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Jindalw (BOM:500378) E10 : ₹13.61 (As of Dec. 2024)


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What is Jindalw 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.

Jindalw's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹7.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹13.61 for the trailing ten years ended in Dec. 2024.

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 (2025-04-11), Jindalw's current stock price is ₹244.85. Jindalw's E10 for the quarter that ended in Dec. 2024 was ₹13.61. Jindalw's Shiller PE Ratio of today is 17.99.

During the past 13 years, the highest Shiller PE Ratio of Jindalw was 17.99. The lowest was 5.90. And the median was 6.94.


Jindalw E10 Historical Data

The historical data trend for Jindalw'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.

Jindalw E10 Chart

Jindalw 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 - - - - 11.87

Jindalw 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 11.08 11.87 12.66 12.93 13.61

Competitive Comparison of Jindalw's E10

For the Steel subindustry, Jindalw'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.


Jindalw's Shiller PE Ratio Distribution in the Steel Industry

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

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


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Jindalw 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, Jindalw'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)
=7.92/158.3229*158.3229
=7.920

Current CPI (Dec. 2024) = 158.3229.

Jindalw Quarterly Data

per share eps CPI Adj_EPS
200712 0.000 51.259 0.000
200812 0.000 56.232 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201206 0.635 79.567 1.264
201303 0.000 85.687 0.000
201306 0.275 88.365 0.493
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 1.450 111.317 2.062
201809 1.520 115.142 2.090
201812 2.170 115.142 2.984
201903 8.155 118.202 10.923
201906 2.055 120.880 2.692
201909 4.705 123.175 6.048
201912 1.400 126.235 1.756
202003 0.515 124.705 0.654
202006 -0.145 127.000 -0.181
202009 1.230 130.118 1.497
202012 1.035 130.889 1.252
202103 2.890 131.771 3.472
202106 2.390 134.084 2.822
202109 1.890 135.847 2.203
202112 0.200 138.161 0.229
202203 2.000 138.822 2.281
202206 0.075 142.347 0.083
202209 0.935 144.661 1.023
202212 3.375 145.763 3.666
202303 5.750 146.865 6.199
202306 4.165 150.280 4.388
202309 2.965 151.492 3.099
202312 8.390 152.924 8.686
202403 7.860 153.035 8.132
202406 6.900 155.789 7.012
202409 3.905 157.882 3.916
202412 7.920 158.323 7.920

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


Jindalw  (BOM:500378) 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.

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

Shiller PE Ratio=Share Price/E10
=244.85/13.61
=17.99

* 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 Jindalw was 17.99. The lowest was 5.90. And the median was 6.94.


Be Aware

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


Jindalw E10 Related Terms

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


Jindalw Business Description

Traded in Other Exchanges
Address
12 Bhikaiji Cama Place, Jindal Centre, New Delhi, IND, 110066
Jindal Saw Ltd is an Indian manufacturer and supplier of iron and steel pipes, fittings, and pellets. Its products can be used in oil and gas exploration, transportation, power generation, the supply of drinking water, drainage, and irrigation, as well as other industrial applications. It operates in two segments namely Iron and steel products and others. The company's operations are located in India, the United States, Italy, United Arab Emirates, and Algeria among others. Geographically, it generates the majority of its revenue from India.

Jindalw Headlines

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