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Esab India (BOM:500133) E10 : ₹60.65 (As of Dec. 2024)


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What is Esab India 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.

Esab India's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹26.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹60.65 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Esab India's average E10 Growth Rate was 19.20% per year. During the past 3 years, the average E10 Growth Rate was -2.50% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Esab India was -2.50% per year. The lowest was -2.50% per year. And the median was -2.50% per year.

As of today (2025-04-01), Esab India's current stock price is ₹4547.45. Esab India's E10 for the quarter that ended in Dec. 2024 was ₹60.65. Esab India's Shiller PE Ratio of today is 74.98.

During the past 13 years, the highest Shiller PE Ratio of Esab India was 130.66. The lowest was 19.74. And the median was 85.54.


Esab India E10 Historical Data

The historical data trend for Esab India'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.

Esab India E10 Chart

Esab India 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 - 57.17 37.82 44.56 52.91

Esab India Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 50.90 52.91 55.97 58.58 60.65

Competitive Comparison of Esab India's E10

For the Tools & Accessories subindustry, Esab India'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.


Esab India's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Esab India's Shiller PE Ratio distribution charts can be found below:

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


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Esab India 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, Esab India's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=26.24/158.3229*158.3229
=26.240

Current CPI (Dec. 2024) = 158.3229.

Esab India Quarterly Data

per share eps CPI Adj_EPS
201409 3.240 96.780 5.300
201506 5.080 99.841 8.056
201509 4.020 101.753 6.255
201512 3.220 102.901 4.954
201603 6.090 102.518 9.405
201606 6.000 105.961 8.965
201609 7.100 105.961 10.609
201612 3.640 105.196 5.478
201703 0.710 105.196 1.069
201706 5.890 107.109 8.706
201709 6.040 109.021 8.771
201712 6.240 109.404 9.030
201803 5.970 109.786 8.609
201806 10.000 111.317 14.223
201809 9.280 115.142 12.760
201812 7.500 115.142 10.313
201903 10.630 118.202 14.238
201906 10.870 120.880 14.237
201909 12.250 123.175 15.746
201912 11.540 126.235 14.473
202003 11.750 124.705 14.918
202006 4.660 127.000 5.809
202009 11.490 130.118 13.981
202012 9.560 130.889 11.564
202103 12.810 131.771 15.391
202106 13.220 134.084 15.610
202109 15.370 135.847 17.913
202112 12.320 138.161 14.118
202203 13.870 138.822 15.818
202206 16.630 142.347 18.496
202209 20.730 144.661 22.688
202212 23.600 145.763 25.634
202303 27.200 146.865 29.322
202306 27.540 150.280 29.014
202309 24.960 151.492 26.085
202312 24.660 152.924 25.531
202403 28.750 153.035 29.744
202406 28.880 155.789 29.350
202409 28.040 157.882 28.118
202412 26.240 158.323 26.240

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


Esab India  (BOM:500133) 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.

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

Shiller PE Ratio=Share Price/E10
=4547.45/60.65
=74.98

* 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 13 years, the highest Shiller P/E Ratio of Esab India was 130.66. The lowest was 19.74. And the median was 85.54.


Be Aware

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


Esab India E10 Related Terms

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


Esab India Business Description

Traded in Other Exchanges
Address
3rd Main Road, Plot No.13, Industrial Estate, Ambattur, Chennai, TN, IND, 600058
Esab India Ltd is engaged in the production of welding and cutting equipment and consumables. The company focuses on areas such as Manual welding and cutting equipment, Welding Consumables, Welding automation, Mechanized cutting systems, and others. It operates in the segment of fabrication technology. This includes manufacturing and selling of welding, cutting and allied products and also provides engineering, support, and consulting services. The company's brands include ESAB, Exaton, Gasarc, Victor, and Tweco among others. Geographically, the company derives its key revenue from the domestic market and the rest from overseas markets.

Esab India Headlines

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