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Virya Resources (BOM:512479) E10 : ₹1.97 (As of Mar. 2024)


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What is Virya Resources 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.

Virya Resources's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-1.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Virya Resources's average E10 Growth Rate was -18.60% 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.

As of today (2024-06-22), Virya Resources's current stock price is ₹606.00. Virya Resources's E10 for the quarter that ended in Mar. 2024 was ₹1.97. Virya Resources's Shiller PE Ratio of today is 307.61.

During the past 13 years, the highest Shiller PE Ratio of Virya Resources was 322.36. The lowest was 62.68. And the median was 169.26.


Virya Resources E10 Historical Data

The historical data trend for Virya Resources'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.

Virya Resources E10 Chart

Virya Resources 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 - - - 2.42 1.97

Virya Resources 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 2.42 2.37 2.33 2.11 1.97

Competitive Comparison of Virya Resources's E10

For the Specialty Business Services subindustry, Virya Resources'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.


Virya Resources's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Virya Resources's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Virya Resources's Shiller PE Ratio falls into.



Virya Resources 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, Virya Resources'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)
=-1.01/153.0345*153.0345
=-1.010

Current CPI (Mar. 2024) = 153.0345.

Virya Resources Quarterly Data

per share eps CPI Adj_EPS
201406 0.430 94.103 0.699
201409 0.331 96.780 0.523
201412 0.360 96.780 0.569
201503 0.230 97.163 0.362
201506 0.180 99.841 0.276
201509 0.240 101.753 0.361
201512 0.260 102.901 0.387
201603 0.230 102.518 0.343
201606 0.120 105.961 0.173
201609 0.140 105.961 0.202
201612 0.400 105.196 0.582
201703 0.460 105.196 0.669
201706 0.340 107.109 0.486
201709 0.080 109.021 0.112
201712 0.060 109.404 0.084
201803 0.060 109.786 0.084
201806 0.310 111.317 0.426
201809 0.360 115.142 0.478
201812 0.340 115.142 0.452
201903 0.460 118.202 0.596
201906 0.240 120.880 0.304
201909 0.002 123.175 0.002
201912 -0.240 126.235 -0.291
202003 0.099 124.705 0.121
202006 0.020 127.000 0.024
202009 0.070 130.118 0.082
202012 0.002 130.889 0.002
202103 0.070 131.771 0.081
202106 0.030 134.084 0.034
202109 0.020 135.847 0.023
202112 1.520 138.161 1.684
202203 4.120 138.822 4.542
202206 3.440 142.347 3.698
202209 4.240 144.661 4.485
202212 -0.070 145.763 -0.073
202303 -0.930 146.865 -0.969
202306 -0.090 150.280 -0.092
202309 -0.060 151.492 -0.061
202312 -0.750 152.924 -0.751
202403 -1.010 153.035 -1.010

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


Virya Resources  (BOM:512479) 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.

Virya Resources's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=606.00/1.97
=307.61

* 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 Virya Resources was 322.36. The lowest was 62.68. And the median was 169.26.


Be Aware

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


Virya Resources E10 Related Terms

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


Virya Resources (BOM:512479) Business Description

Traded in Other Exchanges
N/A
Address
House No. 31-32-90, 1st Floor, APGVB Bank Building, Opposite Hotel Jaipur, Dabagardens, Visakhapatnam, AP, IND, 530020
Virya Resources Ltd is involved in the business of steam coal.

Virya Resources (BOM:512479) Headlines

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