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Omax Autos (NSE:OMAXAUTO) E10 : ₹3.11 (As of Sep. 2024)


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What is Omax Autos 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.

Omax Autos's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹7.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹3.11 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Omax Autos's average E10 Growth Rate was -40.60% 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 (2024-12-12), Omax Autos's current stock price is ₹124.07. Omax Autos's E10 for the quarter that ended in Sep. 2024 was ₹3.11. Omax Autos's Shiller PE Ratio of today is 39.89.

During the past 13 years, the highest Shiller PE Ratio of Omax Autos was 57.74. The lowest was 10.74. And the median was 39.78.


Omax Autos E10 Historical Data

The historical data trend for Omax Autos'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.

Omax Autos E10 Chart

Omax Autos 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 - - - - 2.94

Omax Autos 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 5.25 2.64 2.94 2.64 3.11

Competitive Comparison of Omax Autos's E10

For the Auto Parts subindustry, Omax Autos'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.


Omax Autos's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Omax Autos's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Omax Autos's Shiller PE Ratio falls into.



Omax Autos 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, Omax Autos'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)
=7.27/157.8822*157.8822
=7.270

Current CPI (Sep. 2024) = 157.8822.

Omax Autos Quarterly Data

per share eps CPI Adj_EPS
201303 0.030 85.687 0.055
201403 -4.510 91.425 -7.788
201503 -2.640 97.163 -4.290
201509 1.530 101.753 2.374
201512 -0.310 102.901 -0.476
201603 2.155 102.518 3.319
201606 0.140 105.961 0.209
201609 0.450 105.961 0.671
201612 -1.440 105.196 -2.161
201703 -0.150 105.196 -0.225
201706 -9.950 107.109 -14.667
201709 1.530 109.021 2.216
201712 5.840 109.404 8.428
201803 6.160 109.786 8.859
201806 0.240 111.317 0.340
201809 -0.700 115.142 -0.960
201812 0.740 115.142 1.015
201903 -0.080 118.202 -0.107
201906 13.550 120.880 17.698
201909 6.450 123.175 8.267
201912 -1.170 126.235 -1.463
202003 1.550 124.705 1.962
202006 -5.100 127.000 -6.340
202009 -2.980 130.118 -3.616
202012 -6.340 130.889 -7.647
202103 9.700 131.771 11.622
202106 -2.880 134.084 -3.391
202109 -1.580 135.847 -1.836
202112 -4.740 138.161 -5.417
202203 20.170 138.822 22.939
202206 -2.320 142.347 -2.573
202209 -11.100 144.661 -12.114
202212 -1.200 145.763 -1.300
202303 3.240 146.865 3.483
202306 -0.540 150.280 -0.567
202309 -1.640 151.492 -1.709
202312 -0.120 152.924 -0.124
202403 7.750 153.035 7.995
202406 1.240 155.789 1.257
202409 7.270 157.882 7.270

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


Omax Autos  (NSE:OMAXAUTO) 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.

Omax Autos's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=124.07/3.11
=39.89

* 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 Omax Autos was 57.74. The lowest was 10.74. And the median was 39.78.


Be Aware

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


Omax Autos E10 Related Terms

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


Omax Autos Business Description

Traded in Other Exchanges
Address
Plot No. B-26, Institutional Area, Sector 32, Gurugram, HR, IND, 122001
Omax Autos Ltd is engaged in manufacturing automotive components in India. The company specialises in sheet metal components, tubular components, and machine components. It manages its business in automotive, railways and heavy fabrication, and energy areas. It offers frame assembly, step pavilion, and Saree Guard, among others for two-wheelers. It offers connecting rods, coupling connections, and Silent Block, among others for three-wheelers. The company's off-highway product range includes a front axle, clutch pedal, and brake pedal. Its railways and heavy fabrication products include coach building and retention tanks.

Omax Autos Headlines

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