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Aries Agro (NSE:ARIES) E10 : ₹14.40 (As of Dec. 2024)


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What is Aries Agro 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.

Aries Agro's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹8.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹14.40 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Aries Agro's average E10 Growth Rate was 8.30% 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 (2025-03-30), Aries Agro's current stock price is ₹253.62. Aries Agro's E10 for the quarter that ended in Dec. 2024 was ₹14.40. Aries Agro's Shiller PE Ratio of today is 17.61.

During the past 13 years, the highest Shiller PE Ratio of Aries Agro was 27.06. The lowest was 8.41. And the median was 13.44.


Aries Agro E10 Historical Data

The historical data trend for Aries Agro'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.

Aries Agro E10 Chart

Aries Agro 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 - - 12.30 13.18 13.14

Aries Agro Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 13.46 13.14 13.58 14.25 14.40

Competitive Comparison of Aries Agro's E10

For the Agricultural Inputs subindustry, Aries Agro'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.


Aries Agro's Shiller PE Ratio Distribution in the Agriculture Industry

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

* The bar in red indicates where Aries Agro's Shiller PE Ratio falls into.


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Aries Agro 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, Aries Agro's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=8.91/158.3229*158.3229
=8.910

Current CPI (Dec. 2024) = 158.3229.

Aries Agro Quarterly Data

per share eps CPI Adj_EPS
201503 0.733 97.163 1.194
201506 1.950 99.841 3.092
201509 2.430 101.753 3.781
201512 5.340 102.901 8.216
201603 -0.060 102.518 -0.093
201606 0.780 105.961 1.165
201609 4.800 105.961 7.172
201612 1.910 105.196 2.875
201703 -2.060 105.196 -3.100
201706 1.460 107.109 2.158
201709 5.630 109.021 8.176
201712 3.820 109.404 5.528
201803 -2.850 109.786 -4.110
201806 2.430 111.317 3.456
201809 6.820 115.142 9.378
201812 2.330 115.142 3.204
201903 -3.980 118.202 -5.331
201906 3.050 120.880 3.995
201909 8.730 123.175 11.221
201912 3.650 126.235 4.578
202003 -7.940 124.705 -10.080
202006 4.360 127.000 5.435
202009 9.270 130.118 11.279
202012 3.630 130.889 4.391
202103 -3.450 131.771 -4.145
202106 4.480 134.084 5.290
202109 8.580 135.847 10.000
202112 2.610 138.161 2.991
202203 -5.450 138.822 -6.216
202206 5.390 142.347 5.995
202209 11.050 144.661 12.094
202212 3.940 145.763 4.280
202303 -7.210 146.865 -7.773
202306 3.650 150.280 3.845
202309 9.610 151.492 10.043
202312 6.000 152.924 6.212
202403 -4.320 153.035 -4.469
202406 5.590 155.789 5.681
202409 14.510 157.882 14.551
202412 8.910 158.323 8.910

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


Aries Agro  (NSE:ARIES) 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.

Aries Agro's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=253.62/14.40
=17.61

* 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 Aries Agro was 27.06. The lowest was 8.41. And the median was 13.44.


Be Aware

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


Aries Agro E10 Related Terms

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


Aries Agro Business Description

Traded in Other Exchanges
Address
Aries House, Plot No. 24, Deonar, Govandi (East), Mumbai, MH, IND, 400043
Aries Agro Ltd is involved in the business of manufacturing micronutrients and other customized nutritional products for plants and animals. The company also deals in Veterinary products on a small scale. It has also started dealing and manufacturing soluble fertilizers and sulphur based fertilizers. Some of the products produced by the company are; Aries Garden Care kit, Macrofert water-soluble complex fertilizers, and Fishmin micronutrient fertilizers for pond culture among others.

Aries Agro Headlines

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