GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » IFGL Refractories Ltd (NSE:IFGLEXPOR) » Definitions » E10

IFGL Refractories (NSE:IFGLEXPOR) E10 : ₹19.36 (As of Dec. 2024)


View and export this data going back to 2004. Start your Free Trial

What is IFGL Refractories 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.

IFGL Refractories's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹-0.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹19.36 for the trailing ten years ended in Dec. 2024.

During the past 12 months, IFGL Refractories's average E10 Growth Rate was -3.60% 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 (2025-03-23), IFGL Refractories's current stock price is ₹361.95. IFGL Refractories's E10 for the quarter that ended in Dec. 2024 was ₹19.36. IFGL Refractories's Shiller PE Ratio of today is 18.70.

During the past 13 years, the highest Shiller PE Ratio of IFGL Refractories was 43.22. The lowest was 10.62. And the median was 18.85.


IFGL Refractories E10 Historical Data

The historical data trend for IFGL Refractories'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.

IFGL Refractories E10 Chart

IFGL Refractories 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 - - 17.95 19.72 19.89

IFGL Refractories 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 20.26 19.89 20.06 19.81 19.36

Competitive Comparison of IFGL Refractories's E10

For the Building Materials subindustry, IFGL Refractories'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.


IFGL Refractories's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, IFGL Refractories's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IFGL Refractories's Shiller PE Ratio falls into.



IFGL Refractories 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, IFGL Refractories's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.6/158.3229*158.3229
=-0.600

Current CPI (Dec. 2024) = 158.3229.

IFGL Refractories Quarterly Data

per share eps CPI Adj_EPS
201503 2.450 97.163 3.992
201506 4.400 99.841 6.977
201509 1.710 101.753 2.661
201512 2.950 102.901 4.539
201603 3.070 102.518 4.741
201606 2.500 105.961 3.735
201609 4.920 105.961 7.351
201612 2.130 105.196 3.206
201703 4.310 105.196 6.487
201706 3.100 107.109 4.582
201709 2.630 109.021 3.819
201712 1.850 109.404 2.677
201803 5.500 109.786 7.932
201806 4.290 111.317 6.102
201809 3.810 115.142 5.239
201812 2.280 115.142 3.135
201903 3.620 118.202 4.849
201906 3.760 120.880 4.925
201909 3.480 123.175 4.473
201912 2.020 126.235 2.533
202003 -3.860 124.705 -4.901
202006 2.830 127.000 3.528
202009 5.730 130.118 6.972
202012 10.340 130.889 12.507
202103 -0.700 131.771 -0.841
202106 4.960 134.084 5.857
202109 5.550 135.847 6.468
202112 5.240 138.161 6.005
202203 5.740 138.822 6.546
202206 4.040 142.347 4.493
202209 5.390 144.661 5.899
202212 4.380 145.763 4.757
202303 8.160 146.865 8.797
202306 8.210 150.280 8.649
202309 10.550 151.492 11.026
202312 0.420 152.924 0.435
202403 3.480 153.035 3.600
202406 6.840 155.789 6.951
202409 3.350 157.882 3.359
202412 -0.600 158.323 -0.600

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


IFGL Refractories  (NSE:IFGLEXPOR) 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.

IFGL Refractories's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=361.95/19.36
=18.70

* 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 IFGL Refractories was 43.22. The lowest was 10.62. And the median was 18.85.


Be Aware

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


IFGL Refractories E10 Related Terms

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


IFGL Refractories Business Description

Traded in Other Exchanges
Address
3, Netaji Subhas Road, McLeod House, Kolkata, WB, IND, 700 001
IFGL Refractories Ltd is engaged in the business of manufacture, trading, and sale of refractories and services thereof. The company's geographical segments include India, the United Kingdom, Europe, Asia Excluding India, the Americas, and Others. It generates maximum revenue from India. The company product categories include Isostatic, slide gate, Tube changer system, Purging system, Cast products and Monolithics, Zircon and zirconia nozzles, Engineering division, Foundry ceramics, Wire guides, and Heating ovens. It serves for Iron and Steel Industries.

IFGL Refractories Headlines

No Headlines