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Reliance Power (BOM:532939) E10 : ₹-1.78 (As of Dec. 2024)


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What is Reliance 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.

Reliance Power's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.097. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-1.78 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 (2025-03-26), Reliance Power's current stock price is ₹37.23. Reliance Power's E10 for the quarter that ended in Dec. 2024 was ₹-1.78. Reliance Power's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Reliance Power was 52.12. The lowest was 0.53. And the median was 5.59.


Reliance Power E10 Historical Data

The historical data trend for Reliance 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.

Reliance Power E10 Chart

Reliance 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 - 1.22 - -0.78 -1.98

Reliance Power 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 -1.71 -1.98 -2.18 -1.64 -1.78

Competitive Comparison of Reliance Power's E10

For the Utilities - Independent Power Producers subindustry, Reliance 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.


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

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

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



Reliance 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, Reliance Power'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)
=0.097/158.3229*158.3229
=0.097

Current CPI (Dec. 2024) = 158.3229.

Reliance Power Quarterly Data

per share eps CPI Adj_EPS
201503 0.990 97.163 1.613
201506 1.079 99.841 1.711
201509 1.034 101.753 1.609
201512 0.860 102.901 1.323
201603 0.219 102.518 0.338
201606 1.210 105.961 1.808
201609 0.970 105.961 1.449
201612 0.980 105.196 1.475
201703 0.770 105.196 1.159
201706 0.820 107.109 1.212
201709 0.974 109.021 1.414
201712 0.999 109.404 1.446
201803 0.200 109.786 0.288
201806 0.669 111.317 0.952
201809 0.526 115.142 0.723
201812 0.415 115.142 0.571
201903 -12.132 118.202 -16.250
201906 0.129 120.880 0.169
201909 0.160 123.175 0.206
201912 0.176 126.235 0.221
202003 -14.999 124.705 -19.042
202006 -0.007 127.000 -0.009
202009 0.377 130.118 0.459
202012 0.186 130.889 0.225
202103 0.259 131.771 0.311
202106 0.043 134.084 0.051
202109 -0.435 135.847 -0.507
202112 -0.307 138.161 -0.352
202203 -2.020 138.822 -2.304
202206 -0.473 142.347 -0.526
202209 -1.001 144.661 -1.096
202212 -0.857 145.763 -0.931
202303 0.977 146.865 1.053
202306 -0.793 150.280 -0.835
202309 -0.633 151.492 -0.662
202312 -2.983 152.924 -3.088
202403 -1.024 153.035 -1.059
202406 -0.244 155.789 -0.248
202409 7.165 157.882 7.185
202412 0.097 158.323 0.097

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


Reliance Power  (BOM:532939) 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 Reliance Power was 52.12. The lowest was 0.53. And the median was 5.59.


Be Aware

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


Reliance Power E10 Related Terms

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


Reliance Power Business Description

Traded in Other Exchanges
Address
19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Ballard Estate, Mumbai, MH, IND, 400 001
Reliance Power Ltd is an electric utility that constructs, develops, and operates power generation projects. Generation of power is its lone operating segment and includes all of the firm's projects. Categorized as either operating, under construction, or under development, these projects generate electricity using thermal fuel sources or renewable resources. Sizable coal reserves in central India and Indonesia drive coal-based power projects. Renewable resource projects leverage solar, hydro, and wind power. The company derives its revenue from the sale of energy, but support service agreements contribute as well.

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