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Torrent Power (BOM:532779) E10 : ₹0.00 (As of Mar. 2024)


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What is Torrent Power 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.

Torrent Power's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹8.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Torrent Power's average E10 Growth Rate was 24.40% 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 (2024-05-29), Torrent Power's current stock price is ₹1439.85. Torrent Power's E10 for the quarter that ended in Mar. 2024 was ₹0.00. Torrent Power's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Torrent Power was 60.72. The lowest was 10.09. And the median was 24.44.


Torrent Power E10 Historical Data

The historical data trend for Torrent Power'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.

Torrent Power E10 Chart

Torrent Power 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 - 30.37 17.92 21.96 -

Torrent Power 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 21.96 23.58 24.96 26.07 -

Competitive Comparison of Torrent Power's E10

For the Utilities - Independent Power Producers subindustry, Torrent Power'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.


Torrent Power's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Torrent Power's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Torrent Power's Shiller PE Ratio falls into.



Torrent Power 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, Torrent Power'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)
=8.95/153.0345*153.0345
=8.950

Current CPI (Mar. 2024) = 153.0345.

Torrent Power Quarterly Data

per share eps CPI Adj_EPS
201406 1.830 94.103 2.976
201409 0.490 96.780 0.775
201412 1.460 96.780 2.309
201503 3.840 97.163 6.048
201506 4.640 99.841 7.112
201509 5.140 101.753 7.730
201512 7.470 102.901 11.109
201603 1.480 102.518 2.209
201606 0.950 105.961 1.372
201609 2.930 105.961 4.232
201612 2.220 105.196 3.230
201703 2.820 105.196 4.102
201706 4.220 107.109 6.029
201709 6.610 109.021 9.279
201712 4.260 109.404 5.959
201803 4.510 109.786 6.287
201806 4.700 111.317 6.461
201809 8.580 115.142 11.404
201812 4.930 115.142 6.552
201903 0.490 118.202 0.634
201906 5.730 120.880 7.254
201909 15.700 123.175 19.506
201912 8.730 126.235 10.583
202003 -5.720 124.705 -7.019
202006 7.750 127.000 9.339
202009 4.180 130.118 4.916
202012 6.670 130.889 7.799
202103 8.260 131.771 9.593
202106 4.300 134.084 4.908
202109 7.640 135.847 8.607
202112 7.660 138.161 8.485
202203 -10.150 138.822 -11.189
202206 10.450 142.347 11.235
202209 10.020 144.661 10.600
202212 14.240 145.763 14.950
202303 9.350 146.865 9.743
202306 10.760 150.280 10.957
202309 10.940 151.492 11.051
202312 7.490 152.924 7.495
202403 8.950 153.035 8.950

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


Torrent Power  (BOM:532779) 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 Torrent Power was 60.72. The lowest was 10.09. And the median was 24.44.


Be Aware

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


Torrent Power E10 Related Terms

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


Torrent Power (BOM:532779) Business Description

Traded in Other Exchanges
Address
Samanvay, 600, Tapovan, Ambawadi, Ahmedabad, GJ, IND, 380015
Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The company's gas-fired facilities constitute most of its energy-producing capacity. Torrent Power generates the vast majority of its revenue from the supply of power generated by its facilities and transmitted through its power grids to areas of Western and Northern India. Its sales are fairly evenly divided among residential, commercial, low tension and high tension consumers. The low tension customer class would include smaller manufacturing units, while high tension would be composed of heavier industrial entities.

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