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International Industries (KAR:INIL) E10 : ₨21.59 (As of Mar. 2024)


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What is International Industries 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.

International Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₨2.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨21.59 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 (2024-06-19), International Industries's current stock price is ₨192.07. International Industries's E10 for the quarter that ended in Mar. 2024 was ₨21.59. International Industries's Shiller PE Ratio of today is 8.90.

During the past 13 years, the highest Shiller PE Ratio of International Industries was 9.11. The lowest was 6.58. And the median was 7.28.


International Industries E10 Historical Data

The historical data trend for International Industries'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.

International Industries E10 Chart

International Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

International Industries 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 - - - - 21.59

Competitive Comparison of International Industries's E10

For the Steel subindustry, International Industries'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.


International Industries's Shiller PE Ratio Distribution in the Steel Industry

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

* The bar in red indicates where International Industries's Shiller PE Ratio falls into.



International Industries 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, International Industries'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)
=2.14/131.7762*131.7762
=2.140

Current CPI (Mar. 2024) = 131.7762.

International Industries Quarterly Data

per share eps CPI Adj_EPS
201106 -0.768 95.235 -1.063
201206 0.000 96.819 0.000
201306 0.000 98.518 0.000
201406 0.000 100.560 0.000
201506 0.000 100.684 0.000
201509 -0.200 100.392 -0.263
201512 1.018 99.792 1.344
201603 3.782 100.470 4.960
201606 6.045 101.688 7.834
201609 4.000 101.861 5.175
201612 5.073 101.863 6.563
201703 6.009 102.862 7.698
201706 5.745 103.349 7.325
201709 5.000 104.136 6.327
201712 7.764 104.011 9.837
201803 6.955 105.290 8.705
201806 6.418 106.317 7.955
201809 3.970 106.507 4.912
201812 5.890 105.998 7.322
201903 3.400 107.251 4.178
201906 3.340 108.070 4.073
201909 -1.870 108.329 -2.275
201912 1.060 108.420 1.288
202003 -1.510 108.902 -1.827
202006 -2.160 108.767 -2.617
202009 2.800 109.815 3.360
202012 17.340 109.897 20.792
202103 12.560 111.754 14.810
202106 8.690 114.631 9.990
202109 11.480 115.734 13.071
202112 5.070 117.630 5.680
202203 4.190 121.301 4.552
202206 -2.360 125.017 -2.488
202209 4.690 125.227 4.935
202212 -4.190 125.222 -4.409
202303 9.390 127.348 9.717
202306 13.460 128.729 13.779
202309 2.660 129.860 2.699
202312 8.100 129.419 8.248
202403 2.140 131.776 2.140

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


International Industries  (KAR:INIL) 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.

International Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=192.07/21.59
=8.90

* 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 International Industries was 9.11. The lowest was 6.58. And the median was 7.28.


Be Aware

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


International Industries E10 Related Terms

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


International Industries (KAR:INIL) Business Description

Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101, Beaumont Plaza, Karachi, SD, PAK, 75530
International Industries Ltd is a Pakistan-based company engaged in manufacturing and marketing steel pipes and tubes. It operates through three segments namely Steel, Polymer, and Investment. The company generates maximum revenue from the Steel segment. Geographically, it derives a majority of its revenue from Pakistan and also has a presence in Asia, Europe, Australia, Africa, and the Americas. The company's product includes Galvanized Iron Pipe (GI Pipe); IIL MS Sch 40; Cold Rolled Steel Tubing; Scaffolding Pipe (Safescaf); Megaflo 100 (HDPE Water Pipe); Flexflo 80/100 (MDPE Gas Pipe); Cosmo (SS 304); FORZA (SS 409) and others. Its product is used in Hotels; Shopping malls; Kitchen and restaurant equipment; Educational institutions; Resorts and farmhouses; Swimming pools; etc.

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