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Madhav Copper (NSE:MCL) E10 : ₹1.09 (As of Sep. 2023)


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What is Madhav Copper 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.

Madhav Copper's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹0.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Madhav Copper's average E10 Growth Rate was 12.40% 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 (2024-11-10), Madhav Copper's current stock price is ₹ 38.02. Madhav Copper's E10 for the fiscal year that ended in Mar. 2024 was ₹1.09. Madhav Copper's Shiller PE Ratio of today is 34.88.

During the past 12 years, the highest Shiller PE Ratio of Madhav Copper was 34.94. The lowest was 21.09. And the median was 23.28.


Madhav Copper E10 Historical Data

The historical data trend for Madhav Copper'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.

Madhav Copper E10 Chart

Madhav Copper 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 - - 1.19 0.97 1.09

Madhav Copper Quarterly Data
Sep17 Mar18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 - - 0.97 - 1.09

Competitive Comparison of Madhav Copper's E10

For the Copper subindustry, Madhav Copper'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.


Madhav Copper's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Madhav Copper's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Madhav Copper's Shiller PE Ratio falls into.



Madhav Copper 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, Madhav Copper'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)
=0.45/153.0345*153.0345
=0.450

Current CPI (Mar. 2024) = 153.0345.

Madhav Copper Annual Data

per_share_eps CPI Adj_EPS
201503 0.193 97.163 0.304
201603 0.403 102.518 0.602
201703 0.342 105.196 0.498
201803 2.883 109.786 4.019
201903 2.960 118.202 3.832
202003 1.640 124.705 2.013
202103 1.650 131.771 1.916
202203 -0.900 138.822 -0.992
202303 -1.630 146.865 -1.698
202403 0.450 153.035 0.450

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


Madhav Copper  (NSE:MCL) 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.

Madhav Copper's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=38.02/1.09
=34.88

* 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 12 years, the highest Shiller P/E Ratio of Madhav Copper was 34.94. The lowest was 21.09. And the median was 23.28.


Be Aware

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


Madhav Copper E10 Related Terms

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


Madhav Copper Business Description

Traded in Other Exchanges
N/A
Address
Waghawadi Road, Opposite Home School, Plot 2107/D, 202/203, 2nd Floor, D & I Excellus, Bhavnagar, GJ, IND, 364 001
Madhav Copper Ltd is engaged in the manufacturing of copper wires. Its products portfolio includes Bare Copper Wire, Copper End ring Laminates, Copper Strip And Rod-Profile, Enamelled Copper Round Winding Wire, among others.

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