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Dhanuka Agritech (BOM:507717) E10 : ₹44.39 (As of Mar. 2024)


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What is Dhanuka Agritech 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.

Dhanuka Agritech's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹12.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹44.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Dhanuka Agritech's average E10 Growth Rate was 9.50% 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 (2024-06-20), Dhanuka Agritech's current stock price is ₹1575.05. Dhanuka Agritech's E10 for the quarter that ended in Mar. 2024 was ₹44.39. Dhanuka Agritech's Shiller PE Ratio of today is 35.48.

During the past 13 years, the highest Shiller PE Ratio of Dhanuka Agritech was 35.82. The lowest was 15.07. And the median was 19.45.


Dhanuka Agritech E10 Historical Data

The historical data trend for Dhanuka Agritech'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.

Dhanuka Agritech E10 Chart

Dhanuka Agritech 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 - - 35.66 40.55 44.39

Dhanuka Agritech 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 40.55 41.62 43.12 43.82 44.39

Competitive Comparison of Dhanuka Agritech's E10

For the Agricultural Inputs subindustry, Dhanuka Agritech'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.


Dhanuka Agritech's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Dhanuka Agritech's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dhanuka Agritech's Shiller PE Ratio falls into.



Dhanuka Agritech 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, Dhanuka Agritech'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)
=12.95/153.0345*153.0345
=12.950

Current CPI (Mar. 2024) = 153.0345.

Dhanuka Agritech Quarterly Data

per share eps CPI Adj_EPS
201406 4.090 94.103 6.651
201409 8.340 96.780 13.188
201412 4.400 96.780 6.958
201503 4.380 97.163 6.899
201506 3.710 99.841 5.687
201509 27.890 101.753 41.946
201512 4.510 102.901 6.707
201603 5.690 102.518 8.494
201606 3.980 105.961 5.748
201609 10.020 105.961 14.471
201612 5.370 105.196 7.812
201703 5.000 105.196 7.274
201706 3.290 107.109 4.701
201709 10.760 109.021 15.104
201712 5.820 109.404 8.141
201803 5.840 109.786 8.141
201806 3.300 111.317 4.537
201809 11.210 115.142 14.899
201812 2.970 115.142 3.947
201903 5.530 118.202 7.160
201906 3.080 120.880 3.899
201909 12.610 123.175 15.667
201912 5.820 126.235 7.056
202003 8.200 124.705 10.063
202006 10.890 127.000 13.122
202009 14.730 130.118 17.324
202012 8.540 130.889 9.985
202103 10.450 131.771 12.136
202106 10.430 134.084 11.904
202109 13.610 135.847 15.332
202112 9.130 138.161 10.113
202203 11.680 138.822 12.876
202206 10.540 142.347 11.331
202209 15.680 144.661 16.588
202212 9.890 145.763 10.383
202303 14.240 146.865 14.838
202306 7.230 150.280 7.363
202309 22.330 151.492 22.557
202312 9.950 152.924 9.957
202403 12.950 153.035 12.950

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


Dhanuka Agritech  (BOM:507717) 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.

Dhanuka Agritech's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1575.05/44.39
=35.48

* 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 Dhanuka Agritech was 35.82. The lowest was 15.07. And the median was 19.45.


Be Aware

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


Dhanuka Agritech E10 Related Terms

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


Dhanuka Agritech (BOM:507717) Business Description

Traded in Other Exchanges
Address
MG Road, Global Gateway Towers, Near Guru Dronacharya Metro Station, Gurugram, HR, IND, 122002
Dhanuka Agritech Ltd is involved in the manufacturing and marketing of plant protection agrochemicals. The product range consists of Insecticides, Herbicides, Fungicides, and Plant Growth Regulators in various forms - liquid, dust, powder, and granules. The firm generates a majority of its revenue from agrochemicals. The company has a strategic partnership with American, Japanese, and European companies. Its manufacturing facilities are located in Gurgaon (Haryana), Sanand (Gujarat), Udhampur (Jammu and Kashmir), and Keshwana (Rajasthan). Dhanuka's target customers are farmers.

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