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SPL Industries (BOM:532651) E10 : ₹6.46 (As of Dec. 2024)


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What is SPL 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.

SPL Industries's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.46 for the trailing ten years ended in Dec. 2024.

During the past 12 months, SPL Industries's average E10 Growth Rate was 11.60% 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.

As of today (2025-03-31), SPL Industries's current stock price is ₹33.04. SPL Industries's E10 for the quarter that ended in Dec. 2024 was ₹6.46. SPL Industries's Shiller PE Ratio of today is 5.11.

During the past 13 years, the highest Shiller PE Ratio of SPL Industries was 115.19. The lowest was 5.11. And the median was 12.31.


SPL Industries E10 Historical Data

The historical data trend for SPL 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.

SPL Industries E10 Chart

SPL 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 - -4.06 3.15 5.51 6.00

SPL Industries 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 5.79 6.00 6.22 6.49 6.46

Competitive Comparison of SPL Industries's E10

For the Apparel Manufacturing subindustry, SPL 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.


SPL Industries's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, SPL Industries's Shiller PE Ratio distribution charts can be found below:

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


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SPL 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, SPL Industries'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)
=0.1/158.3229*158.3229
=0.100

Current CPI (Dec. 2024) = 158.3229.

SPL Industries Quarterly Data

per share eps CPI Adj_EPS
201503 0.299 97.163 0.487
201506 0.390 99.841 0.618
201509 0.690 101.753 1.074
201512 0.520 102.901 0.800
201603 1.450 102.518 2.239
201606 0.350 105.961 0.523
201609 0.610 105.961 0.911
201612 -0.820 105.196 -1.234
201703 0.370 105.196 0.557
201706 -1.300 107.109 -1.922
201709 -1.350 109.021 -1.960
201712 2.550 109.404 3.690
201803 1.950 109.786 2.812
201806 2.270 111.317 3.229
201809 3.130 115.142 4.304
201812 2.300 115.142 3.163
201903 1.670 118.202 2.237
201906 2.040 120.880 2.672
201909 4.150 123.175 5.334
201912 2.070 126.235 2.596
202003 2.520 124.705 3.199
202006 0.910 127.000 1.134
202009 1.650 130.118 2.008
202012 0.860 130.889 1.040
202103 0.920 131.771 1.105
202106 1.090 134.084 1.287
202109 1.770 135.847 2.063
202112 1.990 138.161 2.280
202203 2.420 138.822 2.760
202206 2.430 142.347 2.703
202209 2.930 144.661 3.207
202212 1.690 145.763 1.836
202303 1.170 146.865 1.261
202306 1.150 150.280 1.212
202309 0.800 151.492 0.836
202312 0.640 152.924 0.663
202403 1.460 153.035 1.510
202406 0.890 155.789 0.904
202409 1.370 157.882 1.374
202412 0.100 158.323 0.100

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


SPL Industries  (BOM:532651) 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.

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

Shiller PE Ratio=Share Price/E10
=33.04/6.46
=5.11

* 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 SPL Industries was 115.19. The lowest was 5.11. And the median was 12.31.


Be Aware

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


SPL Industries E10 Related Terms

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


SPL Industries Business Description

Traded in Other Exchanges
Address
Plot Number 21 & 22, Sector-6, Faridabad, HR, IND, 121006
SPL Industries Ltd is a garment manufacturing company. The company's operating segment includes manufacturing cotton knitted garments and made ups and Processing Charges and Trading of garments. It generates maximum revenue from the Trading segment. Geographically business activity is carried out through India.

SPL Industries Headlines

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