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NTC Industries (BOM:526723) E10 : ₹6.70 (As of Dec. 2024)


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What is NTC 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.

NTC Industries's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹1.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.70 for the trailing ten years ended in Dec. 2024.

During the past 12 months, NTC Industries's average E10 Growth Rate was 4.00% 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.

As of today (2025-03-31), NTC Industries's current stock price is ₹193.05. NTC Industries's E10 for the quarter that ended in Dec. 2024 was ₹6.70. NTC Industries's Shiller PE Ratio of today is 28.81.

During the past 13 years, the highest Shiller PE Ratio of NTC Industries was 44.69. The lowest was 12.53. And the median was 18.51.


NTC Industries E10 Historical Data

The historical data trend for NTC 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.

NTC Industries E10 Chart

NTC 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 - - 4.77 5.67 6.13

NTC Industries 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 6.44 6.13 6.03 6.25 6.70

Competitive Comparison of NTC Industries's E10

For the Tobacco subindustry, NTC 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.


NTC Industries's Shiller PE Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, NTC Industries's Shiller PE Ratio distribution charts can be found below:

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


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NTC 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, NTC Industries'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)
=1.74/158.3229*158.3229
=1.740

Current CPI (Dec. 2024) = 158.3229.

NTC Industries Quarterly Data

per share eps CPI Adj_EPS
201406 0.610 94.103 1.026
201409 0.760 96.780 1.243
201412 0.480 96.780 0.785
201503 0.060 97.163 0.098
201506 0.610 99.841 0.967
201509 0.600 101.753 0.934
201512 0.890 102.901 1.369
201603 -0.500 102.518 -0.772
201606 0.690 105.961 1.031
201609 0.940 105.961 1.405
201612 0.470 105.196 0.707
201703 0.970 105.196 1.460
201803 3.420 109.786 4.932
201806 2.180 111.317 3.101
201809 1.720 115.142 2.365
201812 2.770 115.142 3.809
201903 1.340 118.202 1.795
201906 -0.040 120.880 -0.052
201909 0.920 123.175 1.183
201912 1.820 126.235 2.283
202003 1.390 124.705 1.765
202006 1.670 127.000 2.082
202009 3.520 130.118 4.283
202012 3.450 130.889 4.173
202103 -1.170 131.771 -1.406
202106 1.710 134.084 2.019
202109 2.510 135.847 2.925
202112 2.030 138.161 2.326
202203 1.300 138.822 1.483
202206 2.460 142.347 2.736
202209 5.220 144.661 5.713
202212 1.030 145.763 1.119
202303 -0.950 146.865 -1.024
202306 2.910 150.280 3.066
202309 2.460 151.492 2.571
202312 1.060 152.924 1.097
202403 -2.180 153.035 -2.255
202406 1.270 155.789 1.291
202409 1.640 157.882 1.645
202412 1.740 158.323 1.740

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


NTC Industries  (BOM:526723) 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.

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

Shiller PE Ratio=Share Price/E10
=193.05/6.70
=28.81

* 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 NTC Industries was 44.69. The lowest was 12.53. And the median was 18.51.


Be Aware

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


NTC Industries E10 Related Terms

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


NTC Industries Business Description

Traded in Other Exchanges
N/A
Address
149, B.T. Road, P.O. Kamarhati, Kolkata, WB, IND, 700058
NTC Industries Ltd engages in the manufacture of cigarettes and tobacco products. It offers filters, mentholated cigarettes, smoking mixtures, and pipe tobacco. Its products are marketed under the following brands: Royal king Golden king-size, DOS NTC, Elpatron, MayPole, and Jaipur. The company has a presence in southern America, African, and Middle Eastern countries. The company generates revenue from rental income, the sale of cylinder, and FMCG - Cigarettes, where the majority is being generated from the sale of Cigarettes. Geographically the company generates the majority of its revenue from India.

NTC Industries Headlines

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