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Gujarat State Petronet (BOM:532702) E10 : ₹24.39 (As of Mar. 2024)


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What is Gujarat State Petronet 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.

Gujarat State Petronet's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹29.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹24.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gujarat State Petronet's average E10 Growth Rate was 12.00% per year. 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 13.10% per year. During the past 10 years, the average E10 Growth Rate was 14.30% 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 Gujarat State Petronet was 17.30% per year. The lowest was 12.10% per year. And the median was 13.80% per year.

As of today (2024-06-07), Gujarat State Petronet's current stock price is ₹ 278.15. Gujarat State Petronet's E10 for the fiscal year that ended in Mar. 2024 was ₹24.39. Gujarat State Petronet's Shiller PE Ratio of today is 11.40.

During the past 13 years, the highest Shiller PE Ratio of Gujarat State Petronet was 19.21. The lowest was 11.10. And the median was 13.75.


Gujarat State Petronet E10 Historical Data

The historical data trend for Gujarat State Petronet'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.

Gujarat State Petronet E10 Chart

Gujarat State Petronet 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 15.38 17.30 19.38 21.77 24.39

Gujarat State Petronet 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 21.77 - - - 24.39

Competitive Comparison of Gujarat State Petronet's E10

For the Utilities - Regulated Gas subindustry, Gujarat State Petronet'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.


Gujarat State Petronet's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Gujarat State Petronet's Shiller PE Ratio falls into.



Gujarat State Petronet 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, Gujarat State Petronet'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)
=29.41/153.0345*153.0345
=29.410

Current CPI (Mar. 2024) = 153.0345.

Gujarat State Petronet Annual Data

per_share_eps CPI Adj_EPS
201503 8.640 97.163 13.608
201603 8.260 102.518 12.330
201703 9.830 105.196 14.300
201803 13.140 109.786 18.316
201903 17.700 118.202 22.916
202003 30.650 124.705 37.613
202103 28.480 131.771 33.076
202203 29.040 138.822 32.013
202303 29.090 146.865 30.312
202403 29.410 153.035 29.410

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


Gujarat State Petronet  (BOM:532702) 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.

Gujarat State Petronet's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=278.15/24.39
=11.40

* 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 Gujarat State Petronet was 19.21. The lowest was 11.10. And the median was 13.75.


Be Aware

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


Gujarat State Petronet E10 Related Terms

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


Gujarat State Petronet (BOM:532702) Business Description

Traded in Other Exchanges
Address
GSPL Bhavan, E-18, GIDC Electronics Estate, Sector-26, Near K-7 Circle, Gandhinagar, GJ, IND, 382028
Gujarat State Petronet Ltd is a regulated Indian natural gas utility company of which the shareholder is a state-owned oil and gas exploration company, Gujarat State Petroleum Corporation. Gujarat State Petronet is involved in the provision of natural gas, compressed natural gas, and liquefied natural gas transmission services in the West Indian state of Gujarat through its pipeline network. The company derives the vast majority of its sales from service fees relating to the transportation of gas to domestic, industrial, and commercial customers. With its many subsidiaries and associate firms, such as Gujarat Gas Limited, Gujarat State Petronet is one of the gas distributors in India.

Gujarat State Petronet (BOM:532702) Headlines

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