GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TTK Healthcare Ltd (BOM:507747) » Definitions » E10

TTK Healthcare (BOM:507747) E10 : ₹76.91 (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is TTK Healthcare 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.

TTK Healthcare's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹9.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹76.91 for the trailing ten years ended in Dec. 2023.

During the past 12 months, TTK Healthcare's average E10 Growth Rate was 7.60% per year. During the past 3 years, the average E10 Growth Rate was 29.50% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of TTK Healthcare was 29.50% per year. The lowest was 29.50% per year. And the median was 29.50% per year.

As of today (2024-05-26), TTK Healthcare's current stock price is ₹1464.60. TTK Healthcare's E10 for the quarter that ended in Dec. 2023 was ₹76.91. TTK Healthcare's Shiller PE Ratio of today is 19.04.

During the past 13 years, the highest Shiller PE Ratio of TTK Healthcare was 30.65. The lowest was 9.42. And the median was 17.02.


TTK Healthcare E10 Historical Data

The historical data trend for TTK Healthcare'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.

TTK Healthcare E10 Chart

TTK Healthcare Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 33.45 30.66 27.73 72.71

TTK Healthcare Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 71.47 72.71 75.06 76.03 76.91

Competitive Comparison of TTK Healthcare's E10

For the Drug Manufacturers - General subindustry, TTK Healthcare'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.


TTK Healthcare's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TTK Healthcare's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where TTK Healthcare's Shiller PE Ratio falls into.



TTK Healthcare 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, TTK Healthcare's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=9.13/152.9243*152.9243
=9.130

Current CPI (Dec. 2023) = 152.9243.

TTK Healthcare Quarterly Data

per share eps CPI Adj_EPS
201403 4.180 91.425 6.992
201406 4.660 94.103 7.573
201409 4.870 96.780 7.695
201412 5.400 96.780 8.533
201503 5.880 97.163 9.255
201506 6.070 99.841 9.297
201509 6.080 101.753 9.138
201512 9.390 102.901 13.955
201603 7.660 102.518 11.426
201606 7.200 105.961 10.391
201609 5.860 105.961 8.457
201612 4.600 105.196 6.687
201703 6.470 105.196 9.405
201706 -9.390 107.109 -13.407
201709 7.930 109.021 11.123
201712 15.770 109.404 22.043
201803 5.660 109.786 7.884
201806 5.580 111.317 7.666
201809 4.710 115.142 6.256
201812 3.460 115.142 4.595
201903 3.510 118.202 4.541
201906 2.580 120.880 3.264
201909 2.680 123.175 3.327
201912 3.170 126.235 3.840
202003 0.300 124.705 0.368
202006 -1.700 127.000 -2.047
202009 21.800 130.118 25.621
202012 5.440 130.889 6.356
202103 7.330 131.771 8.507
202106 4.240 134.084 4.836
202109 9.060 135.847 10.199
202112 8.610 138.161 9.530
202203 7.510 138.822 8.273
202206 425.230 142.347 456.826
202209 7.020 144.661 7.421
202212 8.490 145.763 8.907
202303 11.990 146.865 12.485
202306 11.090 150.280 11.285
202309 11.330 151.492 11.437
202312 9.130 152.924 9.130

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


TTK Healthcare  (BOM:507747) 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.

TTK Healthcare's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1464.60/76.91
=19.04

* 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 TTK Healthcare was 30.65. The lowest was 9.42. And the median was 17.02.


Be Aware

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


TTK Healthcare E10 Related Terms

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


TTK Healthcare (BOM:507747) Business Description

Traded in Other Exchanges
Address
No. 6, Cathedral Road, Chennai, TN, IND, 600 086
TTK Healthcare Ltd is an Indian pharmaceutical company. The company's operating segment includes Animal Welfare, Consumer Products, Medical Devices, Protective Devices, Foods Division, and Others. Its Animal Welfare segment includes products for both Human and Veterinary use. The Consumer Products comprises of marketing and distribution of Woodwards's Gripe Water, EVA Range of Cosmetics, Good Home range of Scrubbers, Air Fresheners and others. Protective Devices comprises of manufacturing and marketing of Male Contraceptives and other allied products. It generates maximum revenue from the Pharmaceuticals segment. Geographically, it derives a majority of revenue from India.

TTK Healthcare (BOM:507747) Headlines

No Headlines