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International Steels (KAR:ISL) E10 : ₨8.91 (As of Mar. 2024)


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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 Mar. 2024 was ₨1.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₨8.91 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 (2024-06-20), International Steels's current stock price is ₨86.88. International Steels's E10 for the quarter that ended in Mar. 2024 was ₨8.91. International Steels's Shiller PE Ratio of today is 9.75.

During the past 12 years, the highest Shiller PE Ratio of International Steels was 9.87. The lowest was 5.62. And the median was 7.97.


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

International Steels 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 - - 8.50 8.62 8.91

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 Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.62/131.7762*131.7762
=1.620

Current CPI (Mar. 2024) = 131.7762.

International Steels Quarterly Data

per share eps CPI Adj_EPS
201312 0.590 98.326 0.791
201406 0.000 100.560 0.000
201409 0.010 100.428 0.013
201412 0.090 99.070 0.120
201506 0.000 100.684 0.000
201509 -0.470 100.392 -0.617
201512 0.290 99.792 0.383
201603 0.980 100.470 1.285
201606 1.910 101.688 2.475
201609 1.300 101.861 1.682
201612 1.370 101.863 1.772
201703 1.970 102.862 2.524
201706 2.360 103.349 3.009
201709 2.310 104.136 2.923
201712 2.710 104.011 3.433
201803 2.420 105.290 3.029
201806 2.600 106.317 3.223
201809 1.930 106.507 2.388
201812 2.090 105.998 2.598
201903 1.410 107.251 1.732
201906 0.700 108.070 0.854
201909 0.800 108.329 0.973
201912 0.270 108.420 0.328
202003 0.440 108.902 0.532
202006 -0.370 108.767 -0.448
202009 1.290 109.815 1.548
202012 5.090 109.897 6.103
202103 5.470 111.754 6.450
202106 5.320 114.631 6.116
202109 6.130 115.734 6.980
202112 3.580 117.630 4.011
202203 2.600 121.301 2.825
202206 0.130 125.017 0.137
202209 1.030 125.227 1.084
202212 -0.890 125.222 -0.937
202303 3.480 127.348 3.601
202306 4.470 128.729 4.576
202309 2.570 129.860 2.608
202312 2.840 129.419 2.892
202403 1.620 131.776 1.620

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
=86.88/8.91
=9.75

* 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 12 years, the highest Shiller P/E Ratio of International Steels was 9.87. The lowest was 5.62. And the median was 7.97.


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 (KAR:ISL) Business Description

Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101 Beaumont Plaza, Civil Lines, Karachi, SD, PAK, 75530
International Steels Ltd manufactures steel products. The company produces cold-rolled, sheet, and hot-dipped galvanized sheet steels. It serves industries like construction, appliances, automotive, agricultural implements, and packaging. Geographically, it derives a majority of revenue from Domestic sales.

International Steels (KAR:ISL) Headlines