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Seya Industries (NSE:SEYAIND) E10 : ₹11.66 (As of Mar. 2024)


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What is Seya Industries 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.

Seya Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹11.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seya Industries's average E10 Growth Rate was -1.20% 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 (2024-06-25), Seya Industries's current stock price is ₹24.60. Seya Industries's E10 for the quarter that ended in Mar. 2024 was ₹11.66. Seya Industries's Shiller PE Ratio of today is 2.11.

During the past 13 years, the highest Shiller PE Ratio of Seya Industries was 3.71. The lowest was 1.34. And the median was 2.16.


Seya Industries E10 Historical Data

The historical data trend for Seya Industries'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.

Seya Industries E10 Chart

Seya Industries 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 - - - 11.99 11.66

Seya Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.99 12.03 11.86 11.36 11.66

Competitive Comparison of Seya Industries's E10

For the Specialty Chemicals subindustry, Seya Industries'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.


Seya Industries's Shiller PE Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Seya Industries's Shiller PE Ratio falls into.



Seya Industries 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, Seya Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.14/153.0345*153.0345
=-0.140

Current CPI (Mar. 2024) = 153.0345.

Seya Industries Quarterly Data

per share eps CPI Adj_EPS
201406 2.510 94.103 4.082
201409 3.080 96.780 4.870
201412 3.550 96.780 5.613
201503 3.260 97.163 5.135
201506 4.890 99.841 7.495
201509 6.180 101.753 9.295
201512 6.340 102.901 9.429
201603 6.930 102.518 10.345
201606 6.720 105.961 9.705
201609 4.120 105.961 5.950
201612 3.800 105.196 5.528
201703 6.910 105.196 10.052
201706 4.190 107.109 5.987
201709 6.150 109.021 8.633
201712 6.390 109.404 8.938
201803 6.820 109.786 9.507
201806 7.450 111.317 10.242
201809 9.570 115.142 12.719
201812 9.180 115.142 12.201
201903 9.781 118.202 12.663
201906 8.790 120.880 11.128
201909 7.000 123.175 8.697
201912 2.670 126.235 3.237
202003 -0.680 124.705 -0.834
202006 -9.920 127.000 -11.954
202009 -12.020 130.118 -14.137
202012 -11.190 130.889 -13.083
202103 -9.730 131.771 -11.300
202106 -7.950 134.084 -9.074
202109 -0.210 135.847 -0.237
202112 0.070 138.161 0.078
202203 -2.060 138.822 -2.271
202206 0.240 142.347 0.258
202209 -1.790 144.661 -1.894
202212 -3.940 145.763 -4.137
202303 -3.730 146.865 -3.887
202306 -0.370 150.280 -0.377
202309 -0.080 151.492 -0.081
202312 -0.720 152.924 -0.721
202403 -0.140 153.035 -0.140

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


Seya Industries  (NSE:SEYAIND) 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.

Seya Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24.60/11.66
=2.11

* 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 Seya Industries was 3.71. The lowest was 1.34. And the median was 2.16.


Be Aware

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


Seya Industries E10 Related Terms

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


Seya Industries (NSE:SEYAIND) Business Description

Traded in Other Exchanges
Address
T-14 MIDC Tarapur Industrial Area, Boisar, Palghar, MH, IND, 401506
Seya Industries Ltd is an Indian based specialty chemicals manufacturing company. It is engaged in manufacturing of chlorination and nitration processed benzene based products. The company's product portfolio includes Di-Chloro Benzidines, Nitro Anilines, Nitro Chlorobenzenes, and Di-Nitro Chlorobenzenes, among other products. Di-Chloro Benzidines constitutes a major to the company's revenue. The products offered by the company have applications in end-user segments like computer printing inks, pigments and paints, pharmaceuticals, personal and health care products, agro-chemicals, insecticides and pesticides, organic chemical intermediates, rubber chemicals, textile dyes, thermic fluids, and others.

Seya Industries (NSE:SEYAIND) Headlines

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