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Orient Cement (NSE:ORIENTCEM) E10 : ₹6.64 (As of Dec. 2024)


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What is Orient Cement 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.

Orient Cement's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.64 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Orient Cement's average E10 Growth Rate was -3.50% 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 (2025-03-25), Orient Cement's current stock price is ₹341.95. Orient Cement's E10 for the quarter that ended in Dec. 2024 was ₹6.64. Orient Cement's Shiller PE Ratio of today is 51.50.

During the past 13 years, the highest Shiller PE Ratio of Orient Cement was 52.00. The lowest was 14.56. And the median was 25.19.


Orient Cement E10 Historical Data

The historical data trend for Orient Cement'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.

Orient Cement E10 Chart

Orient Cement 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 - - 7.12 6.74 7.02

Orient Cement 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 6.92 7.02 7.07 6.82 6.64

Competitive Comparison of Orient Cement's E10

For the Building Materials subindustry, Orient Cement'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.


Orient Cement's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Orient Cement's Shiller PE Ratio distribution charts can be found below:

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



Orient Cement 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, Orient Cement'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)
=0.49/158.3229*158.3229
=0.490

Current CPI (Dec. 2024) = 158.3229.

Orient Cement Quarterly Data

per share eps CPI Adj_EPS
201503 4.170 97.163 6.795
201506 1.410 99.841 2.236
201509 1.370 101.753 2.132
201512 -0.630 102.901 -0.969
201603 0.900 102.518 1.390
201606 -0.370 105.961 -0.553
201609 -1.430 105.961 -2.137
201612 -0.570 105.196 -0.858
201703 0.810 105.196 1.219
201706 1.900 107.109 2.808
201709 0.500 109.021 0.726
201712 -0.860 109.404 -1.245
201803 0.630 109.786 0.909
201806 0.780 111.317 1.109
201809 -0.820 115.142 -1.128
201812 -0.670 115.142 -0.921
201903 3.020 118.202 4.045
201906 2.730 120.880 3.576
201909 -0.380 123.175 -0.488
201912 -0.280 126.235 -0.351
202003 2.150 124.705 2.730
202006 1.250 127.000 1.558
202009 1.700 130.118 2.069
202012 2.630 130.889 3.181
202103 4.870 131.771 5.851
202106 4.370 134.084 5.160
202109 2.780 135.847 3.240
202112 2.130 138.161 2.441
202203 3.580 138.822 4.083
202206 1.830 142.347 2.035
202209 -0.460 144.661 -0.503
202212 1.340 145.763 1.455
202303 3.280 146.865 3.536
202306 1.810 150.280 1.907
202309 1.200 151.492 1.254
202312 2.200 152.924 2.278
202403 3.320 153.035 3.435
202406 1.790 155.789 1.819
202409 0.110 157.882 0.110
202412 0.490 158.323 0.490

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


Orient Cement  (NSE:ORIENTCEM) 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.

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

Shiller PE Ratio=Share Price/E10
=341.95/6.64
=51.50

* 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 Orient Cement was 52.00. The lowest was 14.56. And the median was 25.19.


Be Aware

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


Orient Cement E10 Related Terms

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


Orient Cement Business Description

Traded in Other Exchanges
Address
25, Barakhamba Road, Birla Tower, 3rd Floor, New Delhi, IND, 110001
Orient Cement Ltd is a manufacturer and supplier of cement products. Its manufacturing facilities are located at Devapur in Telangana, Jalgaon in Maharashtra, and Chittapur in Karnataka. Its product mix includes Ordinary Portland Cement (OPC) and Pozzolana Portland Cement (PPC) sold under the brand name of Birla A1. The company operates in a single segment which is manufacturing and sales of cement.

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