GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Surya Roshni Ltd (NSE:SURYAROSNI) » Definitions » E10

Surya Roshni (NSE:SURYAROSNI) E10 : ₹18.30 (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Surya Roshni 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.

Surya Roshni's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹3.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹18.30 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Surya Roshni's average E10 Growth Rate was 17.60% per year. During the past 3 years, the average E10 Growth Rate was -8.60% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Surya Roshni was -8.60% per year. The lowest was -8.60% per year. And the median was -8.60% per year.

As of today (2024-12-11), Surya Roshni's current stock price is ₹588.55. Surya Roshni's E10 for the quarter that ended in Sep. 2024 was ₹18.30. Surya Roshni's Shiller PE Ratio of today is 32.16.

During the past 13 years, the highest Shiller PE Ratio of Surya Roshni was 50.16. The lowest was 8.00. And the median was 25.29.


Surya Roshni E10 Historical Data

The historical data trend for Surya Roshni'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.

Surya Roshni E10 Chart

Surya Roshni 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 - 22.12 19.33 14.41 16.94

Surya Roshni 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 15.55 16.18 16.94 17.95 18.30

Competitive Comparison of Surya Roshni's E10

For the Steel subindustry, Surya Roshni'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.


Surya Roshni's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Surya Roshni's Shiller PE Ratio distribution charts can be found below:

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



Surya Roshni 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, Surya Roshni'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)
=3.14/157.8822*157.8822
=3.140

Current CPI (Sep. 2024) = 157.8822.

Surya Roshni Quarterly Data

per share eps CPI Adj_EPS
201412 1.610 96.780 2.626
201503 1.875 97.163 3.047
201506 1.360 99.841 2.151
201509 1.475 101.753 2.289
201512 1.920 102.901 2.946
201603 2.920 102.518 4.497
201606 1.470 105.961 2.190
201609 1.495 105.961 2.228
201612 2.015 105.196 3.024
201703 2.640 105.196 3.962
201706 1.510 107.109 2.226
201709 2.165 109.021 3.135
201712 2.850 109.404 4.113
201803 3.405 109.786 4.897
201806 1.885 111.317 2.674
201809 2.310 115.142 3.167
201812 2.860 115.142 3.922
201903 4.045 118.202 5.403
201906 1.765 120.880 2.305
201909 2.065 123.175 2.647
201912 2.855 126.235 3.571
202003 2.740 124.705 3.469
202006 0.205 127.000 0.255
202009 3.850 130.118 4.672
202012 5.115 130.889 6.170
202103 5.380 131.771 6.446
202106 3.480 134.084 4.098
202109 4.075 135.847 4.736
202112 3.720 138.161 4.251
202203 7.605 138.822 8.649
202206 2.045 142.347 2.268
202209 3.125 144.661 3.411
202212 8.240 145.763 8.925
202303 14.290 146.865 15.362
202306 5.430 150.280 5.705
202309 6.990 151.492 7.285
202312 8.280 152.924 8.548
202403 9.550 153.035 9.853
202406 8.500 155.789 8.614
202409 3.140 157.882 3.140

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


Surya Roshni  (NSE:SURYAROSNI) 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.

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

Shiller PE Ratio=Share Price/E10
=588.55/18.3
=32.16

* 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 Surya Roshni was 50.16. The lowest was 8.00. And the median was 25.29.


Be Aware

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


Surya Roshni E10 Related Terms

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


Surya Roshni Business Description

Traded in Other Exchanges
Address
5, Rajendra Place, 2nd Floor, Padma Tower - 1, New Delhi, IND, 110008
Surya Roshni Ltd is an Indian-based company involved in the manufacturing and marketing of lighting and steel tube products. The business activity of the firm has functioned through Steel pipes and Strips and Lighting and consumer durables segments. The Steel Pipe and Strips segment manufacturing and sale of steel pipes, cold rolled strips, and steel structures. The Lighting and consumer durables segment is engaged in the manufacturing and sale of different varieties of Lamps, fittings, Fans, Appliances and allied items. Geographically all the business operations are operated from India, however, the business presence and the products are sold within the Indian and international markets.

Surya Roshni Headlines

No Headlines