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Surya Roshni (BOM:500336) E10 : ₹9.03 (As of Dec. 2024)


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What is Surya Roshni 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.

Surya Roshni's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹2.065. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.03 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Surya Roshni's average E10 Growth Rate was 14.00% per year. During the past 3 years, the average E10 Growth Rate was -22.70% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Surya Roshni was -22.70% per year. The lowest was -22.70% per year. And the median was -22.70% per year.

As of today (2025-04-09), Surya Roshni's current stock price is ₹246.65. Surya Roshni's E10 for the quarter that ended in Dec. 2024 was ₹9.03. Surya Roshni's Shiller PE Ratio of today is 27.31.

During the past 13 years, the highest Shiller PE Ratio of Surya Roshni was 50.82. The lowest was 4.95. And the median was 26.40.


Surya Roshni E10 Historical Data

The historical data trend for Surya Roshni'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.

Surya Roshni E10 Chart

Surya Roshni 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 - 17.97 13.86 7.20 8.30

Surya Roshni 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 7.92 8.30 8.77 8.93 9.03

Competitive Comparison of Surya Roshni's E10

For the Steel subindustry, Surya Roshni'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.


Surya Roshni's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Surya Roshni's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Surya Roshni's Shiller PE Ratio falls into.


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Surya Roshni 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, Surya Roshni'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)
=2.065/158.3229*158.3229
=2.065

Current CPI (Dec. 2024) = 158.3229.

Surya Roshni Quarterly Data

per share eps CPI Adj_EPS
201503 0.938 97.163 1.528
201506 0.680 99.841 1.078
201509 0.738 101.753 1.148
201512 0.960 102.901 1.477
201603 1.460 102.518 2.255
201606 0.735 105.961 1.098
201609 0.748 105.961 1.118
201612 1.008 105.196 1.517
201703 1.320 105.196 1.987
201706 0.755 107.109 1.116
201709 1.083 109.021 1.573
201712 1.425 109.404 2.062
201803 1.703 109.786 2.456
201806 0.943 111.317 1.341
201809 1.155 115.142 1.588
201812 1.430 115.142 1.966
201903 2.023 118.202 2.710
201906 0.883 120.880 1.157
201909 1.033 123.175 1.328
201912 1.428 126.235 1.791
202003 1.370 124.705 1.739
202006 0.103 127.000 0.128
202009 1.925 130.118 2.342
202012 2.558 130.889 3.094
202103 2.690 131.771 3.232
202106 1.740 134.084 2.055
202109 2.038 135.847 2.375
202112 1.860 138.161 2.131
202203 3.803 138.822 4.337
202206 1.023 142.347 1.138
202209 1.563 144.661 1.711
202212 4.120 145.763 4.475
202303 7.145 146.865 7.702
202306 2.715 150.280 2.860
202309 3.495 151.492 3.653
202312 2.070 152.924 2.143
202403 4.790 153.035 4.956
202406 4.250 155.789 4.319
202409 1.570 157.882 1.574
202412 2.065 158.323 2.065

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


Surya Roshni  (BOM:500336) 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.

Surya Roshni's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=246.65/9.03
=27.31

* 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 Surya Roshni was 50.82. The lowest was 4.95. And the median was 26.40.


Be Aware

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


Surya Roshni E10 Related Terms

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


Surya Roshni Business Description

Traded in Other Exchanges
Address
5, Rajendra Place, 2nd Floor, Padma Tower - 1, New Delhi, IND, 110008
Surya Roshni Ltd is an Indian-based company involved in the manufacturing and marketing of lighting and steel tube products. The business activity of the firm has functioned through Steel pipes and Strips and Lighting and consumer durables segments. The Steel Pipe and Strips segment manufacturing and sale of steel pipes, cold rolled strips, and steel structures. The Lighting and consumer durables segment is engaged in the manufacturing and sale of different varieties of Lamps, fittings, Fans, Appliances and allied items. Geographically all the business operations are operated from India, however, the business presence and the products are sold within the Indian and international markets.

Surya Roshni Headlines

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