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Balmer Lawrie (BOM:523319) E10 : ₹23.75 (As of Dec. 2024)


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What is Balmer Lawrie 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.

Balmer Lawrie's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹3.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹23.75 for the trailing ten years ended in Dec. 2024.

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 (2025-04-05), Balmer Lawrie's current stock price is ₹189.15. Balmer Lawrie's E10 for the quarter that ended in Dec. 2024 was ₹23.75. Balmer Lawrie's Shiller PE Ratio of today is 7.96.

During the past 13 years, the highest Shiller PE Ratio of Balmer Lawrie was 12.27. The lowest was 6.28. And the median was 10.13.


Balmer Lawrie E10 Historical Data

The historical data trend for Balmer Lawrie'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.

Balmer Lawrie E10 Chart

Balmer Lawrie 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 - - - - 25.36

Balmer Lawrie 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 - 25.36 25.32 24.89 23.75

Competitive Comparison of Balmer Lawrie's E10

For the Conglomerates subindustry, Balmer Lawrie'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.


Balmer Lawrie's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Balmer Lawrie's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Balmer Lawrie's Shiller PE Ratio falls into.


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Balmer Lawrie 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, Balmer Lawrie'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)
=3.77/158.3229*158.3229
=3.770

Current CPI (Dec. 2024) = 158.3229.

Balmer Lawrie Quarterly Data

per share eps CPI Adj_EPS
200803 5.837 52.407 17.634
200903 6.384 56.615 17.853
201003 7.010 65.030 17.067
201103 7.505 70.768 16.790
201203 4.948 76.889 10.189
201212 1.895 83.774 3.581
201303 3.131 85.687 5.785
201312 1.278 91.425 2.213
201403 4.093 91.425 7.088
201503 8.897 97.163 14.497
201603 9.593 102.518 14.815
201703 9.053 105.196 13.625
201803 9.640 109.786 13.902
201806 2.275 111.317 3.236
201809 1.573 115.142 2.163
201812 2.290 115.142 3.149
201903 4.420 118.202 5.920
201906 1.870 120.880 2.449
201909 2.280 123.175 2.931
201912 2.520 126.235 3.161
202003 2.760 124.705 3.504
202006 -0.230 127.000 -0.287
202009 1.730 130.118 2.105
202012 1.130 130.889 1.367
202103 4.400 131.771 5.287
202106 2.150 134.084 2.539
202109 1.580 135.847 1.841
202112 1.580 138.161 1.811
202203 2.740 138.822 3.125
202206 3.280 142.347 3.648
202209 2.060 144.661 2.255
202212 2.100 145.763 2.281
202303 2.610 146.865 2.814
202306 3.350 150.280 3.529
202309 3.740 151.492 3.909
202312 3.890 152.924 4.027
202403 4.320 153.035 4.469
202406 3.730 155.789 3.791
202409 3.660 157.882 3.670
202412 3.770 158.323 3.770

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


Balmer Lawrie  (BOM:523319) 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.

Balmer Lawrie's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=189.15/23.75
=7.96

* 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 Balmer Lawrie was 12.27. The lowest was 6.28. And the median was 10.13.


Be Aware

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


Balmer Lawrie E10 Related Terms

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


Balmer Lawrie Business Description

Traded in Other Exchanges
Address
21, Netaji Subhas Road, Kolkata, WB, IND, 700001
Balmer Lawrie & Co Ltd operates through various segments namely Industrial Packaging, Logistics Infrastructure, Logistic Services, Travel and Vacations, Greases and Lubricants, and Others. The company generates a majority of its revenue from the Industrial Packaging segment followed by the Greases and Lubricants segment.

Balmer Lawrie Headlines

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