GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ion Exchange (India) Ltd (NSE:IONEXCHANG) » Definitions » E10

Ion Exchange (India) (NSE:IONEXCHANG) E10 : ₹9.12 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Ion Exchange (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.

Ion Exchange (India)'s adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹16.534. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹9.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ion Exchange (India)'s average E10 Growth Rate was 26.30% per year. During the past 3 years, the average E10 Growth Rate was 32.00% per year. During the past 5 years, the average E10 Growth Rate was 37.60% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Ion Exchange (India) was 47.40% per year. The lowest was 32.00% per year. And the median was 39.05% per year.

As of today (2024-12-12), Ion Exchange (India)'s current stock price is ₹ 703.00. Ion Exchange (India)'s E10 for the fiscal year that ended in Mar. 2024 was ₹9.12. Ion Exchange (India)'s Shiller PE Ratio of today is 77.08.

During the past 13 years, the highest Shiller PE Ratio of Ion Exchange (India) was 90.52. The lowest was 20.43. And the median was 41.93.


Ion Exchange (India) E10 Historical Data

The historical data trend for Ion Exchange (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.

Ion Exchange (India) E10 Chart

Ion Exchange (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 - - 5.48 7.23 9.12

Ion Exchange (India) Semi-Annual Data
Mar10 Mar11 Mar12 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 Premium Member Only Premium Member Only Premium Member Only - - 5.48 7.23 9.12

Competitive Comparison of Ion Exchange (India)'s E10

For the Pollution & Treatment Controls subindustry, Ion Exchange (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.


Ion Exchange (India)'s Shiller PE Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ion Exchange (India)'s Shiller PE Ratio falls into.



Ion Exchange (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, Ion Exchange (India)'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)
=16.534/153.0345*153.0345
=16.534

Current CPI (Mar. 2024) = 153.0345.

Ion Exchange (India) Annual Data

per_share_eps CPI Adj_EPS
201503 0.678 97.163 1.068
201603 1.061 102.518 1.584
201703 2.497 105.196 3.633
201803 3.474 109.786 4.843
201903 5.642 118.202 7.305
202003 8.022 124.705 9.844
202103 12.141 131.771 14.100
202203 13.730 138.822 15.136
202303 16.595 146.865 17.292
202403 16.534 153.035 16.534

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


Ion Exchange (India)  (NSE:IONEXCHANG) 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.

Ion Exchange (India)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=703.00/9.12
=77.08

* 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 Ion Exchange (India) was 90.52. The lowest was 20.43. And the median was 41.93.


Be Aware

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


Ion Exchange (India) E10 Related Terms

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


Ion Exchange (India) Business Description

Traded in Other Exchanges
Address
Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011
Ion Exchange (India) Ltd offers a wide range of solutions across the water cycle from pre-treatment to process water treatment, wastewater treatment, recycling, zero liquid discharge, sewage treatment, packaged drinking water, seawater desalination, etc. It also engaged in manufacturing resins, and specialty chemicals for water and wastewater treatment as well as non-water applications. It operates its business through the Engineering segment, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. It caters to both domestic and international markets.

Ion Exchange (India) Headlines

No Headlines