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KSE (BOM:519421) E10 : ₹118.22 (As of Dec. 2023)


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What is KSE 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.

KSE's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹3.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹118.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KSE's average E10 Growth Rate was -3.60% 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.

As of today (2024-04-30), KSE's current stock price is ₹2019.40. KSE's E10 for the quarter that ended in Dec. 2023 was ₹118.22. KSE's Shiller PE Ratio of today is 17.08.

During the past 13 years, the highest Shiller PE Ratio of KSE was 19.95. The lowest was 12.33. And the median was 15.10.


KSE E10 Historical Data

The historical data trend for KSE'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.

KSE E10 Chart

KSE 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 - - - 115.00 118.47

KSE 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 122.69 118.47 120.28 119.94 118.22

Competitive Comparison of KSE's E10

For the Packaged Foods subindustry, KSE'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.


KSE's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KSE's Shiller PE Ratio distribution charts can be found below:

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



KSE 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, KSE'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)
=3.59/153.2548*153.2548
=3.590

Current CPI (Dec. 2023) = 153.2548.

KSE Quarterly Data

per share eps CPI Adj_EPS
201403 18.490 91.425 30.995
201406 9.150 94.103 14.902
201409 54.650 96.780 86.540
201412 35.050 96.780 55.503
201503 37.508 97.163 59.161
201506 6.800 99.841 10.438
201509 5.580 101.753 8.404
201512 1.790 102.901 2.666
201603 9.520 102.518 14.231
201606 1.940 105.961 2.806
201609 -5.800 105.961 -8.389
201612 0.171 105.196 0.249
201703 38.270 105.196 55.754
201706 30.010 107.109 42.939
201709 54.930 109.021 77.217
201712 67.710 109.404 94.849
201803 67.670 109.786 94.463
201806 45.750 111.317 62.986
201809 26.350 115.142 35.072
201812 -29.600 115.142 -39.398
201903 -13.040 118.202 -16.907
201906 -39.460 120.880 -50.028
201909 12.510 123.175 15.565
201912 27.850 126.235 33.811
202003 58.160 124.705 71.475
202006 82.900 127.000 100.038
202009 78.710 130.118 92.706
202012 91.580 130.889 107.229
202103 99.720 131.771 115.979
202106 17.440 134.084 19.933
202109 -16.380 135.847 -18.479
202112 0.230 138.161 0.255
202203 19.250 138.822 21.251
202206 -7.200 142.347 -7.752
202209 13.290 144.661 14.080
202212 -2.300 145.763 -2.418
202303 -11.230 146.865 -11.719
202306 -3.290 150.280 -3.355
202309 -4.420 151.492 -4.471
202312 3.590 153.255 3.590

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


KSE  (BOM:519421) 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.

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

Shiller PE Ratio=Share Price/E10
=2019.40/118.22
=17.08

* 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 KSE was 19.95. The lowest was 12.33. And the median was 15.10.


Be Aware

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


KSE E10 Related Terms

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


KSE (BOM:519421) Business Description

Traded in Other Exchanges
N/A
Address
Solvent Road, Post Box No. 20, Irinjalakuda, Thrissur, KL, IND, 680 121
KSE Ltd is engaged in the manufacturing compound cattle feed. The company's operating segment includes Animal Feed; Oil cake processing and Dairy. It generates maximum revenue from the Animal Feed segment. The product line of the company consists of KS milk, KS curd, KS super, and KS supreme pellet.

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