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Engro Fertilizers (KAR:EFERT) E10 : ₨14.77 (As of Mar. 2024)


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What is Engro Fertilizers 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.

Engro Fertilizers's adjusted earnings per share data for the three months ended in Mar. 2024 was ₨8.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨14.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Engro Fertilizers's average E10 Growth Rate was 17.70% 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 (2024-06-21), Engro Fertilizers's current stock price is ₨168.24. Engro Fertilizers's E10 for the quarter that ended in Mar. 2024 was ₨14.77. Engro Fertilizers's Shiller PE Ratio of today is 11.39.

During the past 11 years, the highest Shiller PE Ratio of Engro Fertilizers was 11.85. The lowest was 5.98. And the median was 6.96.


Engro Fertilizers E10 Historical Data

The historical data trend for Engro Fertilizers'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.

Engro Fertilizers E10 Chart

Engro Fertilizers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 12.09 13.85

Engro Fertilizers 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 12.55 12.68 13.31 13.85 14.77

Competitive Comparison of Engro Fertilizers's E10

For the Agricultural Inputs subindustry, Engro Fertilizers'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.


Engro Fertilizers's Shiller PE Ratio Distribution in the Agriculture Industry

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

* The bar in red indicates where Engro Fertilizers's Shiller PE Ratio falls into.



Engro Fertilizers 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, Engro Fertilizers'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)
=8.08/131.7762*131.7762
=8.080

Current CPI (Mar. 2024) = 131.7762.

Engro Fertilizers Quarterly Data

per share eps CPI Adj_EPS
201406 1.400 100.560 1.835
201409 1.580 100.428 2.073
201412 2.050 99.070 2.727
201503 2.300 99.621 3.042
201506 2.850 100.684 3.730
201509 2.050 100.392 2.691
201512 3.920 99.792 5.176
201603 1.550 100.470 2.033
201606 0.490 101.688 0.635
201609 2.150 101.861 2.781
201612 2.660 101.863 3.441
201703 1.230 102.862 1.576
201706 1.850 103.349 2.359
201709 2.100 104.136 2.657
201712 3.170 104.011 4.016
201803 2.910 105.290 3.642
201806 2.440 106.317 3.024
201809 3.820 106.507 4.726
201812 3.870 105.998 4.811
201903 3.000 107.251 3.686
201906 2.380 108.070 2.902
201909 2.490 108.329 3.029
201912 4.770 108.420 5.798
202003 0.430 108.902 0.520
202006 2.910 108.767 3.526
202009 5.270 109.815 6.324
202012 4.970 109.897 5.959
202103 4.300 111.754 5.070
202106 3.570 114.631 4.104
202109 3.300 115.734 3.757
202112 4.630 117.630 5.187
202203 4.130 121.301 4.487
202206 -0.070 125.017 -0.074
202209 3.130 125.227 3.294
202212 4.790 125.222 5.041
202303 3.300 127.348 3.415
202306 0.790 128.729 0.809
202309 7.170 129.860 7.276
202312 8.340 129.419 8.492
202403 8.080 131.776 8.080

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


Engro Fertilizers  (KAR:EFERT) 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.

Engro Fertilizers's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=168.24/14.77
=11.39

* 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 11 years, the highest Shiller P/E Ratio of Engro Fertilizers was 11.85. The lowest was 5.98. And the median was 6.96.


Be Aware

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


Engro Fertilizers E10 Related Terms

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


Engro Fertilizers (KAR:EFERT) Business Description

Traded in Other Exchanges
N/A
Address
Plot No HC No-3, Marine Drive, Block 4, 7th & 8th Floor, The Harbor Front Building, Scheme Number 5, Clifton, Karachi, SD, PAK, 75600
Engro Fertilizers Ltd is a Pakistan-based company mainly involved in the manufacturing, purchasing, and marketing of fertilizers, seeds, and pesticides and providing logistics services. It operates in five segments: Urea, Phosphates, Specialty Fertilizers Business, Crop Sciences division, and E-logistics. The company offers different ranges of products under brand names such as Engro Urea, Engro DAP, Engro NP, Engro Envy, Engro Zarkhez, Engro MOP, and Zingro.

Engro Fertilizers (KAR:EFERT) Headlines

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