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Polytex India (BOM:512481) E10 : ₹1.09 (As of Dec. 2024)


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What is Polytex India 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.

Polytex India's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.09 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Polytex India's average E10 Growth Rate was -2.70% 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 (2025-03-30), Polytex India's current stock price is ₹5.83. Polytex India's E10 for the quarter that ended in Dec. 2024 was ₹1.09. Polytex India's Shiller PE Ratio of today is 5.35.

During the past 13 years, the highest Shiller PE Ratio of Polytex India was 9.25. The lowest was 1.95. And the median was 3.70.


Polytex India E10 Historical Data

The historical data trend for Polytex India'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.

Polytex India E10 Chart

Polytex India 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 - - 1.13 1.09 1.09

Polytex India Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.12 1.09 1.10 1.10 1.09

Competitive Comparison of Polytex India's E10

For the Credit Services subindustry, Polytex India'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.


Polytex India's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Polytex India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Polytex India's Shiller PE Ratio falls into.


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Polytex India 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, Polytex India's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.02/158.3229*158.3229
=-0.020

Current CPI (Dec. 2024) = 158.3229.

Polytex India Quarterly Data

per share eps CPI Adj_EPS
201503 -0.060 97.163 -0.098
201506 -0.004 99.841 -0.006
201509 0.200 101.753 0.311
201512 0.060 102.901 0.092
201603 -0.130 102.518 -0.201
201606 -0.090 105.961 -0.134
201609 -0.120 105.961 -0.179
201612 0.290 105.196 0.436
201703 0.080 105.196 0.120
201706 7.000 107.109 10.347
201709 0.110 109.021 0.160
201712 0.090 109.404 0.130
201803 -0.140 109.786 -0.202
201806 0.020 111.317 0.028
201809 0.040 115.142 0.055
201812 0.040 115.142 0.055
201903 -0.200 118.202 -0.268
201906 0.000 120.880 0.000
201909 0.020 123.175 0.026
201912 0.030 126.235 0.038
202003 0.000 124.705 0.000
202006 0.030 127.000 0.037
202009 0.220 130.118 0.268
202012 0.130 130.889 0.157
202103 0.020 131.771 0.024
202106 0.110 134.084 0.130
202109 -0.040 135.847 -0.047
202112 -0.020 138.161 -0.023
202203 -0.600 138.822 -0.684
202206 -0.020 142.347 -0.022
202209 -0.020 144.661 -0.022
202212 -0.040 145.763 -0.043
202303 0.035 146.865 0.038
202306 -0.030 150.280 -0.032
202309 -0.030 151.492 -0.031
202312 -0.030 152.924 -0.031
202403 -0.029 153.035 -0.030
202406 -0.030 155.789 -0.030
202409 -0.020 157.882 -0.020
202412 -0.020 158.323 -0.020

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


Polytex India  (BOM:512481) 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.

Polytex India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.83/1.09
=5.35

* 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 Polytex India was 9.25. The lowest was 1.95. And the median was 3.70.


Be Aware

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


Polytex India E10 Related Terms

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


Polytex India Business Description

Traded in Other Exchanges
N/A
Address
Mahakali Caves Road, 5th Floor, 5B, Technopolis Knowledge Park, Nr. Udyog Bhavan, Chakala, Chakala MIDC, Andheri East, Mumbai, MH, IND, 400093
Polytex India Ltd operates as a non-banking financial company (NBFC) in India. The Company is engaged in the business of lending. The company is engaged in investments and trading in shares and securities as well as provides short-term loans and advances. Geographically, it operates only in India.

Polytex India Headlines

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