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Source Industries (India) (BOM:521036) E10 : ₹-0.08 (As of Dec. 2023)


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What is Source Industries (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.

Source Industries (India)'s adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-0.08 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 (2024-05-03), Source Industries (India)'s current stock price is ₹3.02. Source Industries (India)'s E10 for the quarter that ended in Dec. 2023 was ₹-0.08. Source Industries (India)'s Shiller PE Ratio of today is .


Source Industries (India) E10 Historical Data

The historical data trend for Source Industries (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.

Source Industries (India) E10 Chart

Source Industries (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 - - - - -0.27

Source Industries (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 -0.50 -0.27 -0.33 -0.15 -0.08

Competitive Comparison of Source Industries (India)'s E10

For the Textile Manufacturing subindustry, Source Industries (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.


Source Industries (India)'s Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Source Industries (India)'s Shiller PE Ratio falls into.



Source Industries (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, Source Industries (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)
=-0.02/153.2548*153.2548
=-0.020

Current CPI (Dec. 2023) = 153.2548.

Source Industries (India) Quarterly Data

per share eps CPI Adj_EPS
201303 -0.360 85.687 -0.644
201403 0.650 91.425 1.090
201409 -0.050 96.780 -0.079
201412 -0.005 96.780 -0.008
201503 0.008 97.163 0.013
201506 -0.001 99.841 -0.002
201509 -0.065 101.753 -0.098
201512 -0.008 102.901 -0.012
201603 -0.064 102.518 -0.096
201606 0.029 105.961 0.042
201609 -0.016 105.961 -0.023
201612 0.002 105.196 0.003
201703 0.003 105.196 0.004
201706 -0.007 107.109 -0.010
201709 -0.085 109.021 -0.119
201712 0.003 109.404 0.004
201803 -0.030 109.786 -0.042
201806 -0.004 111.317 -0.006
201809 -0.004 115.142 -0.005
201812 -0.090 115.142 -0.120
201903 0.009 118.202 0.012
201906 -0.010 120.880 -0.013
201909 -0.090 123.175 -0.112
201912 -0.010 126.235 -0.012
202003 -0.020 124.705 -0.025
202006 -0.030 127.000 -0.036
202009 -0.030 130.118 -0.035
202012 -0.010 130.889 -0.012
202103 -0.050 131.771 -0.058
202106 -0.020 134.084 -0.023
202109 -0.090 135.847 -0.102
202112 -0.010 138.161 -0.011
202203 -0.050 138.822 -0.055
202206 -0.020 142.347 -0.022
202209 -0.010 144.661 -0.011
202212 -0.010 145.763 -0.011
202303 -0.020 146.865 -0.021
202306 -0.010 150.280 -0.010
202309 -0.090 151.492 -0.091
202312 -0.020 153.255 -0.020

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


Source Industries (India)  (BOM:521036) 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.


Be Aware

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


Source Industries (India) E10 Related Terms

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


Source Industries (India) (BOM:521036) Business Description

Traded in Other Exchanges
N/A
Address
Flat No-301, DBN Padmavathi Arcade, 6-3-709/A/10/A, Punjagutta Officers Colony, Punjagutta, Hyderabad, TG, IND, 500082
Source Industries (India) Ltd is an India-based company engaged in the manufacturing of Textile. The company operates in the field of textile processing, manufacturing blankets, and processed cloth.

Source Industries (India) (BOM:521036) Headlines

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