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Talbros Engineering (BOM:538987) E10 : ₹26.85 (As of Mar. 2024)


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What is Talbros Engineering 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.

Talbros Engineering's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹8.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹26.85 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 (2024-06-06), Talbros Engineering's current stock price is ₹559.55. Talbros Engineering's E10 for the quarter that ended in Mar. 2024 was ₹26.85. Talbros Engineering's Shiller PE Ratio of today is 20.84.

During the past 11 years, the highest Shiller PE Ratio of Talbros Engineering was 26.73. The lowest was 19.22. And the median was 23.10.


Talbros Engineering E10 Historical Data

The historical data trend for Talbros Engineering'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.

Talbros Engineering E10 Chart

Talbros Engineering 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 - - - - 26.85

Talbros Engineering 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 - - - 27.45 26.85

Competitive Comparison of Talbros Engineering's E10

For the Auto Parts subindustry, Talbros Engineering'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.


Talbros Engineering's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Talbros Engineering's Shiller PE Ratio falls into.



Talbros Engineering 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, Talbros Engineering'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)
=8.79/153.0345*153.0345
=8.790

Current CPI (Mar. 2024) = 153.0345.

Talbros Engineering Quarterly Data

per share eps CPI Adj_EPS
201406 0.465 94.103 0.756
201409 3.805 96.780 6.017
201412 2.285 96.780 3.613
201503 2.405 97.163 3.788
201506 0.925 99.841 1.418
201509 0.895 101.753 1.346
201512 3.590 102.901 5.339
201603 1.220 102.518 1.821
201606 3.020 105.961 4.362
201609 3.170 105.961 4.578
201612 4.110 105.196 5.979
201703 5.490 105.196 7.987
201706 4.790 107.109 6.844
201709 4.640 109.021 6.513
201712 4.640 109.404 6.490
201803 4.350 109.786 6.064
201806 4.480 111.317 6.159
201809 4.550 115.142 6.047
201812 4.451 115.142 5.916
201903 0.710 118.202 0.919
201906 2.460 120.880 3.114
201909 2.410 123.175 2.994
201912 2.610 126.235 3.164
202003 0.435 124.705 0.534
202006 -1.861 127.000 -2.242
202009 6.290 130.118 7.398
202012 7.210 130.889 8.430
202103 9.286 131.771 10.784
202106 6.400 134.084 7.305
202109 12.180 135.847 13.721
202112 12.320 138.161 13.646
202203 12.631 138.822 13.924
202206 16.320 142.347 17.545
202209 15.270 144.661 16.154
202212 14.180 145.763 14.887
202303 9.280 146.865 9.670
202306 8.960 150.280 9.124
202309 8.740 151.492 8.829
202312 8.750 152.924 8.756
202403 8.790 153.035 8.790

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


Talbros Engineering  (BOM:538987) 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.

Talbros Engineering's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=559.55/26.85
=20.84

* 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 Talbros Engineering was 26.73. The lowest was 19.22. And the median was 23.10.


Be Aware

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


Talbros Engineering E10 Related Terms

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


Talbros Engineering (BOM:538987) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 74-75-76, Sector 6, Faridabad, HR, IND, 121 006
Talbros Engineering Ltd is engaged in manufacturing of Rear Axle Shafts for the automobile companies in India and foreign markets. The company operates in only one Segment namely Automobile Components. It offers Rear axle shafts and Front axle shafts. Its manufacturing facilities include forging and induction hardening. The group sells its products in India and also exports it to other countries. It derives a majority of revenue from India.

Talbros Engineering (BOM:538987) Headlines

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