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Jaiprakash Associates (BOM:532532) E10 : ₹-11.91 (As of Mar. 2024)


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What is Jaiprakash Associates 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.

Jaiprakash Associates's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹-5.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-11.91 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -12.10% per year. During the past 5 years, the average E10 Growth Rate was -18.20% 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 Jaiprakash Associates was -12.10% per year. The lowest was -41.20% per year. And the median was -23.25% per year.

As of today (2024-05-23), Jaiprakash Associates's current stock price is ₹ 15.50. Jaiprakash Associates's E10 for the fiscal year that ended in Mar. 2024 was ₹-11.91. Jaiprakash Associates's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Jaiprakash Associates was 28.56. The lowest was 0.00. And the median was 11.92.


Jaiprakash Associates E10 Historical Data

The historical data trend for Jaiprakash Associates'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.

Jaiprakash Associates E10 Chart

Jaiprakash Associates 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 -6.31 -8.45 -10.02 -11.50 -11.91

Jaiprakash Associates 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 -11.50 - - - -11.91

Competitive Comparison of Jaiprakash Associates's E10

For the Conglomerates subindustry, Jaiprakash Associates'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.


Jaiprakash Associates's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jaiprakash Associates's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jaiprakash Associates's Shiller PE Ratio falls into.



Jaiprakash Associates 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, Jaiprakash Associates's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-5.46/153.0345*153.0345
=-5.460

Current CPI (Mar. 2024) = 153.0345.

Jaiprakash Associates Annual Data

per_share_eps CPI Adj_EPS
201503 -7.309 97.163 -11.512
201603 -12.130 102.518 -18.107
201703 -35.790 105.196 -52.066
201803 -7.960 109.786 -11.096
201903 -8.410 118.202 -10.888
202003 4.500 124.705 5.522
202103 -2.720 131.771 -3.159
202203 -6.020 138.822 -6.636
202303 -5.470 146.865 -5.700
202403 -5.460 153.035 -5.460

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


Jaiprakash Associates  (BOM:532532) 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.

During the past 13 years, the highest Shiller P/E Ratio of Jaiprakash Associates was 28.56. The lowest was 0.00. And the median was 11.92.


Be Aware

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


Jaiprakash Associates E10 Related Terms

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


Jaiprakash Associates (BOM:532532) Business Description

Traded in Other Exchanges
Address
Site-IV Industrial Area, 64/4, Sahibabad, Ghaziabad, UP, IND, 201010
Jaiprakash Associates Ltd is a company that is primarily engaged in six segments. The engineering and construction segment focuses on constructing river valley and hydropower projects on a turnkey basis. The cement segment manufactures and distributes Portland Pozzolana cement under the brand name Jaypee Cement. The Hotel / Hospitality & Golf Course segment is engaged in managing Hotels, Golf Course, Resorts & Spa. The power segment generates, distributes, and transmits power. The real estate segment is engaged in developing residential projects, sports facilities, golf resorts, and so on. The Investments segment is engaged in Investments in Subsidiaries, Associates and Others. Others Includes Waste Treatment Plant, Heavy Engineering Works, Hitech Castings, Man Power Supply etc.

Jaiprakash Associates (BOM:532532) Headlines

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