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Graphite India (NSE:GRAPHITE) E10 : ₹61.82 (As of Mar. 2024)


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What is Graphite India 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.

Graphite India's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹61.82 for the trailing ten years ended in Mar. 2024.

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 (2024-06-16), Graphite India's current stock price is ₹572.05. Graphite India's E10 for the quarter that ended in Mar. 2024 was ₹61.82. Graphite India's Shiller PE Ratio of today is 9.25.

During the past 13 years, the highest Shiller PE Ratio of Graphite India was 11.08. The lowest was 9.10. And the median was 9.75.


Graphite India E10 Historical Data

The historical data trend for Graphite India'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.

Graphite India E10 Chart

Graphite India 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 - - - - 61.82

Graphite India 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 - - - - 61.82

Competitive Comparison of Graphite India's E10

For the Electrical Equipment & Parts subindustry, Graphite India'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.


Graphite India's Shiller PE Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Graphite India's Shiller PE Ratio falls into.



Graphite India 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, Graphite India'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)
=0.8/153.0345*153.0345
=0.800

Current CPI (Mar. 2024) = 153.0345.

Graphite India Quarterly Data

per share eps CPI Adj_EPS
200603 4.650 45.521 15.633
200703 12.500 48.581 39.376
200803 7.500 52.407 21.901
200903 15.260 56.615 41.249
201003 12.170 65.030 28.639
201103 9.680 70.768 20.933
201203 10.880 76.889 21.655
201303 6.880 85.687 12.287
201403 6.650 91.425 11.131
201503 2.950 97.163 4.646
201603 4.240 102.518 6.329
201703 3.610 105.196 5.252
201706 1.540 107.109 2.200
201709 5.250 109.021 7.369
201712 18.350 109.404 25.668
201803 27.630 109.786 38.514
201806 49.080 111.317 67.474
201809 56.870 115.142 75.586
201812 39.110 115.142 51.981
201903 28.740 118.202 37.209
201906 11.240 120.880 14.230
201909 9.510 123.175 11.815
201912 -18.080 126.235 -21.918
202003 -0.370 124.705 -0.454
202006 -4.040 127.000 -4.868
202009 -2.090 130.118 -2.458
202012 1.190 130.889 1.391
202103 3.290 131.771 3.821
202106 7.700 134.084 8.788
202109 6.550 135.847 7.379
202112 6.750 138.161 7.477
202203 4.820 138.822 5.313
202206 1.230 142.347 1.322
202209 4.720 144.661 4.993
202212 2.660 145.763 2.793
202303 1.580 146.865 1.646
202306 -1.560 150.280 -1.589
202309 41.130 151.492 41.549
202312 0.990 152.924 0.991
202403 0.800 153.035 0.800

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


Graphite India  (NSE:GRAPHITE) 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.

Graphite India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=572.05/61.82
=9.25

* 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 Graphite India was 11.08. The lowest was 9.10. And the median was 9.75.


Be Aware

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


Graphite India E10 Related Terms

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


Graphite India (NSE:GRAPHITE) Business Description

Traded in Other Exchanges
Address
31, Chowringhee Road, Kolkata, WB, IND, 700 016
Graphite India Ltd is an industrial products manufacturer in India. It manufactures graphite electrodes and graphite-based products. Its segments are Graphite and Carbon Segment and Other segments. The company also manufactures other products like Impervious Graphite Equipment and Spares, steel and alloy steel, reinforced plastic pipes, and many more.

Graphite India (NSE:GRAPHITE) Headlines

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