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Cords Cable Industries (NSE:CORDSCABLE) E10 : ₹6.68 (As of Sep. 2024)


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What is Cords Cable 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.

Cords Cable Industries's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹2.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.68 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Cords Cable Industries's average E10 Growth Rate was 14.90% per year. During the past 3 years, the average E10 Growth Rate was -2.80% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Cords Cable Industries was -2.80% per year. The lowest was -2.80% per year. And the median was -2.80% per year.

As of today (2024-12-14), Cords Cable Industries's current stock price is ₹226.38. Cords Cable Industries's E10 for the quarter that ended in Sep. 2024 was ₹6.68. Cords Cable Industries's Shiller PE Ratio of today is 33.89.

During the past 13 years, the highest Shiller PE Ratio of Cords Cable Industries was 41.13. The lowest was 5.89. And the median was 12.25.


Cords Cable Industries E10 Historical Data

The historical data trend for Cords Cable 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.

Cords Cable Industries E10 Chart

Cords Cable Industries 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 - 6.71 5.43 5.41 6.14

Cords Cable Industries 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 5.83 6.05 6.14 6.42 6.68

Competitive Comparison of Cords Cable Industries's E10

For the Electrical Equipment & Parts subindustry, Cords Cable 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.


Cords Cable Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cords Cable Industries's Shiller PE Ratio distribution charts can be found below:

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



Cords Cable 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, Cords Cable Industries'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)
=2.02/157.8822*157.8822
=2.020

Current CPI (Sep. 2024) = 157.8822.

Cords Cable Industries Quarterly Data

per share eps CPI Adj_EPS
201412 0.410 96.780 0.669
201503 1.220 97.163 1.982
201506 0.360 99.841 0.569
201509 0.360 101.753 0.559
201512 0.380 102.901 0.583
201603 1.410 102.518 2.171
201606 0.590 105.961 0.879
201609 0.690 105.961 1.028
201612 0.820 105.196 1.231
201703 1.650 105.196 2.476
201706 0.830 107.109 1.223
201709 0.910 109.021 1.318
201712 0.950 109.404 1.371
201803 2.080 109.786 2.991
201806 1.060 111.317 1.503
201809 1.350 115.142 1.851
201812 1.500 115.142 2.057
201903 1.768 118.202 2.362
201906 1.234 120.880 1.612
201909 1.720 123.175 2.205
201912 1.620 126.235 2.026
202003 3.672 124.705 4.649
202006 0.096 127.000 0.119
202009 1.720 130.118 2.087
202012 1.013 130.889 1.222
202103 1.489 131.771 1.784
202106 1.123 134.084 1.322
202109 1.190 135.847 1.383
202112 1.200 138.161 1.371
202203 1.404 138.822 1.597
202206 1.340 142.347 1.486
202209 1.330 144.661 1.452
202212 1.570 145.763 1.701
202303 1.644 146.865 1.767
202306 1.410 150.280 1.481
202309 1.570 151.492 1.636
202312 2.270 152.924 2.344
202403 2.540 153.035 2.620
202406 2.220 155.789 2.250
202409 2.020 157.882 2.020

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


Cords Cable Industries  (NSE:CORDSCABLE) 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.

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

Shiller PE Ratio=Share Price/E10
=226.38/6.68
=33.89

* 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 Cords Cable Industries was 41.13. The lowest was 5.89. And the median was 12.25.


Be Aware

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


Cords Cable Industries E10 Related Terms

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


Cords Cable Industries Business Description

Traded in Other Exchanges
Address
Shambhu Dayal Bagh Marg, Near Okhla Industrial Area Phase-III, 94, First Floor, Old Ishwar Nagar, New Delhi, IND, 110020
Cords Cable Industries Ltd is engaged in offering electrical wires and cables. It is focused on specialized control and instrumentation cables. It designs, develops and manufactures a varied range of Instrumentation, Control, Thermocouple Extension/ Compensating, Power and Communication cables. The company's products include Fieldbus Cables, FireSave-Fire Survival Cables, EPR Cables, XtremeTemp - Low Temperature Cables, ToxFree-Low Smoke Zero Halogen Cables, Oil and Gas Cables, Water Desalination and Special Custom Designed Hybrid Cables and Cordsol- photovoltaic (PV) Solar Cables.

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