GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » International Steels Ltd (KAR:ISL) » Definitions » E10

International Steels (KAR:ISL) E10 : ₨8.86 (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is International Steels 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 Steels's adjusted earnings per share data for the three months ended in Sep. 2024 was ₨0.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨8.86 for the trailing ten years ended in Sep. 2024.

During the past 12 months, International Steels's average E10 Growth Rate was 4.20% 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 (2024-12-14), International Steels's current stock price is ₨88.17. International Steels's E10 for the quarter that ended in Sep. 2024 was ₨8.86. International Steels's Shiller PE Ratio of today is 9.95.

During the past 13 years, the highest Shiller PE Ratio of International Steels was 9.98. The lowest was 5.62. And the median was 8.14.


International Steels E10 Historical Data

The historical data trend for International Steels'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 Steels E10 Chart

International Steels Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.02

International Steels 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 8.50 8.62 8.91 9.02 8.86

Competitive Comparison of International Steels's E10

For the Steel subindustry, International Steels'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 Steels's Shiller PE Ratio Distribution in the Steel Industry

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

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



International Steels 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 Steels'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)
=0.41/133.0289*133.0289
=0.410

Current CPI (Sep. 2024) = 133.0289.

International Steels Quarterly Data

per share eps CPI Adj_EPS
201409 0.010 100.428 0.013
201412 0.090 99.070 0.121
201506 0.000 100.684 0.000
201509 -0.470 100.392 -0.623
201512 0.290 99.792 0.387
201603 0.980 100.470 1.298
201606 1.910 101.688 2.499
201609 1.300 101.861 1.698
201612 1.370 101.863 1.789
201703 1.970 102.862 2.548
201706 2.360 103.349 3.038
201709 2.310 104.136 2.951
201712 2.710 104.011 3.466
201803 2.420 105.290 3.058
201806 2.600 106.317 3.253
201809 1.930 106.507 2.411
201812 2.090 105.998 2.623
201903 1.410 107.251 1.749
201906 0.700 108.070 0.862
201909 0.800 108.329 0.982
201912 0.270 108.420 0.331
202003 0.440 108.902 0.537
202006 -0.370 108.767 -0.453
202009 1.290 109.815 1.563
202012 5.090 109.897 6.161
202103 5.470 111.754 6.511
202106 5.320 114.631 6.174
202109 6.130 115.734 7.046
202112 3.580 117.630 4.049
202203 2.600 121.301 2.851
202206 0.130 125.017 0.138
202209 1.030 125.227 1.094
202212 -0.890 125.222 -0.945
202303 3.480 127.348 3.635
202306 4.470 128.729 4.619
202309 2.570 129.860 2.633
202312 2.840 129.419 2.919
202403 1.620 131.776 1.635
202406 1.370 132.554 1.375
202409 0.410 133.029 0.410

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


International Steels  (KAR:ISL) 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 Steels's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=88.17/8.86
=9.95

* 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 Steels was 9.98. The lowest was 5.62. And the median was 8.14.


Be Aware

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


International Steels E10 Related Terms

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


International Steels Business Description

Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101 Beaumont Plaza, Karachi, SD, PAK, 75530
International Steels Ltd manufactures steel products. The company produces cold rolled, galvanized, and colour coated steel coils and sheets. It serves industries like construction, appliances, automotive, agricultural implements, and packaging. Geographically, it caters to both domestic and international markets, of which, a majority of its revenue is generated from domestic sales.