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GPT Infraprojects (NSE:GPTINFRA) E10 : ₹4.46 (As of Mar. 2024)


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What is GPT Infraprojects 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.

GPT Infraprojects's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹2.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GPT Infraprojects's average E10 Growth Rate was 29.70% 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 (2024-06-20), GPT Infraprojects's current stock price is ₹265.74. GPT Infraprojects's E10 for the quarter that ended in Mar. 2024 was ₹4.46. GPT Infraprojects's Shiller PE Ratio of today is 59.58.

During the past 13 years, the highest Shiller PE Ratio of GPT Infraprojects was 59.68. The lowest was 11.69. And the median was 17.69.


GPT Infraprojects E10 Historical Data

The historical data trend for GPT Infraprojects'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.

GPT Infraprojects E10 Chart

GPT Infraprojects 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 - - 3.05 3.42 4.46

GPT Infraprojects 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 3.42 3.70 3.87 4.12 4.46

Competitive Comparison of GPT Infraprojects's E10

For the Engineering & Construction subindustry, GPT Infraprojects'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.


GPT Infraprojects's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, GPT Infraprojects's Shiller PE Ratio distribution charts can be found below:

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



GPT Infraprojects 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, GPT Infraprojects'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)
=2.78/153.0345*153.0345
=2.780

Current CPI (Mar. 2024) = 153.0345.

GPT Infraprojects Quarterly Data

per share eps CPI Adj_EPS
201406 0.358 94.103 0.582
201409 0.000 96.780 0.000
201412 0.333 96.780 0.527
201503 0.025 97.163 0.039
201506 0.533 99.841 0.817
201509 0.413 101.753 0.621
201512 0.618 102.901 0.919
201603 0.673 102.518 1.005
201606 0.438 105.961 0.633
201609 0.535 105.961 0.773
201612 0.555 105.196 0.807
201703 1.095 105.196 1.593
201706 0.875 107.109 1.250
201709 0.710 109.021 0.997
201712 1.060 109.404 1.483
201803 0.835 109.786 1.164
201806 0.915 111.317 1.258
201809 0.490 115.142 0.651
201812 0.350 115.142 0.465
201903 0.260 118.202 0.337
201906 0.695 120.880 0.880
201909 0.645 123.175 0.801
201912 1.080 126.235 1.309
202003 0.165 124.705 0.202
202006 0.290 127.000 0.349
202009 0.895 130.118 1.053
202012 0.850 130.889 0.994
202103 1.440 131.771 1.672
202106 0.780 134.084 0.890
202109 0.064 135.847 0.072
202112 1.020 138.161 1.130
202203 1.859 138.822 2.049
202206 1.360 142.347 1.462
202209 0.950 144.661 1.005
202212 1.300 145.763 1.365
202303 1.790 146.865 1.865
202306 2.280 150.280 2.322
202309 2.320 151.492 2.344
202312 2.560 152.924 2.562
202403 2.780 153.035 2.780

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


GPT Infraprojects  (NSE:GPTINFRA) 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.

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

Shiller PE Ratio=Share Price/E10
=265.74/4.46
=59.58

* 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 GPT Infraprojects was 59.68. The lowest was 11.69. And the median was 17.69.


Be Aware

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


GPT Infraprojects E10 Related Terms

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


GPT Infraprojects (NSE:GPTINFRA) Business Description

Traded in Other Exchanges
Address
GPT Centre, JC-25, Sector-III, Salt Lake, Kolkata, WB, IND, 700 106
GPT Infraprojects Ltd is an infrastructure company engaged in the manufacturing of concrete sleepers and allied. It also fabricates steel bridges. The segments that it operates include Concrete Sleepers, which consists of the manufacturing of concrete sleepers, a supply of plant and machinery and components for the manufacturing of concrete sleepers, and Infrastructure, which consists of the execution of construction contracts and other infrastructure activities. It manufactures a range of monoblock and pre-stressed concrete (PSC) sleepers for varied track applications, such as Line sleepers, Bridge deck sleepers, level crossing, and switches expansion joints, and Others. It can offer a range of solutions for road and railway infrastructure. the company majorly operates in India.

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