GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Atul Ltd (NSE:ATUL) » Definitions » E10

Atul (NSE:ATUL) E10 : ₹256.71 (As of Sep. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Atul 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.

Atul's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹46.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹256.71 for the trailing ten years ended in Sep. 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 (2024-12-14), Atul's current stock price is ₹7211.30. Atul's E10 for the quarter that ended in Sep. 2024 was ₹256.71. Atul's Shiller PE Ratio of today is 28.09.

During the past 13 years, the highest Shiller PE Ratio of Atul was 30.88. The lowest was 28.42. And the median was 28.98.


Atul E10 Historical Data

The historical data trend for Atul'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.

Atul E10 Chart

Atul 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 - - - - -

Atul 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 - - - - 256.71

Competitive Comparison of Atul's E10

For the Specialty Chemicals subindustry, Atul'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.


Atul's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



Atul 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, Atul'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)
=46.47/157.8822*157.8822
=46.470

Current CPI (Sep. 2024) = 157.8822.

Atul Quarterly Data

per share eps CPI Adj_EPS
200503 4.810 43.531 17.445
200603 31.420 45.521 108.975
200703 7.860 48.581 25.544
200803 10.270 52.407 30.940
200903 14.290 56.615 39.851
201003 18.710 65.030 45.425
201103 30.430 70.768 67.889
201203 30.710 76.889 63.059
201303 40.380 85.687 74.402
201403 73.900 91.425 127.618
201503 81.130 97.163 131.830
201603 92.436 102.518 142.355
201703 108.884 105.196 163.417
201803 93.211 109.786 134.045
201806 37.610 111.317 53.343
201809 41.210 115.142 56.507
201812 39.460 115.142 54.107
201903 37.610 118.202 50.236
201906 49.670 120.880 64.874
201909 70.450 123.175 90.301
201912 56.960 126.235 71.240
202003 47.620 124.705 60.289
202006 39.710 127.000 49.366
202009 58.780 130.118 71.322
202012 63.580 130.889 76.692
202103 59.110 131.771 70.823
202106 56.090 134.084 66.045
202109 49.560 135.847 57.599
202112 52.530 138.161 60.028
202203 46.050 138.822 52.373
202206 55.700 142.347 61.779
202209 51.110 144.661 55.781
202212 35.600 145.763 38.560
202303 31.700 146.865 34.078
202306 35.020 150.280 36.792
202309 30.600 151.492 31.891
202312 24.040 152.924 24.819
202403 19.850 153.035 20.479
202406 38.001 155.789 38.512
202409 46.470 157.882 46.470

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


Atul  (NSE:ATUL) 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.

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

Shiller PE Ratio=Share Price/E10
=7211.30/256.71
=28.09

* 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 Atul was 30.88. The lowest was 28.42. And the median was 28.98.


Be Aware

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


Atul E10 Related Terms

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


Atul Business Description

Traded in Other Exchanges
Address
Atul, Ahmedabad, GJ, IND, 396020
Atul Ltd manufactures and sells a variety of chemicals and chemical-based products. The firm's segments are based on its product types. The Performance and other chemicals segment, which generates the majority of its revenue, sells Adhesion promoters, Bulk chemicals, Epoxy resins, Hardeners, Intermediates, and Textile dyes. The Life science chemicals segment sells crop protection products including herbicides, insecticides, and fungicides. The segment also sells pharmaceuticals used to treat depression, diabetes, infections, and cardiovascular diseases. The Others segment includes Agribiotech, Food products, Services, and others. Geographically, the company generates almost half of its revenue in India and the rest from regions outside India.

Atul Headlines

No Headlines