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Rico Auto Industries (BOM:520008) E10 : ₹4.69 (As of Mar. 2024)


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What is Rico Auto Industries 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.

Rico Auto Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹1.174. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rico Auto Industries's average E10 Growth Rate was 12.70% 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 (2024-06-03), Rico Auto Industries's current stock price is ₹118.50. Rico Auto Industries's E10 for the quarter that ended in Mar. 2024 was ₹4.69. Rico Auto Industries's Shiller PE Ratio of today is 25.27.

During the past 13 years, the highest Shiller PE Ratio of Rico Auto Industries was 32.34. The lowest was 9.05. And the median was 18.83.


Rico Auto Industries E10 Historical Data

The historical data trend for Rico Auto 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.

* Premium members only.

Rico Auto Industries E10 Chart

Rico Auto Industries 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 - - 3.62 4.16 4.69

Rico Auto Industries 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 4.16 4.32 4.48 4.49 4.69

Competitive Comparison of Rico Auto Industries's E10

For the Auto Parts subindustry, Rico Auto 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.


Rico Auto Industries's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

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



Rico Auto 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, Rico Auto Industries'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)
=1.174/153.0345*153.0345
=1.174

Current CPI (Mar. 2024) = 153.0345.

Rico Auto Industries Quarterly Data

per share eps CPI Adj_EPS
201406 -0.090 94.103 -0.146
201409 0.120 96.780 0.190
201412 11.840 96.780 18.722
201503 -0.530 97.163 -0.835
201506 0.320 99.841 0.490
201509 0.690 101.753 1.038
201512 0.650 102.901 0.967
201603 0.520 102.518 0.776
201606 1.170 105.961 1.690
201609 1.390 105.961 2.008
201612 0.740 105.196 1.077
201703 0.510 105.196 0.742
201706 1.040 107.109 1.486
201709 0.880 109.021 1.235
201712 0.980 109.404 1.371
201803 1.370 109.786 1.910
201806 1.130 111.317 1.553
201809 1.320 115.142 1.754
201812 0.798 115.142 1.061
201903 0.485 118.202 0.628
201906 0.300 120.880 0.380
201909 0.440 123.175 0.547
201912 0.786 126.235 0.953
202003 -0.290 124.705 -0.356
202006 -1.800 127.000 -2.169
202009 -0.350 130.118 -0.412
202012 0.320 130.889 0.374
202103 0.770 131.771 0.894
202106 -0.080 134.084 -0.091
202109 0.490 135.847 0.552
202112 0.700 138.161 0.775
202203 0.700 138.822 0.772
202206 0.760 142.347 0.817
202209 0.580 144.661 0.614
202212 0.710 145.763 0.745
202303 1.910 146.865 1.990
202306 0.420 150.280 0.428
202309 0.500 151.492 0.505
202312 0.740 152.924 0.741
202403 1.174 153.035 1.174

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


Rico Auto Industries  (BOM:520008) 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.

Rico Auto Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=118.50/4.69
=25.27

* 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 Rico Auto Industries was 32.34. The lowest was 9.05. And the median was 18.83.


Be Aware

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


Rico Auto Industries E10 Related Terms

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


Rico Auto Industries (BOM:520008) Business Description

Traded in Other Exchanges
Address
Delhi - Jaipur Highway, 38 KM Stone, Gurugram, HR, IND, 122001
Rico Auto Industries Ltd is an established and reputed engineering group sharply focused on the automobile industry. The primary activity of the group includes the manufacturing and sale of auto components for two-wheelers and four-wheelers to original equipment manufacturers. In addition, the company also provides integrated services such as design, development, tooling, casting, machining, and assembly of ferrous and aluminum products. The company generates the majority of its revenue from India.

Rico Auto Industries (BOM:520008) Headlines

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