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Sundaram Brake Linings (BOM:590072) E10 : ₹5.44 (As of Sep. 2024)


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What is Sundaram Brake Linings 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.

Sundaram Brake Linings's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹3.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5.44 for the trailing ten years ended in Sep. 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), Sundaram Brake Linings's current stock price is ₹1145.65. Sundaram Brake Linings's E10 for the quarter that ended in Sep. 2024 was ₹5.44. Sundaram Brake Linings's Shiller PE Ratio of today is 210.60.

During the past 13 years, the highest Shiller PE Ratio of Sundaram Brake Linings was 2307.66. The lowest was 143.96. And the median was 350.22.


Sundaram Brake Linings E10 Historical Data

The historical data trend for Sundaram Brake Linings'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.

Sundaram Brake Linings E10 Chart

Sundaram Brake Linings 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 - - -3.27 -2.63 2.01

Sundaram Brake Linings 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 -0.76 0.32 2.01 4.85 5.44

Competitive Comparison of Sundaram Brake Linings's E10

For the Auto Parts subindustry, Sundaram Brake Linings'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.


Sundaram Brake Linings's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sundaram Brake Linings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sundaram Brake Linings's Shiller PE Ratio falls into.



Sundaram Brake Linings 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, Sundaram Brake Linings'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)
=3.73/157.8822*157.8822
=3.730

Current CPI (Sep. 2024) = 157.8822.

Sundaram Brake Linings Quarterly Data

per share eps CPI Adj_EPS
201412 0.010 96.780 0.016
201503 -21.440 97.163 -34.838
201506 -8.650 99.841 -13.679
201509 0.240 101.753 0.372
201512 1.070 102.901 1.642
201603 6.300 102.518 9.702
201606 0.720 105.961 1.073
201609 3.170 105.961 4.723
201612 -2.030 105.196 -3.047
201703 2.560 105.196 3.842
201706 4.270 107.109 6.294
201709 1.360 109.021 1.970
201712 1.380 109.404 1.991
201803 2.560 109.786 3.681
201806 4.080 111.317 5.787
201809 3.700 115.142 5.073
201812 0.400 115.142 0.548
201903 9.750 118.202 13.023
201906 3.220 120.880 4.206
201909 -0.920 123.175 -1.179
201912 1.210 126.235 1.513
202003 2.890 124.705 3.659
202006 -13.600 127.000 -16.907
202009 10.910 130.118 13.238
202012 13.400 130.889 16.163
202103 4.540 131.771 5.440
202106 -3.360 134.084 -3.956
202109 -1.390 135.847 -1.615
202112 -4.120 138.161 -4.708
202203 9.070 138.822 10.315
202206 -1.110 142.347 -1.231
202209 -9.250 144.661 -10.095
202212 -7.280 145.763 -7.885
202303 5.490 146.865 5.902
202306 8.000 150.280 8.405
202309 7.260 151.492 7.566
202312 8.030 152.924 8.290
202403 1.470 153.035 1.517
202406 3.790 155.789 3.841
202409 3.730 157.882 3.730

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


Sundaram Brake Linings  (BOM:590072) 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.

Sundaram Brake Linings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1145.65/5.44
=210.60

* 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 Sundaram Brake Linings was 2307.66. The lowest was 143.96. And the median was 350.22.


Be Aware

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


Sundaram Brake Linings E10 Related Terms

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


Sundaram Brake Linings Business Description

Traded in Other Exchanges
Address
Padi, Chennai, TN, IND, 600 050
Sundaram Brake Linings Ltd is involved in the manufacture of automotive, non-automotive, railways, and industrial friction materials. Their products are used as raw materials for commercial vehicles, passenger cars, tractors (agricultural), railways, and the two-wheeler industry. Geographically, it derives a majority of revenue from India. The company offers products, including Brake Linings, Clutch Facings, Disc Brake pads, and others. Its only operating segment being friction materials. The company operates Domestically and Internationally.

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