GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » National Oxygen Ltd (BOM:507813) » Definitions » E10

National Oxygen (BOM:507813) E10 : ₹-7.52 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is National Oxygen 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.

National Oxygen's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-2.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-7.52 for the trailing ten years ended in Dec. 2023.

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 (2024-05-24), National Oxygen's current stock price is ₹142.75. National Oxygen's E10 for the quarter that ended in Dec. 2023 was ₹-7.52. National Oxygen's Shiller PE Ratio of today is .


National Oxygen E10 Historical Data

The historical data trend for National Oxygen'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.

National Oxygen E10 Chart

National Oxygen 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 - - -7.75 -6.23 -7.15

National Oxygen Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -7.26 -7.45 -7.15 -7.56 -7.52

Competitive Comparison of National Oxygen's E10

For the Specialty Chemicals subindustry, National Oxygen'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.


National Oxygen's Shiller PE Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where National Oxygen's Shiller PE Ratio falls into.



National Oxygen 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, National Oxygen'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)
=-2.52/152.9243*152.9243
=-2.520

Current CPI (Dec. 2023) = 152.9243.

National Oxygen Quarterly Data

per share eps CPI Adj_EPS
201312 -4.800 91.425 -8.029
201403 -4.330 91.425 -7.243
201406 -6.300 94.103 -10.238
201409 -3.524 96.780 -5.568
201412 -6.090 96.780 -9.623
201503 -6.640 97.163 -10.451
201506 -3.430 99.841 -5.254
201509 -1.370 101.753 -2.059
201512 -4.850 102.901 -7.208
201603 -2.180 102.518 -3.252
201606 -3.232 105.961 -4.664
201609 -1.730 105.961 -2.497
201612 -3.740 105.196 -5.437
201703 -2.530 105.196 -3.678
201706 -1.760 107.109 -2.513
201709 -2.020 109.021 -2.833
201712 1.180 109.404 1.649
201803 -1.290 109.786 -1.797
201806 5.000 111.317 6.869
201809 0.690 115.142 0.916
201812 1.080 115.142 1.434
201903 0.650 118.202 0.841
201906 -1.220 120.880 -1.543
201909 0.230 123.175 0.286
201912 -1.340 126.235 -1.623
202003 -0.940 124.705 -1.153
202006 -4.770 127.000 -5.744
202009 -2.530 130.118 -2.973
202012 2.940 130.889 3.435
202103 2.080 131.771 2.414
202106 8.400 134.084 9.580
202109 4.000 135.847 4.503
202112 1.440 138.161 1.594
202203 2.040 138.822 2.247
202206 0.040 142.347 0.043
202209 -2.430 144.661 -2.569
202212 -1.000 145.763 -1.049
202303 1.750 146.865 1.822
202309 -1.260 151.492 -1.272
202312 -2.520 152.924 -2.520

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


National Oxygen  (BOM:507813) 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.


Be Aware

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


National Oxygen E10 Related Terms

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


National Oxygen (BOM:507813) Business Description

Traded in Other Exchanges
N/A
Address
New Number 4 Old No.149, Montieth Road, S-1, 2nd Floor, Alsa Mall, Egmore, Chennai, TN, IND, 600 008
National Oxygen Ltd is an Indian company engaged in manufacturing industrial gases, such as Oxygen and Nitrogen. It is a supplier of industrial gases both in liquid and gaseous forms. The company's products include Industrial liquid oxygen, Industrial gaseous oxygen, Industrial liquid nitrogen and Dissolved acetylene gas. The product's applications involve blast furnace, copper smelting, manufacture of explosives, heart stimulation, cryogenic preservation and cutting and welding. The group derives key revenue from India.

National Oxygen (BOM:507813) Headlines

No Headlines