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JK Paper (NSE:JKPAPER) E10 : ₹28.54 (As of Mar. 2024)


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What is JK Paper 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.

JK Paper's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹59.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹28.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, JK Paper's average E10 Growth Rate was 36.90% per year. During the past 3 years, the average E10 Growth Rate was 40.70% per year. During the past 5 years, the average E10 Growth Rate was 24.30% per year. During the past 10 years, the average E10 Growth Rate was 13.30% 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 JK Paper was 40.70% per year. The lowest was -5.90% per year. And the median was 11.90% per year.

As of today (2024-06-21), JK Paper's current stock price is ₹ 522.75. JK Paper's E10 for the fiscal year that ended in Mar. 2024 was ₹28.54. JK Paper's Shiller PE Ratio of today is 18.32.

During the past 13 years, the highest Shiller PE Ratio of JK Paper was 26.80. The lowest was 7.06. And the median was 14.57.


JK Paper E10 Historical Data

The historical data trend for JK Paper'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.

JK Paper E10 Chart

JK Paper 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 10.79 10.24 13.37 20.85 28.54

JK Paper 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 20.85 - - - 28.54

Competitive Comparison of JK Paper's E10

For the Paper & Paper Products subindustry, JK Paper'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.


JK Paper's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, JK Paper's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where JK Paper's Shiller PE Ratio falls into.



JK Paper 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, JK Paper'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)
=59.15/153.0345*153.0345
=59.150

Current CPI (Mar. 2024) = 153.0345.

JK Paper Annual Data

per_share_eps CPI Adj_EPS
201503 -1.350 97.163 -2.126
201603 3.740 102.518 5.583
201703 9.950 105.196 14.475
201803 14.670 109.786 20.449
201903 23.820 118.202 30.839
202003 26.280 124.705 32.250
202103 13.730 131.771 15.946
202203 32.030 138.822 35.309
202303 70.590 146.865 73.556
202403 59.150 153.035 59.150

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


JK Paper  (NSE:JKPAPER) 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.

JK Paper's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=522.75/28.54
=18.32

* 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 JK Paper was 26.80. The lowest was 7.06. And the median was 14.57.


Be Aware

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


JK Paper E10 Related Terms

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


JK Paper (NSE:JKPAPER) Business Description

Traded in Other Exchanges
Address
4 Bahadur Shah Zafar Marg, Nehru House, 3rd Floor, New Delhi, IND, 110 002
JK Paper Ltd is a paper manufacturing company. Its products are paper and paper board. The company offers various categories of paper products including official documentation such as photocopy and multi-purpose papers for use in desktops, photocopiers, and multifunctional devices; uncoated writing and printing paper; coated paper and board; and packaging board to service the varied needs of the packaging industry. It markets the products through the distribution network of distributors, depots, regional marketing offices, and other dealers. The product brands of the company include JK Cedar, JK Copier, JK Easy Copier, and Others. The majority of the company's revenue comes from India.

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