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Rishi Techtex (BOM:523021) E10 : ₹3.31 (As of Dec. 2023)


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What is Rishi Techtex 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.

Rishi Techtex's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.31 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rishi Techtex's average E10 Growth Rate was 9.20% 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 (2024-05-31), Rishi Techtex's current stock price is ₹52.50. Rishi Techtex's E10 for the quarter that ended in Dec. 2023 was ₹3.31. Rishi Techtex's Shiller PE Ratio of today is 15.86.

During the past 13 years, the highest Shiller PE Ratio of Rishi Techtex was 19.20. The lowest was 6.21. And the median was 10.65.


Rishi Techtex E10 Historical Data

The historical data trend for Rishi Techtex'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.

Rishi Techtex E10 Chart

Rishi Techtex 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 - - 2.10 2.54 3.15

Rishi Techtex 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 3.03 3.15 3.27 3.29 3.31

Competitive Comparison of Rishi Techtex's E10

For the Packaging & Containers subindustry, Rishi Techtex'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.


Rishi Techtex's Shiller PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rishi Techtex's Shiller PE Ratio distribution charts can be found below:

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



Rishi Techtex 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, Rishi Techtex'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)
=0.44/152.9243*152.9243
=0.440

Current CPI (Dec. 2023) = 152.9243.

Rishi Techtex Quarterly Data

per share eps CPI Adj_EPS
201403 1.230 91.425 2.057
201406 0.440 94.103 0.715
201409 0.340 96.780 0.537
201412 0.670 96.780 1.059
201503 1.060 97.163 1.668
201506 0.580 99.841 0.888
201509 0.670 101.753 1.007
201512 0.670 102.901 0.996
201603 1.190 102.518 1.775
201606 0.810 105.961 1.169
201609 0.910 105.961 1.313
201612 0.890 105.196 1.294
201703 1.080 105.196 1.570
201706 0.570 107.109 0.814
201709 0.360 109.021 0.505
201712 0.620 109.404 0.867
201803 1.720 109.786 2.396
201806 1.010 111.317 1.388
201809 0.870 115.142 1.155
201812 1.100 115.142 1.461
201903 0.970 118.202 1.255
201906 0.740 120.880 0.936
201909 0.290 123.175 0.360
201912 0.690 126.235 0.836
202003 -0.380 124.705 -0.466
202006 -2.050 127.000 -2.468
202009 0.440 130.118 0.517
202012 0.920 130.889 1.075
202103 1.250 131.771 1.451
202106 0.600 134.084 0.684
202109 0.020 135.847 0.023
202112 0.710 138.161 0.786
202203 0.450 138.822 0.496
202206 0.300 142.347 0.322
202209 0.220 144.661 0.233
202212 0.240 145.763 0.252
202303 0.750 146.865 0.781
202306 0.560 150.280 0.570
202309 0.390 151.492 0.394
202312 0.440 152.924 0.440

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


Rishi Techtex  (BOM:523021) 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.

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

Shiller PE Ratio=Share Price/E10
=52.50/3.31
=15.86

* 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 Rishi Techtex was 19.20. The lowest was 6.21. And the median was 10.65.


Be Aware

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


Rishi Techtex E10 Related Terms

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


Rishi Techtex (BOM:523021) Business Description

Traded in Other Exchanges
N/A
Address
10/14, Pais Street, 612, Veena Killedar Industrial Estate, Byculla (West), Mumbai, MH, IND, 400011
Rishi Techtex Ltd is a multiproduct company operating in India. It is engaged in the manufacturing of plastic woven, sacks, and shade nets. Its product categories include ShadeNets and Woven Bags. The ShadeNets are utilized as Agriculture/Horticulture Field, Wind Breakers, and Cattle Shed/Poultry Shed. The Woven Bags are suited as Packaging material for Fertilizers, Cement, Plastics Polymers, Chemicals, Bale Coverings, and Salt.

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