GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Choksi Imaging Ltd (BOM:530427) » Definitions » E10

Choksi Imaging (BOM:530427) E10 : ₹2.21 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Choksi Imaging 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.

Choksi Imaging's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.21 for the trailing ten years ended in Mar. 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 (2024-05-29), Choksi Imaging's current stock price is ₹67.96. Choksi Imaging's E10 for the quarter that ended in Mar. 2024 was ₹2.21. Choksi Imaging's Shiller PE Ratio of today is 30.75.

During the past 13 years, the highest Shiller PE Ratio of Choksi Imaging was 648.57. The lowest was 2.96. And the median was 31.14.


Choksi Imaging E10 Historical Data

The historical data trend for Choksi Imaging'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.

Choksi Imaging E10 Chart

Choksi Imaging 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 - 0.82 -0.29 -0.47 2.21

Choksi Imaging 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 -0.47 0.75 1.45 1.94 2.21

Competitive Comparison of Choksi Imaging's E10

For the Medical Devices subindustry, Choksi Imaging'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.


Choksi Imaging's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Choksi Imaging 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, Choksi Imaging'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)
=0.8/153.0345*153.0345
=0.800

Current CPI (Mar. 2024) = 153.0345.

Choksi Imaging Quarterly Data

per share eps CPI Adj_EPS
201406 1.860 94.103 3.025
201409 -1.090 96.780 -1.724
201412 -2.200 96.780 -3.479
201503 2.510 97.163 3.953
201506 2.710 99.841 4.154
201509 1.540 101.753 2.316
201512 1.640 102.901 2.439
201603 -0.180 102.518 -0.269
201606 0.420 105.961 0.607
201609 0.790 105.961 1.141
201612 0.500 105.196 0.727
201703 0.260 105.196 0.378
201706 0.240 107.109 0.343
201709 1.050 109.021 1.474
201712 2.030 109.404 2.840
201803 -0.010 109.786 -0.014
201806 -0.290 111.317 -0.399
201809 -0.630 115.142 -0.837
201812 1.650 115.142 2.193
201903 1.450 118.202 1.877
201906 0.740 120.880 0.937
201909 -0.220 123.175 -0.273
201912 0.140 126.235 0.170
202003 -2.080 124.705 -2.553
202006 -0.480 127.000 -0.578
202009 3.220 130.118 3.787
202012 2.540 130.889 2.970
202103 -0.390 131.771 -0.453
202106 -0.480 134.084 -0.548
202109 1.190 135.847 1.341
202112 -0.510 138.161 -0.565
202203 -0.350 138.822 -0.386
202206 -0.570 142.347 -0.613
202209 -0.440 144.661 -0.465
202212 -0.320 145.763 -0.336
202303 0.110 146.865 0.115
202306 -0.070 150.280 -0.071
202309 -1.200 151.492 -1.212
202312 -0.700 152.924 -0.701
202403 0.800 153.035 0.800

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


Choksi Imaging  (BOM:530427) 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.

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

Shiller PE Ratio=Share Price/E10
=67.96/2.21
=30.75

* 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 Choksi Imaging was 648.57. The lowest was 2.96. And the median was 31.14.


Be Aware

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


Choksi Imaging E10 Related Terms

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


Choksi Imaging (BOM:530427) Business Description

Traded in Other Exchanges
N/A
Address
Nehru Road, No. 163/164, Choksi Bhuvan, Ville Parle (East), Mumbai, MH, IND, 400057
Choksi Imaging Ltd is an India based company engaged in the manufacturing of photosensitized materials, medical X-rays, and other healthcare products. The company sells and derives revenue from products like X-Ray films, ultrasound, computed radiography systems, speciality X-Ray films, etc. In addition, the company also offers maintenance services for X-Ray processors, equipment, and computer radiography system. The firm provides various photographic, ultrasonic sounds services in association with Protec, Medtron and others.

Choksi Imaging (BOM:530427) Headlines

No Headlines