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Ganesha Ecosphere (BOM:514167) E10 : ₹27.59 (As of Dec. 2023)


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What is Ganesha Ecosphere 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.

Ganesha Ecosphere's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹5.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹27.59 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ganesha Ecosphere's average E10 Growth Rate was 5.50% 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.

As of today (2024-05-15), Ganesha Ecosphere's current stock price is ₹1037.60. Ganesha Ecosphere's E10 for the quarter that ended in Dec. 2023 was ₹27.59. Ganesha Ecosphere's Shiller PE Ratio of today is 37.61.

During the past 13 years, the highest Shiller PE Ratio of Ganesha Ecosphere was 40.78. The lowest was 18.17. And the median was 30.13.


Ganesha Ecosphere E10 Historical Data

The historical data trend for Ganesha Ecosphere'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.

Ganesha Ecosphere E10 Chart

Ganesha Ecosphere 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 - - 28.07 24.81 26.73

Ganesha Ecosphere 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 26.15 26.59 26.73 27.37 27.59

Competitive Comparison of Ganesha Ecosphere's E10

For the Textile Manufacturing subindustry, Ganesha Ecosphere'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.


Ganesha Ecosphere's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Ganesha Ecosphere's Shiller PE Ratio falls into.



Ganesha Ecosphere 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, Ganesha Ecosphere'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)
=5.84/153.2548*153.2548
=5.840

Current CPI (Dec. 2023) = 153.2548.

Ganesha Ecosphere Quarterly Data

per share eps CPI Adj_EPS
201312 4.200 91.425 7.040
201403 6.570 91.425 11.013
201406 4.050 94.103 6.596
201409 4.340 96.780 6.873
201412 2.010 96.780 3.183
201503 2.500 97.163 3.943
201506 2.870 99.841 4.405
201509 2.990 101.753 4.503
201512 3.340 102.901 4.974
201603 3.630 102.518 5.426
201606 3.100 105.961 4.484
201609 4.270 105.961 6.176
201612 3.856 105.196 5.618
201703 4.320 105.196 6.294
201706 4.620 107.109 6.610
201709 3.800 109.021 5.342
201712 4.830 109.404 6.766
201803 5.120 109.786 7.147
201806 5.070 111.317 6.980
201809 6.220 115.142 8.279
201812 6.630 115.142 8.825
201903 10.820 118.202 14.029
201906 7.350 120.880 9.319
201909 7.210 123.175 8.971
201912 7.170 126.235 8.705
202003 7.400 124.705 9.094
202006 -2.870 127.000 -3.463
202009 5.440 130.118 6.407
202012 9.210 130.889 10.784
202103 8.160 131.771 9.490
202106 -5.880 134.084 -6.721
202109 6.530 135.847 7.367
202112 7.530 138.161 8.353
202203 20.210 138.822 22.311
202206 6.090 142.347 6.557
202209 9.010 144.661 9.545
202212 9.690 145.763 10.188
202303 7.060 146.865 7.367
202309 1.290 151.492 1.305
202312 5.840 153.255 5.840

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


Ganesha Ecosphere  (BOM:514167) 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.

Ganesha Ecosphere's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1037.60/27.59
=37.61

* 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 Ganesha Ecosphere was 40.78. The lowest was 18.17. And the median was 30.13.


Be Aware

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


Ganesha Ecosphere E10 Related Terms

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


Ganesha Ecosphere (BOM:514167) Business Description

Traded in Other Exchanges
Address
113/216-B, Swaroop Nagar, First Floor, Kanpur, UP, IND, 208002
Ganesha Ecosphere Ltd deals in the manufacture and sale of polyester staple fiber and spun yarn. The company is involved in the manufacture of recycled polyester staple fiber (RPSF) and recycled polyester spun yarn (RPSY) from pre-and post-consumer polyethylene terephthalate (PET) bottle scrap. Firm' products have application in the manufacture of textiles (T-shirts, body warmers), functional textiles (non-woven air filter fabric, geotextiles, carpets, car upholstery) and fillings (for pillows, duvets, toys). Majority of the company's revenue is derived in India.

Ganesha Ecosphere (BOM:514167) Headlines

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