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Century Enka (BOM:500280) E10 : ₹45.48 (As of Mar. 2024)


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What is Century Enka 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.

Century Enka's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹9.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹45.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Century Enka's average E10 Growth Rate was -2.00% per year. During the past 3 years, the average E10 Growth Rate was -3.00% 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 Century Enka was -1.30% per year. The lowest was -3.00% per year. And the median was -2.15% per year.

As of today (2024-06-25), Century Enka's current stock price is ₹611.05. Century Enka's E10 for the quarter that ended in Mar. 2024 was ₹45.48. Century Enka's Shiller PE Ratio of today is 13.44.

During the past 13 years, the highest Shiller PE Ratio of Century Enka was 15.32. The lowest was 2.46. And the median was 9.11.


Century Enka E10 Historical Data

The historical data trend for Century Enka'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.

Century Enka E10 Chart

Century Enka 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 48.28 49.86 42.28 46.43 45.48

Century Enka Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 46.43 46.94 45.88 45.40 45.48

Competitive Comparison of Century Enka's E10

For the Textile Manufacturing subindustry, Century Enka'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.


Century Enka's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Century Enka's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Century Enka's Shiller PE Ratio falls into.



Century Enka 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, Century Enka's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.27/153.0345*153.0345
=9.270

Current CPI (Mar. 2024) = 153.0345.

Century Enka Quarterly Data

per share eps CPI Adj_EPS
201406 3.960 94.103 6.440
201409 5.740 96.780 9.076
201412 6.390 96.780 10.104
201503 0.650 97.163 1.024
201506 5.950 99.841 9.120
201509 5.230 101.753 7.866
201512 5.820 102.901 8.656
201603 9.040 102.518 13.494
201606 10.300 105.961 14.876
201609 8.700 105.961 12.565
201612 11.970 105.196 17.413
201703 10.660 105.196 15.508
201706 2.790 107.109 3.986
201709 8.300 109.021 11.651
201712 13.120 109.404 18.352
201803 7.870 109.786 10.970
201806 10.270 111.317 14.119
201809 10.630 115.142 14.128
201812 9.310 115.142 12.374
201903 4.830 118.202 6.253
201906 8.460 120.880 10.710
201909 21.050 123.175 26.153
201912 4.200 126.235 5.092
202003 10.010 124.705 12.284
202006 -11.400 127.000 -13.737
202009 6.770 130.118 7.962
202012 14.860 130.889 17.374
202103 22.230 131.771 25.817
202106 19.470 134.084 22.222
202109 18.940 135.847 21.336
202112 11.700 138.161 12.960
202203 22.720 138.822 25.046
202206 18.440 142.347 19.824
202209 11.700 144.661 12.377
202212 4.560 145.763 4.787
202303 6.640 146.865 6.919
202306 6.190 150.280 6.303
202309 1.960 151.492 1.980
202312 2.140 152.924 2.142
202403 9.270 153.035 9.270

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


Century Enka  (BOM:500280) 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.

Century Enka's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=611.05/45.48
=13.44

* 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 Century Enka was 15.32. The lowest was 2.46. And the median was 9.11.


Be Aware

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


Century Enka E10 Related Terms

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


Century Enka (BOM:500280) Business Description

Traded in Other Exchanges
Address
Plot Number 72 and 72-A, MIDC, Bhosari, Pune, MH, IND, 411026
Century Enka Ltd is engaged in the business of synthetic yarn and related products in India. Its products include polyester filament yarns, fabrics, nylon filament yarns, polyester chips, and nylon chips. Its nylon tyre cord fabrics are used as reinforcement material in bias tyres and nylon textile yarns are used in the apparel industry. Geographically the firm caters its services only in India. The company derives its revenue from the manufacturing and selling of synthetic yarn and related goods.

Century Enka (BOM:500280) Headlines

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