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AVI Polymers (BOM:539288) E10 : ₹0.51 (As of Sep. 2024)


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What is AVI Polymers 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.

AVI Polymers's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.51 for the trailing ten years ended in Sep. 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 (2024-12-14), AVI Polymers's current stock price is ₹12.41. AVI Polymers's E10 for the quarter that ended in Sep. 2024 was ₹0.51. AVI Polymers's Shiller PE Ratio of today is 24.33.

During the past 10 years, the highest Shiller PE Ratio of AVI Polymers was 25.78. The lowest was 22.57. And the median was 23.93.


AVI Polymers E10 Historical Data

The historical data trend for AVI Polymers'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.

AVI Polymers E10 Chart

AVI Polymers 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 - - - - -

AVI Polymers Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 - - - 0.50 0.51

Competitive Comparison of AVI Polymers's E10

For the Specialty Chemicals subindustry, AVI Polymers'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.


AVI Polymers's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AVI Polymers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AVI Polymers's Shiller PE Ratio falls into.



AVI Polymers 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, AVI Polymers's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.09/157.8822*157.8822
=0.090

Current CPI (Sep. 2024) = 157.8822.

AVI Polymers Quarterly Data

per share eps CPI Adj_EPS
201412 -0.080 96.780 -0.131
201503 0.054 97.163 0.088
201506 0.020 99.841 0.032
201509 0.044 101.753 0.068
201512 0.051 102.901 0.078
201603 -0.100 102.518 -0.154
201606 0.038 105.961 0.057
201609 0.007 105.961 0.010
201612 0.010 105.196 0.015
201703 1.083 105.196 1.625
201706 -0.340 107.109 -0.501
201709 -0.020 109.021 -0.029
201712 -0.023 109.404 -0.033
201803 0.500 109.786 0.719
201806 0.010 111.317 0.014
201809 0.010 115.142 0.014
201812 0.001 115.142 0.001
201903 0.020 118.202 0.027
201906 -0.010 120.880 -0.013
201909 -0.150 123.175 -0.192
201912 0.270 126.235 0.338
202003 0.050 124.705 0.063
202006 0.030 127.000 0.037
202009 0.090 130.118 0.109
202012 0.470 130.889 0.567
202103 0.240 131.771 0.288
202106 0.100 134.084 0.118
202109 0.100 135.847 0.116
202112 0.670 138.161 0.766
202203 0.300 138.822 0.341
202206 0.100 142.347 0.111
202209 0.120 144.661 0.131
202212 0.030 145.763 0.032
202303 0.050 146.865 0.054
202306 0.030 150.280 0.032
202309 0.040 151.492 0.042
202312 -0.020 152.924 -0.021
202403 0.000 153.035 0.000
202406 0.040 155.789 0.041
202409 0.090 157.882 0.090

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


AVI Polymers  (BOM:539288) 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.

AVI Polymers's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.41/0.51
=24.33

* 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 AVI Polymers was 25.78. The lowest was 22.57. And the median was 23.93.


Be Aware

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


AVI Polymers E10 Related Terms

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


AVI Polymers Business Description

Traded in Other Exchanges
N/A
Address
Premchand Nagar Road, 103, Nalanda Complex, Vastrapur, Ahmedabad, GJ, IND, 380015
AVI Polymers Ltd is an India based company engaged in the wholesale trading of chemicals including polymer compounds for cables, plastics, and textile industries. Its products are categorized into the chemical division, dye intermediate division, detergent chemical division, polymers division, and water treatment chemicals division.

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