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Prakash Steelage (BOM:533239) E10 : ₹0.17 (As of Dec. 2024)


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What is Prakash Steelage 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.

Prakash Steelage's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.17 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Prakash Steelage's average E10 Growth Rate was 54.50% 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 (2025-03-27), Prakash Steelage's current stock price is ₹6.68. Prakash Steelage's E10 for the quarter that ended in Dec. 2024 was ₹0.17. Prakash Steelage's Shiller PE Ratio of today is 39.29.

During the past 13 years, the highest Shiller PE Ratio of Prakash Steelage was 144.00. The lowest was 19.68. And the median was 36.88.


Prakash Steelage E10 Historical Data

The historical data trend for Prakash Steelage'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.

Prakash Steelage E10 Chart

Prakash Steelage 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 - - - 0.11 0.27

Prakash Steelage 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 0.11 0.27 0.26 0.22 0.17

Competitive Comparison of Prakash Steelage's E10

For the Steel subindustry, Prakash Steelage'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.


Prakash Steelage's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Prakash Steelage's Shiller PE Ratio distribution charts can be found below:

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


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Prakash Steelage 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, Prakash Steelage'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)
=0.04/158.3229*158.3229
=0.040

Current CPI (Dec. 2024) = 158.3229.

Prakash Steelage Quarterly Data

per share eps CPI Adj_EPS
201309 0.314 91.042 0.546
201312 0.157 91.425 0.272
201403 0.459 91.425 0.795
201406 0.361 94.103 0.607
201409 0.495 96.780 0.810
201412 0.160 96.780 0.262
201503 -0.176 97.163 -0.287
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201706 -14.610 107.109 -21.596
201709 0.190 109.021 0.276
201712 0.220 109.404 0.318
201803 0.440 109.786 0.635
201806 -0.040 111.317 -0.057
201809 0.020 115.142 0.028
201812 0.120 115.142 0.165
201903 0.690 118.202 0.924
201906 0.010 120.880 0.013
201909 0.010 123.175 0.013
201912 0.020 126.235 0.025
202003 -0.050 124.705 -0.063
202006 -0.030 127.000 -0.037
202009 0.040 130.118 0.049
202012 -0.100 130.889 -0.121
202103 2.990 131.771 3.592
202106 0.050 134.084 0.059
202109 -0.060 135.847 -0.070
202112 2.290 138.161 2.624
202203 7.050 138.822 8.040
202206 0.110 142.347 0.122
202209 0.030 144.661 0.033
202212 0.100 145.763 0.109
202303 0.010 146.865 0.011
202306 1.200 150.280 1.264
202309 0.050 151.492 0.052
202312 0.020 152.924 0.021
202403 2.003 153.035 2.072
202406 0.005 155.789 0.005
202409 0.020 157.882 0.020
202412 0.040 158.323 0.040

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


Prakash Steelage  (BOM:533239) 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.

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

Shiller PE Ratio=Share Price/E10
=6.68/0.17
=39.29

* 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 Prakash Steelage was 144.00. The lowest was 19.68. And the median was 36.88.


Be Aware

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


Prakash Steelage E10 Related Terms

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


Prakash Steelage Business Description

Traded in Other Exchanges
Address
28, Sindhi Lane, Nanubhai Desai Road, 101, 1st Floor, Shatrunjay Apartment, Mumbai, MH, IND, 400 004
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. The products of the company are available in various conditions, such as welded pipes, large-diameter pipes, welded tubes, welded instrumentation tubes, welded heat exchanger tubes, and welded EFW pipes. Geographically, all the group's business activity is operated through India's region.

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