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PPAP Automotive (BOM:532934) E10 : ₹9.35 (As of Sep. 2024)


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What is PPAP Automotive 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.

PPAP Automotive's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹2.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.35 for the trailing ten years ended in Sep. 2024.

During the past 12 months, PPAP Automotive's average E10 Growth Rate was -11.50% 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 (2024-12-12), PPAP Automotive's current stock price is ₹218.25. PPAP Automotive's E10 for the quarter that ended in Sep. 2024 was ₹9.35. PPAP Automotive's Shiller PE Ratio of today is 23.34.

During the past 13 years, the highest Shiller PE Ratio of PPAP Automotive was 25.61. The lowest was 15.46. And the median was 21.42.


PPAP Automotive E10 Historical Data

The historical data trend for PPAP Automotive'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.

PPAP Automotive E10 Chart

PPAP Automotive 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 - - - 10.09 9.32

PPAP Automotive Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.57 9.98 9.32 9.70 9.35

Competitive Comparison of PPAP Automotive's E10

For the Auto Parts subindustry, PPAP Automotive'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.


PPAP Automotive's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PPAP Automotive's Shiller PE Ratio distribution charts can be found below:

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



PPAP Automotive 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, PPAP Automotive's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.02/157.8822*157.8822
=2.020

Current CPI (Sep. 2024) = 157.8822.

PPAP Automotive Quarterly Data

per share eps CPI Adj_EPS
201403 0.960 91.425 1.658
201406 1.720 94.103 2.886
201409 1.800 96.780 2.936
201412 1.680 96.780 2.741
201503 3.390 97.163 5.508
201506 2.120 99.841 3.352
201509 3.250 101.753 5.043
201512 2.510 102.901 3.851
201603 2.140 102.518 3.296
201606 2.550 105.961 3.800
201609 3.970 105.961 5.915
201703 0.000 105.196 0.000
201709 6.580 109.021 9.529
201803 0.000 109.786 0.000
201806 6.500 111.317 9.219
201809 8.430 115.142 11.559
201812 3.910 115.142 5.361
201903 5.260 118.202 7.026
201906 4.150 120.880 5.420
201909 2.880 123.175 3.692
201912 1.800 126.235 2.251
202003 4.180 124.705 5.292
202006 -11.260 127.000 -13.998
202009 2.650 130.118 3.215
202012 5.080 130.889 6.128
202103 5.020 131.771 6.015
202106 -3.180 134.084 -3.744
202109 1.190 135.847 1.383
202112 0.810 138.161 0.926
202203 0.610 138.822 0.694
202206 0.420 142.347 0.466
202209 -0.410 144.661 -0.447
202212 -2.620 145.763 -2.838
202303 -1.630 146.865 -1.752
202306 -1.960 150.280 -2.059
202309 0.390 151.492 0.406
202312 -1.910 152.924 -1.972
202403 -5.820 153.035 -6.004
202406 0.070 155.789 0.071
202409 2.020 157.882 2.020

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


PPAP Automotive  (BOM:532934) 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.

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

Shiller PE Ratio=Share Price/E10
=218.25/9.35
=23.34

* 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 PPAP Automotive was 25.61. The lowest was 15.46. And the median was 21.42.


Be Aware

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


PPAP Automotive E10 Related Terms

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


PPAP Automotive Business Description

Traded in Other Exchanges
Address
Sector-81, B-206A, Phase-II, Noida, UP, IND, 201305
PPAP Automotive Ltd is a manufacturer of automotive sealing systems, interior and exterior automotive parts, pail containers, etc. in India. Its product portfolio includes Moulding Windshield, CTR. Upper, Glass Run Channel, Weatherstrip Inner, and many more. The company generates revenue from Automotive parts and Moulds. The company is also in the business of developing high-precision plastic injection tooling for various industries.

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