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Gujarat Narmada Valley Fertilizers & Chemicals (NSE:GNFC) E10 : ₹53.82 (As of Dec. 2023)


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What is Gujarat Narmada Valley Fertilizers & Chemicals 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.

Gujarat Narmada Valley Fertilizers & Chemicals's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹6.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹53.82 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Gujarat Narmada Valley Fertilizers & Chemicals's average E10 Growth Rate was 7.30% 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 (2024-05-17), Gujarat Narmada Valley Fertilizers & Chemicals's current stock price is ₹664.35. Gujarat Narmada Valley Fertilizers & Chemicals's E10 for the quarter that ended in Dec. 2023 was ₹53.82. Gujarat Narmada Valley Fertilizers & Chemicals's Shiller PE Ratio of today is 12.34.

During the past 13 years, the highest Shiller PE Ratio of Gujarat Narmada Valley Fertilizers & Chemicals was 17.90. The lowest was 5.64. And the median was 11.60.


Gujarat Narmada Valley Fertilizers & Chemicals E10 Historical Data

The historical data trend for Gujarat Narmada Valley Fertilizers & Chemicals'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.

Gujarat Narmada Valley Fertilizers & Chemicals E10 Chart

Gujarat Narmada Valley Fertilizers & Chemicals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 49.31 51.62

Gujarat Narmada Valley Fertilizers & Chemicals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 50.15 51.62 52.28 52.97 53.82

Competitive Comparison of Gujarat Narmada Valley Fertilizers & Chemicals's E10

For the Chemicals subindustry, Gujarat Narmada Valley Fertilizers & Chemicals'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.


Gujarat Narmada Valley Fertilizers & Chemicals's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gujarat Narmada Valley Fertilizers & Chemicals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gujarat Narmada Valley Fertilizers & Chemicals's Shiller PE Ratio falls into.



Gujarat Narmada Valley Fertilizers & Chemicals 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, Gujarat Narmada Valley Fertilizers & Chemicals's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.3/152.9243*152.9243
=6.300

Current CPI (Dec. 2023) = 152.9243.

Gujarat Narmada Valley Fertilizers & Chemicals Quarterly Data

per share eps CPI Adj_EPS
201209 4.660 82.244 8.665
201212 6.480 83.774 11.829
201303 4.330 85.687 7.728
201306 1.630 88.365 2.821
201309 4.800 91.042 8.063
201312 6.930 91.425 11.592
201403 5.450 91.425 9.116
201406 -3.210 94.103 -5.217
201409 -1.950 96.780 -3.081
201412 -2.960 96.780 -4.677
201503 -20.370 97.163 -32.060
201506 -0.710 99.841 -1.087
201509 3.390 101.753 5.095
201512 5.510 102.901 8.189
201603 3.380 102.518 5.042
201703 34.020 105.196 49.455
201803 51.150 109.786 71.248
201806 12.090 111.317 16.609
201809 4.470 115.142 5.937
201812 10.810 115.142 14.357
201903 6.130 118.202 7.931
201906 4.470 120.880 5.655
201909 5.470 123.175 6.791
201912 7.300 126.235 8.843
202003 15.450 124.705 18.946
202006 0.190 127.000 0.229
202009 9.060 130.118 10.648
202012 15.610 130.889 18.238
202103 19.980 131.771 23.187
202106 15.560 134.084 17.746
202109 18.320 135.847 20.623
202112 34.900 138.161 38.629
202203 41.210 138.822 45.396
202206 36.900 142.347 39.642
202209 15.350 144.661 16.227
202212 21.030 145.763 22.063
202303 21.390 146.865 22.273
202306 5.680 150.280 5.780
202309 11.740 151.492 11.851
202312 6.300 152.924 6.300

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


Gujarat Narmada Valley Fertilizers & Chemicals  (NSE:GNFC) 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.

Gujarat Narmada Valley Fertilizers & Chemicals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=664.35/53.82
=12.34

* 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 Gujarat Narmada Valley Fertilizers & Chemicals was 17.90. The lowest was 5.64. And the median was 11.60.


Be Aware

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


Gujarat Narmada Valley Fertilizers & Chemicals E10 Related Terms

Thank you for viewing the detailed overview of Gujarat Narmada Valley Fertilizers & Chemicals's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Gujarat Narmada Valley Fertilizers & Chemicals (NSE:GNFC) Business Description

Traded in Other Exchanges
Address
Narmadanagar Township, Open Air Theatre, Sports Complex, P.O. Narmadanagar, Bharuch, GJ, IND, 392015
Gujarat Narmada Valley Fertilizers & Chemicals Ltd, or GNFC, is a firm engaged in the manufacturing and selling of fertilizers, industrial chemical products and rendering Information Technology services. It operates in three business segments including Fertilizers, Chemicals and Others. The company generates the majority of its revenues through the sale of chemicals.

Gujarat Narmada Valley Fertilizers & Chemicals (NSE:GNFC) Headlines

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