GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Titan Co Ltd (BOM:500114) » Definitions » E10

Titan Co (BOM:500114) E10 : ₹29.23 (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Titan Co 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.

Titan Co's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹7.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹29.23 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Titan Co's average E10 Growth Rate was 10.50% 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 (2024-12-15), Titan Co's current stock price is ₹3509.05. Titan Co's E10 for the quarter that ended in Sep. 2024 was ₹29.23. Titan Co's Shiller PE Ratio of today is 120.05.

During the past 13 years, the highest Shiller PE Ratio of Titan Co was 138.85. The lowest was 99.54. And the median was 120.92.


Titan Co E10 Historical Data

The historical data trend for Titan Co'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.

Titan Co E10 Chart

Titan Co 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 - - - 24.20 27.97

Titan Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 26.48 27.55 27.97 28.78 29.23

Competitive Comparison of Titan Co's E10

For the Luxury Goods subindustry, Titan Co'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.


Titan Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Titan Co's Shiller PE Ratio distribution charts can be found below:

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



Titan Co 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, Titan Co's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=7.93/157.8822*157.8822
=7.930

Current CPI (Sep. 2024) = 157.8822.

Titan Co Quarterly Data

per share eps CPI Adj_EPS
201103 4.879 70.768 10.885
201203 6.770 76.889 13.901
201303 8.170 85.687 15.054
201403 8.280 91.425 14.299
201503 9.190 97.163 14.933
201603 7.598 102.518 11.701
201606 1.360 105.961 2.026
201609 1.870 105.961 2.786
201612 2.620 105.196 3.932
201703 2.010 105.196 3.017
201706 2.740 107.109 4.039
201709 3.200 109.021 4.634
201712 3.240 109.404 4.676
201803 3.430 109.786 4.933
201806 3.730 111.317 5.290
201809 3.450 115.142 4.731
201812 4.650 115.142 6.376
201903 3.990 118.202 5.329
201906 4.120 120.880 5.381
201909 3.540 123.175 4.537
201912 5.350 126.235 6.691
202003 3.900 124.705 4.938
202006 -3.000 127.000 -3.729
202009 1.970 130.118 2.390
202012 5.920 130.889 7.141
202103 6.350 131.771 7.608
202106 0.220 134.084 0.259
202109 7.200 135.847 8.368
202112 11.310 138.161 12.924
202203 5.740 138.822 6.528
202206 8.840 142.347 9.805
202209 9.360 144.661 10.215
202212 10.180 145.763 11.026
202303 8.230 146.865 8.847
202306 8.480 150.280 8.909
202309 10.310 151.492 10.745
202312 11.900 152.924 12.286
202403 8.690 153.035 8.965
202406 8.060 155.789 8.168
202409 7.930 157.882 7.930

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


Titan Co  (BOM:500114) 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.

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

Shiller PE Ratio=Share Price/E10
=3509.05/29.23
=120.05

* 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 Titan Co was 138.85. The lowest was 99.54. And the median was 120.92.


Be Aware

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


Titan Co E10 Related Terms

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


Titan Co Business Description

Traded in Other Exchanges
Address
Off Hosur Main Road, INTEGRITY No. 193, Electronics City P.O., Veerasandra, Bangalore, KA, IND, 560100
Titan Co Ltd is engaged in the manufacturing and sale of watches, jewellery, eyewear, and other accessories and products. Its operating segments are watches and wearables, jewellery, eyewear, and others. The firm generates a majority of its revenue from jewellery. The company sells its products under various brands such as Fastrack, Skinn, Sonata, Zoop, Nebula, Zoya, Skinn, Tanishq, and others.

Titan Co Headlines

No Headlines