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Arfin India (BOM:539151) E10 : ₹8.87 (As of Dec. 2024)


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What is Arfin 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.

Arfin India's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹8.87 for the trailing ten years ended in Dec. 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 (2025-04-05), Arfin India's current stock price is ₹28.05. Arfin India's E10 for the quarter that ended in Dec. 2024 was ₹8.87. Arfin India's Shiller PE Ratio of today is 3.16.

During the past 10 years, the highest Shiller PE Ratio of Arfin India was 6.26. The lowest was 3.07. And the median was 4.29.


Arfin India E10 Historical Data

The historical data trend for Arfin 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.

Arfin India E10 Chart

Arfin 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 - - - - 8.56

Arfin India 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 - 8.56 8.72 8.84 8.87

Competitive Comparison of Arfin India's E10

For the Aluminum subindustry, Arfin 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.


Arfin India's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Arfin India's Shiller PE Ratio distribution charts can be found below:

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


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Arfin 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, Arfin India'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)
=0.18/158.3229*158.3229
=0.180

Current CPI (Dec. 2024) = 158.3229.

Arfin India Quarterly Data

per share eps CPI Adj_EPS
201503 0.169 97.163 0.275
201506 1.386 99.841 2.198
201509 1.433 101.753 2.230
201512 1.400 102.901 2.154
201603 1.864 102.518 2.879
201606 2.822 105.961 4.217
201609 2.956 105.961 4.417
201612 8.175 105.196 12.304
201703 7.142 105.196 10.749
201706 6.358 107.109 9.398
201709 3.234 109.021 4.696
201712 8.040 109.404 11.635
201803 3.975 109.786 5.732
201806 2.540 111.317 3.613
201809 1.750 115.142 2.406
201812 1.430 115.142 1.966
201903 -0.076 118.202 -0.102
201906 0.660 120.880 0.864
201909 1.220 123.175 1.568
201912 0.680 126.235 0.853
202003 -1.615 124.705 -2.050
202006 0.030 127.000 0.037
202009 0.650 130.118 0.791
202012 0.800 130.889 0.968
202103 0.105 131.771 0.126
202106 0.690 134.084 0.815
202109 1.490 135.847 1.737
202112 0.160 138.161 0.183
202203 0.200 138.822 0.228
202206 0.170 142.347 0.189
202209 0.160 144.661 0.175
202212 0.150 145.763 0.163
202303 0.160 146.865 0.172
202306 0.150 150.280 0.158
202309 0.110 151.492 0.115
202312 0.130 152.924 0.135
202403 0.140 153.035 0.145
202406 0.180 155.789 0.183
202409 0.150 157.882 0.150
202412 0.180 158.323 0.180

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


Arfin India  (BOM:539151) 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.

Arfin India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.05/8.87
=3.16

* 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 10 years, the highest Shiller P/E Ratio of Arfin India was 6.26. The lowest was 3.07. And the median was 4.29.


Be Aware

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


Arfin India E10 Related Terms

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


Arfin India Business Description

Traded in Other Exchanges
N/A
Address
Plot No.117, Ravi Industrial Estate, Behind Prestige Hotel, Billeshwarpura, Gandhinagar, GJ, IND, 382729
Arfin India Ltd manufactures and sells aluminum products in India. It is engaged in the manufacturing, trading, and selling of non-ferrous metals products. The company's product lines include Aluminum Wire Rods, Aluminum Deox, Cored Wire, Alloy Products, Automobile Parts, and Cable and Conductors. It's Aluminum Deox includes Aluminum ingots, Aluminum cubes, Aluminum shots, and Aluminum sticks. The Cored Wire Mill products include Calcium Silicon Cored Wire, Ferro Silicon Cored Wire, Calcium Cored Wire, and Graphite Cored Wire.

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