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Alchemist (BOM:531409) E10 : ₹-1.12 (As of Mar. 2024)


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What is Alchemist 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.

Alchemist's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-1.12 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 (2024-06-05), Alchemist's current stock price is ₹15.00. Alchemist's E10 for the quarter that ended in Mar. 2024 was ₹-1.12. Alchemist's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Alchemist was 698.67. The lowest was 1.37. And the median was 7.53.


Alchemist E10 Historical Data

The historical data trend for Alchemist'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.

Alchemist E10 Chart

Alchemist 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 - 1.52 -1.15 -1.16 -1.12

Alchemist 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 -1.16 -1.18 -1.20 -1.21 -1.12

Competitive Comparison of Alchemist's E10

For the Conglomerates subindustry, Alchemist'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.


Alchemist's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alchemist's Shiller PE Ratio distribution charts can be found below:

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



Alchemist 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, Alchemist'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)
=0.49/153.0345*153.0345
=0.490

Current CPI (Mar. 2024) = 153.0345.

Alchemist Quarterly Data

per share eps CPI Adj_EPS
201406 -0.080 94.103 -0.130
201409 -0.070 96.780 -0.111
201412 -0.040 96.780 -0.063
201503 -0.110 97.163 -0.173
201506 -0.080 99.841 -0.123
201509 -0.080 101.753 -0.120
201512 -0.120 102.901 -0.178
201603 -0.220 102.518 -0.328
201606 -0.270 105.961 -0.390
201609 -0.230 105.961 -0.332
201612 -0.075 105.196 -0.109
201703 -0.800 105.196 -1.164
201706 -0.150 107.109 -0.214
201709 -0.120 109.021 -0.168
201712 0.260 109.404 0.364
201803 0.030 109.786 0.042
201806 0.100 111.317 0.137
201809 0.030 115.142 0.040
201812 0.107 115.142 0.142
201903 -0.129 118.202 -0.167
201906 0.001 120.880 0.001
201909 0.010 123.175 0.012
201912 0.140 126.235 0.170
202003 -0.070 124.705 -0.086
202006 0.080 127.000 0.096
202009 -0.030 130.118 -0.035
202012 0.050 130.889 0.058
202103 -3.990 131.771 -4.634
202106 -0.030 134.084 -0.034
202109 -0.010 135.847 -0.011
202112 -0.120 138.161 -0.133
202203 -3.020 138.822 -3.329
202206 -0.010 142.347 -0.011
202209 0.003 144.661 0.003
202212 -0.180 145.763 -0.189
202303 -0.180 146.865 -0.188
202306 -0.080 150.280 -0.081
202309 -0.150 151.492 -0.152
202312 -0.130 152.924 -0.130
202403 0.490 153.035 0.490

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


Alchemist  (BOM:531409) 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.

During the past 13 years, the highest Shiller P/E Ratio of Alchemist was 698.67. The lowest was 1.37. And the median was 7.53.


Be Aware

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


Alchemist E10 Related Terms

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


Alchemist (BOM:531409) Business Description

Traded in Other Exchanges
N/A
Address
Khirki Extention Main Road, R-4, Unit 103, First Floor, Malviya Nagar, New Delhi, IND, 110017
Alchemist Corp Ltd exports gold jewellery and handicrafts of non-ferrous metals items in India. The company is engaged in the business as advisory, trading, investor in real estate, exporter of gold jewellery, handicraft and business management consultancy in India and abroad, and allied services. The company, through its subsidiary, provides outsourcing services.

Alchemist (BOM:531409) Headlines

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