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Value Industries (NSE:VALUEIND) E10 : ₹-113.21 (As of Mar. 2023)


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What is Value Industries 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.

Value Industries's adjusted earnings per share data for the three months ended in Mar. 2023 was ₹-15.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-113.21 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 (2024-05-27), Value Industries's current stock price is ₹3.80. Value Industries's E10 for the quarter that ended in Mar. 2023 was ₹-113.21. Value Industries's Shiller PE Ratio of today is .


Value Industries E10 Historical Data

The historical data trend for Value Industries'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.

Value Industries E10 Chart

Value Industries Annual Data
Trend Dec14 Dec15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -102.73 -113.21

Value Industries Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -102.73 -105.55 -109.48 -111.42 -113.21

Competitive Comparison of Value Industries's E10

For the Furnishings, Fixtures & Appliances subindustry, Value Industries'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.


Value Industries's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Value Industries's Shiller PE Ratio distribution charts can be found below:

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



Value Industries 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, Value Industries's adjusted earnings per share data for the three months ended in Mar. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-15.12/146.8646*146.8646
=-15.120

Current CPI (Mar. 2023) = 146.8646.

Value Industries Quarterly Data

per share eps CPI Adj_EPS
201306 -4.730 88.365 -7.861
201309 -4.240 91.042 -6.840
201312 -3.940 91.425 -6.329
201403 -3.280 91.425 -5.269
201406 -2.810 94.103 -4.386
201409 -2.430 96.780 -3.688
201412 -2.650 96.780 -4.021
201503 -2.130 97.163 -3.220
201506 -0.690 99.841 -1.015
201509 -1.630 101.753 -2.353
201512 -1.260 102.901 -1.798
201603 -2.810 102.518 -4.026
201606 -3.220 105.961 -4.463
201609 -3.320 105.961 -4.602
201612 -3.990 105.196 -5.570
201703 -4.860 105.196 -6.785
201706 -10.920 107.109 -14.973
201709 -13.860 109.021 -18.671
201712 -37.160 109.404 -49.884
201803 -99.210 109.786 -132.716
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 -12.740 115.142 -16.250
201903 -70.392 118.202 -87.461
201906 -7.380 120.880 -8.966
201909 -7.700 123.175 -9.181
201912 -7.550 126.235 -8.784
202003 -31.200 124.705 -36.744
202006 -7.360 127.000 -8.511
202009 -7.630 130.118 -8.612
202012 -22.660 130.889 -25.426
202103 -22.930 131.771 -25.557
202106 -11.560 134.084 -12.662
202109 -2.640 135.847 -2.854
202112 -2.700 138.161 -2.870
202203 -38.180 138.822 -40.392
202206 -6.390 142.347 -6.593
202209 -20.870 144.661 -21.188
202212 -16.740 145.763 -16.867
202303 -15.120 146.865 -15.120

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


Value Industries  (NSE:VALUEIND) 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.


Be Aware

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


Value Industries E10 Related Terms

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


Value Industries (NSE:VALUEIND) Business Description

Traded in Other Exchanges
N/A
Address
171-C, Jamanalal Bajaj Marg,, Plot-224, C Wing, Floor-17, Mittal Court, Nariman Point, Mumbai, MH, IND, 400021
Value Industries Ltd is engaged in manufacturing, wholesale and trading of consumer electronics and home appliances. The company is engaged in the business of manufacturing and trading of consumer electronics goods including washing machines, air conditioners, refrigerators, and other home appliances.

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