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Godrej Consumer Products (BOM:532424) E10 : ₹16.71 (As of Mar. 2024)


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What is Godrej Consumer Products 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.

Godrej Consumer Products's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-18.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹16.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Godrej Consumer Products's average E10 Growth Rate was -5.90% per year. During the past 3 years, the average E10 Growth Rate was -5.70% 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 Godrej Consumer Products was -5.70% per year. The lowest was -7.30% per year. And the median was -6.50% per year.

As of today (2024-05-26), Godrej Consumer Products's current stock price is ₹1310.35. Godrej Consumer Products's E10 for the quarter that ended in Mar. 2024 was ₹16.71. Godrej Consumer Products's Shiller PE Ratio of today is 78.42.

During the past 13 years, the highest Shiller PE Ratio of Godrej Consumer Products was 79.05. The lowest was 22.35. And the median was 51.70.


Godrej Consumer Products E10 Historical Data

The historical data trend for Godrej Consumer Products'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.

Godrej Consumer Products E10 Chart

Godrej Consumer Products 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 22.33 19.90 16.49 17.76 16.71

Godrej Consumer Products 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 17.76 18.26 18.52 18.94 16.71

Competitive Comparison of Godrej Consumer Products's E10

For the Household & Personal Products subindustry, Godrej Consumer Products'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.


Godrej Consumer Products's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Godrej Consumer Products's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Godrej Consumer Products's Shiller PE Ratio falls into.



Godrej Consumer Products 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, Godrej Consumer Products'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)
=-18.51/153.0345*153.0345
=-18.510

Current CPI (Mar. 2024) = 153.0345.

Godrej Consumer Products Quarterly Data

per share eps CPI Adj_EPS
201406 1.403 94.103 2.282
201409 2.297 96.780 3.632
201412 2.580 96.780 4.080
201503 2.600 97.163 4.095
201506 1.143 99.841 1.752
201509 2.167 101.753 3.259
201512 3.600 102.901 5.354
201603 1.220 102.518 1.821
201606 2.406 105.961 3.475
201609 3.119 105.961 4.505
201612 3.444 105.196 5.010
201703 3.793 105.196 5.518
201706 2.203 107.109 3.148
201709 3.541 109.021 4.971
201712 4.206 109.404 5.883
201803 6.038 109.786 8.417
201806 3.962 111.317 5.447
201809 5.652 115.142 7.512
201812 4.143 115.142 5.506
201903 9.143 118.202 11.837
201906 3.990 120.880 5.051
201909 4.050 123.175 5.032
201912 4.350 126.235 5.273
202003 2.250 124.705 2.761
202006 3.860 127.000 4.651
202009 4.480 130.118 5.269
202012 4.910 130.889 5.741
202103 3.580 131.771 4.158
202106 4.050 134.084 4.622
202109 4.680 135.847 5.272
202112 5.160 138.161 5.716
202203 3.550 138.822 3.913
202206 3.370 142.347 3.623
202209 3.510 144.661 3.713
202212 5.340 145.763 5.606
202303 4.420 146.865 4.606
202306 3.120 150.280 3.177
202309 4.230 151.492 4.273
202312 5.680 152.924 5.684
202403 -18.510 153.035 -18.510

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


Godrej Consumer Products  (BOM:532424) 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.

Godrej Consumer Products's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1310.35/16.71
=78.42

* 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 Godrej Consumer Products was 79.05. The lowest was 22.35. And the median was 51.70.


Be Aware

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


Godrej Consumer Products E10 Related Terms

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


Godrej Consumer Products (BOM:532424) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, 4th Floor, Godrej One, Pirojshanagar, Vikhroli (East), Mumbai, MH, IND, 400079
Godrej Consumer Products Ltd is a household and personal care producer. The company has three main product categories: home care, hair care, and personal care. Godrej Consumer Products serves different geographic regions: Asia (India, Indonesia, Middle East, Myanmar, Nepal, Pakistan, Sri Lanka); Africa (South Africa, Nigeria, Mozambique, Kenya); Latin America (Argentina, Bolivia, Chile, Paraguay, and Uruguay); and Europe (the United Kingdom). The brand portfolio includes Roby, Renew, Darling, and Inecto in hair care; Hit, Ezee, and Good Knight in-home care; and Mitu, Protekt, and Cinthol in personal care.

Godrej Consumer Products (BOM:532424) Headlines

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