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JTL Industries (BOM:534600) E10 : ₹1.45 (As of Dec. 2024)


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What is JTL 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.

JTL Industries's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.45 for the trailing ten years ended in Dec. 2024.

During the past 12 months, JTL Industries's average E10 Growth Rate was 28.30% per year. During the past 3 years, the average E10 Growth Rate was 35.50% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of JTL Industries was 35.50% per year. The lowest was 35.50% per year. And the median was 35.50% per year.

As of today (2025-03-03), JTL Industries's current stock price is ₹80.87. JTL Industries's E10 for the quarter that ended in Dec. 2024 was ₹1.45. JTL Industries's Shiller PE Ratio of today is 55.77.

During the past 13 years, the highest Shiller PE Ratio of JTL Industries was 148.81. The lowest was 2.92. And the median was 93.64.


JTL Industries E10 Historical Data

The historical data trend for JTL 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.

JTL Industries E10 Chart

JTL 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 - 0.49 0.52 0.86 1.22

JTL 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 1.13 1.22 1.32 1.39 1.45

Competitive Comparison of JTL Industries's E10

For the Steel subindustry, JTL 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.


JTL Industries's Shiller PE Ratio Distribution in the Steel Industry

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

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



JTL 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, JTL 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)
=0.56/159.2043*159.2043
=0.560

Current CPI (Dec. 2024) = 159.2043.

JTL Industries Quarterly Data

per share eps CPI Adj_EPS
201503 0.010 97.163 0.016
201506 0.042 99.841 0.067
201509 0.004 101.753 0.006
201512 0.002 102.901 0.003
201603 0.013 102.518 0.020
201606 0.019 105.961 0.029
201609 0.005 105.961 0.008
201612 0.004 105.196 0.006
201703 0.042 105.196 0.064
201706 0.052 107.109 0.077
201709 0.102 109.021 0.149
201712 0.177 109.404 0.258
201803 0.131 109.786 0.190
201806 0.151 111.317 0.216
201809 0.177 115.142 0.245
201812 0.238 115.142 0.329
201903 0.159 118.202 0.214
201906 0.091 120.880 0.120
201909 0.110 123.175 0.142
201912 0.150 126.235 0.189
202003 0.151 124.705 0.193
202006 0.059 127.000 0.074
202009 0.027 130.118 0.033
202012 0.238 130.889 0.289
202103 0.418 131.771 0.505
202106 0.383 134.084 0.455
202109 0.610 135.847 0.715
202112 0.550 138.161 0.634
202203 0.470 138.822 0.539
202206 0.420 142.347 0.470
202209 0.825 144.661 0.908
202212 0.775 145.763 0.846
202303 1.086 146.865 1.177
202306 0.840 150.280 0.890
202309 0.765 151.492 0.804
202312 0.830 152.924 0.864
202403 0.855 153.035 0.889
202406 0.825 155.789 0.843
202409 0.500 157.882 0.504
202412 0.560 159.204 0.560

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


JTL Industries  (BOM:534600) 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.

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

Shiller PE Ratio=Share Price/E10
=80.87/1.45
=55.77

* 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 JTL Industries was 148.81. The lowest was 2.92. And the median was 93.64.


Be Aware

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


JTL Industries E10 Related Terms

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


JTL Industries Business Description

Traded in Other Exchanges
Address
SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. Company has single reportable business segment i.e. manufacturing of iron/steel tubes, pipes and structures. The company has a pan-India presence and is globally present in serving continents. It derives maximum revenue from India.

JTL Industries Headlines

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