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VMS Industries (BOM:533427) E10 : ₹1.30 (As of Dec. 2024)


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What is VMS Industries 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.

VMS Industries's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.30 for the trailing ten years ended in Dec. 2024.

During the past 12 months, VMS Industries's average E10 Growth Rate was 8.30% 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 (2025-04-04), VMS Industries's current stock price is ₹26.93. VMS Industries's E10 for the quarter that ended in Dec. 2024 was ₹1.30. VMS Industries's Shiller PE Ratio of today is 20.72.

During the past 13 years, the highest Shiller PE Ratio of VMS Industries was 50.55. The lowest was 8.85. And the median was 19.16.


VMS Industries E10 Historical Data

The historical data trend for VMS Industries'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.

VMS Industries E10 Chart

VMS Industries 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 - - 1.04 0.94 1.24

VMS Industries 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 1.20 1.24 1.27 1.31 1.30

Competitive Comparison of VMS Industries's E10

For the Waste Management subindustry, VMS Industries'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.


VMS Industries's Shiller PE Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, VMS Industries's Shiller PE Ratio distribution charts can be found below:

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


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VMS Industries 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, VMS Industries'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)
=0.14/158.3229*158.3229
=0.140

Current CPI (Dec. 2024) = 158.3229.

VMS Industries Quarterly Data

per share eps CPI Adj_EPS
201503 -0.028 97.163 -0.046
201506 0.084 99.841 0.133
201509 0.119 101.753 0.185
201512 0.187 102.901 0.288
201603 0.140 102.518 0.216
201606 0.121 105.961 0.181
201609 0.178 105.961 0.266
201612 0.252 105.196 0.379
201703 0.056 105.196 0.084
201706 0.177 107.109 0.262
201709 0.251 109.021 0.365
201712 0.019 109.404 0.027
201803 0.532 109.786 0.767
201806 0.215 111.317 0.306
201809 0.327 115.142 0.450
201812 0.597 115.142 0.821
201903 0.009 118.202 0.012
201906 0.224 120.880 0.293
201909 0.345 123.175 0.443
201912 0.075 126.235 0.094
202003 0.040 124.705 0.051
202006 0.028 127.000 0.035
202009 0.271 130.118 0.330
202012 0.112 130.889 0.135
202103 0.188 131.771 0.226
202106 0.700 134.084 0.827
202109 -0.056 135.847 -0.065
202112 0.056 138.161 0.064
202203 -0.047 138.822 -0.054
202206 0.215 142.347 0.239
202209 0.187 144.661 0.205
202212 0.084 145.763 0.091
202303 0.933 146.865 1.006
202306 0.090 150.280 0.095
202309 1.160 151.492 1.212
202312 1.750 152.924 1.812
202403 0.574 153.035 0.594
202406 0.260 155.789 0.264
202409 0.310 157.882 0.311
202412 0.140 158.323 0.140

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


VMS Industries  (BOM:533427) 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.

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

Shiller PE Ratio=Share Price/E10
=26.93/1.30
=20.72

* 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 VMS Industries was 50.55. The lowest was 8.85. And the median was 19.16.


Be Aware

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


VMS Industries E10 Related Terms

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


VMS Industries Business Description

Traded in Other Exchanges
N/A
Address
Corporate Road, Opposite Royal Orchid, 808-C, Pinnacle Business Park, Prahladnagar, Ahmedabad, GJ, IND, 380015
VMS Industries Ltd provides ship recycling and offshore services. The Company is engaged in the business of breaking old and used ships segment. On the basis of the dominant source, the nature of risks and returns and the internal organization, the company has identified two operating segments: Manufacturing and Trading. Manufacturing in respect of Ship-Breaking business activities and Trading In respect of trading in Ferrous and Non-Ferrous metals. The majority of income is from the Manufacturing segment.

VMS Industries Headlines

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