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Orient Bell (BOM:530365) E10 : ₹12.42 (As of Mar. 2024)


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What is Orient Bell 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.

Orient Bell's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹3.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹12.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Orient Bell's average E10 Growth Rate was -0.20% 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 (2024-06-21), Orient Bell's current stock price is ₹377.30. Orient Bell's E10 for the quarter that ended in Mar. 2024 was ₹12.42. Orient Bell's Shiller PE Ratio of today is 30.38.

During the past 13 years, the highest Shiller PE Ratio of Orient Bell was 62.07. The lowest was 27.10. And the median was 41.99.


Orient Bell E10 Historical Data

The historical data trend for Orient Bell'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.

Orient Bell E10 Chart

Orient Bell 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 - - 12.92 12.44 12.42

Orient Bell 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 12.44 12.24 12.28 12.13 12.42

Competitive Comparison of Orient Bell's E10

For the Building Products & Equipment subindustry, Orient Bell'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.


Orient Bell's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Orient Bell's Shiller PE Ratio distribution charts can be found below:

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



Orient Bell 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, Orient Bell's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.38/153.0345*153.0345
=3.380

Current CPI (Mar. 2024) = 153.0345.

Orient Bell Quarterly Data

per share eps CPI Adj_EPS
201406 0.111 94.103 0.181
201409 0.604 96.780 0.955
201412 0.921 96.780 1.456
201503 1.848 97.163 2.911
201506 0.010 99.841 0.015
201509 1.060 101.753 1.594
201512 1.170 102.901 1.740
201603 2.300 102.518 3.433
201606 0.630 105.961 0.910
201609 2.290 105.961 3.307
201612 1.750 105.196 2.546
201703 2.910 105.196 4.233
201706 16.520 107.109 23.603
201709 2.480 109.021 3.481
201712 2.840 109.404 3.973
201803 6.290 109.786 8.768
201806 0.570 111.317 0.784
201809 3.040 115.142 4.040
201812 1.060 115.142 1.409
201903 1.880 118.202 2.434
201906 0.350 120.880 0.443
201909 0.490 123.175 0.609
201912 0.490 126.235 0.594
202003 3.598 124.705 4.415
202006 -7.990 127.000 -9.628
202009 2.300 130.118 2.705
202012 5.210 130.889 6.091
202103 5.720 131.771 6.643
202106 -3.570 134.084 -4.075
202109 5.670 135.847 6.387
202112 7.980 138.161 8.839
202203 11.470 138.822 12.644
202206 4.750 142.347 5.107
202209 4.070 144.661 4.306
202212 2.130 145.763 2.236
202303 4.330 146.865 4.512
202306 -0.900 150.280 -0.916
202309 0.470 151.492 0.475
202312 -2.310 152.924 -2.312
202403 3.380 153.035 3.380

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


Orient Bell  (BOM:530365) 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.

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

Shiller PE Ratio=Share Price/E10
=377.30/12.42
=30.38

* 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 Orient Bell was 62.07. The lowest was 27.10. And the median was 41.99.


Be Aware

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


Orient Bell E10 Related Terms

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


Orient Bell (BOM:530365) Business Description

Traded in Other Exchanges
Address
Iris House, 16, Business Centre, Nangal Raya, New Delhi, IND, 110 046
Orient Bell Ltd is engaged in manufacturing, trading, and selling of ceramic and floor tiles. The firm's products are floor tiles, school tiles, wall tiles, paver tiles, and others. It generates revenue from the sale of its finished goods. Geographically, the company generates a majority of its revenue within India.

Orient Bell (BOM:530365) Headlines

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