GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shantai Industries Ltd (BOM:512297) » Definitions » E10

Shantai Industries (BOM:512297) E10 : ₹2.88 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Shantai Industries 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.

Shantai Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.371. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.88 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Shantai Industries's average E10 Growth Rate was 0.70% 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 (2024-05-26), Shantai Industries's current stock price is ₹43.50. Shantai Industries's E10 for the quarter that ended in Dec. 2023 was ₹2.88. Shantai Industries's Shiller PE Ratio of today is 15.10.

During the past 13 years, the highest Shiller PE Ratio of Shantai Industries was 24.22. The lowest was 5.53. And the median was 9.41.


Shantai Industries E10 Historical Data

The historical data trend for Shantai Industries'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.

Shantai Industries E10 Chart

Shantai Industries 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 - - 4.16 2.75 2.84

Shantai Industries 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 2.86 2.84 2.87 2.89 2.88

Competitive Comparison of Shantai Industries's E10

For the Textile Manufacturing subindustry, Shantai Industries'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.


Shantai Industries's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shantai Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shantai Industries's Shiller PE Ratio falls into.



Shantai Industries 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, Shantai Industries'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)
=-0.371/152.9243*152.9243
=-0.371

Current CPI (Dec. 2023) = 152.9243.

Shantai Industries Quarterly Data

per share eps CPI Adj_EPS
201403 -0.019 91.425 -0.032
201406 -0.040 94.103 -0.065
201409 -0.037 96.780 -0.058
201412 -0.040 96.780 -0.063
201503 -0.108 97.163 -0.170
201506 -0.037 99.841 -0.057
201509 0.010 101.753 0.015
201512 0.053 102.901 0.079
201603 0.486 102.518 0.725
201606 1.267 105.961 1.829
201609 2.800 105.961 4.041
201612 3.190 105.196 4.637
201703 4.830 105.196 7.021
201706 3.260 107.109 4.654
201709 0.650 109.021 0.912
201712 0.560 109.404 0.783
201803 -3.980 109.786 -5.544
201806 -0.580 111.317 -0.797
201809 1.960 115.142 2.603
201812 0.440 115.142 0.584
201903 12.310 118.202 15.926
201906 -1.490 120.880 -1.885
201909 3.960 123.175 4.916
201912 -3.680 126.235 -4.458
202003 0.758 124.705 0.930
202006 -1.230 127.000 -1.481
202009 -0.610 130.118 -0.717
202012 0.350 130.889 0.409
202103 -3.900 131.771 -4.526
202106 -0.610 134.084 -0.696
202109 -0.224 135.847 -0.252
202112 1.324 138.161 1.465
202203 -0.342 138.822 -0.377
202206 -0.057 142.347 -0.061
202209 -0.148 144.661 -0.156
202212 -0.106 145.763 -0.111
202303 -0.329 146.865 -0.343
202306 -0.396 150.280 -0.403
202309 -0.101 151.492 -0.102
202312 -0.371 152.924 -0.371

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


Shantai Industries  (BOM:512297) 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.

Shantai Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=43.50/2.88
=15.10

* 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 Shantai Industries was 24.22. The lowest was 5.53. And the median was 9.41.


Be Aware

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


Shantai Industries E10 Related Terms

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


Shantai Industries (BOM:512297) Business Description

Traded in Other Exchanges
N/A
Address
820, Golden Point, Ring Road, Near Telephone Exchange Begampura, Falsawadi, Surat, GJ, IND, 395003
Shantai Industries Ltd is an India-based company, involved in the textile division. It acts as a trendsetter in textiles and also has a remarkable presence in the exports of synthetic textiles items and finished garments industries. The company generates revenue and operates in India.

Shantai Industries (BOM:512297) Headlines

No Headlines