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Deccan Cements (NSE:DECCANCE) E10 : ₹48.45 (As of Mar. 2024)


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What is Deccan Cements 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.

Deccan Cements's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹2.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹48.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Deccan Cements's average E10 Growth Rate was 8.90% 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 (2024-06-14), Deccan Cements's current stock price is ₹681.20. Deccan Cements's E10 for the quarter that ended in Mar. 2024 was ₹48.45. Deccan Cements's Shiller PE Ratio of today is 14.06.

During the past 13 years, the highest Shiller PE Ratio of Deccan Cements was 19.22. The lowest was 9.31. And the median was 12.08.


Deccan Cements E10 Historical Data

The historical data trend for Deccan Cements'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.

Deccan Cements E10 Chart

Deccan Cements 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 - - 39.66 44.65 48.45

Deccan Cements 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 44.65 46.71 47.87 48.93 48.45

Competitive Comparison of Deccan Cements's E10

For the Building Materials subindustry, Deccan Cements'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.


Deccan Cements's Shiller PE Ratio Distribution in the Building Materials Industry

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

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



Deccan Cements 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, Deccan Cements'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)
=2.14/153.0345*153.0345
=2.140

Current CPI (Mar. 2024) = 153.0345.

Deccan Cements Quarterly Data

per share eps CPI Adj_EPS
201406 -3.330 94.103 -5.415
201409 3.880 96.780 6.135
201412 1.640 96.780 2.593
201503 12.000 97.163 18.900
201506 9.940 99.841 15.236
201509 11.015 101.753 16.566
201512 4.460 102.901 6.633
201603 7.110 102.518 10.613
201606 8.120 105.961 11.727
201609 9.640 105.961 13.923
201612 7.900 105.196 11.493
201703 7.710 105.196 11.216
201706 8.130 107.109 11.616
201709 6.790 109.021 9.531
201712 6.390 109.404 8.938
201803 6.210 109.786 8.656
201806 8.100 111.317 11.136
201809 7.270 115.142 9.663
201812 8.180 115.142 10.872
201903 9.330 118.202 12.079
201906 16.660 120.880 21.092
201909 23.070 123.175 28.663
201912 2.820 126.235 3.419
202003 -2.110 124.705 -2.589
202006 18.650 127.000 22.473
202009 24.160 130.118 28.415
202012 23.620 130.889 27.616
202103 15.760 131.771 18.303
202106 26.300 134.084 30.017
202109 16.660 135.847 18.768
202112 19.420 138.161 21.511
202203 0.140 138.822 0.154
202206 14.760 142.347 15.868
202209 4.690 144.661 4.961
202212 8.680 145.763 9.113
202303 7.060 146.865 7.357
202306 10.100 150.280 10.285
202309 3.380 151.492 3.414
202312 10.980 152.924 10.988
202403 2.140 153.035 2.140

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


Deccan Cements  (NSE:DECCANCE) 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.

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

Shiller PE Ratio=Share Price/E10
=681.20/48.45
=14.06

* 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 Deccan Cements was 19.22. The lowest was 9.31. And the median was 12.08.


Be Aware

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


Deccan Cements E10 Related Terms

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


Deccan Cements (NSE:DECCANCE) Business Description

Traded in Other Exchanges
Address
Deccan Chambers, 6-3-666/B, 6th Floor, Somajiguda, Hyderabad, TG, IND, 500082
Deccan Cements Ltd is engaged in the manufacturing and marketing of cement in India. It produces cement in form of Clinker, Portland cement, Slag cement and similar. In addition, it is also engaged in the generation of electricity. Its power division includes Thermal, Hydel, and Wind. The firm sells its product under Deccan Cements brand.

Deccan Cements (NSE:DECCANCE) Headlines

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