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Rajratan Global Wire (NSE:RAJRATAN) E10 : ₹10.95 (As of Sep. 2024)


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What is Rajratan Global Wire 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.

Rajratan Global Wire's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹3.750. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹10.95 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Rajratan Global Wire's average E10 Growth Rate was -41.10% 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 (2024-12-13), Rajratan Global Wire's current stock price is ₹497.05. Rajratan Global Wire's E10 for the quarter that ended in Sep. 2024 was ₹10.95. Rajratan Global Wire's Shiller PE Ratio of today is 45.39.

During the past 13 years, the highest Shiller PE Ratio of Rajratan Global Wire was 64.43. The lowest was 37.37. And the median was 47.27.


Rajratan Global Wire E10 Historical Data

The historical data trend for Rajratan Global Wire'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.

Rajratan Global Wire E10 Chart

Rajratan Global Wire 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 - - - - 10.52

Rajratan Global Wire 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 18.50 15.60 10.52 9.48 10.95

Competitive Comparison of Rajratan Global Wire's E10

For the Steel subindustry, Rajratan Global Wire'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.


Rajratan Global Wire's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rajratan Global Wire's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Rajratan Global Wire's Shiller PE Ratio falls into.



Rajratan Global Wire 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, Rajratan Global Wire'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)
=3.75/157.8822*157.8822
=3.750

Current CPI (Sep. 2024) = 157.8822.

Rajratan Global Wire Quarterly Data

per share eps CPI Adj_EPS
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201506 0.315 99.841 0.498
201509 0.796 101.753 1.235
201512 0.899 102.901 1.379
201603 1.233 102.518 1.899
201606 1.242 105.961 1.851
201609 0.869 105.961 1.295
201612 0.534 105.196 0.801
201703 1.017 105.196 1.526
201706 0.714 107.109 1.052
201709 1.133 109.021 1.641
201712 0.381 109.404 0.550
201803 1.151 109.786 1.655
201806 1.660 111.317 2.354
201809 1.158 115.142 1.588
201812 0.892 115.142 1.223
201903 1.550 118.202 2.070
201906 1.940 120.880 2.534
201909 1.906 123.175 2.443
201912 1.466 126.235 1.834
202003 1.196 124.705 1.514
202006 0.324 127.000 0.403
202009 2.666 130.118 3.235
202012 2.900 130.889 3.498
202103 4.566 131.771 5.471
202106 4.320 134.084 5.087
202109 6.420 135.847 7.461
202112 6.450 138.161 7.371
202203 7.300 138.822 8.302
202206 6.800 142.347 7.542
202209 4.590 144.661 5.009
202212 4.330 145.763 4.690
202303 3.990 146.865 4.289
202306 2.450 150.280 2.574
202309 3.840 151.492 4.002
202312 3.880 152.924 4.006
202403 3.990 153.035 4.116
202406 3.000 155.789 3.040
202409 3.750 157.882 3.750

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


Rajratan Global Wire  (NSE:RAJRATAN) 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.

Rajratan Global Wire's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=497.05/10.95
=45.39

* 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 Rajratan Global Wire was 64.43. The lowest was 37.37. And the median was 47.27.


Be Aware

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


Rajratan Global Wire E10 Related Terms

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


Rajratan Global Wire Business Description

Traded in Other Exchanges
Address
11/2 Meera Path, Dhenu Market, Rajratan House, Indore, MP, IND, 452 003
Rajratan Global Wire Ltd is an India-based company engaged in the manufacturing of steel wires. The group derives revenues primarily from the sale of Tyre bead wire and other ancillary products. Geographically, its operations are in India and Thailand.

Rajratan Global Wire Headlines

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