GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Plastiblends India Ltd (NSE:PLASTIBLEN) » Definitions » E10

Plastiblends India (NSE:PLASTIBLEN) E10 : ₹17.36 (As of Sep. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Plastiblends 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.

Plastiblends India's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹2.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹17.36 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Plastiblends India's average E10 Growth Rate was 1.20% per year. During the past 3 years, the average E10 Growth Rate was -2.60% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Plastiblends India was -2.60% per year. The lowest was -14.90% per year. And the median was -8.75% per year.

As of today (2024-12-13), Plastiblends India's current stock price is ₹264.82. Plastiblends India's E10 for the quarter that ended in Sep. 2024 was ₹17.36. Plastiblends India's Shiller PE Ratio of today is 15.25.

During the past 13 years, the highest Shiller PE Ratio of Plastiblends India was 20.59. The lowest was 4.13. And the median was 13.21.


Plastiblends India E10 Historical Data

The historical data trend for Plastiblends 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.

Plastiblends India E10 Chart

Plastiblends 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 26.72 18.66 16.06 16.76 17.23

Plastiblends India 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 17.12 17.20 17.23 17.39 17.36

Competitive Comparison of Plastiblends India's E10

For the Specialty Chemicals subindustry, Plastiblends 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.


Plastiblends India's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Plastiblends India's Shiller PE Ratio distribution charts can be found below:

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



Plastiblends 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, Plastiblends India'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)
=2.43/157.8822*157.8822
=2.430

Current CPI (Sep. 2024) = 157.8822.

Plastiblends India Quarterly Data

per share eps CPI Adj_EPS
201412 2.305 96.780 3.760
201503 3.525 97.163 5.728
201506 4.060 99.841 6.420
201509 3.405 101.753 5.283
201512 3.410 102.901 5.232
201603 3.625 102.518 5.583
201606 4.250 105.961 6.333
201609 3.320 105.961 4.947
201612 2.480 105.196 3.722
201703 7.070 105.196 10.611
201706 2.030 107.109 2.992
201709 1.080 109.021 1.564
201712 2.060 109.404 2.973
201803 6.140 109.786 8.830
201806 3.870 111.317 5.489
201809 2.500 115.142 3.428
201812 2.180 115.142 2.989
201903 3.430 118.202 4.581
201906 4.420 120.880 5.773
201909 3.590 123.175 4.602
201912 4.390 126.235 5.491
202003 1.910 124.705 2.418
202006 2.400 127.000 2.984
202009 2.940 130.118 3.567
202012 4.380 130.889 5.283
202103 4.660 131.771 5.583
202106 2.600 134.084 3.061
202109 2.120 135.847 2.464
202112 4.650 138.161 5.314
202203 4.760 138.822 5.414
202206 3.840 142.347 4.259
202209 1.620 144.661 1.768
202212 1.530 145.763 1.657
202303 3.340 146.865 3.591
202306 2.940 150.280 3.089
202309 3.670 151.492 3.825
202312 2.540 152.924 2.622
202403 4.130 153.035 4.261
202406 4.170 155.789 4.226
202409 2.430 157.882 2.430

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


Plastiblends India  (NSE:PLASTIBLEN) 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.

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

Shiller PE Ratio=Share Price/E10
=264.82/17.36
=15.25

* 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 Plastiblends India was 20.59. The lowest was 4.13. And the median was 13.21.


Be Aware

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


Plastiblends India E10 Related Terms

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


Plastiblends India Business Description

Traded in Other Exchanges
Address
New Link Road, Opposite Citi Mall, 10th Floor, Fortune Terraces, A-Wing, Andheri (West), Mumbai, MH, IND, 400 053
Plastiblends India Ltd is a manufacturer and sells Masterbatches and thermoplastic compounds. The company's products are applicable in various plastic processing industries, such as Flexible Packaging, Agriculture, Irrigation, Piping, Infrastructure, and Consumer Durables. The company's product includes Black Masterbatches, Color Masterbatches, Additive Masterbatches Filler Masterbatches, PET Masterbatches, Conductive Compounds among others. The group principally operates in India.

Plastiblends India Headlines

No Headlines