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Resurgere Mines & Minerals India (NSE:RMMIL) E10 : ₹-1.59 (As of Mar. 2018)


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What is Resurgere Mines & Minerals 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.

Resurgere Mines & Minerals India's adjusted earnings per share data for the fiscal year that ended in Mar. 2018 was ₹-2.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-1.59 for the trailing ten years ended in Mar. 2018.

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 (2024-06-21), Resurgere Mines & Minerals India's current stock price is ₹ 0.40. Resurgere Mines & Minerals India's E10 for the fiscal year that ended in Mar. 2018 was ₹-1.59. Resurgere Mines & Minerals India's Shiller PE Ratio of today is .


Resurgere Mines & Minerals India E10 Historical Data

The historical data trend for Resurgere Mines & Minerals 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.

Resurgere Mines & Minerals India E10 Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -1.59

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -1.59

Competitive Comparison of Resurgere Mines & Minerals India's E10

For the Other Industrial Metals & Mining subindustry, Resurgere Mines & Minerals 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.


Resurgere Mines & Minerals India's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Resurgere Mines & Minerals India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Resurgere Mines & Minerals India's Shiller PE Ratio falls into.



Resurgere Mines & Minerals 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, Resurgere Mines & Minerals India's adjusted earnings per share data for the fiscal year that ended in Mar. 2018 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=-2.92/109.7864*109.7864
=-2.920

Current CPI (Mar. 2018) = 109.7864.

Resurgere Mines & Minerals India Annual Data

per_share_eps CPI Adj_EPS
200903 2.693 56.615 5.222
201003 3.047 65.030 5.144
201103 -1.000 70.768 -1.551
201203 -3.900 76.889 -5.569
201303 -3.430 85.687 -4.395
201403 -2.970 91.425 -3.566
201503 -3.270 97.163 -3.695
201603 -3.950 102.518 -4.230
201703 -3.010 105.196 -3.141
201803 -2.920 109.786 -2.920

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


Resurgere Mines & Minerals India  (NSE:RMMIL) 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.


Be Aware

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


Resurgere Mines & Minerals India E10 Related Terms

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


Resurgere Mines & Minerals India (NSE:RMMIL) Business Description

Traded in Other Exchanges
N/A
Address
15, Morvi House, 28/30, Goa Street, Ballard Estate, 1st Floor, Mumbai, MH, IND, 400038
Resurgere Mines & Minerals India Ltd is engaged in extraction, processing, and sale of iron ore, bauxite and soapstone products and exploration & development of mining assets. The company's products portfolio consists of Lump Ore, Size Ore, Calibrated Lump Ore, Iron Ore Fines, and Bauxite. It operates two mines contracts, Iron Ore mine situated at Satarda and Bauxite mine situated at Mahalmiriya. It owns two mines, Soapstone mine situated at Dhelana in the state of Rajasthan and Bauxite mine situated at Yelwan Jugai, Maharashtra. Majority of the revenue is derived from its only segment Mining & Trading of Minerals.

Resurgere Mines & Minerals India (NSE:RMMIL) Headlines

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