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Wardwizard Innovations & Mobility (BOM:538970) E10 : ₹1.29 (As of Mar. 2024)


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What is Wardwizard Innovations & Mobility 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.

Wardwizard Innovations & Mobility's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.29 for the trailing ten years ended in Mar. 2024.

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), Wardwizard Innovations & Mobility's current stock price is ₹52.86. Wardwizard Innovations & Mobility's E10 for the quarter that ended in Mar. 2024 was ₹1.29. Wardwizard Innovations & Mobility's Shiller PE Ratio of today is 40.98.

During the past 11 years, the highest Shiller PE Ratio of Wardwizard Innovations & Mobility was 49.39. The lowest was 40.94. And the median was 45.77.


Wardwizard Innovations & Mobility E10 Historical Data

The historical data trend for Wardwizard Innovations & Mobility'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.

Wardwizard Innovations & Mobility E10 Chart

Wardwizard Innovations & Mobility 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 - - - - 1.29

Wardwizard Innovations & Mobility Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - 1.29

Competitive Comparison of Wardwizard Innovations & Mobility's E10

For the Auto Manufacturers subindustry, Wardwizard Innovations & Mobility'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.


Wardwizard Innovations & Mobility's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wardwizard Innovations & Mobility's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Wardwizard Innovations & Mobility's Shiller PE Ratio falls into.



Wardwizard Innovations & Mobility 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, Wardwizard Innovations & Mobility'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)
=0.16/153.0345*153.0345
=0.160

Current CPI (Mar. 2024) = 153.0345.

Wardwizard Innovations & Mobility Quarterly Data

per share eps CPI Adj_EPS
201403 6.745 91.425 11.290
201406 0.019 94.103 0.031
201409 0.040 96.780 0.063
201412 0.028 96.780 0.044
201503 -0.052 97.163 -0.082
201506 -0.023 99.841 -0.035
201509 0.027 101.753 0.041
201512 -0.015 102.901 -0.022
201603 0.015 102.518 0.022
201606 -0.007 105.961 -0.010
201609 -0.001 105.961 -0.001
201612 0.002 105.196 0.003
201703 0.007 105.196 0.010
201706 -0.011 107.109 -0.016
201709 -0.006 109.021 -0.008
201712 -0.009 109.404 -0.013
201803 0.025 109.786 0.035
201806 -0.003 111.317 -0.004
201809 -0.005 115.142 -0.007
201812 -0.009 115.142 -0.012
201903 -0.008 118.202 -0.010
201906 -0.004 120.880 -0.005
201909 -0.006 123.175 -0.007
201912 -0.041 126.235 -0.050
202003 -0.089 124.705 -0.109
202006 0.080 127.000 0.096
202009 0.013 130.118 0.015
202012 0.339 130.889 0.396
202103 0.031 131.771 0.036
202106 0.030 134.084 0.034
202109 0.060 135.847 0.068
202112 0.110 138.161 0.122
202203 0.150 138.822 0.165
202206 0.080 142.347 0.086
202209 0.100 144.661 0.106
202212 0.130 145.763 0.136
202303 0.030 146.865 0.031
202309 0.100 151.492 0.101
202312 0.210 152.924 0.210
202403 0.160 153.035 0.160

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


Wardwizard Innovations & Mobility  (BOM:538970) 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.

Wardwizard Innovations & Mobility's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=52.86/1.29
=40.98

* 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 11 years, the highest Shiller P/E Ratio of Wardwizard Innovations & Mobility was 49.39. The lowest was 40.94. And the median was 45.77.


Be Aware

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


Wardwizard Innovations & Mobility E10 Related Terms

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


Wardwizard Innovations & Mobility (BOM:538970) Business Description

Traded in Other Exchanges
N/A
Address
Survey 26/2, Ajwa Road, Opposite Pooja Farm Sayajipura, Vadodara, GJ, IND, 390019
Wardwizard Innovations & Mobility Ltd and its subsidiary are engaged in the manufacturing and selling of transport equipment. It operates through the following segments: Joy E-Bike; Vyom Innovations and Sale of services. Geographically it generates a majority of revenue from India.

Wardwizard Innovations & Mobility (BOM:538970) Headlines

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