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Mahindra EPC Irrigation (NSE:MAHEPC) E10 : ₹2.99 (As of Dec. 2024)


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What is Mahindra EPC Irrigation 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.

Mahindra EPC Irrigation's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹2.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹2.99 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Mahindra EPC Irrigation's average E10 Growth Rate was -0.70% per year. During the past 3 years, the average E10 Growth Rate was -12.00% 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 Mahindra EPC Irrigation was -12.00% per year. The lowest was -12.00% per year. And the median was -12.00% per year.

As of today (2025-04-11), Mahindra EPC Irrigation's current stock price is ₹132.10. Mahindra EPC Irrigation's E10 for the quarter that ended in Dec. 2024 was ₹2.99. Mahindra EPC Irrigation's Shiller PE Ratio of today is 44.18.

During the past 13 years, the highest Shiller PE Ratio of Mahindra EPC Irrigation was 58.42. The lowest was 23.85. And the median was 35.11.


Mahindra EPC Irrigation E10 Historical Data

The historical data trend for Mahindra EPC Irrigation'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.

Mahindra EPC Irrigation E10 Chart

Mahindra EPC Irrigation 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 - 4.30 3.82 3.21 2.94

Mahindra EPC Irrigation 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 3.01 2.94 2.75 2.81 2.99

Competitive Comparison of Mahindra EPC Irrigation's E10

For the Farm & Heavy Construction Machinery subindustry, Mahindra EPC Irrigation'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.


Mahindra EPC Irrigation's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Mahindra EPC Irrigation's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mahindra EPC Irrigation's Shiller PE Ratio falls into.


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Mahindra EPC Irrigation 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, Mahindra EPC Irrigation'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)
=2.27/158.3229*158.3229
=2.270

Current CPI (Dec. 2024) = 158.3229.

Mahindra EPC Irrigation Quarterly Data

per share eps CPI Adj_EPS
201503 0.220 97.163 0.358
201506 0.460 99.841 0.729
201509 -0.130 101.753 -0.202
201512 1.310 102.901 2.016
201603 1.430 102.518 2.208
201606 0.910 105.961 1.360
201609 -0.410 105.961 -0.613
201612 1.870 105.196 2.814
201703 1.180 105.196 1.776
201706 1.030 107.109 1.522
201709 -1.810 109.021 -2.629
201712 0.940 109.404 1.360
201803 1.590 109.786 2.293
201806 0.520 111.317 0.740
201809 0.210 115.142 0.289
201812 1.420 115.142 1.953
201903 1.890 118.202 2.532
201906 0.760 120.880 0.995
201909 1.330 123.175 1.710
201912 2.740 126.235 3.436
202003 3.430 124.705 4.355
202006 1.110 127.000 1.384
202009 1.470 130.118 1.789
202012 2.760 130.889 3.338
202103 1.440 131.771 1.730
202106 -1.230 134.084 -1.452
202109 -0.370 135.847 -0.431
202112 -1.300 138.161 -1.490
202203 0.050 138.822 0.057
202206 -2.300 142.347 -2.558
202209 -2.960 144.661 -3.240
202212 -0.140 145.763 -0.152
202303 0.990 146.865 1.067
202306 -0.290 150.280 -0.306
202309 -0.240 151.492 -0.251
202312 0.600 152.924 0.621
202403 0.540 153.035 0.559
202406 -0.940 155.789 -0.955
202409 -0.990 157.882 -0.993
202412 2.270 158.323 2.270

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


Mahindra EPC Irrigation  (NSE:MAHEPC) 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.

Mahindra EPC Irrigation's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=132.10/2.99
=44.18

* 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 Mahindra EPC Irrigation was 58.42. The lowest was 23.85. And the median was 35.11.


Be Aware

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


Mahindra EPC Irrigation E10 Related Terms

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


Mahindra EPC Irrigation Business Description

Traded in Other Exchanges
Address
MIDC Ambad, Plot No. H-109, Nashik, MH, IND, 422 010
Mahindra EPC Irrigation Ltd is an Indian company that provides micro-irrigation systems that include Drip and Sprinklers, Agricultural Pumps, Greenhouses, and Land Scape Products. It also provides agronomy services for farmers to improve farm productivity. It has one segment which is Precision Farming Products and Services. It solely operates in India.

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