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Kajaria Ceramics (BOM:500233) E10 : ₹23.12 (As of Dec. 2024)


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What is Kajaria Ceramics 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.

Kajaria Ceramics's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹4.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹23.12 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Kajaria Ceramics's average E10 Growth Rate was 5.60% per year. During the past 3 years, the average E10 Growth Rate was 58.20% 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 Kajaria Ceramics was 58.20% per year. The lowest was 58.20% per year. And the median was 58.20% per year.

As of today (2025-04-05), Kajaria Ceramics's current stock price is ₹804.35. Kajaria Ceramics's E10 for the quarter that ended in Dec. 2024 was ₹23.12. Kajaria Ceramics's Shiller PE Ratio of today is 34.79.

During the past 13 years, the highest Shiller PE Ratio of Kajaria Ceramics was 183.10. The lowest was 36.85. And the median was 61.78.


Kajaria Ceramics E10 Historical Data

The historical data trend for Kajaria Ceramics'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.

Kajaria Ceramics E10 Chart

Kajaria Ceramics 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 - 5.58 18.01 19.99 22.09

Kajaria Ceramics 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 21.90 22.09 22.63 23.04 23.12

Competitive Comparison of Kajaria Ceramics's E10

For the Building Products & Equipment subindustry, Kajaria Ceramics'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.


Kajaria Ceramics's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kajaria Ceramics's Shiller PE Ratio distribution charts can be found below:

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


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Kajaria Ceramics 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, Kajaria Ceramics'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)
=4.88/158.3229*158.3229
=4.880

Current CPI (Dec. 2024) = 158.3229.

Kajaria Ceramics Quarterly Data

per share eps CPI Adj_EPS
201503 3.270 97.163 5.328
201506 2.930 99.841 4.646
201509 3.715 101.753 5.780
201512 3.600 102.901 5.539
201603 4.342 102.518 6.706
201606 3.970 105.961 5.932
201609 3.990 105.961 5.962
201612 3.460 105.196 5.207
201703 4.440 105.196 6.682
201706 3.200 107.109 4.730
201709 4.000 109.021 5.809
201712 3.410 109.404 4.935
201803 4.140 109.786 5.970
201806 2.860 111.317 4.068
201809 3.160 115.142 4.345
201812 4.070 115.142 5.596
201903 4.150 118.202 5.559
201906 3.210 120.880 4.204
201909 5.860 123.175 7.532
201912 3.870 126.235 4.854
202003 3.120 124.705 3.961
202006 -1.700 127.000 -2.119
202009 5.600 130.118 6.814
202012 7.480 130.889 9.048
202103 7.990 131.771 9.600
202106 2.710 134.084 3.200
202109 7.300 135.847 8.508
202112 7.670 138.161 8.789
202203 6.000 138.822 6.843
202206 5.800 142.347 6.451
202209 4.390 144.661 4.805
202212 4.670 145.763 5.072
202303 6.770 146.865 7.298
202306 6.750 150.280 7.111
202309 6.780 151.492 7.086
202312 6.530 152.924 6.761
202403 6.440 153.035 6.663
202406 5.640 155.789 5.732
202409 5.280 157.882 5.295
202412 4.880 158.323 4.880

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


Kajaria Ceramics  (BOM:500233) 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.

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

Shiller PE Ratio=Share Price/E10
=804.35/23.12
=34.79

* 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 Kajaria Ceramics was 183.10. The lowest was 36.85. And the median was 61.78.


Be Aware

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


Kajaria Ceramics E10 Related Terms

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


Kajaria Ceramics Business Description

Traded in Other Exchanges
Address
Mathura Road, J-1/B-1 (Extn), Mohan Co-operative Industrial Estate, Opposite Badarpur Thermal Power Station, New Delhi, IND, 110044
Kajaria Ceramics Ltd is a manufacturer of indoor floor and wand tiles. The product range includes ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary ware and faucets, and tile adhesives and grout. Kajaria Ceramics' tiles and tile-related products are marketed through a distribution network of dealers and sub-dealers. The company has two operating segments: Tiles and other products including bathware, sanitaryware, and plywood. The company operates mainly in India, with production and the majority of sales focused there.

Kajaria Ceramics Headlines

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