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High Energy Batteries (India) (BOM:504176) E10 : ₹8.50 (As of Mar. 2024)


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What is High Energy Batteries (India) 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.

High Energy Batteries (India)'s adjusted earnings per share data for the three months ended in Mar. 2024 was ₹5.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, High Energy Batteries (India)'s average E10 Growth Rate was 64.40% 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.

As of today (2024-09-22), High Energy Batteries (India)'s current stock price is ₹667.85. High Energy Batteries (India)'s E10 for the quarter that ended in Mar. 2024 was ₹8.50. High Energy Batteries (India)'s Shiller PE Ratio of today is 78.57.

During the past 13 years, the highest Shiller PE Ratio of High Energy Batteries (India) was 869.50. The lowest was 62.23. And the median was 92.75.


High Energy Batteries (India) E10 Historical Data

The historical data trend for High Energy Batteries (India)'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.

High Energy Batteries (India) E10 Chart

High Energy Batteries (India) 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 - -1.75 2.78 5.17 8.50

High Energy Batteries (India) 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 5.17 6.48 7.43 8.27 8.50

Competitive Comparison of High Energy Batteries (India)'s E10

For the Aerospace & Defense subindustry, High Energy Batteries (India)'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.


High Energy Batteries (India)'s Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, High Energy Batteries (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where High Energy Batteries (India)'s Shiller PE Ratio falls into.



High Energy Batteries (India) 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, High Energy Batteries (India)'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)
=5.24/153.0345*153.0345
=5.240

Current CPI (Mar. 2024) = 153.0345.

High Energy Batteries (India) Quarterly Data

per share eps CPI Adj_EPS
201406 -1.092 94.103 -1.776
201409 -1.328 96.780 -2.100
201412 -2.476 96.780 -3.915
201503 1.760 97.163 2.772
201506 -5.378 99.841 -8.243
201509 -3.906 101.753 -5.875
201512 -2.374 102.901 -3.531
201603 3.984 102.518 5.947
201606 -2.334 105.961 -3.371
201609 -0.310 105.961 -0.448
201612 0.824 105.196 1.199
201703 0.876 105.196 1.274
201706 0.964 107.109 1.377
201709 -0.318 109.021 -0.446
201712 1.752 109.404 2.451
201803 1.268 109.786 1.768
201806 -1.232 111.317 -1.694
201809 -0.664 115.142 -0.883
201812 1.188 115.142 1.579
201903 1.194 118.202 1.546
201906 1.558 120.880 1.972
201909 2.252 123.175 2.798
201912 2.670 126.235 3.237
202003 -0.230 124.705 -0.282
202006 -1.770 127.000 -2.133
202009 11.820 130.118 13.902
202012 4.660 130.889 5.448
202103 5.738 131.771 6.664
202106 1.304 134.084 1.488
202109 9.830 135.847 11.074
202112 3.590 138.161 3.976
202203 5.300 138.822 5.843
202206 2.750 142.347 2.956
202209 4.290 144.661 4.538
202212 8.050 145.763 8.452
202303 7.770 146.865 8.096
202306 6.640 150.280 6.762
202309 3.640 151.492 3.677
202312 3.620 152.924 3.623
202403 5.240 153.035 5.240

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


High Energy Batteries (India)  (BOM:504176) 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.

High Energy Batteries (India)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=667.85/8.5
=78.57

* 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 High Energy Batteries (India) was 869.50. The lowest was 62.23. And the median was 92.75.


Be Aware

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


High Energy Batteries (India) E10 Related Terms

Thank you for viewing the detailed overview of High Energy Batteries (India)'s E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


High Energy Batteries (India) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Old Mahabalipuram Road, Esvin House, Seevaram Village, Perungudi, Chennai, TN, IND, 600 096
High Energy Batteries (India) Ltd is engaged in the manufacturing of high technology batteries for use in the army, navy, airforce, and launch vehicles and also commercial batteries for auto and standby valve-regulated Lead-acid battery applications. It is organized into two major business segments - Aerospace, Naval, and Power System Batteries segment and Lead Acid Batteries segment. The company also exports its products to various countries. The aerospace, Naval, and Power System Batteries segment generates maximum revenue for the company.

High Energy Batteries (India) Headlines

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