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Kirloskar Industries (BOM:500243) E10 : ₹181.53 (As of Dec. 2024)


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What is Kirloskar 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.

Kirloskar Industries's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹22.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹181.53 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Kirloskar Industries's average E10 Growth Rate was -3.70% 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 (2025-04-04), Kirloskar Industries's current stock price is ₹3498.75. Kirloskar Industries's E10 for the quarter that ended in Dec. 2024 was ₹181.53. Kirloskar Industries's Shiller PE Ratio of today is 19.27.

During the past 13 years, the highest Shiller PE Ratio of Kirloskar Industries was 34.23. The lowest was 13.97. And the median was 21.38.


Kirloskar Industries E10 Historical Data

The historical data trend for Kirloskar 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.

Kirloskar Industries E10 Chart

Kirloskar Industries 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 - - - 174.15 185.17

Kirloskar Industries 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 188.51 185.17 178.66 179.84 181.53

Competitive Comparison of Kirloskar Industries's E10

For the Metal Fabrication subindustry, Kirloskar 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.


Kirloskar Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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


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Kirloskar 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, Kirloskar Industries'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)
=22.44/158.3229*158.3229
=22.440

Current CPI (Dec. 2024) = 158.3229.

Kirloskar Industries Quarterly Data

per share eps CPI Adj_EPS
201203 14.390 76.889 29.631
201206 5.300 79.567 10.546
201209 21.850 82.244 42.062
201212 5.490 83.774 10.375
201303 4.550 85.687 8.407
201306 5.650 88.365 10.123
201309 33.980 91.042 59.091
201312 5.280 91.425 9.144
201403 15.160 91.425 26.253
201503 63.490 97.163 103.454
201603 74.450 102.518 114.976
201703 77.660 105.196 116.880
201803 51.030 109.786 73.590
201806 9.110 111.317 12.957
201809 38.030 115.142 52.292
201812 20.080 115.142 27.610
201903 19.150 118.202 25.650
201906 12.650 120.880 16.568
201909 30.450 123.175 39.139
201912 15.600 126.235 19.565
202003 39.980 124.705 50.758
202006 -7.650 127.000 -9.537
202009 43.880 130.118 53.392
202012 60.900 130.889 73.664
202103 66.770 131.771 80.224
202106 72.220 134.084 85.275
202109 75.970 135.847 88.539
202112 44.280 138.161 50.742
202203 -0.110 138.822 -0.125
202206 48.380 142.347 53.810
202209 68.630 144.661 75.111
202212 61.750 145.763 67.071
202303 37.550 146.865 40.480
202306 39.560 150.280 41.677
202309 44.830 151.492 46.851
202312 49.090 152.924 50.823
202403 59.020 153.035 61.060
202406 26.990 155.789 27.429
202409 47.170 157.882 47.302
202412 22.440 158.323 22.440

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


Kirloskar Industries  (BOM:500243) 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.

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

Shiller PE Ratio=Share Price/E10
=3498.75/181.53
=19.27

* 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 Kirloskar Industries was 34.23. The lowest was 13.97. And the median was 21.38.


Be Aware

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


Kirloskar Industries E10 Related Terms

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


Kirloskar Industries Business Description

Traded in Other Exchanges
Address
Cello Platina, Fergusson College Road, Office No. 801, 8th Floor, Shivajinagar, Pune, MH, IND, 411005
Kirloskar Industries Ltd is engaged in the manufacturing of iron castings, and manufacturing of seamless tubes, cylinder tubes, components, and Engineering steels. The company is also involved in wind power generation and Investments in Securities and Properties. Its segments include Investments, Real Estate, Iron casting, Tube, and Steel. It generates maximum revenue from iron castings. Geographically, it operates and derives revenue from India.

Kirloskar Industries Headlines

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