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Mangalam Seeds (BOM:539275) E10 : ₹7.34 (As of Mar. 2024)


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What is Mangalam Seeds 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.

Mangalam Seeds's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹12.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹7.34 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 (2024-06-10), Mangalam Seeds's current stock price is ₹ 242.65. Mangalam Seeds's E10 for the fiscal year that ended in Mar. 2024 was ₹7.34. Mangalam Seeds's Shiller PE Ratio of today is 33.06.

During the past 10 years, the highest Shiller PE Ratio of Mangalam Seeds was 43.50. The lowest was 33.05. And the median was 41.21.


Mangalam Seeds E10 Historical Data

The historical data trend for Mangalam Seeds'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.

Mangalam Seeds E10 Chart

Mangalam Seeds 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 - - - - 7.34

Mangalam Seeds 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 - - - - 7.34

Competitive Comparison of Mangalam Seeds's E10

For the Agricultural Inputs subindustry, Mangalam Seeds'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.


Mangalam Seeds's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Mangalam Seeds's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mangalam Seeds's Shiller PE Ratio falls into.



Mangalam Seeds 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, Mangalam Seeds'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)
=12.01/153.0345*153.0345
=12.010

Current CPI (Mar. 2024) = 153.0345.

Mangalam Seeds Annual Data

per_share_eps CPI Adj_EPS
201503 11.675 97.163 18.388
201603 2.790 102.518 4.165
201703 2.965 105.196 4.313
201803 3.030 109.786 4.224
201903 3.050 118.202 3.949
202003 3.410 124.705 4.185
202103 5.590 131.771 6.492
202203 4.710 138.822 5.192
202303 10.080 146.865 10.503
202403 12.010 153.035 12.010

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


Mangalam Seeds  (BOM:539275) 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.

Mangalam Seeds's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=242.65/7.34
=33.06

* 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 Mangalam Seeds was 43.50. The lowest was 33.05. And the median was 41.21.


Be Aware

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


Mangalam Seeds E10 Related Terms

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


Mangalam Seeds (BOM:539275) Business Description

Traded in Other Exchanges
N/A
Address
202, Sampada Complex, Mithakhali Six Roads, Behind Tulsi Complex, Navarangpura, Ahmedabad, GJ, IND, 380009
Mangalam Seeds Ltd is engaged in the production, sale, and marketing of agricultural seeds and chemicals. It operates in one segment that is Sale of seeds. The company offers products under categories, such as cotton, moong, cumin, castor, mustard, cumin, fennel, jawar fodder, and vegetable. The company has its marketing channel in Gujarat and Rajasthan, comprising of a number of distributors, dealers, and retailers to support marketing.

Mangalam Seeds (BOM:539275) Headlines

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