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Neil Industries (BOM:539016) E10 : ₹0.50 (As of Mar. 2024)


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What is Neil 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.

Neil Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.50 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 (2024-06-16), Neil Industries's current stock price is ₹18.40. Neil Industries's E10 for the quarter that ended in Mar. 2024 was ₹0.50. Neil Industries's Shiller PE Ratio of today is 36.80.

During the past 11 years, the highest Shiller PE Ratio of Neil Industries was 43.43. The lowest was 32.98. And the median was 37.35.


Neil Industries E10 Historical Data

The historical data trend for Neil 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.

Neil Industries E10 Chart

Neil 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 - - - - 0.50

Neil Industries 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 - - - 0.46 0.50

Competitive Comparison of Neil Industries's E10

For the Credit Services subindustry, Neil 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.


Neil Industries's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Neil Industries's Shiller PE Ratio distribution charts can be found below:

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



Neil 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, Neil Industries'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)
=0.49/153.0345*153.0345
=0.490

Current CPI (Mar. 2024) = 153.0345.

Neil Industries Quarterly Data

per share eps CPI Adj_EPS
201406 0.151 94.103 0.246
201409 0.030 96.780 0.047
201412 0.041 96.780 0.065
201503 0.068 97.163 0.107
201506 0.080 99.841 0.123
201509 0.140 101.753 0.211
201512 0.160 102.901 0.238
201603 0.030 102.518 0.045
201606 0.090 105.961 0.130
201609 0.090 105.961 0.130
201612 0.110 105.196 0.160
201703 0.080 105.196 0.116
201706 0.080 107.109 0.114
201709 0.090 109.021 0.126
201712 0.170 109.404 0.238
201803 0.260 109.786 0.362
201806 0.220 111.317 0.302
201809 0.050 115.142 0.066
201812 0.280 115.142 0.372
201903 -0.180 118.202 -0.233
201906 0.140 120.880 0.177
201909 0.110 123.175 0.137
201912 0.580 126.235 0.703
202003 -0.240 124.705 -0.295
202006 0.220 127.000 0.265
202009 0.220 130.118 0.259
202012 0.220 130.889 0.257
202103 -0.170 131.771 -0.197
202106 0.230 134.084 0.263
202109 0.240 135.847 0.270
202112 0.230 138.161 0.255
202203 -2.128 138.822 -2.346
202206 0.230 142.347 0.247
202209 0.240 144.661 0.254
202212 0.240 145.763 0.252
202303 0.240 146.865 0.250
202306 0.250 150.280 0.255
202309 0.290 151.492 0.293
202312 0.260 152.924 0.260
202403 0.490 153.035 0.490

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


Neil Industries  (BOM:539016) 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.

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

Shiller PE Ratio=Share Price/E10
=18.40/0.5
=36.80

* 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 Neil Industries was 43.43. The lowest was 32.98. And the median was 37.35.


Be Aware

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


Neil Industries E10 Related Terms

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


Neil Industries (BOM:539016) Business Description

Traded in Other Exchanges
N/A
Address
14/113, Civil Lines, 402-403, Kan Chambers, Kanpur, UP, IND, 208001
Neil Industries Ltd is a non banking finance company. Its products include loans for business or capacity expansion, working capital loans, loans for the purchase of equipment and machinery, and term loans against property. The Company is dealing with only one Segment which is providing Financial and Insurance Services. It also provides small and medium enterprises (SME) loans. Its SME loans include working capital loans, purchase of equipment and machinery loans, business or capacity expansion plan, and term loans against property.

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