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JK Cement (BOM:532644) E10 : ₹124.31 (As of Dec. 2024)


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What is JK Cement 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.

JK Cement's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹24.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹124.31 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 (2025-03-13), JK Cement's current stock price is ₹4272.95. JK Cement's E10 for the quarter that ended in Dec. 2024 was ₹124.31. JK Cement's Shiller PE Ratio of today is 34.37.

During the past 13 years, the highest Shiller PE Ratio of JK Cement was 39.30. The lowest was 32.98. And the median was 36.59.


JK Cement E10 Historical Data

The historical data trend for JK Cement'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.

JK Cement E10 Chart

JK Cement 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 - - - - -

JK Cement 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 - - - 121.28 124.31

Competitive Comparison of JK Cement's E10

For the Building Materials subindustry, JK Cement'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.


JK Cement's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, JK Cement's Shiller PE Ratio distribution charts can be found below:

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



JK Cement 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, JK Cement'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)
=24.54/159.2043*159.2043
=24.540

Current CPI (Dec. 2024) = 159.2043.

JK Cement Quarterly Data

per share eps CPI Adj_EPS
200603 6.370 45.521 22.278
200703 25.540 48.581 83.696
200803 37.920 52.407 115.195
200903 20.230 56.615 56.888
201003 32.110 65.030 78.610
201103 8.960 70.768 20.157
201203 24.970 76.889 51.702
201303 33.000 85.687 61.313
201403 11.030 91.425 19.207
201503 20.540 97.163 33.655
201603 8.270 102.518 12.843
201703 25.420 105.196 38.471
201803 41.410 109.786 60.050
201806 6.450 111.317 9.225
201809 7.100 115.142 9.817
201812 5.580 115.142 7.715
201903 21.444 118.202 28.883
201906 17.722 120.880 23.341
201909 10.600 123.175 13.701
201912 16.246 126.235 20.489
202003 21.048 124.705 26.871
202006 6.819 127.000 8.548
202009 28.697 130.118 35.112
202012 28.392 130.889 34.534
202103 27.943 131.771 33.761
202106 24.842 134.084 29.496
202109 19.586 135.847 22.954
202112 18.140 138.161 20.903
202203 25.810 138.822 29.600
202206 20.810 142.347 23.274
202209 14.540 144.661 16.002
202212 5.050 145.763 5.516
202303 14.170 146.865 15.361
202306 14.480 150.280 15.340
202309 22.690 151.492 23.845
202312 36.730 152.924 38.238
202403 28.440 153.035 29.587
202406 23.980 155.789 24.506
202409 16.280 157.882 16.416
202412 24.540 159.204 24.540

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


JK Cement  (BOM:532644) 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.

JK Cement's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4272.95/124.31
=34.37

* 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 JK Cement was 39.30. The lowest was 32.98. And the median was 36.59.


Be Aware

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


JK Cement E10 Related Terms

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


JK Cement Business Description

Traded in Other Exchanges
Address
Kamla Tower, Kanpur, UP, IND, 208 001
JK Cement Ltd is a building materials holding company. The company manufactures cement and cement-related products that primarily consist of grey and white cement. JK Cement's grey cement includes both Portland Pozzolana Cement (PPC) and Ordinary Portland Cement (OPC). The white cement offerings include JK White Cement, as well as cement-based JK Wall Putty, JK Waterproof, and JK Primaxx. JK Cement's wall putty is used as a plaster for walls and ceilings, while JK Waterproof is a water-repellent powder. It has one reportable segment for the company which is "Cement". The company generates the vast majority of its revenue in India.

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