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NMDC (BOM:526371) E10 : ₹26.64 (As of Dec. 2024)


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What is NMDC 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.

NMDC's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹2.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹26.64 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), NMDC's current stock price is ₹65.08. NMDC's E10 for the quarter that ended in Dec. 2024 was ₹26.64. NMDC's Shiller PE Ratio of today is 2.44.

During the past 13 years, the highest Shiller PE Ratio of NMDC was 3.12. The lowest was 2.32. And the median was 2.70.


NMDC E10 Historical Data

The historical data trend for NMDC'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.

NMDC E10 Chart

NMDC 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 - - - - -

NMDC 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 - - 26.96 27.04 26.64

Competitive Comparison of NMDC's E10

For the Steel subindustry, NMDC'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.


NMDC's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, NMDC's Shiller PE Ratio distribution charts can be found below:

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


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NMDC 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, NMDC'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)
=2.14/158.3229*158.3229
=2.140

Current CPI (Dec. 2024) = 158.3229.

NMDC Quarterly Data

per share eps CPI Adj_EPS
200803 8.200 52.407 24.773
200903 11.030 56.615 30.845
201003 8.690 65.030 21.157
201103 16.390 70.768 36.668
201112 1.563 75.359 3.284
201203 1.383 76.889 2.848
201212 1.087 83.774 2.054
201303 1.227 85.687 2.267
201403 16.070 91.425 27.829
201503 16.010 97.163 26.088
201603 6.420 102.518 9.915
201703 7.100 105.196 10.686
201803 12.030 109.786 17.348
201806 1.020 111.317 1.451
201809 0.667 115.142 0.917
201812 1.653 115.142 2.273
201903 1.553 118.202 2.080
201906 1.277 120.880 1.673
201909 0.753 123.175 0.968
201912 0.517 126.235 0.648
202003 0.373 124.705 0.474
202006 0.577 127.000 0.719
202009 0.820 130.118 0.998
202012 2.350 130.889 2.843
202103 3.153 131.771 3.788
202106 3.623 134.084 4.278
202109 2.647 135.847 3.085
202112 2.330 138.161 2.670
202203 2.123 138.822 2.421
202206 1.643 142.347 1.827
202209 1.107 144.661 1.212
202212 1.037 145.763 1.126
202303 2.583 146.865 2.785
202306 1.880 150.280 1.981
202309 1.167 151.492 1.220
202312 1.690 152.924 1.750
202403 1.610 153.035 1.666
202406 2.240 155.789 2.276
202409 1.377 157.882 1.381
202412 2.140 158.323 2.140

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


NMDC  (BOM:526371) 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.

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

Shiller PE Ratio=Share Price/E10
=65.08/26.64
=2.44

* 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 NMDC was 3.12. The lowest was 2.32. And the median was 2.70.


Be Aware

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


NMDC E10 Related Terms

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


NMDC Business Description

Traded in Other Exchanges
Address
Castle Hills, 10-3-311/A, Khanij Bhavan, Masab Tank, Hyderabad, TG, IND, 500028
NMDC Ltd is engaged in the mining of a wide range of minerals, including iron ore, copper, sponge iron, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands. The company also owns a windmill project in Karnataka. Its business segments include Iron ore, and All others (Pellets, Other Minerals & Services). The iron ore segment accounts for a majority of its revenue. Geographically, the company generates the majority of its revenue from the Indian domestic market.

NMDC Headlines

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