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NLC India (NSE:NLCINDIA) E10 : ₹15.67 (As of Mar. 2024)


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What is NLC India 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.

NLC India's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹15.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NLC India's average E10 Growth Rate was -13.60% 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 (2024-06-10), NLC India's current stock price is ₹221.15. NLC India's E10 for the quarter that ended in Mar. 2024 was ₹15.67. NLC India's Shiller PE Ratio of today is 14.11.

During the past 13 years, the highest Shiller PE Ratio of NLC India was 16.28. The lowest was 2.98. And the median was 5.47.


NLC India E10 Historical Data

The historical data trend for NLC India'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.

NLC India E10 Chart

NLC India 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 - - - 18.13 15.67

NLC India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 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 19.08 18.13 16.18 16.31 15.67

Competitive Comparison of NLC India's E10

For the Utilities - Regulated Electric subindustry, NLC India'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.


NLC India's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NLC India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NLC India's Shiller PE Ratio falls into.



NLC India 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, NLC India's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.82/153.0345*153.0345
=0.820

Current CPI (Mar. 2024) = 153.0345.

NLC India Quarterly Data

per share eps CPI Adj_EPS
201206 1.720 79.567 3.308
201212 1.321 83.774 2.413
201303 3.653 85.687 6.524
201306 1.660 88.365 2.875
201312 2.915 91.425 4.879
201403 2.947 91.425 4.933
201406 1.990 94.103 3.236
201409 1.550 96.780 2.451
201412 1.840 96.780 2.910
201503 4.040 97.163 6.363
201506 2.190 99.841 3.357
201509 2.040 101.753 3.068
201512 0.280 102.901 0.416
201603 -4.110 102.518 -6.135
201606 1.380 105.961 1.993
201703 19.870 105.196 28.906
201803 12.710 109.786 17.717
201806 2.370 111.317 3.258
201809 2.180 115.142 2.897
201812 2.300 115.142 3.057
201903 3.283 118.202 4.250
201906 2.050 120.880 2.595
201909 1.916 123.175 2.380
201912 2.876 126.235 3.487
202003 3.512 124.705 4.310
202006 2.480 127.000 2.988
202009 0.450 130.118 0.529
202012 1.235 130.889 1.444
202103 5.203 131.771 6.043
202106 2.580 134.084 2.945
202109 1.420 135.847 1.600
202112 1.660 138.161 1.839
202203 2.219 138.822 2.446
202206 4.100 142.347 4.408
202209 3.010 144.661 3.184
202212 -2.860 145.763 -3.003
202303 6.030 146.865 6.283
202309 7.830 151.492 7.910
202312 1.830 152.924 1.831
202403 0.820 153.035 0.820

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


NLC India  (NSE:NLCINDIA) 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.

NLC India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=221.15/15.67
=14.11

* 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 NLC India was 16.28. The lowest was 2.98. And the median was 5.47.


Be Aware

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


NLC India E10 Related Terms

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


NLC India (NSE:NLCINDIA) Business Description

Traded in Other Exchanges
Address
Block - 1, Neyveli, Neyveli, Cuddalore, TN, IND, 607801
NLC India Ltd is an energy company. The company has two reportable segments namely the Mining segment which is engaged in the mining of lignite and the Power generation segment which is engaged in the generation and sale of power utilities across the country. The power is generated from Thermal Power Stations and renewable energy sources such as wind and solar. It generates maximum revenue from the Power generation segment. It also engaged in providing consultancy and management services relating to mining and power generation.

NLC India (NSE:NLCINDIA) Headlines

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