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Shree Pacetronix (BOM:527005) E10 : ₹2.12 (As of Mar. 2024)


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What is Shree Pacetronix 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.

Shree Pacetronix's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹9.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shree Pacetronix's average E10 Growth Rate was 69.60% per year. During the past 3 years, the average E10 Growth Rate was 131.90% per year. During the past 5 years, the average E10 Growth Rate was 174.70% 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 Shree Pacetronix was 246.70% per year. The lowest was 34.40% per year. And the median was 151.65% per year.

As of today (2024-06-20), Shree Pacetronix's current stock price is ₹ 215.00. Shree Pacetronix's E10 for the fiscal year that ended in Mar. 2024 was ₹2.12. Shree Pacetronix's Shiller PE Ratio of today is 101.42.

During the past 13 years, the highest Shiller PE Ratio of Shree Pacetronix was 643.00. The lowest was 41.75. And the median was 111.20.


Shree Pacetronix E10 Historical Data

The historical data trend for Shree Pacetronix'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.

Shree Pacetronix E10 Chart

Shree Pacetronix 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 0.03 0.17 0.40 1.25 2.12

Shree Pacetronix Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.25 - - - 2.12

Competitive Comparison of Shree Pacetronix's E10

For the Medical Instruments & Supplies subindustry, Shree Pacetronix'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.


Shree Pacetronix's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shree Pacetronix's Shiller PE Ratio distribution charts can be found below:

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



Shree Pacetronix 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, Shree Pacetronix's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.33/153.0345*153.0345
=9.330

Current CPI (Mar. 2024) = 153.0345.

Shree Pacetronix Annual Data

per_share_eps CPI Adj_EPS
201503 -0.170 97.163 -0.268
201603 -0.240 102.518 -0.358
201703 -0.900 105.196 -1.309
201803 0.370 109.786 0.516
201903 0.390 118.202 0.505
202003 0.660 124.705 0.810
202103 0.150 131.771 0.174
202203 2.170 138.822 2.392
202303 9.060 146.865 9.441
202403 9.330 153.035 9.330

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


Shree Pacetronix  (BOM:527005) 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.

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

Shiller PE Ratio=Share Price/E10
=215.00/2.12
=101.42

* 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 Shree Pacetronix was 643.00. The lowest was 41.75. And the median was 111.20.


Be Aware

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


Shree Pacetronix E10 Related Terms

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


Shree Pacetronix (BOM:527005) Business Description

Traded in Other Exchanges
N/A
Address
Plot Number 15, Sector II, Industrial Area, District Dhar, Pithampur, MP, IND, 454775
Shree Pacetronix Ltd is engaged in the manufacturing of medical and surgical equipment and orthopedic appliances. It is in the business of manufacturing and selling Implantable Cardiac Pacemakers. Pacemakers are anti-bradycardia implantable devices intended for permanent ventricular or atrial pacing applications. The Company is engaged in only one segment i.e. manufacturing of pacemakers. It sells its life-saving devices in India and internationally, of which the majority of revenue is generated from the sales made in India.

Shree Pacetronix (BOM:527005) Headlines

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