GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Styrenix Performance Materials Ltd (BOM:506222) » Definitions » E10

Styrenix Performance Materials (BOM:506222) E10 : ₹85.54 (As of Sep. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Styrenix Performance Materials 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.

Styrenix Performance Materials's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹39.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹85.54 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Styrenix Performance Materials's average E10 Growth Rate was 15.50% per year. During the past 3 years, the average E10 Growth Rate was 10.60% 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 Styrenix Performance Materials was 10.60% per year. The lowest was 10.60% per year. And the median was 10.60% per year.

As of today (2024-12-13), Styrenix Performance Materials's current stock price is ₹2980.95. Styrenix Performance Materials's E10 for the quarter that ended in Sep. 2024 was ₹85.54. Styrenix Performance Materials's Shiller PE Ratio of today is 34.85.

During the past 13 years, the highest Shiller PE Ratio of Styrenix Performance Materials was 34.43. The lowest was 9.74. And the median was 17.96.


Styrenix Performance Materials E10 Historical Data

The historical data trend for Styrenix Performance Materials'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.

Styrenix Performance Materials E10 Chart

Styrenix Performance Materials 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 - 57.25 61.77 69.83 77.54

Styrenix Performance Materials Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 74.06 75.92 77.54 81.05 85.54

Competitive Comparison of Styrenix Performance Materials's E10

For the Chemicals subindustry, Styrenix Performance Materials'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.


Styrenix Performance Materials's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Styrenix Performance Materials's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Styrenix Performance Materials's Shiller PE Ratio falls into.



Styrenix Performance Materials 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, Styrenix Performance Materials's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=39.86/157.8822*157.8822
=39.860

Current CPI (Sep. 2024) = 157.8822.

Styrenix Performance Materials Quarterly Data

per share eps CPI Adj_EPS
201406 2.970 94.103 4.983
201409 4.670 96.780 7.618
201503 8.860 97.163 14.397
201506 10.280 99.841 16.256
201509 8.450 101.753 13.111
201512 -2.660 102.901 -4.081
201603 15.100 102.518 23.255
201609 10.920 105.961 16.271
201612 3.080 105.196 4.623
201703 16.880 105.196 25.334
201706 1.560 107.109 2.299
201709 9.650 109.021 13.975
201712 8.140 109.404 11.747
201803 18.310 109.786 26.331
201806 9.600 111.317 13.616
201809 3.990 115.142 5.471
201812 -12.950 115.142 -17.757
201903 -7.730 118.202 -10.325
201906 5.280 120.880 6.896
201909 5.620 123.175 7.204
201912 -18.850 126.235 -23.576
202003 2.540 124.705 3.216
202006 -11.390 127.000 -14.160
202009 20.380 130.118 24.729
202012 58.570 130.889 70.649
202103 91.780 131.771 109.967
202106 48.920 134.084 57.603
202109 51.190 135.847 59.493
202112 26.970 138.161 30.820
202203 56.330 138.822 64.064
202206 49.350 142.347 54.736
202209 13.420 144.661 14.647
202212 17.180 145.763 18.608
202303 24.120 146.865 25.929
202306 18.450 150.280 19.383
202309 32.080 151.492 33.433
202312 19.870 152.924 20.514
202403 28.070 153.035 28.959
202406 34.800 155.789 35.268
202409 39.860 157.882 39.860

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


Styrenix Performance Materials  (BOM:506222) 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.

Styrenix Performance Materials's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2980.95/85.54
=34.85

* 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 Styrenix Performance Materials was 34.43. The lowest was 9.74. And the median was 17.96.


Be Aware

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


Styrenix Performance Materials E10 Related Terms

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


Styrenix Performance Materials Business Description

Traded in Other Exchanges
Address
Dr. Vikram Sarabhai Marg, 9th Floor, “Shiva”, Sarabhai Complex, Vadiwadi, Vadodara, GJ, IND, 390023
Styrenix Performance Materials Ltd is a producer of Absolac (ABS) and Absolan (SAN) in India. ABS is a plastic resin produced from acrylonitrile, butadiene, and styrene, used for manufacturing home appliances, automobiles, consumer durables, and machinery. Absolan(SAN) is a polymerized plastic resin produced from styrene and acrylonitrile and is mainly used for products such as lighting, stationery, novelties, refrigerators, and cosmetic packing. The company operates in two segments namely Specialties and Polystyrene. Specialties include ABS and SAN. All the business activities of the firm functioned throughout the region of India.

Styrenix Performance Materials Headlines

No Headlines