year.

As of today (2024-05-28), Jindal Worldwide's current stock price is ₹ 335.90. Jindal Worldwide's E10 for the fiscal year that ended in Mar. 2023 was ₹3.30. Jindal Worldwide's Shiller PE Ratio of today is 101.79.

During the past 13 years, the highest Shiller PE Ratio of Jindal Worldwide was 123.79. The lowest was 13.28. And the median was 55.30.


Jindal Worldwide E10 Historical Data

The historical data trend for Jindal Worldwide'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.

Jindal Worldwide E10 Chart

Jindal Worldwide 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 1.78 1.95 2.16 2.68 3.30

Jindal Worldwide 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 - 3.30 - - -

Competitive Comparison of Jindal Worldwide's E10

For the Textile Manufacturing subindustry, Jindal Worldwide'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.


Jindal Worldwide's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Jindal Worldwide's Shiller PE Ratio falls into.



Jindal Worldwide 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, Jindal Worldwide's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=5.77/146.8646*146.8646
=5.770

Current CPI (Mar. 2023) = 146.8646.

Jindal Worldwide Annual Data

per_share_eps CPI Adj_EPS
201403 1.267 91.425 2.035
201503 1.330 97.163 2.010
201603 2.009 102.518 2.878
201703 3.312 105.196 4.624
201803 2.920 109.786 3.906
201903 1.500 118.202 1.864
202003 1.420 124.705 1.672
202103 2.205 131.771 2.458
202203 5.450 138.822 5.766
202303 5.770 146.865 5.770

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


Jindal Worldwide  (BOM:531543) 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.

Jindal Worldwide's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=335.90/3.3
=101.79

* 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 Jindal Worldwide was 123.79. The lowest was 13.28. And the median was 55.30.


Be Aware

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


Jindal Worldwide E10 Related Terms

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


Jindal Worldwide (BOM:531543) Business Description

Traded in Other Exchanges
Address
Shivranjani, Shyamal, 132 Ft Ring Road, I.O.C. Petrol Pump Lane, Jindal Corporate House, Opposite D-Mart, Satellite, Ahmedabad, GJ, IND, 380015
Jindal Worldwide Ltd manufactures, sells, and exports denim and home textiles. Its products include denim fabrics, bottom-weight fabric, shirting fabric, yarn-dyed fabric and bedsheets. The company provides products and services in the textiles, chemicals, finance, and trading areas. It operates in one segment Textiles.

Jindal Worldwide (BOM:531543) Headlines

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