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Axtel Industries (BOM:523850) E10 : ₹9.88 (As of Sep. 2024)


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What is Axtel Industries 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.

Axtel Industries's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹3.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.88 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Axtel Industries's average E10 Growth Rate was 35.20% per year. During the past 3 years, the average E10 Growth Rate was 18.00% 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 Axtel Industries was 18.00% per year. The lowest was 18.00% per year. And the median was 18.00% per year.

As of today (2024-12-15), Axtel Industries's current stock price is ₹499.85. Axtel Industries's E10 for the quarter that ended in Sep. 2024 was ₹9.88. Axtel Industries's Shiller PE Ratio of today is 50.59.

During the past 13 years, the highest Shiller PE Ratio of Axtel Industries was 100.03. The lowest was 37.63. And the median was 60.57.


Axtel Industries E10 Historical Data

The historical data trend for Axtel Industries'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.

Axtel Industries E10 Chart

Axtel Industries 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 - 4.81 5.31 6.10 7.90

Axtel Industries 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 7.27 7.90 7.90 8.74 9.88

Competitive Comparison of Axtel Industries's E10

For the Specialty Industrial Machinery subindustry, Axtel Industries'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.


Axtel Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Axtel Industries's Shiller PE Ratio falls into.



Axtel Industries 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, Axtel Industries'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)
=3.65/157.8822*157.8822
=3.650

Current CPI (Sep. 2024) = 157.8822.

Axtel Industries Quarterly Data

per share eps CPI Adj_EPS
201412 1.000 96.780 1.631
201503 0.670 97.163 1.089
201506 -2.340 99.841 -3.700
201509 2.360 101.753 3.662
201512 -0.012 102.901 -0.018
201603 0.710 102.518 1.093
201606 1.280 105.961 1.907
201609 0.600 105.961 0.894
201612 0.710 105.196 1.066
201703 1.630 105.196 2.446
201706 0.630 107.109 0.929
201709 1.090 109.021 1.579
201712 0.040 109.404 0.058
201803 1.520 109.786 2.186
201806 1.250 111.317 1.773
201809 3.350 115.142 4.594
201812 3.440 115.142 4.717
201903 -0.020 118.202 -0.027
201906 0.440 120.880 0.575
201909 2.130 123.175 2.730
201912 2.750 126.235 3.439
202003 1.420 124.705 1.798
202006 4.150 127.000 5.159
202009 3.340 130.118 4.053
202012 4.330 130.889 5.223
202103 1.360 131.771 1.629
202106 1.870 134.084 2.202
202109 1.270 135.847 1.476
202112 1.200 138.161 1.371
202203 4.210 138.822 4.788
202206 -0.410 142.347 -0.455
202209 2.890 144.661 3.154
202212 1.370 145.763 1.484
202303 6.860 146.865 7.375
202306 3.290 150.280 3.456
202309 7.380 151.492 7.691
202312 5.930 152.924 6.122
202403 3.290 153.035 3.394
202406 2.540 155.789 2.574
202409 3.650 157.882 3.650

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


Axtel Industries  (BOM:523850) 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.

Axtel Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=499.85/9.88
=50.59

* 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 Axtel Industries was 100.03. The lowest was 37.63. And the median was 60.57.


Be Aware

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


Axtel Industries E10 Related Terms

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


Axtel Industries Business Description

Traded in Other Exchanges
N/A
Address
Vadodara-Halol Highway, Baska, Plot No. 43/1, Village Nurpura, District Panchmahal, Halol, GJ, IND, 389350
Axtel Industries Ltd is engaged in engineering process equipment for the food industry. The company is involved in turnkey systems, product development, and customer service. The business of the company operates in one segment which is Manufacturing Food Processing Instruments. The company derives revenue from the sale of machinery i.e. manufactured goods and related services. The product line of the company consists of solids handling, storage and discharge, sieving and straining, cleaning and grading, size reduction, mixing and blending, and specialized process equipment.

Axtel Industries Headlines

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