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Subros (BOM:517168) E10 : ₹9.70 (As of Sep. 2024)


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What is Subros 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.

Subros's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹14.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.70 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 5.20% per year. During the past 5 years, the average E10 Growth Rate was 4.60% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Subros was 11.80% per year. The lowest was -11.00% per year. And the median was 3.90% per year.

As of today (2024-12-14), Subros's current stock price is ₹ 627.90. Subros's E10 for the fiscal year that ended in Mar. 2024 was ₹9.70. Subros's Shiller PE Ratio of today is 64.73.

During the past 13 years, the highest Shiller PE Ratio of Subros was 69.15. The lowest was 16.10. And the median was 37.84.


Subros E10 Historical Data

The historical data trend for Subros'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.

Subros E10 Chart

Subros 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 8.02 8.32 7.82 8.43 9.70

Subros Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 9.70 - -

Competitive Comparison of Subros's E10

For the Auto Parts subindustry, Subros'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.


Subros's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Subros's Shiller PE Ratio distribution charts can be found below:

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



Subros 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, Subros's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.96/153.0345*153.0345
=14.960

Current CPI (Mar. 2024) = 153.0345.

Subros Annual Data

per_share_eps CPI Adj_EPS
201503 3.340 97.163 5.261
201603 3.990 102.518 5.956
201703 2.200 105.196 3.200
201803 10.090 109.786 14.065
201903 12.370 118.202 16.015
202003 13.000 124.705 15.953
202103 7.260 131.771 8.432
202203 4.980 138.822 5.490
202303 7.350 146.865 7.659
202403 14.960 153.035 14.960

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


Subros  (BOM:517168) 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.

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

Shiller PE Ratio=Share Price/E10
=627.90/9.7
=64.73

* 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 Subros was 69.15. The lowest was 16.10. And the median was 37.84.


Be Aware

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


Subros E10 Related Terms

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


Subros Business Description

Traded in Other Exchanges
Address
Barakhamba Lane, LGF, World Trade Centre, New Delhi, IND, 110001
Subros Ltd is the manufacturer of thermal products for automotive applications in India, in technical collaboration with Denso. It majorly manufactures compressors, condensers, heat exchangers and all connecting elements required to complete the air conditioning loop and caters to all segments namely passenger vehicles, buses, trucks, refrigeration transport, off-roaders, and railways. Geographically all the activity functioned through the region of India and derives revenue through the sale of products.

Subros Headlines

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