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JSW Holdings (NSE:JSWHL) E10 : ₹138.28 (As of Dec. 2024)


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What is JSW Holdings 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.

JSW Holdings's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹12.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹138.28 for the trailing ten years ended in Dec. 2024.

During the past 12 months, JSW Holdings's average E10 Growth Rate was 16.70% per year. During the past 3 years, the average E10 Growth Rate was 15.00% 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 JSW Holdings was 15.00% per year. The lowest was 15.00% per year. And the median was 15.00% per year.

As of today (2025-03-03), JSW Holdings's current stock price is ₹16363.60. JSW Holdings's E10 for the quarter that ended in Dec. 2024 was ₹138.28. JSW Holdings's Shiller PE Ratio of today is 118.34.

During the past 13 years, the highest Shiller PE Ratio of JSW Holdings was 141.50. The lowest was 28.33. And the median was 49.43.


JSW Holdings E10 Historical Data

The historical data trend for JSW Holdings'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.

JSW Holdings E10 Chart

JSW Holdings 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 - 79.88 76.53 106.04 121.06

JSW Holdings 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 118.26 121.06 125.00 136.52 138.28

Competitive Comparison of JSW Holdings's E10

For the Conglomerates subindustry, JSW Holdings'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.


JSW Holdings's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, JSW Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where JSW Holdings's Shiller PE Ratio falls into.



JSW Holdings 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, JSW Holdings'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)
=12.51/159.2043*159.2043
=12.510

Current CPI (Dec. 2024) = 159.2043.

JSW Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 4.920 94.103 8.324
201409 18.860 96.780 31.025
201412 5.030 96.780 8.274
201503 4.260 97.163 6.980
201506 4.640 99.841 7.399
201509 18.130 101.753 28.366
201512 4.730 102.901 7.318
201603 5.480 102.518 8.510
201606 5.490 105.961 8.249
201609 14.020 105.961 21.065
201612 16.730 105.196 25.319
201703 7.190 105.196 10.881
201803 62.780 109.786 91.039
201806 8.890 111.317 12.714
201809 60.770 115.142 84.025
201812 7.920 115.142 10.951
201903 11.950 118.202 16.095
201906 9.030 120.880 11.893
201909 68.850 123.175 88.989
201912 9.590 126.235 12.095
202003 8.700 124.705 11.107
202006 8.560 127.000 10.731
202009 35.670 130.118 43.644
202012 13.680 130.889 16.639
202103 10.050 131.771 12.142
202106 13.460 134.084 15.982
202109 94.130 135.847 110.315
202112 14.760 138.161 17.008
202203 -1.020 138.822 -1.170
202206 5.000 142.347 5.592
202209 229.320 144.661 252.374
202212 26.970 145.763 29.457
202303 37.350 146.865 40.488
202306 21.940 150.280 23.243
202309 56.950 151.492 59.849
202312 31.270 152.924 32.554
202403 29.990 153.035 31.199
202406 47.370 155.789 48.409
202409 107.780 157.882 108.683
202412 12.510 159.204 12.510

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


JSW Holdings  (NSE:JSWHL) 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.

JSW Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16363.60/138.28
=118.34

* 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 JSW Holdings was 141.50. The lowest was 28.33. And the median was 49.43.


Be Aware

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


JSW Holdings E10 Related Terms

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


JSW Holdings Business Description

Traded in Other Exchanges
Address
JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
JSW Holdings Ltd is a conglomerate company with businesses in steel, energy, infrastructure, and cement. Its primary business segment is Investing and Financing. It derives revenue from Interest Income, Dividend Income, and Pledge Fees. Product offering under Steel includes Hot Rolled, Cold Rolled, Color Coated Products, Galvanized, Galvalume, Avante Steel Doors, and Light Steel Building solutions. The infrastructure business develops seaports and terminals, shipyards, townships, port-based special economic zone, industrial clusters, and last-mile connectivity projects.

JSW Holdings Headlines

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