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Engineers India (BOM:532178) E10 : ₹6.58 (As of Dec. 2024)


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What is Engineers India 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.

Engineers India's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹1.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.58 for the trailing ten years ended in Dec. 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 (2025-04-12), Engineers India's current stock price is ₹159.80. Engineers India's E10 for the quarter that ended in Dec. 2024 was ₹6.58. Engineers India's Shiller PE Ratio of today is 24.29.

During the past 13 years, the highest Shiller PE Ratio of Engineers India was 44.98. The lowest was 22.82. And the median was 28.86.


Engineers India E10 Historical Data

The historical data trend for Engineers India'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.

Engineers India E10 Chart

Engineers India 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 - - - - -

Engineers India Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - 6.40 6.51 6.58

Competitive Comparison of Engineers India's E10

For the Engineering & Construction subindustry, Engineers India'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.


Engineers India's Shiller PE Ratio Distribution in the Construction Industry

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

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


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Engineers India 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, Engineers India's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1.94/158.3229*158.3229
=1.940

Current CPI (Dec. 2024) = 158.3229.

Engineers India Quarterly Data

per share eps CPI Adj_EPS
200603 0.000 45.521 0.000
200703 0.000 48.581 0.000
200803 0.000 52.407 0.000
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 1.420 111.317 2.020
201809 1.520 115.142 2.090
201812 1.480 115.142 2.035
201903 1.410 118.202 1.889
201906 1.990 120.880 2.606
201909 1.050 123.175 1.350
201912 1.770 126.235 2.220
202003 1.900 124.705 2.412
202006 0.750 127.000 0.935
202009 1.400 130.118 1.703
202012 1.390 130.889 1.681
202103 0.450 131.771 0.541
202106 0.050 134.084 0.059
202109 0.300 135.847 0.350
202112 0.720 138.161 0.825
202203 1.410 138.822 1.608
202206 0.900 142.347 1.001
202209 1.340 144.661 1.467
202212 0.290 145.763 0.315
202303 3.380 146.865 3.644
202306 2.470 150.280 2.602
202309 2.270 151.492 2.372
202312 1.130 152.924 1.170
202403 2.050 153.035 2.121
202406 1.630 155.789 1.657
202409 1.770 157.882 1.775
202412 1.940 158.323 1.940

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


Engineers India  (BOM:532178) 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.

Engineers India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=159.80/6.58
=24.29

* 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 Engineers India was 44.98. The lowest was 22.82. And the median was 28.86.


Be Aware

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


Engineers India E10 Related Terms

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


Engineers India Business Description

Traded in Other Exchanges
Address
Engineers India Bhavan, 1, Bhikaiji Cama Place, New Delhi, IND, 110 066
Engineers India Ltd is an India-based company that provides engineering consultancy as well as engineering, procurement, and construction services. The company's customers come from sectors including oil and gas, petrochemicals, infrastructure, water and waste management, solar and nuclear power, fertilizers, and so on. Also, the company is involved in businesses that provide certification, third-party inspection services, and technical services through two subsidiaries: Certification Engineers International and EIL Asia Pacific. The company secures the majority of its orders from the Indian domestic market. The Indian government owns a majority stake in the company.

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