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KEI Industries (NSE:KEI) E10 : ₹37.91 (As of Sep. 2024)


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What is KEI Industries 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.

KEI Industries's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹17.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹37.91 for the trailing ten years ended in Sep. 2024.

During the past 12 months, KEI Industries's average E10 Growth Rate was 25.00% 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.

As of today (2024-12-12), KEI Industries's current stock price is ₹4630.95. KEI Industries's E10 for the quarter that ended in Sep. 2024 was ₹37.91. KEI Industries's Shiller PE Ratio of today is 122.16.

During the past 13 years, the highest Shiller PE Ratio of KEI Industries was 142.24. The lowest was 78.89. And the median was 105.34.


KEI Industries E10 Historical Data

The historical data trend for KEI Industries'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.

KEI Industries E10 Chart

KEI Industries 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 - - - - 33.80

KEI Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 30.34 32.04 33.80 35.85 37.91

Competitive Comparison of KEI Industries's E10

For the Electrical Equipment & Parts subindustry, KEI Industries'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.


KEI Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KEI Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where KEI Industries's Shiller PE Ratio falls into.



KEI Industries 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, KEI Industries's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=17.13/157.8822*157.8822
=17.130

Current CPI (Sep. 2024) = 157.8822.

KEI Industries Quarterly Data

per share eps CPI Adj_EPS
201306 0.140 88.365 0.250
201309 0.200 91.042 0.347
201312 0.630 91.425 1.088
201403 0.560 91.425 0.967
201406 0.460 94.103 0.772
201409 1.200 96.780 1.958
201412 1.150 96.780 1.876
201503 1.620 97.163 2.632
201506 1.520 99.841 2.404
201509 1.980 101.753 3.072
201512 1.870 102.901 2.869
201603 2.610 102.518 4.020
201703 11.780 105.196 17.680
201803 18.211 109.786 26.189
201806 4.050 111.317 5.744
201809 5.220 115.142 7.158
201812 6.060 115.142 8.309
201903 7.420 118.202 9.911
201906 5.750 120.880 7.510
201909 9.460 123.175 12.126
201912 8.970 126.235 11.219
202003 6.983 124.705 8.841
202006 4.320 127.000 5.370
202009 7.490 130.118 9.088
202012 8.370 130.889 10.096
202103 9.590 131.771 11.490
202106 7.410 134.084 8.725
202109 10.140 135.847 11.785
202112 11.190 138.161 12.787
202203 12.820 138.822 14.580
202206 11.470 142.347 12.722
202209 11.850 144.661 12.933
202212 14.230 145.763 15.413
202303 15.280 146.865 16.426
202306 13.430 150.280 14.109
202309 15.510 151.492 16.164
202312 16.670 152.924 17.210
202403 18.640 153.035 19.230
202406 16.620 155.789 16.843
202409 17.130 157.882 17.130

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


KEI Industries  (NSE:KEI) 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.

KEI Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4630.95/37.91
=122.16

* 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 KEI Industries was 142.24. The lowest was 78.89. And the median was 105.34.


Be Aware

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


KEI Industries E10 Related Terms

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


KEI Industries Business Description

Traded in Other Exchanges
Address
D-90, Okhla Industrial Area, Phase-I, New Delhi, IND, 110 020
KEI Industries Ltd is engaged in the manufacture and supply of power and other industrial cables. Its segments include the Wires and Cables Segment, Stainless Steel Wires Segment, Turnkey Projects/Engineering, Procurement and Construction (EPC) Projects Segment. The company generates maximum revenue from the Wires and Cables segment. Its Wires and Cables segment consists of extra high voltage (EHV), high tension (HT), and low tension (LT) power cables, control and instrumentation cables, winding wires, and flexible and house wires.

KEI Industries Headlines

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