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SRU Steels (BOM:540914) E10 : ₹0.34 (As of Sep. 2024)


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What is SRU Steels 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.

SRU Steels's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹-0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.34 for the trailing ten years ended in Sep. 2024.

During the past 12 months, SRU Steels's average E10 Growth Rate was -12.80% 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.

As of today (2024-12-15), SRU Steels's current stock price is ₹7.60. SRU Steels's E10 for the quarter that ended in Sep. 2024 was ₹0.34. SRU Steels's Shiller PE Ratio of today is 22.35.

During the past 12 years, the highest Shiller PE Ratio of SRU Steels was 60.11. The lowest was 18.91. And the median was 26.38.


SRU Steels E10 Historical Data

The historical data trend for SRU Steels'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.

SRU Steels E10 Chart

SRU Steels 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 - - - - 0.39

SRU Steels 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 0.39 0.39 0.39 0.35 0.34

Competitive Comparison of SRU Steels's E10

For the Steel subindustry, SRU Steels'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.


SRU Steels's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SRU Steels's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SRU Steels's Shiller PE Ratio falls into.



SRU Steels 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, SRU Steels'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)
=-0.11/157.8822*157.8822
=-0.110

Current CPI (Sep. 2024) = 157.8822.

SRU Steels Quarterly Data

per share eps CPI Adj_EPS
201406 0.071 94.103 0.119
201409 0.014 96.780 0.023
201412 0.026 96.780 0.042
201503 0.098 97.163 0.159
201506 0.091 99.841 0.144
201509 0.191 101.753 0.296
201603 0.035 102.518 0.054
201606 0.094 105.961 0.140
201609 0.136 105.961 0.203
201703 0.019 105.196 0.029
201706 0.039 107.109 0.057
201709 0.206 109.021 0.298
201712 0.142 109.404 0.205
201803 0.122 109.786 0.175
201806 0.077 111.317 0.109
201809 0.071 115.142 0.097
201812 0.039 115.142 0.053
201903 0.052 118.202 0.069
201906 0.045 120.880 0.059
201909 0.193 123.175 0.247
201912 -0.135 126.235 -0.169
202003 0.077 124.705 0.097
202006 0.039 127.000 0.048
202009 0.039 130.118 0.047
202012 0.026 130.889 0.031
202103 0.064 131.771 0.077
202106 0.045 134.084 0.053
202109 0.064 135.847 0.074
202112 0.006 138.161 0.007
202203 0.071 138.822 0.081
202206 0.039 142.347 0.043
202209 0.087 144.661 0.095
202212 0.126 145.763 0.136
202303 0.394 146.865 0.424
202306 0.058 150.280 0.061
202309 0.050 151.492 0.052
202312 0.068 152.924 0.070
202403 0.087 153.035 0.090
202406 -0.367 155.789 -0.372
202409 -0.110 157.882 -0.110

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


SRU Steels  (BOM:540914) 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.

SRU Steels's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.60/0.34
=22.35

* 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 12 years, the highest Shiller P/E Ratio of SRU Steels was 60.11. The lowest was 18.91. And the median was 26.38.


Be Aware

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


SRU Steels E10 Related Terms

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


SRU Steels Business Description

Traded in Other Exchanges
N/A
Address
A-48, 1st Floor, Wazirpur Industrial Area, New Delhi, IND, 110052
SRU Steels Ltd is an India-based company engaged in trading in various types of Iron and Steel. It offers Stainless Steel products such as Coils, Sheets, and other type of steel. Geographically it operates in India. The company is also engaged in the sale of steel products on a commission basis.

SRU Steels Headlines

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