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Cochin Shipyard (BOM:540678) E10 : ₹21.00 (As of Jun. 2024)


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What is Cochin Shipyard 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.

Cochin Shipyard's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹29.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹21.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cochin Shipyard's average E10 Growth Rate was 8.80% per year. During the past 3 years, the average E10 Growth Rate was 6.80% 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 Cochin Shipyard was 6.80% per year. The lowest was 6.80% per year. And the median was 6.80% per year.

As of today (2024-09-21), Cochin Shipyard's current stock price is ₹ 1846.55. Cochin Shipyard's E10 for the fiscal year that ended in Mar. 2024 was ₹21.00. Cochin Shipyard's Shiller PE Ratio of today is 87.93.

During the past 13 years, the highest Shiller PE Ratio of Cochin Shipyard was 105.36. The lowest was 7.94. And the median was 12.15.


Cochin Shipyard E10 Historical Data

The historical data trend for Cochin Shipyard'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.

Cochin Shipyard E10 Chart

Cochin Shipyard 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 - 17.23 19.06 19.31 21.00

Cochin Shipyard Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - 21.00 -

Competitive Comparison of Cochin Shipyard's E10

For the Aerospace & Defense subindustry, Cochin Shipyard'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.


Cochin Shipyard's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cochin Shipyard's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cochin Shipyard's Shiller PE Ratio falls into.



Cochin Shipyard 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, Cochin Shipyard'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)
=29.77/153.0345*153.0345
=29.770

Current CPI (Mar. 2024) = 153.0345.

Cochin Shipyard Annual Data

per_share_eps CPI Adj_EPS
201503 3.144 97.163 4.952
201603 12.035 102.518 17.965
201703 14.220 105.196 20.687
201803 15.499 109.786 21.605
201903 17.735 118.202 22.961
202003 24.025 124.705 29.483
202103 23.135 131.771 26.868
202203 21.435 138.822 23.630
202303 11.580 146.865 12.066
202403 29.770 153.035 29.770

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


Cochin Shipyard  (BOM:540678) 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.

Cochin Shipyard's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1846.55/21
=87.93

* 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 Cochin Shipyard was 105.36. The lowest was 7.94. And the median was 12.15.


Be Aware

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


Cochin Shipyard E10 Related Terms

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


Cochin Shipyard Business Description

Traded in Other Exchanges
Address
Administrative Building, Cochin Shipyard Premises, Perumanoor, Ernakulam, Kochi, KL, IND, 682 015
Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.

Cochin Shipyard Headlines

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