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Bharat Seats (BOM:523229) E10 : ₹6.54 (As of Sep. 2024)


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What is Bharat Seats 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.

Bharat Seats's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹2.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.54 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Bharat Seats's average E10 Growth Rate was 12.60% per year. During the past 3 years, the average E10 Growth Rate was 6.80% 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 Bharat Seats was 6.80% per year. The lowest was 6.80% per year. And the median was 6.80% per year.

As of today (2024-12-15), Bharat Seats's current stock price is ₹233.05. Bharat Seats's E10 for the quarter that ended in Sep. 2024 was ₹6.54. Bharat Seats's Shiller PE Ratio of today is 35.63.

During the past 13 years, the highest Shiller PE Ratio of Bharat Seats was 35.70. The lowest was 12.69. And the median was 17.36.


Bharat Seats E10 Historical Data

The historical data trend for Bharat Seats'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.

Bharat Seats E10 Chart

Bharat Seats 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 - 5.01 4.75 5.43 6.10

Bharat Seats Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.81 5.93 6.10 6.35 6.54

Competitive Comparison of Bharat Seats's E10

For the Auto Parts subindustry, Bharat Seats'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.


Bharat Seats's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

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



Bharat Seats 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, Bharat Seats's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.26/157.8822*157.8822
=2.260

Current CPI (Sep. 2024) = 157.8822.

Bharat Seats Quarterly Data

per share eps CPI Adj_EPS
201412 0.670 96.780 1.093
201503 0.790 97.163 1.284
201506 0.310 99.841 0.490
201509 0.690 101.753 1.071
201512 0.380 102.901 0.583
201603 0.910 102.518 1.401
201606 0.530 105.961 0.790
201609 1.120 105.961 1.669
201612 0.940 105.196 1.411
201703 1.280 105.196 1.921
201706 1.390 107.109 2.049
201709 3.260 109.021 4.721
201712 1.860 109.404 2.684
201803 2.470 109.786 3.552
201806 2.270 111.317 3.220
201809 2.180 115.142 2.989
201812 0.860 115.142 1.179
201903 1.510 118.202 2.017
201906 1.210 120.880 1.580
201909 2.230 123.175 2.858
201912 0.740 126.235 0.926
202003 -0.200 124.705 -0.253
202006 -3.350 127.000 -4.165
202009 1.050 130.118 1.274
202012 2.110 130.889 2.545
202103 1.720 131.771 2.061
202106 0.140 134.084 0.165
202109 0.540 135.847 0.628
202112 0.750 138.161 0.857
202203 2.370 138.822 2.695
202206 1.130 142.347 1.253
202209 1.870 144.661 2.041
202212 1.510 145.763 1.636
202303 2.340 146.865 2.516
202306 1.490 150.280 1.565
202309 2.160 151.492 2.251
202312 1.760 152.924 1.817
202403 2.570 153.035 2.651
202406 2.110 155.789 2.138
202409 2.260 157.882 2.260

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


Bharat Seats  (BOM:523229) 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.

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

Shiller PE Ratio=Share Price/E10
=233.05/6.54
=35.63

* 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 Bharat Seats was 35.70. The lowest was 12.69. And the median was 17.36.


Be Aware

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


Bharat Seats E10 Related Terms

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


Bharat Seats Business Description

Traded in Other Exchanges
N/A
Address
1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110070
Bharat Seats Ltd is an Indian-based company. The company manufactures complete seating systems and interior components for automotive and surface transport. The products of the company include Four wheeler seating system, Two wheeler seating systems, Moulded carpets, Two wheeler frames and sheet metal components, Railway seats and berths, and Two-wheeler mainframes. The company has market coverage in India.

Bharat Seats Headlines

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