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Dredging of India (BOM:523618) E10 : ₹4.98 (As of Dec. 2023)


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What is Dredging of 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.

Dredging of India's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹9.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.98 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dredging of India's average E10 Growth Rate was -14.10% per year. During the past 3 years, the average E10 Growth Rate was -58.90% 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 Dredging of India was -58.90% per year. The lowest was -58.90% per year. And the median was -58.90% per year.

As of today (2024-05-21), Dredging of India's current stock price is ₹826.75. Dredging of India's E10 for the quarter that ended in Dec. 2023 was ₹4.98. Dredging of India's Shiller PE Ratio of today is 166.01.

During the past 13 years, the highest Shiller PE Ratio of Dredging of India was 170.48. The lowest was 2.21. And the median was 58.08.


Dredging of India E10 Historical Data

The historical data trend for Dredging of 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.

Dredging of India E10 Chart

Dredging of 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 - 68.61 12.52 5.18 4.77

Dredging of 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 5.81 4.77 4.81 4.86 4.98

Competitive Comparison of Dredging of India's E10

For the Engineering & Construction subindustry, Dredging of 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.


Dredging of India's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dredging of India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dredging of India's Shiller PE Ratio falls into.



Dredging of 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, Dredging of 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)
=9.72/152.9243*152.9243
=9.720

Current CPI (Dec. 2023) = 152.9243.

Dredging of India Quarterly Data

per share eps CPI Adj_EPS
201403 0.920 91.425 1.539
201406 3.980 94.103 6.468
201409 1.160 96.780 1.833
201412 2.600 96.780 4.108
201503 14.550 97.163 22.900
201506 8.390 99.841 12.851
201509 7.420 101.753 11.151
201512 -7.010 102.901 -10.418
201603 6.690 102.518 9.979
201606 1.429 105.961 2.062
201609 -5.130 105.961 -7.404
201612 5.010 105.196 7.283
201703 1.240 105.196 1.803
201706 1.420 107.109 2.027
201709 6.640 109.021 9.314
201712 -8.040 109.404 -11.238
201803 6.108 109.786 8.508
201806 1.020 111.317 1.401
201809 -28.270 115.142 -37.546
201812 3.500 115.142 4.648
201903 37.330 118.202 48.296
201906 0.290 120.880 0.367
201909 -7.960 123.175 -9.883
201912 11.200 126.235 13.568
202003 -1.560 124.705 -1.913
202006 4.090 127.000 4.925
202009 -16.950 130.118 -19.921
202012 -9.150 130.889 -10.690
202103 -37.990 131.771 -44.089
202106 -8.110 134.084 -9.250
202109 -1.420 135.847 -1.599
202112 10.220 138.161 11.312
202203 0.433 138.822 0.477
202206 -5.610 142.347 -6.027
202209 10.220 144.661 10.804
202212 4.940 145.763 5.183
202303 -4.130 146.865 -4.300
202306 5.410 150.280 5.505
202309 5.990 151.492 6.047
202312 9.720 152.924 9.720

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


Dredging of India  (BOM:523618) 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.

Dredging of India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=826.75/4.98
=166.01

* 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 Dredging of India was 170.48. The lowest was 2.21. And the median was 58.08.


Be Aware

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


Dredging of India E10 Related Terms

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


Dredging of India (BOM:523618) Business Description

Traded in Other Exchanges
Address
HB Colony Main Road, Dredge House, Seethammadhara, Visakhapatnam, AP, IND, 530022
Dredging Corp of India Ltd is an Indian-based company engaged in providing the services of Capital Dredging, Maintenance Dredging, Beach Nourishment, Land Reclamation, Shallow water Dredging, Project Management Consultancy, and Marine Construction. It provides dredging services to ports, the Indian Navy, fishing harbors, and other maritime organizations. It operates in a single segment of dredging services and generates its income from such services.

Dredging of India (BOM:523618) Headlines

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