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Investment & Precision Castings (BOM:504786) E10 : ₹11.85 (As of Dec. 2024)


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What is Investment & Precision Castings 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.

Investment & Precision Castings's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹11.85 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 (2025-03-13), Investment & Precision Castings's current stock price is ₹594.80. Investment & Precision Castings's E10 for the quarter that ended in Dec. 2024 was ₹11.85. Investment & Precision Castings's Shiller PE Ratio of today is 50.19.

During the past 13 years, the highest Shiller PE Ratio of Investment & Precision Castings was 80.42. The lowest was 30.62. And the median was 55.40.


Investment & Precision Castings E10 Historical Data

The historical data trend for Investment & Precision Castings'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.

Investment & Precision Castings E10 Chart

Investment & Precision Castings 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 - - - - 18.73

Investment & Precision Castings 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 - 18.73 15.98 14.45 11.85

Competitive Comparison of Investment & Precision Castings's E10

For the Steel subindustry, Investment & Precision Castings'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.


Investment & Precision Castings's Shiller PE Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Investment & Precision Castings's Shiller PE Ratio falls into.



Investment & Precision Castings 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, Investment & Precision Castings'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)
=0.74/159.2043*159.2043
=0.740

Current CPI (Dec. 2024) = 159.2043.

Investment & Precision Castings Quarterly Data

per share eps CPI Adj_EPS
201103 6.430 70.768 14.465
201109 0.880 75.359 1.859
201112 2.170 75.359 4.584
201203 1.540 76.889 3.189
201206 0.090 79.567 0.180
201209 -1.680 82.244 -3.252
201212 -0.160 83.774 -0.304
201303 2.546 85.687 4.730
201306 0.410 88.365 0.739
201309 0.480 91.042 0.839
201312 0.790 91.425 1.376
201403 1.530 91.425 2.664
201503 4.310 97.163 7.062
201603 5.650 102.518 8.774
201703 8.340 105.196 12.622
201803 15.870 109.786 23.014
201903 0.000 118.202 0.000
201906 -1.680 120.880 -2.213
201909 0.130 123.175 0.168
201912 -0.410 126.235 -0.517
202003 0.510 124.705 0.651
202006 -7.710 127.000 -9.665
202009 -1.530 130.118 -1.872
202012 4.280 130.889 5.206
202103 5.800 131.771 7.008
202106 3.580 134.084 4.251
202109 -1.120 135.847 -1.313
202112 -0.470 138.161 -0.542
202203 -1.650 138.822 -1.892
202206 0.580 142.347 0.649
202209 0.880 144.661 0.968
202212 3.870 145.763 4.227
202303 5.780 146.865 6.266
202306 6.520 150.280 6.907
202309 5.050 151.492 5.307
202312 2.620 152.924 2.728
202403 -3.080 153.035 -3.204
202406 4.510 155.789 4.609
202409 4.510 157.882 4.548
202412 0.740 159.204 0.740

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


Investment & Precision Castings  (BOM:504786) 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.

Investment & Precision Castings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=594.80/11.85
=50.19

* 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 Investment & Precision Castings was 80.42. The lowest was 30.62. And the median was 55.40.


Be Aware

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


Investment & Precision Castings E10 Related Terms

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


Investment & Precision Castings Business Description

Traded in Other Exchanges
N/A
Address
Nari Road, Bhavnagar, GJ, IND, 364006
Investment & Precision Castings Ltd is engaged in the steel casting business. The company's products portfolio includes two-three-four-wheeler, bus tractor parts; aircraft parts; turbochargers for diesel engines; power plants, pumps and valves, medical implants; electrical and instrumentation; general engineering; electronics; electronics; compressors; artisan castings; and machined components from bar stock. The company also provides its products and services to ancillaries and the wind power generation industry. It operates in two segments Investment Castings and Wind Mill. The majority of the company's revenue comes from the Investment Castings segment.

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