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Prashant India (BOM:519014) E10 : ₹0.17 (As of Dec. 2023)


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What is Prashant India 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.

Prashant India'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 ₹0.17 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 (2024-05-26), Prashant India's current stock price is ₹13.54. Prashant India's E10 for the quarter that ended in Dec. 2023 was ₹0.17. Prashant India's Shiller PE Ratio of today is 79.65.

During the past 13 years, the highest Shiller PE Ratio of Prashant India was 88.24. The lowest was 60.35. And the median was 79.12.


Prashant India E10 Historical Data

The historical data trend for Prashant India'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.

Prashant India E10 Chart

Prashant India 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 - - -2.25 -1.21 -0.20

Prashant India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -0.13 -0.20 -0.13 - 0.17

Competitive Comparison of Prashant India's E10

For the Textile Manufacturing subindustry, Prashant India'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.


Prashant India's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Prashant India 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, Prashant India'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)
=-0.04/152.9243*152.9243
=-0.040

Current CPI (Dec. 2023) = 152.9243.

Prashant India Quarterly Data

per share eps CPI Adj_EPS
201403 0.590 91.425 0.987
201406 -0.800 94.103 -1.300
201409 0.180 96.780 0.284
201412 -0.950 96.780 -1.501
201503 1.430 97.163 2.251
201506 -0.410 99.841 -0.628
201509 0.400 101.753 0.601
201512 -0.690 102.901 -1.025
201603 -0.280 102.518 -0.418
201606 0.070 105.961 0.101
201609 0.280 105.961 0.404
201612 0.020 105.196 0.029
201703 -0.150 105.196 -0.218
201706 0.040 107.109 0.057
201709 -0.410 109.021 -0.575
201712 -0.240 109.404 -0.335
201803 0.410 109.786 0.571
201806 1.990 111.317 2.734
201809 -0.370 115.142 -0.491
201812 0.190 115.142 0.252
201903 0.810 118.202 1.048
201906 0.120 120.880 0.152
201909 0.250 123.175 0.310
201912 -0.090 126.235 -0.109
202003 -0.010 124.705 -0.012
202006 -0.190 127.000 -0.229
202009 -0.140 130.118 -0.165
202012 -0.050 130.889 -0.058
202103 0.380 131.771 0.441
202106 -0.180 134.084 -0.205
202109 -0.100 135.847 -0.113
202112 -0.170 138.161 -0.188
202203 0.073 138.822 0.080
202206 -0.210 142.347 -0.226
202209 0.060 144.661 0.063
202212 0.120 145.763 0.126
202303 -0.458 146.865 -0.477
202306 -0.360 150.280 -0.366
202309 -0.120 151.492 -0.121
202312 -0.040 152.924 -0.040

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


Prashant India  (BOM:519014) 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.

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

Shiller PE Ratio=Share Price/E10
=13.54/0.17
=79.65

* 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 Prashant India was 88.24. The lowest was 60.35. And the median was 79.12.


Be Aware

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


Prashant India E10 Related Terms

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


Prashant India (BOM:519014) Business Description

Traded in Other Exchanges
N/A
Address
Palsana Char Rasta, National Highway No. 8, Block Number 456, Palsana, Surat, GJ, IND, 394 315
Prashant India Ltd is an India-based company. It carries on the business as a manufacturer, seller, and exporter of Agro Products, Textiles, and Wind Power Generation. The company's operating segment includes Textile and Wind Farm. It generates maximum revenue from the textile segment.

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