Asahi Industries (BOM:514482) E10: ₹-0.69 (As of Jun. 2021)

Author: Vera Yuan Vera Yuan
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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:514482 Asahi Industries Ltd BOM:514482
4 GF Score
Price ₹5.09
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What is Asahi Industries E10?

Asahi Industries BOM:514482 4 E10 is ₹-0.69 as of Jun. 2021. GuruFocus rates BOM:514482 with a GF Score™ of 4/100.

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.

Asahi Industries's adjusted earnings per share data for the three months ended in Jun. 2021 was ₹-0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.69 for the trailing ten years ended in Jun. 2021.

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 (2026-07-22), Asahi Industries's current stock price is ₹5.09. Asahi Industries's E10 for the quarter that ended in Jun. 2021 was ₹-0.69. Asahi Industries's Shiller PE Ratio of today is .


Asahi Industries  (BOM:514482) 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.


Asahi Industries E10 Related Terms


Asahi Industries E10 Historical Data

* Premium members only.

The historical data trend for Asahi Industries'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.

Asahi Industries E10 Chart

Asahi Industries Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Asahi Industries Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21
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 0.00 0.00 0.00 0.00 -0.69

BOM:514482 vs AIN: E10 Comparison

For the Textile Manufacturing subindustry, Asahi Industries'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.


Asahi Industries Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Asahi Industries's Shiller PE Ratio falls into.


BOM:514482
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Asahi Industries Ltd BOM:514482
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi Industries 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, Asahi Industries's adjusted earnings per share data for the three months ended in Jun. 2021 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=-0.07/134.0842*134.0842
=-0.070

Current CPI (Jun. 2021) = 134.0842.

Asahi Industries Quarterly Data

per share eps CPI Adj_EPS
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201109 0.100 75.359 0.178
201112 0.040 75.359 0.071
201203 0.040 76.889 0.070
201206 0.010 79.567 0.017
201209 0.010 82.244 0.016
201212 0.010 83.774 0.016
201303 0.087 85.687 0.136
201306 0.020 88.365 0.030
201309 0.030 91.042 0.044
201312 0.040 91.425 0.059
201403 0.051 91.425 0.075
201406 0.030 94.103 0.043
201409 0.040 96.780 0.055
201412 0.040 96.780 0.055
201503 -0.081 97.163 -0.112
201506 0.140 99.841 0.188
201509 0.110 101.753 0.145
201512 0.080 102.901 0.104
201603 -0.240 102.518 -0.314
201606 -0.350 105.961 -0.443
201609 -0.350 105.961 -0.443
201612 -0.930 105.196 -1.185
201703 -0.160 105.196 -0.204
201706 -0.480 107.109 -0.601
201709 -0.490 109.021 -0.603
201712 -0.510 109.404 -0.625
201803 -0.660 109.786 -0.806
201806 -0.190 111.317 -0.229
201809 -0.200 115.142 -0.233
201812 -0.290 115.142 -0.338
201903 -0.550 118.202 -0.624
201912 -0.090 126.235 -0.096
202003 0.000 124.705 0.000
202006 -0.070 127.000 -0.074
202012 -0.070 130.889 -0.072
202103 0.000 131.771 0.000
202106 -0.070 134.084 -0.070

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of ₹-0.69 mean?
Asahi Industries (BOM:514482) has a E10 of ₹-0.69 as of Jun. 2021. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Asahi Industries and its competitors.
Is Asahi Industries' E10 too high?
Asahi Industries' current E10 is ₹-0.69. Overall, Asahi Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Asahi Industries' E10 compare to AIN?
Asahi Industries' E10 of ₹-0.69 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Asahi Industries and its competitors. Asahi Industries's current E10 is ₹-0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Industries stock overvalued right now?
Asahi Industries (BOM:514482) has a current E10 of ₹-0.69. The current E10 is ₹-0.69. Asahi Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Asahi Industries (BOM:514482), the current E10 is ₹-0.69 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Asahi Industries Business Description

Address 396, Veer Savarkar Marg, Ground Floor, Kamat Industrial Estate, Prabhadevi, Mumbai, MH, IND, 400025
Asahi Industries Ltd manufactures and exports cotton and polyester yarn.
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E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5.09
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