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Vikas EcoTech (BOM:530961) E10 : ₹0.31 (As of Mar. 2024)


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What is Vikas EcoTech 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.

Vikas EcoTech's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.017. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vikas EcoTech's average E10 Growth Rate was 3.30% 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 (2024-06-19), Vikas EcoTech's current stock price is ₹3.68. Vikas EcoTech's E10 for the quarter that ended in Mar. 2024 was ₹0.31. Vikas EcoTech's Shiller PE Ratio of today is 11.87.

During the past 13 years, the highest Shiller PE Ratio of Vikas EcoTech was 19.52. The lowest was 8.33. And the median was 12.00.


Vikas EcoTech E10 Historical Data

The historical data trend for Vikas EcoTech'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.

Vikas EcoTech E10 Chart

Vikas EcoTech 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 - - 0.29 0.30 0.31

Vikas EcoTech 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 0.30 0.31 0.31 0.31 0.31

Competitive Comparison of Vikas EcoTech's E10

For the Specialty Chemicals subindustry, Vikas EcoTech'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.


Vikas EcoTech's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vikas EcoTech's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Vikas EcoTech's Shiller PE Ratio falls into.



Vikas EcoTech 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, Vikas EcoTech'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)
=0.017/153.0345*153.0345
=0.017

Current CPI (Mar. 2024) = 153.0345.

Vikas EcoTech Quarterly Data

per share eps CPI Adj_EPS
201406 0.022 94.103 0.036
201409 0.043 96.780 0.068
201412 0.019 96.780 0.030
201503 0.000 97.163 0.000
201506 0.019 99.841 0.029
201509 0.081 101.753 0.122
201512 0.273 102.901 0.406
201603 0.248 102.518 0.370
201606 0.223 105.961 0.322
201609 0.180 105.961 0.260
201612 0.180 105.196 0.262
201703 -0.019 105.196 -0.028
201706 0.192 107.109 0.274
201709 0.248 109.021 0.348
201712 0.242 109.404 0.339
201803 -0.043 109.786 -0.060
201806 0.136 111.317 0.187
201809 0.155 115.142 0.206
201812 0.025 115.142 0.033
201903 0.037 118.202 0.048
201906 0.037 120.880 0.047
201909 0.173 123.175 0.215
201912 -0.037 126.235 -0.045
202003 -0.149 124.705 -0.183
202006 -0.118 127.000 -0.142
202009 0.052 130.118 0.061
202012 0.010 130.889 0.012
202103 -0.242 131.771 -0.281
202106 -0.140 134.084 -0.160
202109 0.010 135.847 0.011
202112 0.040 138.161 0.044
202203 0.013 138.822 0.014
202206 0.020 142.347 0.022
202209 0.040 144.661 0.042
202212 0.030 145.763 0.031
202303 0.019 146.865 0.020
202306 0.010 150.280 0.010
202309 0.010 151.492 0.010
202312 0.010 152.924 0.010
202403 0.017 153.035 0.017

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


Vikas EcoTech  (BOM:530961) 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.

Vikas EcoTech's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.68/0.31
=11.87

* 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 Vikas EcoTech was 19.52. The lowest was 8.33. And the median was 12.00.


Be Aware

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


Vikas EcoTech E10 Related Terms

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


Vikas EcoTech (BOM:530961) Business Description

Traded in Other Exchanges
Address
34/1, Vikas Apartments, East Punjabi Bagh, New Delhi, IND, 110026
Vikas EcoTech Ltd is a specialty chemicals company. The company is engaged in the business of manufacturing and distribution of specialty additives including agrochemicals and rubber-plastic and polymer compounds. The Company has identified three business segments which are Infra & Energy, Chemical, Polymers & Special Additives, Real Estate. Its polymer compounds offering includes thermoplastic rubber (TPR), thermoplastic elastomer (TPE), Ethylene Vinyl Acetate (EVA), impact modifiers, Polyethylene (PE), and Polypropylene (PP).

Vikas EcoTech (BOM:530961) Headlines

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