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Indraprastha Gas (BOM:532514) E10 : ₹19.64 (As of Mar. 2024)


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What is Indraprastha Gas 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.

Indraprastha Gas's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹6.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹19.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Indraprastha Gas's average E10 Growth Rate was 15.60% per year. During the past 3 years, the average E10 Growth Rate was 9.60% 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 Indraprastha Gas was 9.60% per year. The lowest was 9.60% per year. And the median was 9.60% per year.

As of today (2024-05-17), Indraprastha Gas's current stock price is ₹440.55. Indraprastha Gas's E10 for the quarter that ended in Mar. 2024 was ₹19.64. Indraprastha Gas's Shiller PE Ratio of today is 22.43.

During the past 13 years, the highest Shiller PE Ratio of Indraprastha Gas was 38.18. The lowest was 20.55. And the median was 26.17.


Indraprastha Gas E10 Historical Data

The historical data trend for Indraprastha Gas'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.

Indraprastha Gas E10 Chart

Indraprastha Gas 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 - 14.90 15.58 16.99 19.64

Indraprastha Gas 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 16.99 17.91 18.61 19.24 19.64

Competitive Comparison of Indraprastha Gas's E10

For the Utilities - Regulated Gas subindustry, Indraprastha Gas'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.


Indraprastha Gas's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Indraprastha Gas's Shiller PE Ratio falls into.



Indraprastha Gas 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, Indraprastha Gas'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)
=6.22/153.0345*153.0345
=6.220

Current CPI (Mar. 2024) = 153.0345.

Indraprastha Gas Quarterly Data

per share eps CPI Adj_EPS
201303 1.192 85.687 2.129
201306 1.252 88.365 2.168
201309 1.324 91.042 2.226
201312 1.278 91.425 2.139
201403 1.292 91.425 2.163
201406 1.630 94.103 2.651
201409 1.708 96.780 2.701
201412 1.546 96.780 2.445
201503 1.518 97.163 2.391
201506 1.454 99.841 2.229
201509 1.456 101.753 2.190
201512 1.502 102.901 2.234
201603 2.134 102.518 3.186
201703 8.660 105.196 12.598
201706 2.300 107.109 3.286
201803 10.310 109.786 14.371
201806 2.670 111.317 3.671
201809 2.950 115.142 3.921
201812 3.150 115.142 4.187
201903 3.260 118.202 4.221
201906 3.500 120.880 4.431
201909 5.940 123.175 7.380
201912 4.250 126.235 5.152
202003 4.150 124.705 5.093
202006 0.500 127.000 0.602
202009 5.440 130.118 6.398
202012 5.450 130.889 6.372
202103 5.360 131.771 6.225
202106 3.970 134.084 4.531
202109 5.980 135.847 6.737
202112 5.350 138.161 5.926
202203 6.160 138.822 6.791
202206 6.870 142.347 7.386
202209 6.100 144.661 6.453
202212 4.770 145.763 5.008
202303 5.680 146.865 5.919
202306 7.460 150.280 7.597
202309 7.900 151.492 7.980
202312 6.790 152.924 6.795
202403 6.220 153.035 6.220

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


Indraprastha Gas  (BOM:532514) 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.

Indraprastha Gas's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=440.55/19.64
=22.43

* 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 Indraprastha Gas was 38.18. The lowest was 20.55. And the median was 26.17.


Be Aware

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


Indraprastha Gas E10 Related Terms

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


Indraprastha Gas (BOM:532514) Business Description

Traded in Other Exchanges
Address
IGL Bhawan, Plot Number 4, Community Centre, Sector-9, R K Puram, New Delhi, IND, 110022
Indraprastha Gas Ltd, or IGL, is an Indian utility company that derives nearly all of its revenue from the sale of natural gas. IGL supplies compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to domestic, industrial, and commercial sector customers. Most of the natural gas sold by IGL is in the form of compressed natural gas. CNG is an alternative to fossil fuels that is distributed from IGL's portfolio of fueling stations to power a variety of vehicles. The vast majority of these CNG stations are located in the Delhi and National Capital Regions. IGL distributes a significant amount of natural gas through its network of pipelines in Delhi and the National Capital Region, as well. The customers served by IGL's PNG business are primarily residential consumers.

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