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Gulf Oil Lubricants India (BOM:538567) E10 : ₹43.60 (As of Mar. 2024)


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What is Gulf Oil Lubricants India 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.

Gulf Oil Lubricants India's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹17.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹43.60 for the trailing ten years ended in Mar. 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 (2024-05-24), Gulf Oil Lubricants India's current stock price is ₹1046.75. Gulf Oil Lubricants India's E10 for the quarter that ended in Mar. 2024 was ₹43.60. Gulf Oil Lubricants India's Shiller PE Ratio of today is 24.01.

During the past 11 years, the highest Shiller PE Ratio of Gulf Oil Lubricants India was 24.01. The lowest was 16.69. And the median was 20.77.


Gulf Oil Lubricants India E10 Historical Data

The historical data trend for Gulf Oil Lubricants India'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.

Gulf Oil Lubricants India E10 Chart

Gulf Oil Lubricants India 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 - - - - 43.60

Gulf Oil Lubricants India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 42.91 43.60

Competitive Comparison of Gulf Oil Lubricants India's E10

For the Specialty Chemicals subindustry, Gulf Oil Lubricants India'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.


Gulf Oil Lubricants India's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gulf Oil Lubricants India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gulf Oil Lubricants India's Shiller PE Ratio falls into.



Gulf Oil Lubricants India 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, Gulf Oil Lubricants India's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=17.39/153.0345*153.0345
=17.390

Current CPI (Mar. 2024) = 153.0345.

Gulf Oil Lubricants India Quarterly Data

per share eps CPI Adj_EPS
201406 3.640 94.103 5.920
201409 3.910 96.780 6.183
201412 3.680 96.780 5.819
201503 4.390 97.163 6.914
201506 4.120 99.841 6.315
201509 4.740 101.753 7.129
201512 5.260 102.901 7.823
201603 6.030 102.518 9.001
201606 6.090 105.961 8.795
201609 5.870 105.961 8.478
201612 5.330 105.196 7.754
201703 6.240 105.196 9.078
201706 6.860 107.109 9.801
201709 8.080 109.021 11.342
201712 8.490 109.404 11.876
201803 8.220 109.786 11.458
201806 8.010 111.317 11.012
201809 8.040 115.142 10.686
201812 9.940 115.142 13.211
201903 9.510 118.202 12.312
201906 9.730 120.880 12.318
201909 12.260 123.175 15.232
201912 11.100 126.235 13.456
202003 7.140 124.705 8.762
202006 3.410 127.000 4.109
202009 11.750 130.118 13.819
202012 12.690 130.889 14.837
202103 11.850 131.771 13.762
202106 6.020 134.084 6.871
202109 11.630 135.847 13.101
202112 11.630 138.161 12.882
202203 12.350 138.822 13.614
202206 11.140 142.347 11.976
202209 10.640 144.661 11.256
202212 12.730 145.763 13.365
202303 12.650 146.865 13.181
202306 13.830 150.280 14.083
202309 14.900 151.492 15.052
202312 16.050 152.924 16.062
202403 17.390 153.035 17.390

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


Gulf Oil Lubricants India  (BOM:538567) 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.

Gulf Oil Lubricants India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1046.75/43.6
=24.01

* 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 11 years, the highest Shiller P/E Ratio of Gulf Oil Lubricants India was 24.01. The lowest was 16.69. And the median was 20.77.


Be Aware

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


Gulf Oil Lubricants India E10 Related Terms

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


Gulf Oil Lubricants India (BOM:538567) Business Description

Traded in Other Exchanges
Address
IN Centre, 49/50, 12th Road, M.I.D.C., Andheri (East), Mumbai, MH, IND, 400093
Gulf Oil Lubricants India Ltd manufactures, markets, and trades lubricants and greases used in the automotive and industrial industries. The company is a subsidiary of the Hinduja Group, which owns businesses in a variety of sectors in multiple continents. The company provides products for all types of commercial vehicles to individual and institutional customers across the automotive, agricultural, industrial, construction, and marine divisions. The company exports some of its products, however, a large majority of revenue is derived from sales inside India.

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