GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Triveni Glass Ltd (BOM:502281) » Definitions » E10

Triveni Glass (BOM:502281) E10 : ₹8.48 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Triveni Glass 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.

Triveni Glass's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.996. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Triveni Glass's average E10 Growth Rate was -2.60% per year. During the past 3 years, the average E10 Growth Rate was 0.40% 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 Triveni Glass was 0.40% per year. The lowest was 0.40% per year. And the median was 0.40% per year.

As of today (2024-06-16), Triveni Glass's current stock price is ₹22.92. Triveni Glass's E10 for the quarter that ended in Mar. 2024 was ₹8.48. Triveni Glass's Shiller PE Ratio of today is 2.70.

During the past 13 years, the highest Shiller PE Ratio of Triveni Glass was 4.42. The lowest was 0.74. And the median was 2.32.


Triveni Glass E10 Historical Data

The historical data trend for Triveni Glass'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.

Triveni Glass E10 Chart

Triveni Glass 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 - 8.39 7.68 8.71 8.48

Triveni Glass 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 8.71 8.57 8.57 8.34 8.48

Competitive Comparison of Triveni Glass's E10

For the Building Products & Equipment subindustry, Triveni Glass'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.


Triveni Glass's Shiller PE Ratio Distribution in the Construction Industry

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

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



Triveni Glass 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, Triveni Glass'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)
=0.996/153.0345*153.0345
=0.996

Current CPI (Mar. 2024) = 153.0345.

Triveni Glass Quarterly Data

per share eps CPI Adj_EPS
201406 1.090 94.103 1.773
201409 48.240 96.780 76.280
201412 -1.190 96.780 -1.882
201503 -3.140 97.163 -4.946
201506 0.890 99.841 1.364
201509 0.820 101.753 1.233
201512 1.820 102.901 2.707
201603 0.310 102.518 0.463
201606 1.980 105.961 2.860
201609 1.800 105.961 2.600
201612 1.900 105.196 2.764
201703 1.460 105.196 2.124
201706 0.760 107.109 1.086
201709 1.180 109.021 1.656
201712 0.170 109.404 0.238
201803 1.960 109.786 2.732
201806 1.030 111.317 1.416
201809 1.100 115.142 1.462
201812 0.830 115.142 1.103
201903 -1.130 118.202 -1.463
201906 0.620 120.880 0.785
201909 -1.340 123.175 -1.665
201912 5.340 126.235 6.474
202003 7.730 124.705 9.486
202006 -0.050 127.000 -0.060
202009 0.060 130.118 0.071
202012 0.140 130.889 0.164
202103 -0.100 131.771 -0.116
202106 -0.120 134.084 -0.137
202109 -0.130 135.847 -0.146
202112 -0.760 138.161 -0.842
202203 -30.963 138.822 -34.133
202206 -0.089 142.347 -0.096
202209 6.050 144.661 6.400
202212 0.900 145.763 0.945
202303 -0.190 146.865 -0.198
202306 0.012 150.280 0.012
202309 1.150 151.492 1.162
202312 0.130 152.924 0.130
202403 0.996 153.035 0.996

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


Triveni Glass  (BOM:502281) 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.

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

Shiller PE Ratio=Share Price/E10
=22.92/8.48
=2.70

* 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 Triveni Glass was 4.42. The lowest was 0.74. And the median was 2.32.


Be Aware

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


Triveni Glass E10 Related Terms

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


Triveni Glass (BOM:502281) Business Description

Traded in Other Exchanges
N/A
Address
1 Kanpur Road, Prayagraj, UP, IND, 211001
Triveni Glass Ltd is engaged in the manufacturing of glass. The firm manufactures and markets glass products. Its products include float, figured & wired, and sheet glass. The firm's glass products offer decorative benefits to architects, builders, and interior designers for a range of exciting applications in homes, restaurants, office interiors, and hotels.

Triveni Glass (BOM:502281) Headlines

No Headlines