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Oswal Yarns (BOM:514460) E10 : ₹-0.19 (As of Dec. 2023)


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What is Oswal Yarns 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.

Oswal Yarns's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.19 for the trailing ten years ended in Dec. 2023.

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 (2024-04-29), Oswal Yarns's current stock price is ₹20.51. Oswal Yarns's E10 for the quarter that ended in Dec. 2023 was ₹-0.19. Oswal Yarns's Shiller PE Ratio of today is .


Oswal Yarns E10 Historical Data

The historical data trend for Oswal Yarns'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.

Oswal Yarns E10 Chart

Oswal Yarns 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 - - -2.05 -0.16 -0.19

Oswal Yarns 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 -0.14 -0.16 -0.19 -0.20 -0.19

Competitive Comparison of Oswal Yarns's E10

For the Textile Manufacturing subindustry, Oswal Yarns'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.


Oswal Yarns's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Oswal Yarns's Shiller PE Ratio falls into.



Oswal Yarns 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, Oswal Yarns'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)
=-0.04/153.2548*153.2548
=-0.040

Current CPI (Dec. 2023) = 153.2548.

Oswal Yarns Quarterly Data

per share eps CPI Adj_EPS
201312 -0.070 91.425 -0.117
201403 -0.045 91.425 -0.075
201406 -0.090 94.103 -0.147
201409 -0.260 96.780 -0.412
201412 -0.010 96.780 -0.016
201503 0.360 97.163 0.568
201506 -0.130 99.841 -0.200
201509 -0.180 101.753 -0.271
201512 0.080 102.901 0.119
201603 0.230 102.518 0.344
201606 -0.100 105.961 -0.145
201609 0.030 105.961 0.043
201612 -0.008 105.196 -0.012
201703 0.110 105.196 0.160
201706 0.052 107.109 0.074
201709 -0.090 109.021 -0.127
201712 -0.040 109.404 -0.056
201803 -0.200 109.786 -0.279
201806 -0.019 111.317 -0.026
201809 -0.086 115.142 -0.114
201812 0.014 115.142 0.019
201903 0.059 118.202 0.076
201906 -0.100 120.880 -0.127
201909 0.009 123.175 0.011
201912 0.037 126.235 0.045
202003 -0.024 124.705 -0.029
202006 0.001 127.000 0.001
202009 -0.034 130.118 -0.040
202012 0.091 130.889 0.107
202103 -0.039 131.771 -0.045
202106 -0.076 134.084 -0.087
202109 -0.120 135.847 -0.135
202112 0.018 138.161 0.020
202203 -0.043 138.822 -0.047
202206 -0.069 142.347 -0.074
202209 0.040 144.661 0.042
202212 -0.270 145.763 -0.284
202303 -0.456 146.865 -0.476
202309 -0.170 151.492 -0.172
202312 -0.040 153.255 -0.040

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


Oswal Yarns  (BOM:514460) 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.


Be Aware

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


Oswal Yarns E10 Related Terms

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


Oswal Yarns (BOM:514460) Business Description

Traded in Other Exchanges
N/A
Address
Link Road, Industrial Area - A, Oswal House, Ludhiana, PB, IND, 141 003
Oswal Yarns Ltd is an Indian-based company operating in the Textile industry. It is engaged in the manufacturing and trading of knitted clothes.

Oswal Yarns (BOM:514460) Headlines

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