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Shivalik Rasayan (NSE:SHIVALIK) E10 : ₹14.37 (As of Sep. 2024)


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What is Shivalik Rasayan 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.

Shivalik Rasayan's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹2.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹14.37 for the trailing ten years ended in Sep. 2024.

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 (2024-12-14), Shivalik Rasayan's current stock price is ₹798.65. Shivalik Rasayan's E10 for the quarter that ended in Sep. 2024 was ₹14.37. Shivalik Rasayan's Shiller PE Ratio of today is 55.58.

During the past 10 years, the highest Shiller PE Ratio of Shivalik Rasayan was 54.54. The lowest was 36.36. And the median was 42.41.


Shivalik Rasayan E10 Historical Data

The historical data trend for Shivalik Rasayan'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.

Shivalik Rasayan E10 Chart

Shivalik Rasayan 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 - - - - 13.63

Shivalik Rasayan 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 - - 13.63 14.04 14.37

Competitive Comparison of Shivalik Rasayan's E10

For the Agricultural Inputs subindustry, Shivalik Rasayan'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.


Shivalik Rasayan's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Shivalik Rasayan's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shivalik Rasayan's Shiller PE Ratio falls into.



Shivalik Rasayan 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, Shivalik Rasayan'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)
=2.58/157.8822*157.8822
=2.580

Current CPI (Sep. 2024) = 157.8822.

Shivalik Rasayan Quarterly Data

per share eps CPI Adj_EPS
201412 1.508 96.780 2.460
201503 1.134 97.163 1.843
201506 0.820 99.841 1.297
201509 0.820 101.753 1.272
201512 0.824 102.901 1.264
201603 1.540 102.518 2.372
201606 3.092 105.961 4.607
201609 2.084 105.961 3.105
201612 2.808 105.196 4.214
201703 -1.088 105.196 -1.633
201706 2.860 107.109 4.216
201709 3.120 109.021 4.518
201712 6.120 109.404 8.832
201803 2.612 109.786 3.756
201806 2.680 111.317 3.801
201809 2.240 115.142 3.071
201812 1.580 115.142 2.166
201903 5.430 118.202 7.253
201906 2.400 120.880 3.135
201909 7.360 123.175 9.434
201912 2.500 126.235 3.127
202003 2.790 124.705 3.532
202006 1.820 127.000 2.263
202009 2.440 130.118 2.961
202012 3.910 130.889 4.716
202103 4.660 131.771 5.583
202106 4.880 134.084 5.746
202109 4.440 135.847 5.160
202112 4.280 138.161 4.891
202203 4.990 138.822 5.675
202206 4.400 142.347 4.880
202209 3.810 144.661 4.158
202212 3.270 145.763 3.542
202303 3.030 146.865 3.257
202306 2.880 150.280 3.026
202309 1.260 151.492 1.313
202312 2.030 152.924 2.096
202403 2.220 153.035 2.290
202406 2.270 155.789 2.301
202409 2.580 157.882 2.580

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


Shivalik Rasayan  (NSE:SHIVALIK) 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.

Shivalik Rasayan's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=798.65/14.37
=55.58

* 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 10 years, the highest Shiller P/E Ratio of Shivalik Rasayan was 54.54. The lowest was 36.36. And the median was 42.41.


Be Aware

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


Shivalik Rasayan E10 Related Terms

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


Shivalik Rasayan Business Description

Traded in Other Exchanges
Address
1506, Chiranjiv Tower, 43, Nehru Place, New Delhi, IND, 110 019
Shivalik Rasayan Ltd is an Indian manufacturer of Agrochemicals and Active Pharma Ingredients (API). The company's business units cover Pharmaceuticals, Agrochemicals, Intellectual property, and R&D centers. The company derives revenue from the manufacture and export of pharmaceutical products.

Shivalik Rasayan Headlines

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