GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Narmada Agrobase Ltd (BOM:543643) » Definitions » E10

Narmada Agrobase (BOM:543643) E10 : ₹0.57 (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Narmada Agrobase 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.

Narmada Agrobase's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹0.565. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.57 for the trailing ten years ended in Mar. 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), Narmada Agrobase's current stock price is ₹ 15.83. Narmada Agrobase's E10 for the fiscal year that ended in Mar. 2024 was ₹0.57. Narmada Agrobase's Shiller PE Ratio of today is 27.77.

During the past 12 years, the highest Shiller PE Ratio of Narmada Agrobase was 37.67. The lowest was 25.53. And the median was 31.03.


Narmada Agrobase E10 Historical Data

The historical data trend for Narmada Agrobase'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.

Narmada Agrobase E10 Chart

Narmada Agrobase 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 - - 0.48 0.49 0.57

Narmada Agrobase Quarterly Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Mar19 Mar20 Mar21 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 - - 0.57 - -

Competitive Comparison of Narmada Agrobase's E10

For the Agricultural Inputs subindustry, Narmada Agrobase'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.


Narmada Agrobase's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Narmada Agrobase's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Narmada Agrobase's Shiller PE Ratio falls into.



Narmada Agrobase 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, Narmada Agrobase'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)
=0.565/153.0345*153.0345
=0.565

Current CPI (Mar. 2024) = 153.0345.

Narmada Agrobase Annual Data

per_share_eps CPI Adj_EPS
201503 0.077 97.163 0.121
201603 0.104 102.518 0.155
201703 1.259 105.196 1.832
201803 0.222 109.786 0.309
201903 0.497 118.202 0.643
202003 0.739 124.705 0.907
202103 0.377 131.771 0.438
202203 0.339 138.822 0.374
202303 0.362 146.865 0.377
202403 0.565 153.035 0.565

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


Narmada Agrobase  (BOM:543643) 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.

Narmada Agrobase's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.83/0.57
=27.77

* 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 Narmada Agrobase was 37.67. The lowest was 25.53. And the median was 31.03.


Be Aware

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


Narmada Agrobase E10 Related Terms

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


Narmada Agrobase Business Description

Traded in Other Exchanges
Address
401, Silicon Tower, Above Freezeland Restaurant, Law Garden, Navrangpura, Ahmedabad, GJ, IND, 390009
Narmada Agrobase Ltd is engaged in the manufacturing and processing of cotton seed meal cake, cattle feeds and soya bean meal. Its product portfolio includes Cattle Feeds; Cotton Seeds Meal Cake; Cotton Seed Meal Grinder; Delinted Cotton Seeds; Guar Meal; Cotton Linter; and Neem Cake Fertilizer. The company's only operating segment being the manufacturing of delinted cotton seeds.

Narmada Agrobase Headlines

No Headlines