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Tijaria Polypipes (BOM:533629) E10 : ₹-6.51 (As of Dec. 2023)


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What is Tijaria Polypipes 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.

Tijaria Polypipes's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-6.51 for the trailing ten years ended in Dec. 2023.

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 (2024-05-11), Tijaria Polypipes's current stock price is ₹24.44. Tijaria Polypipes's E10 for the quarter that ended in Dec. 2023 was ₹-6.51. Tijaria Polypipes's Shiller PE Ratio of today is .


Tijaria Polypipes E10 Historical Data

The historical data trend for Tijaria Polypipes'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.

Tijaria Polypipes E10 Chart

Tijaria Polypipes Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -3.84 -5.64 -6.36

Tijaria Polypipes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -6.06 -6.36 -6.54 -6.61 -6.51

Competitive Comparison of Tijaria Polypipes's E10

For the Building Products & Equipment subindustry, Tijaria Polypipes'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.


Tijaria Polypipes's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tijaria Polypipes's Shiller PE Ratio distribution charts can be found below:

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



Tijaria Polypipes 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, Tijaria Polypipes's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.24/153.2548*153.2548
=-0.240

Current CPI (Dec. 2023) = 153.2548.

Tijaria Polypipes Quarterly Data

per share eps CPI Adj_EPS
201403 -3.354 91.425 -5.622
201406 -1.760 94.103 -2.866
201409 -1.750 96.780 -2.771
201412 0.240 96.780 0.380
201503 -0.600 97.163 -0.946
201506 -1.981 99.841 -3.041
201509 -0.260 101.753 -0.392
201512 -1.620 102.901 -2.413
201603 -2.330 102.518 -3.483
201606 -1.580 105.961 -2.285
201609 -3.590 105.961 -5.192
201612 -2.310 105.196 -3.365
201703 -1.380 105.196 -2.010
201706 -5.090 107.109 -7.283
201709 -2.030 109.021 -2.854
201712 -1.880 109.404 -2.634
201803 -1.330 109.786 -1.857
201806 0.690 111.317 0.950
201809 0.710 115.142 0.945
201812 0.560 115.142 0.745
201903 0.394 118.202 0.511
201906 0.150 120.880 0.190
201909 0.030 123.175 0.037
201912 0.010 126.235 0.012
202003 -1.083 124.705 -1.331
202006 -1.060 127.000 -1.279
202009 -1.630 130.118 -1.920
202012 -0.250 130.889 -0.293
202103 -1.930 131.771 -2.245
202106 -1.590 134.084 -1.817
202109 -1.600 135.847 -1.805
202112 -1.770 138.161 -1.963
202203 -2.610 138.822 -2.881
202206 -1.530 142.347 -1.647
202209 -0.410 144.661 -0.434
202212 -0.390 145.763 -0.410
202303 -0.970 146.865 -1.012
202306 -0.300 150.280 -0.306
202309 -0.230 151.492 -0.233
202312 -0.240 153.255 -0.240

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


Tijaria Polypipes  (BOM:533629) 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.


Be Aware

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


Tijaria Polypipes E10 Related Terms

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


Tijaria Polypipes (BOM:533629) Business Description

Traded in Other Exchanges
Address
SP-1-2316, RIICO Industrial Area, Ramchandrapura, Sitapura Extension, Jaipur, RJ, IND, 302022
Tijaria Polypipes Ltd manufactures HDPE Pipes, PLB HDPE Duct, MDPE Pipes, DWC HDPE Pipes, uPVC Pipes, PVC-U Pipes, Mink Blankets, partially oriented yarn, and draw textured yarn, surgical masks, N-95 Mask under the registered brand name of Tijaria and Vikas. The company operates in two segments Pipes and Textiles. The company produces a product range in the field of plastics, HDPE Pipes for Electrical, Water and Sewerage, PVC-U and DWC HDPE Pipes for Sewerage, uPVC Pipes for Water, PLB HDPE Ducts for telecommunications, HDPE Sprinkler Irrigation Systems, MDPE Pipes for Water Supply etc. The majority of its revenue is generated from the pipes segment.

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