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Goldstar Power (NSE:GOLDSTAR) E10 : ₹0.05 (As of Mar. 2024)


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What is Goldstar Power 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.

Goldstar Power's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹0.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Goldstar Power's average E10 Growth Rate was 66.70% 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 (2025-03-16), Goldstar Power's current stock price is ₹ 9.70. Goldstar Power's E10 for the fiscal year that ended in Mar. 2024 was ₹0.05. Goldstar Power's Shiller PE Ratio of today is 194.00.

During the past 12 years, the highest Shiller PE Ratio of Goldstar Power was 728.33. The lowest was 54.56. And the median was 227.34.


Goldstar Power E10 Historical Data

The historical data trend for Goldstar Power'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.

Goldstar Power E10 Chart

Goldstar Power 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 - - 0.02 0.03 0.05

Goldstar Power Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.02 0.03 0.05

Competitive Comparison of Goldstar Power's E10

For the Electrical Equipment & Parts subindustry, Goldstar Power'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.


Goldstar Power's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Goldstar Power 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, Goldstar Power's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.17/153.0345*153.0345
=0.170

Current CPI (Mar. 2024) = 153.0345.

Goldstar Power Annual Data

per_share_eps CPI Adj_EPS
201503 -0.027 97.163 -0.043
201603 -0.016 102.518 -0.024
201703 0.025 105.196 0.036
201803 0.014 109.786 0.020
201903 0.042 118.202 0.054
202003 0.016 124.705 0.020
202103 0.003 131.771 0.003
202203 0.032 138.822 0.035
202303 0.190 146.865 0.198
202403 0.170 153.035 0.170

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


Goldstar Power  (NSE:GOLDSTAR) 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.

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

Shiller PE Ratio=Share Price/E10
=9.70/0.05
=194.00

* 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 12 years, the highest Shiller P/E Ratio of Goldstar Power was 728.33. The lowest was 54.56. And the median was 227.34.


Be Aware

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


Goldstar Power E10 Related Terms

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


Goldstar Power Business Description

Traded in Other Exchanges
N/A
Address
Rajkot Highway, Behind Ravi Petrol Pump, At & Post Hapa, Jamanagar, GJ, IND, 361120
Goldstar Power Ltd is a battery manufacturing Company. It sells its products under brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from Manufacturing of Battery, Lead Alloy segment.

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