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Impex Ferro Tech (BOM:532614) E10 : ₹-7.82 (As of Dec. 2023)


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What is Impex Ferro Tech 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.

Impex Ferro Tech's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-7.82 for the trailing ten years ended in Dec. 2023.

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 (2024-06-20), Impex Ferro Tech's current stock price is ₹3.75. Impex Ferro Tech's E10 for the quarter that ended in Dec. 2023 was ₹-7.82. Impex Ferro Tech's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Impex Ferro Tech was 0.32. The lowest was 0.18. And the median was 0.25.


Impex Ferro Tech E10 Historical Data

The historical data trend for Impex Ferro Tech'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.

Impex Ferro Tech E10 Chart

Impex Ferro Tech Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.09 -6.95 -7.95

Impex Ferro Tech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -7.97 -7.95 -8.20 -7.94 -7.82

Competitive Comparison of Impex Ferro Tech's E10

For the Other Industrial Metals & Mining subindustry, Impex Ferro Tech'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.


Impex Ferro Tech's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Impex Ferro Tech's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Impex Ferro Tech's Shiller PE Ratio falls into.



Impex Ferro Tech 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, Impex Ferro Tech's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.4/152.9243*152.9243
=-0.400

Current CPI (Dec. 2023) = 152.9243.

Impex Ferro Tech Quarterly Data

per share eps CPI Adj_EPS
201403 -4.200 91.425 -7.025
201406 -3.120 94.103 -5.070
201409 -2.120 96.780 -3.350
201412 -1.150 96.780 -1.817
201503 -1.660 97.163 -2.613
201506 -1.600 99.841 -2.451
201509 -1.720 101.753 -2.585
201512 -2.730 102.901 -4.057
201603 -3.640 102.518 -5.430
201606 -1.170 105.961 -1.689
201609 -0.030 105.961 -0.043
201612 -1.204 105.196 -1.750
201703 -9.540 105.196 -13.868
201706 -3.380 107.109 -4.826
201709 -0.320 109.021 -0.449
201712 -0.420 109.404 -0.587
201803 -3.670 109.786 -5.112
201806 -0.850 111.317 -1.168
201809 0.100 115.142 0.133
201812 -0.480 115.142 -0.638
201903 -0.670 118.202 -0.867
201906 -0.970 120.880 -1.227
201909 -0.520 123.175 -0.646
201912 -0.540 126.235 -0.654
202003 -0.820 124.705 -1.006
202006 -0.580 127.000 -0.698
202009 -0.550 130.118 -0.646
202012 -0.770 130.889 -0.900
202103 0.899 131.771 1.043
202106 0.430 134.084 0.490
202109 -1.160 135.847 -1.306
202112 0.430 138.161 0.476
202203 -1.600 138.822 -1.763
202206 -1.600 142.347 -1.719
202209 -3.730 144.661 -3.943
202212 -0.460 145.763 -0.483
202303 1.040 146.865 1.083
202306 -0.400 150.280 -0.407
202309 -0.270 151.492 -0.273
202312 -0.400 152.924 -0.400

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


Impex Ferro Tech  (BOM:532614) 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 Impex Ferro Tech was 0.32. The lowest was 0.18. And the median was 0.25.


Be Aware

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


Impex Ferro Tech E10 Related Terms

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


Impex Ferro Tech (BOM:532614) Business Description

Traded in Other Exchanges
Address
132A, S. P. Mukherjee Road, SKP House, Kolkatta, WB, IND, 700026
Impex Ferro Tech Ltd is an Indian firm engaged in the business line of manufacturing Ferro Alloys (ferro manganese / silico manganese) and trading in iron and steel products. Its products include silico manganese, high-carbon ferro manganese, and medium-carbon ferro manganese. The company operates in a single segment called Ferro Alloys.

Impex Ferro Tech (BOM:532614) Headlines

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