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Garware Synthetics (BOM:514400) E10 : ₹0.31 (As of Dec. 2024)


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What is Garware Synthetics 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.

Garware Synthetics's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹-0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.31 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Garware Synthetics's average E10 Growth Rate was -16.20% 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 (2025-04-04), Garware Synthetics's current stock price is ₹26.53. Garware Synthetics's E10 for the quarter that ended in Dec. 2024 was ₹0.31. Garware Synthetics's Shiller PE Ratio of today is 85.58.

During the past 13 years, the highest Shiller PE Ratio of Garware Synthetics was 688.33. The lowest was 25.91. And the median was 56.88.


Garware Synthetics E10 Historical Data

The historical data trend for Garware Synthetics'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.

Garware Synthetics E10 Chart

Garware Synthetics 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 - -1.27 0.29 0.32 0.32

Garware Synthetics 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 0.37 0.32 0.34 0.35 0.31

Competitive Comparison of Garware Synthetics's E10

For the Textile Manufacturing subindustry, Garware Synthetics'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.


Garware Synthetics's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Garware Synthetics's Shiller PE Ratio falls into.


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Garware Synthetics 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, Garware Synthetics'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)
=-0.17/158.3229*158.3229
=-0.170

Current CPI (Dec. 2024) = 158.3229.

Garware Synthetics Quarterly Data

per share eps CPI Adj_EPS
201503 0.931 97.163 1.517
201506 0.250 99.841 0.396
201509 -0.080 101.753 -0.124
201512 0.004 102.901 0.006
201603 0.110 102.518 0.170
201606 0.160 105.961 0.239
201609 0.420 105.961 0.628
201612 0.150 105.196 0.226
201703 0.160 105.196 0.241
201706 0.230 107.109 0.340
201709 0.250 109.021 0.363
201712 0.080 109.404 0.116
201803 0.030 109.786 0.043
201806 0.120 111.317 0.171
201809 0.000 115.142 0.000
201812 -0.320 115.142 -0.440
201903 -2.490 118.202 -3.335
201906 -0.910 120.880 -1.192
201909 -0.060 123.175 -0.077
201912 0.040 126.235 0.050
202003 1.120 124.705 1.422
202006 -0.080 127.000 -0.100
202009 0.100 130.118 0.122
202012 0.450 130.889 0.544
202103 0.260 131.771 0.312
202106 0.100 134.084 0.118
202109 0.420 135.847 0.489
202112 0.320 138.161 0.367
202203 -0.430 138.822 -0.490
202206 -0.050 142.347 -0.056
202209 0.010 144.661 0.011
202212 -0.050 145.763 -0.054
202303 1.080 146.865 1.164
202306 -0.050 150.280 -0.053
202309 -0.340 151.492 -0.355
202312 0.030 152.924 0.031
202403 0.247 153.035 0.256
202406 0.120 155.789 0.122
202409 0.050 157.882 0.050
202412 -0.170 158.323 -0.170

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


Garware Synthetics  (BOM:514400) 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.

Garware Synthetics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=26.53/0.31
=85.58

* 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 Garware Synthetics was 688.33. The lowest was 25.91. And the median was 56.88.


Be Aware

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


Garware Synthetics E10 Related Terms

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


Garware Synthetics Business Description

Traded in Other Exchanges
N/A
Address
C/o. Manish Textiles Industries Premises, Penkar Pada, Mira Road (East), Opposite Golden Chemical, Thane, IND, 401104
Garware Synthetics Ltd is a company engaged in the business of manufacturing Garflon Nylon Monofilaments, Rods, Bristles, Fishing lines, Bushes and Machinery parts, and Polypropylene bristles. The company manufactures its products under the GARFLON brand name. The group's products are used for products such as toothbrushes, shaving brushes, paintbrushes, and industrial and household brushes. The firm principally operates in India and generates key revenue from the sale of Garflon Nylon Bristles.

Garware Synthetics Headlines

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