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Frontier Springs (BOM:522195) E10 : ₹27.17 (As of Dec. 2024)


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What is Frontier Springs 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.

Frontier Springs's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹20.570. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹27.17 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Frontier Springs's average E10 Growth Rate was 42.70% per year. During the past 3 years, the average E10 Growth Rate was 10.10% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Frontier Springs was 10.10% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

As of today (2025-03-15), Frontier Springs's current stock price is ₹1881.55. Frontier Springs's E10 for the quarter that ended in Dec. 2024 was ₹27.17. Frontier Springs's Shiller PE Ratio of today is 69.25.

During the past 13 years, the highest Shiller PE Ratio of Frontier Springs was 100.65. The lowest was 16.15. And the median was 25.00.


Frontier Springs E10 Historical Data

The historical data trend for Frontier Springs'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.

Frontier Springs E10 Chart

Frontier Springs 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 - 14.90 14.33 16.12 19.89

Frontier Springs Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 19.04 19.89 22.36 24.86 27.17

Competitive Comparison of Frontier Springs's E10

For the Metal Fabrication subindustry, Frontier Springs'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.


Frontier Springs's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Frontier Springs's Shiller PE Ratio distribution charts can be found below:

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



Frontier Springs 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, Frontier Springs's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=20.57/159.2043*159.2043
=20.570

Current CPI (Dec. 2024) = 159.2043.

Frontier Springs Quarterly Data

per share eps CPI Adj_EPS
201503 3.100 97.163 5.079
201506 -0.720 99.841 -1.148
201509 -1.870 101.753 -2.926
201512 1.730 102.901 2.677
201603 2.460 102.518 3.820
201606 0.450 105.961 0.676
201609 0.040 105.961 0.060
201612 1.210 105.196 1.831
201703 3.670 105.196 5.554
201706 2.877 107.109 4.276
201709 2.690 109.021 3.928
201712 1.956 109.404 2.846
201803 1.530 109.786 2.219
201806 5.535 111.317 7.916
201809 3.880 115.142 5.365
201812 5.010 115.142 6.927
201903 6.775 118.202 9.125
201906 6.946 120.880 9.148
201909 6.269 123.175 8.103
201912 10.848 126.235 13.681
202003 11.534 124.705 14.725
202006 3.972 127.000 4.979
202009 5.794 130.118 7.089
202012 3.247 130.889 3.949
202103 6.782 131.771 8.194
202106 7.670 134.084 9.107
202109 4.040 135.847 4.735
202112 4.320 138.161 4.978
202203 3.060 138.822 3.509
202206 3.970 142.347 4.440
202209 5.220 144.661 5.745
202212 3.822 145.763 4.174
202303 5.511 146.865 5.974
202306 6.410 150.280 6.791
202309 8.360 151.492 8.786
202312 10.330 152.924 10.754
202403 12.824 153.035 13.341
202406 18.880 155.789 19.294
202409 21.200 157.882 21.378
202412 20.570 159.204 20.570

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


Frontier Springs  (BOM:522195) 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.

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

Shiller PE Ratio=Share Price/E10
=1881.55/27.17
=69.25

* 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 Frontier Springs was 100.65. The lowest was 16.15. And the median was 25.00.


Be Aware

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


Frontier Springs E10 Related Terms

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


Frontier Springs Business Description

Traded in Other Exchanges
N/A
Address
E-14, Panki Industrial Area, Site-1, Kanpur, UP, IND, 208 022
Frontier Springs Ltd is engaged in the manufacturing of hot Coiled springs and forging items for transportation, industrial, and government applications. The product offering of the company includes L.B.Springs and Hot Coiled Compression Spring and forging items for Wagon, Locomotives, and Carriages, among others. The company supplies its products to railways, bogie manufacturers, Chittaranjan locomotive works, diesel locomotive works, integrated coach factories, and rail coach factories. In addition to the supply to the railways, the company is also supplying the springs to heavy engineering industries and original earth movers equipment manufacturers.

Frontier Springs Headlines

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