GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Gujarat Industries Power Co Ltd (BOM:517300) » Definitions » E10

Gujarat Industries Power Co (BOM:517300) E10 : ₹29.18 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Gujarat Industries Power Co 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.

Gujarat Industries Power Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹4.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹29.18 for the trailing ten years ended in Mar. 2024.

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 (2024-06-19), Gujarat Industries Power Co's current stock price is ₹252.85. Gujarat Industries Power Co's E10 for the quarter that ended in Mar. 2024 was ₹29.18. Gujarat Industries Power Co's Shiller PE Ratio of today is 8.67.

During the past 13 years, the highest Shiller PE Ratio of Gujarat Industries Power Co was 8.02. The lowest was 2.69. And the median was 5.02.


Gujarat Industries Power Co E10 Historical Data

The historical data trend for Gujarat Industries Power Co'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.

Gujarat Industries Power Co E10 Chart

Gujarat Industries Power Co 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 - - - - 29.18

Gujarat Industries Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 37.65 34.90 32.52 29.18

Competitive Comparison of Gujarat Industries Power Co's E10

For the Utilities - Regulated Electric subindustry, Gujarat Industries Power Co'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.


Gujarat Industries Power Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat Industries Power Co's Shiller PE Ratio distribution charts can be found below:

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



Gujarat Industries Power Co 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, Gujarat Industries Power Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.37/153.0345*153.0345
=4.370

Current CPI (Mar. 2024) = 153.0345.

Gujarat Industries Power Co Quarterly Data

per share eps CPI Adj_EPS
200803 6.760 52.407 19.740
200903 5.640 56.615 15.245
201003 7.060 65.030 16.614
201103 10.770 70.768 23.290
201112 1.110 75.359 2.254
201203 2.040 76.889 4.060
201206 3.640 79.567 7.001
201212 4.620 83.774 8.440
201303 4.090 85.687 7.305
201306 2.410 88.365 4.174
201403 12.290 91.425 20.572
201406 3.210 94.103 5.220
201503 8.350 97.163 13.152
201603 12.450 102.518 18.585
201703 15.160 105.196 22.054
201803 10.980 109.786 15.305
201806 3.820 111.317 5.252
201809 -7.820 115.142 -10.394
201812 4.900 115.142 6.513
201903 10.760 118.202 13.931
201906 5.640 120.880 7.140
201909 3.420 123.175 4.249
201912 3.240 126.235 3.928
202003 4.100 124.705 5.031
202006 3.930 127.000 4.736
202009 3.010 130.118 3.540
202012 2.020 130.889 2.362
202103 2.920 131.771 3.391
202106 2.340 134.084 2.671
202109 3.530 135.847 3.977
202112 1.850 138.161 2.049
202203 3.620 138.822 3.991
202206 4.160 142.347 4.472
202209 1.760 144.661 1.862
202212 2.250 145.763 2.362
202303 4.310 146.865 4.491
202306 3.790 150.280 3.859
202309 1.870 151.492 1.889
202312 3.080 152.924 3.082
202403 4.370 153.035 4.370

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


Gujarat Industries Power Co  (BOM:517300) 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.

Gujarat Industries Power Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=252.85/29.18
=8.67

* 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 Gujarat Industries Power Co was 8.02. The lowest was 2.69. And the median was 5.02.


Be Aware

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


Gujarat Industries Power Co E10 Related Terms

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


Gujarat Industries Power Co (BOM:517300) Business Description

Traded in Other Exchanges
Address
P.O. Ranoli, Vadodara, GJ, IND, 391 350
Gujarat Industries Power Co Ltd is engaged in the business of electrical power generation. Its power generation plants include gas-based power plants, thermal power plants, and solar power plants. The company generates a majority of its revenue from the sale of electrical energy within the domestic market.

Gujarat Industries Power Co (BOM:517300) Headlines

No Headlines