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Jet Solar (BOM:538794) E10 : ₹0.20 (As of Sep. 2024)


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What is Jet Solar 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.

Jet Solar's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.20 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 (2024-12-12), Jet Solar's current stock price is ₹ 32.92. Jet Solar's E10 for the fiscal year that ended in Mar. 2024 was ₹0.20. Jet Solar's Shiller PE Ratio of today is 164.60.

During the past 11 years, the highest Shiller PE Ratio of Jet Solar was 151.75. The lowest was 22.58. And the median was 35.76.


Jet Solar E10 Historical Data

The historical data trend for Jet Solar'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.

Jet Solar E10 Chart

Jet Solar 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 - - - 0.38 0.20

Jet Solar Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 0.38 - 0.20 -

Competitive Comparison of Jet Solar's E10

For the Real Estate - Development subindustry, Jet Solar'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.


Jet Solar's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jet Solar's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jet Solar's Shiller PE Ratio falls into.



Jet Solar 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, Jet Solar's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.28/153.0345*153.0345
=0.280

Current CPI (Mar. 2024) = 153.0345.

Jet Solar Annual Data

per_share_eps CPI Adj_EPS
201503 1.693 97.163 2.667
201603 0.730 102.518 1.090
201703 0.308 105.196 0.448
201803 0.280 109.786 0.390
201903 0.165 118.202 0.214
202003 -1.940 124.705 -2.381
202103 -0.930 131.771 -1.080
202203 0.100 138.822 0.110
202303 0.270 146.865 0.281
202403 0.280 153.035 0.280

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


Jet Solar  (BOM:538794) 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.

Jet Solar's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32.92/0.2
=164.60

* 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 Jet Solar was 151.75. The lowest was 22.58. And the median was 35.76.


Be Aware

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


Jet Solar E10 Related Terms

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


Jet Solar Business Description

Traded in Other Exchanges
N/A
Address
Office No.1, Kandivali Link Road, E-Wing, 1st Floor, Nandanvan Apartment, Nandanvan Business Centre, Opposite Laljipada Police Chowki, Kandivali (West), Mumbai, MH, IND, 400067
Jet Solar Ltd Formerly Jet Infraventure Ltd is a real estate development company based in India. The company is involved in real estate development and construction, with a focus on residential and commercial projects. Some of its projects include Samarth Residency, Jet Excellency, Sai Residency, Shree Samartha, and Palm Sping. The company's ongoing project is Jet Prakriti - Wilson Hills. Jet Infraventure Ltd generates all of its operating revenue from real estate projects.

Jet Solar Headlines

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