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Unison Metals (BOM:538610) E10 : ₹0.79 (As of Dec. 2023)


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What is Unison Metals 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.

Unison Metals's adjusted earnings per share data for the fiscal year that ended in Mar. 2023 was ₹1.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.79 for the trailing ten years ended in Mar. 2023.

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.

As of today (2024-05-26), Unison Metals's current stock price is ₹ 20.72. Unison Metals's E10 for the fiscal year that ended in Mar. 2023 was ₹0.79. Unison Metals's Shiller PE Ratio of today is 26.23.

During the past 10 years, the highest Shiller PE Ratio of Unison Metals was 31.67. The lowest was 25.73. And the median was 28.59.


Unison Metals E10 Historical Data

The historical data trend for Unison Metals'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.

Unison Metals E10 Chart

Unison Metals 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 - - - - 0.79

Unison Metals 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 - 0.79 - - -

Competitive Comparison of Unison Metals's E10

For the Steel subindustry, Unison Metals'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.


Unison Metals's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Unison Metals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Unison Metals's Shiller PE Ratio falls into.



Unison Metals 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, Unison Metals'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)
=1.06/146.8646*146.8646
=1.060

Current CPI (Mar. 2023) = 146.8646.

Unison Metals Annual Data

per_share_eps CPI Adj_EPS
201403 0.216 91.425 0.347
201503 0.140 97.163 0.212
201603 1.128 102.518 1.616
201703 0.460 105.196 0.642
201803 0.404 109.786 0.540
201903 -0.106 118.202 -0.132
202003 1.276 124.705 1.503
202103 1.100 131.771 1.226
202203 0.860 138.822 0.910
202303 1.060 146.865 1.060

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


Unison Metals  (BOM:538610) 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.

Unison Metals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.72/0.79
=26.23

* 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 10 years, the highest Shiller P/E Ratio of Unison Metals was 31.67. The lowest was 25.73. And the median was 28.59.


Be Aware

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


Unison Metals E10 Related Terms

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


Unison Metals (BOM:538610) Business Description

Traded in Other Exchanges
N/A
Address
Ramol Char Rasta, Plot No. 5015, Phase IV, GIDC Vatva, Ahmedabad, GJ, IND, 382445
Unison Metals Ltd is engaged in the manufacturing of all kinds and forms of steel and Ceramic glaze mixture. The company manufactures hot and cold-rolled stainless steel sheets and stainless steel patta for a range of industrial applications. Its products include Serveware; Storage ware; S.S. Cookware, Ingots, Dinner Sets, Ceramic Glaze, Unilock Airlight, and others. The majority of the revenue is generated from the sale of C.R.Patta. The Company's main business activity is trading and Manufacturing Steel Patta and Ceramics Products.

Unison Metals (BOM:538610) Headlines

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