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Nava (NSE:NAVA) E10 : ₹32.09 (As of Mar. 2024)


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What is Nava 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.

Nava's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹14.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹32.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nava's average E10 Growth Rate was -36.10% 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.

As of today (2024-05-26), Nava's current stock price is ₹507.30. Nava's E10 for the quarter that ended in Mar. 2024 was ₹32.09. Nava's Shiller PE Ratio of today is 15.81.

During the past 13 years, the highest Shiller PE Ratio of Nava was 16.17. The lowest was 3.60. And the median was 7.67.


Nava E10 Historical Data

The historical data trend for Nava'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.

Nava E10 Chart

Nava 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 - - - 50.42 32.09

Nava 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 50.42 47.08 39.77 35.34 32.09

Competitive Comparison of Nava's E10

For the Conglomerates subindustry, Nava'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.


Nava's Shiller PE Ratio Distribution in the Conglomerates Industry

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

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



Nava 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, Nava'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)
=14.25/153.0345*153.0345
=14.250

Current CPI (Mar. 2024) = 153.0345.

Nava Quarterly Data

per share eps CPI Adj_EPS
201203 16.860 76.889 33.557
201303 10.660 85.687 19.038
201403 15.675 91.425 26.238
201503 11.529 97.163 18.159
201506 1.195 99.841 1.832
201509 3.680 101.753 5.535
201512 4.250 102.901 6.321
201603 5.560 102.518 8.300
201606 1.560 105.961 2.253
201609 0.140 105.961 0.202
201612 1.052 105.196 1.530
201703 2.100 105.196 3.055
201706 0.920 107.109 1.314
201709 1.590 109.021 2.232
201712 1.370 109.404 1.916
201803 9.870 109.786 13.758
201806 5.150 111.317 7.080
201809 5.860 115.142 7.788
201812 6.280 115.142 8.347
201903 -0.630 118.202 -0.816
201906 6.650 120.880 8.419
201909 5.790 123.175 7.194
201912 2.930 126.235 3.552
202003 8.730 124.705 10.713
202006 4.210 127.000 5.073
202009 6.220 130.118 7.315
202012 7.250 130.889 8.477
202103 8.330 131.771 9.674
202106 3.130 134.084 3.572
202109 2.140 135.847 2.411
202112 11.600 138.161 12.849
202203 18.780 138.822 20.703
202206 20.580 142.347 22.125
202209 9.440 144.661 9.986
202212 16.870 145.763 17.712
202303 17.040 146.865 17.756
202306 17.990 150.280 18.320
202309 10.200 151.492 10.304
202312 22.600 152.924 22.616
202403 14.250 153.035 14.250

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


Nava  (NSE:NAVA) 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.

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

Shiller PE Ratio=Share Price/E10
=507.30/32.09
=15.81

* 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 Nava was 16.17. The lowest was 3.60. And the median was 7.67.


Be Aware

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


Nava E10 Related Terms

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


Nava (NSE:NAVA) Business Description

Traded in Other Exchanges
Address
Silicon House, Road No. 14, House No.8-2-318/1, Plot No. 78, Banjara Hills, Hyderabad, TG, IND, 500 034
Nava Ltd is a multinational company, operating in India, South East Asia and Africa. It is a diversified group, with businesses in Energy, Ferro alloys, Operation and maintenance, mining, agribusiness and healthcare.

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