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VTM (BOM:532893) E10 : ₹3.94 (As of Dec. 2024)


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What is VTM 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.

VTM's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹4.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.94 for the trailing ten years ended in Dec. 2024.

During the past 12 months, VTM's average E10 Growth Rate was 20.50% per year. During the past 3 years, the average E10 Growth Rate was 1.40% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of VTM was 1.40% per year. The lowest was -2.50% per year. And the median was -0.55% per year.

As of today (2025-04-03), VTM's current stock price is ₹207.50. VTM's E10 for the quarter that ended in Dec. 2024 was ₹3.94. VTM's Shiller PE Ratio of today is 52.66.

During the past 13 years, the highest Shiller PE Ratio of VTM was 53.50. The lowest was 5.07. And the median was 15.15.


VTM E10 Historical Data

The historical data trend for VTM'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.

VTM E10 Chart

VTM 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 3.51 3.23 3.37 3.25 3.37

VTM 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 3.27 3.37 3.39 3.56 3.94

Competitive Comparison of VTM's E10

For the Textile Manufacturing subindustry, VTM'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.


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

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

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


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VTM 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, VTM'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)
=4.52/158.3229*158.3229
=4.520

Current CPI (Dec. 2024) = 158.3229.

VTM Quarterly Data

per share eps CPI Adj_EPS
201503 -0.280 97.163 -0.456
201506 0.980 99.841 1.554
201509 0.880 101.753 1.369
201512 0.520 102.901 0.800
201603 -0.060 102.518 -0.093
201606 1.040 105.961 1.554
201609 1.350 105.961 2.017
201612 0.270 105.196 0.406
201703 -0.460 105.196 -0.692
201706 0.560 107.109 0.828
201709 0.560 109.021 0.813
201712 0.540 109.404 0.781
201803 0.290 109.786 0.418
201806 0.680 111.317 0.967
201809 0.980 115.142 1.348
201812 0.480 115.142 0.660
201903 0.400 118.202 0.536
201906 0.750 120.880 0.982
201909 1.080 123.175 1.388
201912 0.730 126.235 0.916
202003 0.460 124.705 0.584
202006 0.130 127.000 0.162
202009 0.580 130.118 0.706
202012 1.040 130.889 1.258
202103 0.670 131.771 0.805
202106 0.660 134.084 0.779
202109 1.000 135.847 1.165
202112 0.750 138.161 0.859
202203 1.290 138.822 1.471
202206 0.910 142.347 1.012
202209 0.380 144.661 0.416
202212 0.280 145.763 0.304
202303 0.700 146.865 0.755
202306 1.270 150.280 1.338
202309 1.250 151.492 1.306
202312 1.150 152.924 1.191
202403 0.880 153.035 0.910
202406 1.300 155.789 1.321
202409 2.430 157.882 2.437
202412 4.520 158.323 4.520

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


VTM  (BOM:532893) 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.

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

Shiller PE Ratio=Share Price/E10
=207.50/3.94
=52.66

* 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 VTM was 53.50. The lowest was 5.07. And the median was 15.15.


Be Aware

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


VTM E10 Related Terms

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


VTM Business Description

Traded in Other Exchanges
N/A
Address
Virudhunagar, Sulakarai, TN, IND, 626 003
VTM Ltd is an India-based textile manufacturing company. The company offers products such as twills, sateens, piques, yarn-dyed, jacquards, and woven fabrics. In addition, the company specializes in the manufacturing of grey weaving requirements for both the export and domestic markets.

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