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Gagan Gases (BOM:524624) E10 : ₹0.76 (As of Sep. 2024)


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What is Gagan Gases 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.

Gagan Gases's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.76 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Gagan Gases's average E10 Growth Rate was 38.20% 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 (2024-12-13), Gagan Gases's current stock price is ₹25.80. Gagan Gases's E10 for the quarter that ended in Sep. 2024 was ₹0.76. Gagan Gases's Shiller PE Ratio of today is 33.95.

During the past 13 years, the highest Shiller PE Ratio of Gagan Gases was 46.27. The lowest was 21.22. And the median was 30.36.


Gagan Gases E10 Historical Data

The historical data trend for Gagan Gases'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.

Gagan Gases E10 Chart

Gagan Gases 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 - -0.16 -0.16 0.51 0.71

Gagan Gases Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.55 0.61 0.67 0.71 0.76

Competitive Comparison of Gagan Gases's E10

For the Oil & Gas Refining & Marketing subindustry, Gagan Gases'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.


Gagan Gases's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gagan Gases's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gagan Gases's Shiller PE Ratio falls into.



Gagan Gases 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, Gagan Gases'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)
=0.17/157.8822*157.8822
=0.170

Current CPI (Sep. 2024) = 157.8822.

Gagan Gases Quarterly Data

per share eps CPI Adj_EPS
201409 0.070 96.780 0.114
201412 0.155 96.780 0.253
201503 0.067 97.163 0.109
201506 0.022 99.841 0.035
201509 0.160 101.753 0.248
201512 0.066 102.901 0.101
201603 0.060 102.518 0.092
201606 -0.040 105.961 -0.060
201609 0.000 105.961 0.000
201612 0.110 105.196 0.165
201703 0.240 105.196 0.360
201706 -0.070 107.109 -0.103
201709 0.022 109.021 0.032
201712 0.044 109.404 0.063
201803 0.100 109.786 0.144
201806 0.010 111.317 0.014
201809 0.010 115.142 0.014
201812 0.180 115.142 0.247
201903 0.110 118.202 0.147
201906 -0.044 120.880 -0.057
201909 0.000 123.175 0.000
201912 0.130 126.235 0.163
202003 0.091 124.705 0.115
202006 -0.110 127.000 -0.137
202009 0.150 130.118 0.182
202012 0.210 130.889 0.253
202103 -0.160 131.771 -0.192
202106 0.040 134.084 0.047
202109 0.140 135.847 0.163
202112 0.280 138.161 0.320
202203 -0.330 138.822 -0.375
202206 0.220 142.347 0.244
202209 -0.001 144.661 -0.001
202212 3.950 145.763 4.278
202303 -0.040 146.865 -0.043
202306 -0.140 150.280 -0.147
202309 0.080 151.492 0.083
202312 0.150 152.924 0.155
202403 0.040 153.035 0.041
202409 0.170 157.882 0.170

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


Gagan Gases  (BOM:524624) 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.

Gagan Gases's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.80/0.76
=33.95

* 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 Gagan Gases was 46.27. The lowest was 21.22. And the median was 30.36.


Be Aware

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


Gagan Gases E10 Related Terms

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


Gagan Gases Business Description

Traded in Other Exchanges
N/A
Address
Scheme No. 78, Plot no 40, Part 2, Vijaynagar, Indore, MP, IND, 452010
Gagan Gases Ltd is an India-based company engaged in the distribution of LPG in the private sector and operates a LPG bottling plant at Pithampur. It is also engaged in providing LPG bottling assistance to other companies.

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