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Deco-Mica (BOM:531227) E10 : ₹4.40 (As of Mar. 2024)


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What is Deco-Mica 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.

Deco-Mica's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹3.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Deco-Mica's average E10 Growth Rate was 6.30% per year. During the past 3 years, the average E10 Growth Rate was 5.30% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Deco-Mica was 5.30% per year. The lowest was 5.30% per year. And the median was 5.30% per year.

As of today (2024-06-20), Deco-Mica's current stock price is ₹103.35. Deco-Mica's E10 for the quarter that ended in Mar. 2024 was ₹4.40. Deco-Mica's Shiller PE Ratio of today is 23.49.

During the past 13 years, the highest Shiller PE Ratio of Deco-Mica was 23.86. The lowest was 2.17. And the median was 9.62.


Deco-Mica E10 Historical Data

The historical data trend for Deco-Mica'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.

Deco-Mica E10 Chart

Deco-Mica 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 - 3.77 3.82 4.14 4.40

Deco-Mica 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 4.14 4.12 4.20 4.10 4.40

Competitive Comparison of Deco-Mica's E10

For the Paper & Paper Products subindustry, Deco-Mica'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.


Deco-Mica's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Deco-Mica's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Deco-Mica's Shiller PE Ratio falls into.



Deco-Mica 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, Deco-Mica'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)
=3.96/153.0345*153.0345
=3.960

Current CPI (Mar. 2024) = 153.0345.

Deco-Mica Quarterly Data

per share eps CPI Adj_EPS
201406 0.480 94.103 0.781
201409 0.470 96.780 0.743
201412 1.200 96.780 1.898
201503 0.760 97.163 1.197
201506 0.670 99.841 1.027
201509 1.170 101.753 1.760
201512 0.070 102.901 0.104
201603 0.074 102.518 0.110
201606 0.210 105.961 0.303
201609 0.500 105.961 0.722
201612 0.461 105.196 0.671
201703 1.124 105.196 1.635
201706 1.070 107.109 1.529
201709 1.500 109.021 2.106
201712 1.190 109.404 1.665
201803 0.232 109.786 0.323
201806 1.000 111.317 1.375
201809 0.880 115.142 1.170
201812 1.190 115.142 1.582
201903 0.300 118.202 0.388
201906 1.000 120.880 1.266
201909 1.380 123.175 1.715
201912 0.790 126.235 0.958
202003 -1.100 124.705 -1.350
202006 0.510 127.000 0.615
202009 0.630 130.118 0.741
202012 1.390 130.889 1.625
202103 0.630 131.771 0.732
202106 0.850 134.084 0.970
202109 0.860 135.847 0.969
202112 3.350 138.161 3.711
202203 -0.240 138.822 -0.265
202206 0.980 142.347 1.054
202209 0.990 144.661 1.047
202212 1.040 145.763 1.092
202303 2.420 146.865 2.522
202306 0.260 150.280 0.265
202309 1.370 151.492 1.384
202312 -0.080 152.924 -0.080
202403 3.960 153.035 3.960

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


Deco-Mica  (BOM:531227) 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.

Deco-Mica's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=103.35/4.4
=23.49

* 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 Deco-Mica was 23.86. The lowest was 2.17. And the median was 9.62.


Be Aware

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


Deco-Mica E10 Related Terms

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


Deco-Mica (BOM:531227) Business Description

Traded in Other Exchanges
N/A
Address
Iscon Mall, Jodhpur Cross Road, 306, 3rd Floor, Star Bazar Building, Satellite, Ahmedabad, GJ, IND, 380015
Deco-Mica Ltd is an Indian-based company. It is principally engaged in the manufacturing business of decorative laminated sheets, Cut pieces, Industrial Insulator Boards, and Trading of goods. The company operates in the Indian markets as well as exports overseas to other countries. Geographically, it derives a majority of revenue from India.

Deco-Mica (BOM:531227) Headlines

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