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Niraj Cement Structurals (NSE:NIRAJ) E10 : ₹1.07 (As of Sep. 2024)


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What is Niraj Cement Structurals 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.

Niraj Cement Structurals's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹0.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹1.07 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Niraj Cement Structurals's average E10 Growth Rate was 1442.90% per year. During the past 3 years, the average E10 Growth Rate was -27.20% 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 Niraj Cement Structurals was -27.20% per year. The lowest was -27.20% per year. And the median was -27.20% per year.

As of today (2024-12-14), Niraj Cement Structurals's current stock price is ₹65.02. Niraj Cement Structurals's E10 for the quarter that ended in Sep. 2024 was ₹1.07. Niraj Cement Structurals's Shiller PE Ratio of today is 60.77.

During the past 13 years, the highest Shiller PE Ratio of Niraj Cement Structurals was 890.00. The lowest was 7.87. And the median was 58.15.


Niraj Cement Structurals E10 Historical Data

The historical data trend for Niraj Cement Structurals'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.

Niraj Cement Structurals E10 Chart

Niraj Cement Structurals 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 - 2.04 -1.19 -0.25 0.81

Niraj Cement Structurals 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 0.07 0.22 0.81 0.98 1.07

Competitive Comparison of Niraj Cement Structurals's E10

For the Engineering & Construction subindustry, Niraj Cement Structurals'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.


Niraj Cement Structurals's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Niraj Cement Structurals's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Niraj Cement Structurals's Shiller PE Ratio falls into.



Niraj Cement Structurals 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, Niraj Cement Structurals'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)
=0.98/157.8822*157.8822
=0.980

Current CPI (Sep. 2024) = 157.8822.

Niraj Cement Structurals Quarterly Data

per share eps CPI Adj_EPS
201412 0.838 96.780 1.367
201503 0.797 97.163 1.295
201506 0.360 99.841 0.569
201509 0.340 101.753 0.528
201512 0.100 102.901 0.153
201603 -0.190 102.518 -0.293
201606 0.330 105.961 0.492
201609 0.190 105.961 0.283
201612 0.360 105.196 0.540
201703 -0.190 105.196 -0.285
201706 -1.900 107.109 -2.801
201709 0.130 109.021 0.188
201712 0.010 109.404 0.014
201803 0.325 109.786 0.467
201806 0.040 111.317 0.057
201809 0.086 115.142 0.118
201812 0.008 115.142 0.011
201903 0.475 118.202 0.634
201906 0.130 120.880 0.170
201909 0.050 123.175 0.064
201912 0.220 126.235 0.275
202003 0.540 124.705 0.684
202006 0.110 127.000 0.137
202009 0.330 130.118 0.400
202012 0.020 130.889 0.024
202103 0.021 131.771 0.025
202106 0.100 134.084 0.118
202109 0.110 135.847 0.128
202112 0.110 138.161 0.126
202203 0.285 138.822 0.324
202206 0.150 142.347 0.166
202209 0.190 144.661 0.207
202212 0.170 145.763 0.184
202303 0.570 146.865 0.613
202306 0.090 150.280 0.095
202309 0.200 151.492 0.208
202312 0.330 152.924 0.341
202403 1.960 153.035 2.022
202406 0.210 155.789 0.213
202409 0.980 157.882 0.980

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


Niraj Cement Structurals  (NSE:NIRAJ) 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.

Niraj Cement Structurals's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=65.02/1.07
=60.77

* 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 Niraj Cement Structurals was 890.00. The lowest was 7.87. And the median was 58.15.


Be Aware

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


Niraj Cement Structurals E10 Related Terms

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


Niraj Cement Structurals Business Description

Traded in Other Exchanges
Address
Niraj House, Sunder Baug, Near Deonar Bus Depot, Deonar, Chembur (East), Mumbai, MH, IND, 400 088
Niraj Cement Structurals Ltd is an India-based company. It is engaged in the infrastructure business, which constructs highways, expressways, turnkey projects roads, bridges, tunnels, etc and other infrastructural work. It also provides services like the ready-mix concrete unit, crushing, rental equipment, and others. The company's only operating segment being Road Construction. Geographically, it operates only in India.

Niraj Cement Structurals Headlines

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