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Permanent Magnets (BOM:504132) E10 : ₹15.04 (As of Jun. 2024)


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What is Permanent Magnets 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.

Permanent Magnets's adjusted earnings per share data for the three months ended in Jun. 2024 was ₹5.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹15.04 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Permanent Magnets's average E10 Growth Rate was 22.10% per year. During the past 3 years, the average E10 Growth Rate was 33.30% 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 Permanent Magnets was 33.30% per year. The lowest was 33.30% per year. And the median was 33.30% per year.

As of today (2024-09-27), Permanent Magnets's current stock price is ₹1010.90. Permanent Magnets's E10 for the quarter that ended in Jun. 2024 was ₹15.04. Permanent Magnets's Shiller PE Ratio of today is 67.21.

During the past 13 years, the highest Shiller PE Ratio of Permanent Magnets was 130.86. The lowest was 21.69. And the median was 56.50.


Permanent Magnets E10 Historical Data

The historical data trend for Permanent Magnets'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.

Permanent Magnets E10 Chart

Permanent Magnets 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 - 5.95 8.73 - 14.08

Permanent Magnets Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 12.32 13.27 13.84 14.08 15.04

Competitive Comparison of Permanent Magnets's E10

For the Electrical Equipment & Parts subindustry, Permanent Magnets'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.


Permanent Magnets's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Permanent Magnets 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, Permanent Magnets's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=5.86/155.7889*155.7889
=5.860

Current CPI (Jun. 2024) = 155.7889.

Permanent Magnets Quarterly Data

per share eps CPI Adj_EPS
201409 0.480 96.780 0.773
201412 0.220 96.780 0.354
201503 0.084 97.163 0.135
201506 0.150 99.841 0.234
201509 0.350 101.753 0.536
201512 0.300 102.901 0.454
201603 0.290 102.518 0.441
201606 -0.230 105.961 -0.338
201609 0.420 105.961 0.618
201612 0.560 105.196 0.829
201703 0.627 105.196 0.929
201706 0.210 107.109 0.305
201709 0.570 109.021 0.815
201712 2.070 109.404 2.948
201803 3.419 109.786 4.852
201806 2.300 111.317 3.219
201809 4.020 115.142 5.439
201812 4.690 115.142 6.346
201903 6.210 118.202 8.185
201906 3.290 120.880 4.240
201909 4.320 123.175 5.464
201912 4.460 126.235 5.504
202003 4.584 124.705 5.727
202006 1.840 127.000 2.257
202009 4.160 130.118 4.981
202012 5.300 130.889 6.308
202103 7.468 131.771 8.829
202106 5.550 134.084 6.448
202109 5.380 135.847 6.170
202112 4.190 138.161 4.725
202203 7.040 138.822 7.900
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202306 7.890 150.280 8.179
202309 8.230 151.492 8.463
202312 4.470 152.924 4.554
202403 2.660 153.035 2.708
202406 5.860 155.789 5.860

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


Permanent Magnets  (BOM:504132) 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.

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

Shiller PE Ratio=Share Price/E10
=1010.90/15.04
=67.21

* 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 Permanent Magnets was 130.86. The lowest was 21.69. And the median was 56.50.


Be Aware

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


Permanent Magnets E10 Related Terms

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


Permanent Magnets Business Description

Traded in Other Exchanges
N/A
Address
Plot No. B-3, MIDC Industrial Area, Village Mira, Mira Road (East), Thane, MH, IND, 401107
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast magnets and parts and accessories for electricity meters and its application. The magnets are used in electronics, electricity meters, automobile industries, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. Its product portfolio includes magnetic assemblies, shunts, brass terminals, magnetic separators, electromagnets, alnico magnets, and others. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. The company operates in one single segment which is Engineering and Current Sensing application.

Permanent Magnets Headlines

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