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Manali Petrochemicals (NSE:MANALIPETC) E10 : ₹7.49 (As of Dec. 2024)


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What is Manali Petrochemicals 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.

Manali Petrochemicals's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹7.49 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Manali Petrochemicals's average E10 Growth Rate was 2.70% 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 (2025-03-04), Manali Petrochemicals's current stock price is ₹59.24. Manali Petrochemicals's E10 for the quarter that ended in Dec. 2024 was ₹7.49. Manali Petrochemicals's Shiller PE Ratio of today is 7.91.

During the past 13 years, the highest Shiller PE Ratio of Manali Petrochemicals was 13.39. The lowest was 7.72. And the median was 9.35.


Manali Petrochemicals E10 Historical Data

The historical data trend for Manali Petrochemicals'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.

Manali Petrochemicals E10 Chart

Manali Petrochemicals 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 - - - 7.61 7.26

Manali Petrochemicals 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 7.28 7.26 7.42 7.48 7.49

Competitive Comparison of Manali Petrochemicals's E10

For the Specialty Chemicals subindustry, Manali Petrochemicals'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.


Manali Petrochemicals's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Manali Petrochemicals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Manali Petrochemicals's Shiller PE Ratio falls into.



Manali Petrochemicals 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, Manali Petrochemicals'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)
=0.31/159.2043*159.2043
=0.310

Current CPI (Dec. 2024) = 159.2043.

Manali Petrochemicals Quarterly Data

per share eps CPI Adj_EPS
201312 0.540 91.425 0.940
201403 0.410 91.425 0.714
201406 0.400 94.103 0.677
201409 0.760 96.780 1.250
201412 0.880 96.780 1.448
201503 0.520 97.163 0.852
201506 0.860 99.841 1.371
201509 0.960 101.753 1.502
201512 0.240 102.901 0.371
201603 0.730 102.518 1.134
201606 0.630 105.961 0.947
201703 2.300 105.196 3.481
201803 3.366 109.786 4.881
201806 1.140 111.317 1.630
201809 1.250 115.142 1.728
201812 0.740 115.142 1.023
201903 1.360 118.202 1.832
201906 0.790 120.880 1.040
201909 0.680 123.175 0.879
201912 0.430 126.235 0.542
202003 0.810 124.705 1.034
202006 0.180 127.000 0.226
202009 1.210 130.118 1.480
202012 5.000 130.889 6.082
202103 5.310 131.771 6.416
202106 4.640 134.084 5.509
202109 6.820 135.847 7.993
202112 6.400 138.161 7.375
202203 4.300 138.822 4.931
202206 2.110 142.347 2.360
202209 0.680 144.661 0.748
202212 0.180 145.763 0.197
202303 -0.020 146.865 -0.022
202306 0.240 150.280 0.254
202309 0.630 151.492 0.662
202312 0.170 152.924 0.177
202403 0.080 153.035 0.083
202406 0.760 155.789 0.777
202409 0.010 157.882 0.010
202412 0.310 159.204 0.310

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


Manali Petrochemicals  (NSE:MANALIPETC) 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.

Manali Petrochemicals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=59.24/7.49
=7.91

* 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 Manali Petrochemicals was 13.39. The lowest was 7.72. And the median was 9.35.


Be Aware

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


Manali Petrochemicals E10 Related Terms

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


Manali Petrochemicals Business Description

Traded in Other Exchanges
Address
88 Mount Road, SPIC House, Guindy, Chennai, TN, IND, 600032
Manali Petrochemicals Ltd operates in the chemical industry. The company is engaged in the manufacture and sale of Propylene Oxide (PO), Propylene Glycol (PG), and Polyols (PY). It serves various industries such as appliances, automotive, bedding, food and fragrances, furniture, footwear, paints and coatings, and pharmaceuticals. The company's only operating segment includes the manufacture and sale of petrochemical products. Geographically, it operates only in India.

Manali Petrochemicals Headlines

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