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Apollo Pipes (BOM:531761) E10 : ₹9.22 (As of Mar. 2024)


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What is Apollo Pipes 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.

Apollo Pipes's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹1.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Apollo Pipes's average E10 Growth Rate was 12.60% per year. During the past 3 years, the average E10 Growth Rate was 13.20% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Apollo Pipes was 13.20% per year. The lowest was 13.20% per year. And the median was 13.20% per year.

As of today (2024-06-17), Apollo Pipes's current stock price is ₹669.35. Apollo Pipes's E10 for the quarter that ended in Mar. 2024 was ₹9.22. Apollo Pipes's Shiller PE Ratio of today is 72.60.

During the past 13 years, the highest Shiller PE Ratio of Apollo Pipes was 100.92. The lowest was 29.44. And the median was 70.81.


Apollo Pipes E10 Historical Data

The historical data trend for Apollo Pipes'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.

Apollo Pipes E10 Chart

Apollo Pipes 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 - 6.35 7.21 8.19 9.22

Apollo Pipes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 7.76 8.19 8.76 9.06 9.22

Competitive Comparison of Apollo Pipes's E10

For the Building Products & Equipment subindustry, Apollo Pipes'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.


Apollo Pipes's Shiller PE Ratio Distribution in the Construction Industry

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

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



Apollo Pipes 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, Apollo Pipes'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)
=1.66/153.0345*153.0345
=1.660

Current CPI (Mar. 2024) = 153.0345.

Apollo Pipes Quarterly Data

per share eps CPI Adj_EPS
201403 0.057 91.425 0.095
201406 0.080 94.103 0.130
201409 0.023 96.780 0.036
201412 0.223 96.780 0.353
201503 3.797 97.163 5.980
201506 0.747 99.841 1.145
201509 0.580 101.753 0.872
201512 1.070 102.901 1.591
201603 0.953 102.518 1.423
201606 3.440 105.961 4.968
201609 2.094 105.961 3.024
201612 0.600 105.196 0.873
201703 3.607 105.196 5.247
201706 0.957 107.109 1.367
201709 0.727 109.021 1.020
201712 1.357 109.404 1.898
201803 3.627 109.786 5.056
201806 2.657 111.317 3.653
201809 1.360 115.142 1.808
201812 1.483 115.142 1.971
201903 0.523 118.202 0.677
201906 2.263 120.880 2.865
201909 1.337 123.175 1.661
201912 1.533 126.235 1.858
202003 1.437 124.705 1.763
202006 0.510 127.000 0.615
202009 2.417 130.118 2.843
202012 4.150 130.889 4.852
202103 4.230 131.771 4.913
202106 2.220 134.084 2.534
202109 3.570 135.847 4.022
202112 2.890 138.161 3.201
202203 3.960 138.822 4.365
202206 2.240 142.347 2.408
202209 -1.220 144.661 -1.291
202212 1.240 145.763 1.302
202303 3.820 146.865 3.980
202309 3.200 151.492 3.233
202312 2.260 152.924 2.262
202403 1.660 153.035 1.660

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


Apollo Pipes  (BOM:531761) 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.

Apollo Pipes's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=669.35/9.22
=72.60

* 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 Apollo Pipes was 100.92. The lowest was 29.44. And the median was 70.81.


Be Aware

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


Apollo Pipes E10 Related Terms

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


Apollo Pipes (BOM:531761) Business Description

Traded in Other Exchanges
Address
A-140, Sector 136, Noida, UP, IND, 201301
Apollo Pipes Ltd is engaged in the business of manufacturing a wide variety of pipes and related products used for agriculture, building and construction, and industrial purposes. The product portfolio includes CPVC pipes and fittings, uPVC and fittings (Threaded and Non-Threaded), SWR pipes and fittings, Sewerage pipes, HDPE pipes and fittings, Sprinkler System, uPVC pressure pipes and fittings, uPVC column pipes and Solvent cement.

Apollo Pipes (BOM:531761) Headlines

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