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Smruthi Organics (BOM:540686) E10 : ₹4.46 (As of Mar. 2024)


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What is Smruthi Organics 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.

Smruthi Organics's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹1.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Smruthi Organics's average E10 Growth Rate was 43.40% 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.

As of today (2024-06-17), Smruthi Organics's current stock price is ₹168.55. Smruthi Organics's E10 for the quarter that ended in Mar. 2024 was ₹4.46. Smruthi Organics's Shiller PE Ratio of today is 37.79.

During the past 13 years, the highest Shiller PE Ratio of Smruthi Organics was 85.86. The lowest was 33.46. And the median was 49.66.


Smruthi Organics E10 Historical Data

The historical data trend for Smruthi Organics'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.

Smruthi Organics E10 Chart

Smruthi Organics 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 - - 3.58 3.11 4.46

Smruthi Organics 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 3.11 3.43 3.79 4.11 4.46

Competitive Comparison of Smruthi Organics's E10

For the Drug Manufacturers - Specialty & Generic subindustry, Smruthi Organics'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.


Smruthi Organics's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Smruthi Organics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Smruthi Organics's Shiller PE Ratio falls into.



Smruthi Organics 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, Smruthi Organics's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.33/153.0345*153.0345
=1.330

Current CPI (Mar. 2024) = 153.0345.

Smruthi Organics Quarterly Data

per share eps CPI Adj_EPS
201406 -0.990 94.103 -1.610
201409 -2.887 96.780 -4.565
201412 -2.300 96.780 -3.637
201503 2.843 97.163 4.478
201506 -0.133 99.841 -0.204
201509 -0.450 101.753 -0.677
201512 -0.643 102.901 -0.956
201603 1.863 102.518 2.781
201606 0.233 105.961 0.337
201609 -0.967 105.961 -1.397
201612 0.440 105.196 0.640
201703 1.680 105.196 2.444
201706 -0.120 107.109 -0.171
201709 0.243 109.021 0.341
201712 1.143 109.404 1.599
201803 -4.073 109.786 -5.677
201806 1.343 111.317 1.846
201809 0.900 115.142 1.196
201812 2.030 115.142 2.698
201903 1.153 118.202 1.493
201906 1.930 120.880 2.443
201909 1.657 123.175 2.059
201912 2.117 126.235 2.566
202003 1.680 124.705 2.062
202006 2.607 127.000 3.141
202009 5.103 130.118 6.002
202012 4.460 130.889 5.215
202103 2.780 131.771 3.229
202106 2.210 134.084 2.522
202109 2.330 135.847 2.625
202112 3.010 138.161 3.334
202203 1.510 138.822 1.665
202206 0.260 142.347 0.280
202209 2.440 144.661 2.581
202212 0.100 145.763 0.105
202303 0.603 146.865 0.628
202306 2.000 150.280 2.037
202309 1.810 151.492 1.828
202312 -2.000 152.924 -2.001
202403 1.330 153.035 1.330

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


Smruthi Organics  (BOM:540686) 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.

Smruthi Organics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=168.55/4.46
=37.79

* 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 Smruthi Organics was 85.86. The lowest was 33.46. And the median was 49.66.


Be Aware

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


Smruthi Organics E10 Related Terms

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


Smruthi Organics (BOM:540686) Business Description

Traded in Other Exchanges
N/A
Address
165-A, Balaji Bhavan, 1st Floor, Railway Lines, Solapur, MH, IND, 413 001
Smruthi Organics Ltd is engaged in the manufacture of bulk drugs and drug intermediates (API Products). The product portfolio includes Amlodipine Besilate, Amlodipine Base, S-Amlodipine Besilate, S-Amlodipine Base, Norfloxacin, Metformin HCI, Diloxanide Furoate, Phthaloyl Amlodipine, Pantoprazole Sodium, Pefloxacin Mesylate Dihydrate, Telmisartan, Losartan Potassium and many more. It has two segments Bulk Drugs and Drugs Intermediates (API) and Formulation. it generates the majority of its revenue from the Bulk Drugs and Drugs Intermediates (API) segment.

Smruthi Organics (BOM:540686) Headlines

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