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Yash Chemex (BOM:539939) E10 : ₹1.77 (As of Mar. 2024)


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What is Yash Chemex 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.

Yash Chemex's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹-0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yash Chemex's average E10 Growth Rate was 1.10% per year. During the past 3 years, the average E10 Growth Rate was 15.80% per year. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Yash Chemex was 24.40% per year. The lowest was 15.80% per year. And the median was 20.10% per year.

As of today (2024-06-13), Yash Chemex's current stock price is ₹ 55.58. Yash Chemex's E10 for the fiscal year that ended in Mar. 2024 was ₹1.77. Yash Chemex's Shiller PE Ratio of today is 31.40.

During the past 13 years, the highest Shiller PE Ratio of Yash Chemex was 88.13. The lowest was 29.26. And the median was 40.10.


Yash Chemex E10 Historical Data

The historical data trend for Yash Chemex'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.

Yash Chemex E10 Chart

Yash Chemex 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 0.91 1.14 1.43 1.75 1.77

Yash Chemex 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 1.75 - - - 1.77

Competitive Comparison of Yash Chemex's E10

For the Specialty Chemicals subindustry, Yash Chemex'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.


Yash Chemex's Shiller PE Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Yash Chemex's Shiller PE Ratio falls into.



Yash Chemex 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, Yash Chemex'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)
=-0.27/153.0345*153.0345
=-0.270

Current CPI (Mar. 2024) = 153.0345.

Yash Chemex Annual Data

per_share_eps CPI Adj_EPS
201503 0.180 97.163 0.284
201603 0.544 102.518 0.812
201703 0.620 105.196 0.902
201803 1.790 109.786 2.495
201903 2.240 118.202 2.900
202003 2.330 124.705 2.859
202103 1.860 131.771 2.160
202203 2.470 138.822 2.723
202303 2.730 146.865 2.845
202403 -0.270 153.035 -0.270

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


Yash Chemex  (BOM:539939) 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.

Yash Chemex's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=55.58/1.77
=31.40

* 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 13 years, the highest Shiller P/E Ratio of Yash Chemex was 88.13. The lowest was 29.26. And the median was 40.10.


Be Aware

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


Yash Chemex E10 Related Terms

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


Yash Chemex (BOM:539939) Business Description

Traded in Other Exchanges
N/A
Address
132 Feet Ring Road, 411, 4th Floor, Sigma Icon-1, Opposite Medilink Hospital, Satellite, Ahmedabad, GJ, IND, 380015
Yash Chemex Ltd is a chemical and dyes manufacturing and distribution company. The company's operating segment is the trading of chemicals. Through it's subsidiary, it also offers FMCG products like Perfume, Pocket Perfumes, Body Deodorant Sprays, Refreshing Toners, Hair-Re-Growth Oil, hand-made Natural Soaps and manufacturing of Industrial Dyes, Pigments Paste and Intermediates. Geographically, it derives a majority of revenue from India.

Yash Chemex (BOM:539939) Headlines

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