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Shalimar Wires Industries (BOM:532455) E10 : ₹6.88 (As of Mar. 2024)


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What is Shalimar Wires Industries 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.

Shalimar Wires Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shalimar Wires Industries's average E10 Growth Rate was 3.50% per year. During the past 3 years, the average E10 Growth Rate was -22.00% 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 Shalimar Wires Industries was -22.00% per year. The lowest was -22.00% per year. And the median was -22.00% per year.

As of today (2024-06-07), Shalimar Wires Industries's current stock price is ₹22.29. Shalimar Wires Industries's E10 for the quarter that ended in Mar. 2024 was ₹6.88. Shalimar Wires Industries's Shiller PE Ratio of today is 3.24.

During the past 13 years, the highest Shiller PE Ratio of Shalimar Wires Industries was 4.00. The lowest was 0.16. And the median was 1.69.


Shalimar Wires Industries E10 Historical Data

The historical data trend for Shalimar Wires Industries'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.

Shalimar Wires Industries E10 Chart

Shalimar Wires Industries 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 - 14.48 6.63 6.65 6.88

Shalimar Wires Industries 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 6.65 6.75 6.82 6.97 6.88

Competitive Comparison of Shalimar Wires Industries's E10

For the Paper & Paper Products subindustry, Shalimar Wires Industries'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.


Shalimar Wires Industries's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shalimar Wires Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shalimar Wires Industries's Shiller PE Ratio falls into.



Shalimar Wires Industries 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, Shalimar Wires Industries'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)
=-0.03/153.0345*153.0345
=-0.030

Current CPI (Mar. 2024) = 153.0345.

Shalimar Wires Industries Quarterly Data

per share eps CPI Adj_EPS
201406 0.060 94.103 0.098
201409 -0.160 96.780 -0.253
201412 -0.210 96.780 -0.332
201503 0.150 97.163 0.236
201506 -0.390 99.841 -0.598
201509 -0.030 101.753 -0.045
201512 0.220 102.901 0.327
201603 0.130 102.518 0.194
201606 -0.160 105.961 -0.231
201609 0.080 105.961 0.116
201612 -0.074 105.196 -0.108
201703 5.900 105.196 8.583
201706 0.060 107.109 0.086
201709 0.090 109.021 0.126
201712 11.710 109.404 16.380
201803 37.110 109.786 51.729
201806 -1.600 111.317 -2.200
201809 0.070 115.142 0.093
201812 0.270 115.142 0.359
201903 -1.600 118.202 -2.071
201906 0.130 120.880 0.165
201909 0.080 123.175 0.099
201912 0.080 126.235 0.097
202003 -1.070 124.705 -1.313
202006 -0.910 127.000 -1.097
202009 -0.820 130.118 -0.964
202012 -0.650 130.889 -0.760
202103 -1.510 131.771 -1.754
202106 -0.970 134.084 -1.107
202109 -0.950 135.847 -1.070
202112 -0.350 138.161 -0.388
202203 2.250 138.822 2.480
202206 0.010 142.347 0.011
202209 0.280 144.661 0.296
202212 0.250 145.763 0.262
202303 0.980 146.865 1.021
202306 0.220 150.280 0.224
202309 0.400 151.492 0.404
202312 -0.260 152.924 -0.260
202403 -0.030 153.035 -0.030

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


Shalimar Wires Industries  (BOM:532455) 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.

Shalimar Wires Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.29/6.88
=3.24

* 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 Shalimar Wires Industries was 4.00. The lowest was 0.16. And the median was 1.69.


Be Aware

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


Shalimar Wires Industries E10 Related Terms

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


Shalimar Wires Industries (BOM:532455) Business Description

Traded in Other Exchanges
N/A
Address
25, Ganesh Chandra Avenue, 2nd Floor, Kolkata, WB, IND, 700013
Shalimar Wires Industries Ltd manufactures paper mill products. Its products portfolio includes Forming Fabric, Metallic Wire Cloth, Dandy Roll. It also manufactures coated Edm wires and Plain Edm wires. Its segments are Paper Mill Product and EDM Wire. The majority of the revenue is derived from the sale of paper mill products.

Shalimar Wires Industries (BOM:532455) Headlines

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