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Electrotherm (India) (BOM:526608) E10 : ₹-64.36 (As of Jun. 2024)


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What is Electrotherm (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.

Electrotherm (India)'s adjusted earnings per share data for the three months ended in Jun. 2024 was ₹85.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-64.36 for the trailing ten years ended in Jun. 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 (2024-09-21), Electrotherm (India)'s current stock price is ₹995.20. Electrotherm (India)'s E10 for the quarter that ended in Jun. 2024 was ₹-64.36. Electrotherm (India)'s Shiller PE Ratio of today is .


Electrotherm (India) E10 Historical Data

The historical data trend for Electrotherm (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.

Electrotherm (India) E10 Chart

Electrotherm (India) 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 - - - - -61.62

Electrotherm (India) Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - -61.62 -64.36

Competitive Comparison of Electrotherm (India)'s E10

For the Steel subindustry, Electrotherm (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.


Electrotherm (India)'s Shiller PE Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Electrotherm (India)'s Shiller PE Ratio falls into.



Electrotherm (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, Electrotherm (India)'s adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=85.46/155.7889*155.7889
=85.460

Current CPI (Jun. 2024) = 155.7889.

Electrotherm (India) Quarterly Data

per share eps CPI Adj_EPS
200603 35.540 45.521 121.630
200703 46.510 48.581 149.146
200803 53.270 52.407 158.355
200903 46.180 56.615 127.076
201003 45.730 65.030 109.552
201103 7.820 70.768 17.215
201206 -142.580 79.567 -279.168
201209 0.000 82.244 0.000
201306 -31.260 88.365 -55.112
201309 -114.520 91.042 -195.963
201403 -165.978 91.425 -282.828
201503 -416.710 97.163 -668.144
201603 -156.680 102.518 -238.094
201703 -71.866 105.196 -106.429
201803 2.330 109.786 3.306
201806 6.900 111.317 9.657
201809 11.410 115.142 15.438
201812 36.260 115.142 49.060
201903 56.780 118.202 74.835
201906 29.590 120.880 38.135
201909 21.530 123.175 27.231
201912 5.800 126.235 7.158
202003 -37.990 124.705 -47.459
202006 -38.950 127.000 -47.779
202009 -15.420 130.118 -18.462
202012 36.880 130.889 43.896
202103 56.340 131.771 66.609
202106 17.390 134.084 20.205
202109 -20.570 135.847 -23.590
202112 -10.660 138.161 -12.020
202203 -17.830 138.822 -20.009
202206 -35.100 142.347 -38.414
202209 -12.540 144.661 -13.505
202212 5.740 145.763 6.135
202303 32.630 146.865 34.613
202306 30.370 150.280 31.483
202309 53.010 151.492 54.514
202312 84.050 152.924 85.624
202403 81.650 153.035 83.120
202406 85.460 155.789 85.460

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


Electrotherm (India)  (BOM:526608) 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.


Be Aware

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


Electrotherm (India) E10 Related Terms

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


Electrotherm (India) Business Description

Traded in Other Exchanges
Address
Survey Number 72, Taluka Kalol, Palodia, Via Thaltej, Gandhinagar, Ahmedabad, GJ, IND, 382115
Electrotherm (India) Ltd is an Indian company involved in the metal fabrication business sector. The company manufactures induction furnaces, casting machines, transformers, sponge and pig iron, ferrous and non-ferrous billets/ bars/ ingots, ductile iron pipes, transmission line towers, battery-operated vehicles and services relating to steel melting, and other capital equipment. The operating segments of the company include Engineering and Technology, Special Steel, Electric Vehicles, and Others. The company generates maximum revenue from the Special Steel segment. Geographically, the company derives revenue from India.

Electrotherm (India) Headlines

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