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SJVN (NSE:SJVN) E10 : ₹5.84 (As of Dec. 2024)


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What is SJVN 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.

SJVN's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5.84 for the trailing ten years ended in Dec. 2024.

During the past 12 months, SJVN's average E10 Growth Rate was -6.40% 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 (2025-03-24), SJVN's current stock price is ₹95.23. SJVN's E10 for the quarter that ended in Dec. 2024 was ₹5.84. SJVN's Shiller PE Ratio of today is 16.31.

During the past 13 years, the highest Shiller PE Ratio of SJVN was 25.58. The lowest was 3.42. And the median was 11.94.


SJVN E10 Historical Data

The historical data trend for SJVN'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.

SJVN E10 Chart

SJVN 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 - - - 6.95 6.17

SJVN Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 6.27 6.17 5.89 5.88 5.84

Competitive Comparison of SJVN's E10

For the Utilities - Renewable subindustry, SJVN'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.


SJVN's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SJVN's Shiller PE Ratio distribution charts can be found below:

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



SJVN 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, SJVN's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.38/158.3229*158.3229
=0.380

Current CPI (Dec. 2024) = 158.3229.

SJVN Quarterly Data

per share eps CPI Adj_EPS
201203 0.290 76.889 0.597
201206 0.760 79.567 1.512
201209 0.940 82.244 1.810
201212 0.460 83.774 0.869
201303 0.380 85.687 0.702
201306 0.830 88.365 1.487
201309 1.000 91.042 1.739
201312 0.510 91.425 0.883
201403 0.350 91.425 0.606
201503 4.050 97.163 6.599
201603 3.401 102.518 5.252
201703 3.726 105.196 5.608
201803 2.961 109.786 4.270
201806 0.750 111.317 1.067
201809 1.090 115.142 1.499
201812 0.464 115.142 0.638
201903 1.165 118.202 1.560
201906 1.080 120.880 1.415
201909 1.580 123.175 2.031
201912 0.550 126.235 0.690
202003 0.780 124.705 0.990
202006 0.770 127.000 0.960
202009 1.340 130.118 1.630
202012 0.500 130.889 0.605
202103 1.580 131.771 1.898
202106 0.870 134.084 1.027
202109 1.030 135.847 1.200
202112 0.610 138.161 0.699
202203 -0.160 138.822 -0.182
202206 1.550 142.347 1.724
202209 1.130 144.661 1.237
202212 0.730 145.763 0.793
202303 0.040 146.865 0.043
202306 0.690 150.280 0.727
202309 1.120 151.492 1.171
202312 0.350 152.924 0.362
202403 0.160 153.035 0.166
202406 0.960 155.789 0.976
202409 1.120 157.882 1.123
202412 0.380 158.323 0.380

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


SJVN  (NSE:SJVN) 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.

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

Shiller PE Ratio=Share Price/E10
=95.23/5.84
=16.31

* 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 SJVN was 25.58. The lowest was 3.42. And the median was 11.94.


Be Aware

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


SJVN E10 Related Terms

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


SJVN Business Description

Traded in Other Exchanges
Address
SJVN Corporate Office Complex, Shanan, Shimla, HP, IND, 171006
SJVN Ltd is engaged in the business of generation and sale of power. The company is implementing power projects in Himachal Pradesh, Uttarakhand, Bihar, Gujarat, Rajasthan and Arunachal Pradesh in India besides neighboring countries, which include Nepal and Bhutan. It operates in business in projects including the generation of thermal power, wind power, solar power, and power transmission.

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