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Spectrum Electrical Industries (NSE:SPECTRUM) E10 : ₹5.18 (As of Sep. 2024)


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What is Spectrum Electrical 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.

Spectrum Electrical Industries's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹12.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5.18 for the trailing ten years ended in Mar. 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 (2025-03-17), Spectrum Electrical Industries's current stock price is ₹ 1566.95. Spectrum Electrical Industries's E10 for the fiscal year that ended in Mar. 2024 was ₹5.18. Spectrum Electrical Industries's Shiller PE Ratio of today is 302.50.

During the past 11 years, the highest Shiller PE Ratio of Spectrum Electrical Industries was 487.50. The lowest was 91.76. And the median was 322.05.


Spectrum Electrical Industries E10 Historical Data

The historical data trend for Spectrum Electrical 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.

Spectrum Electrical Industries E10 Chart

Spectrum Electrical 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 - - - 3.76 5.18

Spectrum Electrical Industries Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 - 3.76 - 5.18 -

Competitive Comparison of Spectrum Electrical Industries's E10

For the Electrical Equipment & Parts subindustry, Spectrum Electrical 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.


Spectrum Electrical Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spectrum Electrical Industries's Shiller PE Ratio distribution charts can be found below:

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



Spectrum Electrical 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, Spectrum Electrical Industries's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.64/153.0345*153.0345
=12.640

Current CPI (Mar. 2024) = 153.0345.

Spectrum Electrical Industries Annual Data

per_share_eps CPI Adj_EPS
201503 1.221 97.163 1.923
201603 1.634 102.518 2.439
201703 2.313 105.196 3.365
201803 3.904 109.786 5.442
201903 4.860 118.202 6.292
202003 3.100 124.705 3.804
202103 3.910 131.771 4.541
202203 5.060 138.822 5.578
202303 5.590 146.865 5.825
202403 12.640 153.035 12.640

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


Spectrum Electrical Industries  (NSE:SPECTRUM) 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.

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

Shiller PE Ratio=Share Price/E10
=1566.95/5.18
=302.50

* 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 11 years, the highest Shiller P/E Ratio of Spectrum Electrical Industries was 487.50. The lowest was 91.76. And the median was 322.05.


Be Aware

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


Spectrum Electrical Industries E10 Related Terms

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


Spectrum Electrical Industries Business Description

Traded in Other Exchanges
N/A
Address
Office No. 501, A&B, Omega Building, 5th Floor, Omega Tower, Hiranandani Garden, Powai, Mumbai, MH, IND, 400076
Spectrum Electrical Industries Ltd is an India-based contract manufacturer and a component supplier. It is mainly engaged in the business of designing and manufacturing electrical, automobile, and irrigation components. It offers a varieties of products under the domain of the electrical component including miniature circuit breaker (MCB) base and cover, distribution board, alternating current (AC) Box, modular electric board panels, fancy angle holders, calipers, filter pumps, carrier, and filter tank. It also offers various services including surface coatings, metallic stamping, plastics molding, and designing new molds, and dies press tools. The company mainly offers its products in the Indian market and it also exports some of its products.

Spectrum Electrical Industries Headlines

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