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Garden Reach Shipbuilders & Engineers (NSE:GRSE) E10 : ₹15.68 (As of Dec. 2024)


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What is Garden Reach Shipbuilders & Engineers 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.

Garden Reach Shipbuilders & Engineers's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹31.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹15.68 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 (2025-03-23), Garden Reach Shipbuilders & Engineers's current stock price is ₹ 1701.60. Garden Reach Shipbuilders & Engineers's E10 for the fiscal year that ended in Mar. 2024 was ₹15.68. Garden Reach Shipbuilders & Engineers's Shiller PE Ratio of today is 108.52.

During the past 12 years, the highest Shiller PE Ratio of Garden Reach Shipbuilders & Engineers was 133.81. The lowest was 17.17. And the median was 34.13.


Garden Reach Shipbuilders & Engineers E10 Historical Data

The historical data trend for Garden Reach Shipbuilders & Engineers'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.

Garden Reach Shipbuilders & Engineers E10 Chart

Garden Reach Shipbuilders & Engineers 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 - - 12.95 13.70 15.68

Garden Reach Shipbuilders & Engineers Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 15.68 - - -

Competitive Comparison of Garden Reach Shipbuilders & Engineers's E10

For the Aerospace & Defense subindustry, Garden Reach Shipbuilders & Engineers'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.


Garden Reach Shipbuilders & Engineers's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Garden Reach Shipbuilders & Engineers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Garden Reach Shipbuilders & Engineers's Shiller PE Ratio falls into.



Garden Reach Shipbuilders & Engineers 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, Garden Reach Shipbuilders & Engineers'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)
=31.19/153.0345*153.0345
=31.190

Current CPI (Mar. 2024) = 153.0345.

Garden Reach Shipbuilders & Engineers Annual Data

per_share_eps CPI Adj_EPS
201503 4.516 97.163 7.113
201603 14.355 102.518 21.428
201703 1.001 105.196 1.456
201803 8.077 109.786 11.259
201903 9.600 118.202 12.429
202003 14.270 124.705 17.512
202103 13.400 131.771 15.562
202203 16.550 138.822 18.244
202303 19.910 146.865 20.746
202403 31.190 153.035 31.190

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


Garden Reach Shipbuilders & Engineers  (NSE:GRSE) 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.

Garden Reach Shipbuilders & Engineers's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1701.60/15.68
=108.52

* 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 Garden Reach Shipbuilders & Engineers was 133.81. The lowest was 17.17. And the median was 34.13.


Be Aware

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


Garden Reach Shipbuilders & Engineers E10 Related Terms

Thank you for viewing the detailed overview of Garden Reach Shipbuilders & Engineers's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Garden Reach Shipbuilders & Engineers Business Description

Traded in Other Exchanges
Address
61, Garden Reach Road, GRSE Bhavan, Kolkata, WB, IND, 700 024
Garden Reach Shipbuilders & Engineers Ltd is an India based shipbuilding company. It is mainly engaged in the engineering and engine production activities. The company offers products and services in three verticals including shipbuilding, engineering, and, engine production. Its product portfolio includes deck machinery items, pumps, portable steel bridges, boat davits, anchors, mooring and dock capstans, and engines.

Garden Reach Shipbuilders & Engineers Headlines

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