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Triton Valves (BOM:505978) E10 : ₹54.95 (As of Mar. 2024)


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What is Triton Valves 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.

Triton Valves's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹8.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹54.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Triton Valves's average E10 Growth Rate was 0.10% per year. During the past 3 years, the average E10 Growth Rate was -6.00% 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 Triton Valves was -6.00% per year. The lowest was -6.00% per year. And the median was -6.00% per year.

As of today (2024-06-23), Triton Valves's current stock price is ₹3232.85. Triton Valves's E10 for the quarter that ended in Mar. 2024 was ₹54.95. Triton Valves's Shiller PE Ratio of today is 58.83.

During the past 13 years, the highest Shiller PE Ratio of Triton Valves was 58.23. The lowest was 10.58. And the median was 23.39.


Triton Valves E10 Historical Data

The historical data trend for Triton Valves'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.

Triton Valves E10 Chart

Triton Valves 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 - 66.08 63.53 54.89 54.95

Triton Valves 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 54.89 55.63 55.68 56.06 54.95

Competitive Comparison of Triton Valves's E10

For the Auto Parts subindustry, Triton Valves'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.


Triton Valves's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Triton Valves's Shiller PE Ratio distribution charts can be found below:

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



Triton Valves 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, Triton Valves'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)
=8.73/153.0345*153.0345
=8.730

Current CPI (Mar. 2024) = 153.0345.

Triton Valves Quarterly Data

per share eps CPI Adj_EPS
201406 15.600 94.103 25.370
201409 23.600 96.780 37.318
201412 14.630 96.780 23.134
201503 20.990 97.163 33.060
201506 14.760 99.841 22.624
201509 21.490 101.753 32.320
201512 16.280 102.901 24.212
201603 17.900 102.518 26.720
201606 17.750 105.961 25.635
201609 27.740 105.961 40.064
201612 14.960 105.196 21.763
201703 25.090 105.196 36.500
201706 13.140 107.109 18.774
201709 29.890 109.021 41.957
201712 10.590 109.404 14.813
201803 12.410 109.786 17.299
201806 5.830 111.317 8.015
201809 -5.080 115.142 -6.752
201812 9.780 115.142 12.999
201903 24.330 118.202 31.500
201906 12.590 120.880 15.939
201909 13.690 123.175 17.009
201912 16.730 126.235 20.282
202003 12.100 124.705 14.849
202006 -24.290 127.000 -29.269
202009 38.880 130.118 45.728
202012 25.150 130.889 29.405
202103 35.050 131.771 40.706
202106 -7.540 134.084 -8.606
202109 -31.610 135.847 -35.609
202112 5.460 138.161 6.048
202203 5.280 138.822 5.821
202206 6.710 142.347 7.214
202209 -20.650 144.661 -21.845
202212 -45.630 145.763 -47.906
202303 -23.710 146.865 -24.706
202306 5.600 150.280 5.703
202309 5.910 151.492 5.970
202312 6.670 152.924 6.675
202403 8.730 153.035 8.730

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


Triton Valves  (BOM:505978) 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.

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

Shiller PE Ratio=Share Price/E10
=3232.85/54.95
=58.83

* 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 Triton Valves was 58.23. The lowest was 10.58. And the median was 23.39.


Be Aware

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


Triton Valves E10 Related Terms

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


Triton Valves (BOM:505978) Business Description

Traded in Other Exchanges
N/A
Address
22, Ulsoor Road, Sunrise Chambers, Bengaluru, KA, IND, 560 042
Triton Valves Ltd is engaged in the business of manufacturing valves. It serves tyre and tube valves; automotive air conditioning; tyre pressure monitoring; industrial and home air conditioning; electric vehicles; aerospace and defence and mining and construction industries. The company's only operating segment is Automobile tyres and tube valves, cores and accessories. Geographically, it derives a majority of its revenue from India.

Triton Valves (BOM:505978) Headlines

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