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Bharat Rasayan (BOM:590021) E10 : ₹331.85 (As of Dec. 2024)


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What is Bharat Rasayan 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.

Bharat Rasayan's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹97.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹331.85 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Bharat Rasayan's average E10 Growth Rate was 15.10% 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 (2025-04-04), Bharat Rasayan's current stock price is ₹10789.25. Bharat Rasayan's E10 for the quarter that ended in Dec. 2024 was ₹331.85. Bharat Rasayan's Shiller PE Ratio of today is 32.51.

During the past 13 years, the highest Shiller PE Ratio of Bharat Rasayan was 59.82. The lowest was 28.96. And the median was 35.11.


Bharat Rasayan E10 Historical Data

The historical data trend for Bharat Rasayan'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.

Bharat Rasayan E10 Chart

Bharat Rasayan 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 - - 236.69 276.82 303.50

Bharat Rasayan Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 288.28 303.50 315.51 323.04 331.85

Competitive Comparison of Bharat Rasayan's E10

For the Agricultural Inputs subindustry, Bharat Rasayan'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.


Bharat Rasayan's Shiller PE Ratio Distribution in the Agriculture Industry

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

* The bar in red indicates where Bharat Rasayan's Shiller PE Ratio falls into.


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Bharat Rasayan 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, Bharat Rasayan's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=97.54/158.3229*158.3229
=97.540

Current CPI (Dec. 2024) = 158.3229.

Bharat Rasayan Quarterly Data

per share eps CPI Adj_EPS
201503 13.060 97.163 21.281
201506 19.370 99.841 30.716
201509 33.660 101.753 52.373
201512 15.090 102.901 23.217
201603 11.630 102.518 17.961
201606 34.320 105.961 51.280
201609 39.070 105.961 58.377
201612 26.460 105.196 39.823
201703 28.500 105.196 42.893
201706 36.790 107.109 54.381
201709 56.680 109.021 82.312
201712 54.350 109.404 78.652
201803 83.600 109.786 120.560
201806 58.790 111.317 83.616
201809 84.240 115.142 115.832
201812 50.250 115.142 69.095
201903 69.210 118.202 92.702
201906 98.220 120.880 128.644
201909 128.560 123.175 165.245
201912 59.010 126.235 74.010
202003 85.250 124.705 108.232
202006 109.920 127.000 137.030
202009 83.010 130.118 101.004
202012 82.660 130.889 99.985
202103 110.110 131.771 132.298
202106 95.010 134.084 112.185
202109 63.700 135.847 74.239
202112 110.420 138.161 126.534
202203 155.370 138.822 177.196
202206 90.630 142.347 100.801
202209 55.180 144.661 60.391
202212 81.270 145.763 88.273
202303 72.800 146.865 78.480
202306 17.060 150.280 17.973
202309 14.440 151.492 15.091
202312 36.850 152.924 38.151
202403 161.510 153.035 167.091
202406 103.770 155.789 105.458
202409 77.350 157.882 77.566
202412 97.540 158.323 97.540

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


Bharat Rasayan  (BOM:590021) 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.

Bharat Rasayan's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10789.25/331.85
=32.51

* 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 Bharat Rasayan was 59.82. The lowest was 28.96. And the median was 35.11.


Be Aware

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


Bharat Rasayan E10 Related Terms

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


Bharat Rasayan Business Description

Traded in Other Exchanges
Address
1501, Vikram Tower, Rajendra Place, New Delhi, IND, 110008
Bharat Rasayan Ltd is engaged in the business of agrochemicals. The company is the manufacturer and exporter of pesticides, technical formulation, and intermediaries. The Company operates only in one business segment which is pesticides. Its product categories include Insecticides; Herbicides; Fungicides and Plant Growth Regulator.

Bharat Rasayan Headlines

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