GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » TCI Express Ltd (NSE:TCIEXP) » Definitions » E10

TCI Express (NSE:TCIEXP) E10 : ₹22.80 (As of Dec. 2024)


View and export this data going back to 2016. Start your Free Trial

What is TCI Express 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.

TCI Express's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹34.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹22.80 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 (2025-04-04), TCI Express's current stock price is ₹ 654.45. TCI Express's E10 for the fiscal year that ended in Mar. 2024 was ₹22.80. TCI Express's Shiller PE Ratio of today is 28.70.

During the past 10 years, the highest Shiller PE Ratio of TCI Express was 53.61. The lowest was 26.88. And the median was 47.33.


TCI Express E10 Historical Data

The historical data trend for TCI Express'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.

TCI Express E10 Chart

TCI Express 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 - - - - 22.80

TCI Express 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 - 22.80 - - -

Competitive Comparison of TCI Express's E10

For the Integrated Freight & Logistics subindustry, TCI Express'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.


TCI Express's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TCI Express's Shiller PE Ratio distribution charts can be found below:

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


;
;

TCI Express 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, TCI Express'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)
=34.27/153.0345*153.0345
=34.270

Current CPI (Mar. 2024) = 153.0345.

TCI Express Annual Data

per_share_eps CPI Adj_EPS
201503 0.060 97.163 0.095
201603 -0.004 102.518 -0.006
201703 9.790 105.196 14.242
201803 15.240 109.786 21.243
201903 19.000 118.202 24.599
202003 23.190 124.705 28.458
202103 26.150 131.771 30.370
202203 33.450 138.822 36.875
202303 36.200 146.865 37.721
202403 34.270 153.035 34.270

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


TCI Express  (NSE:TCIEXP) 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.

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

Shiller PE Ratio=Share Price/E10
=654.45/22.80
=28.70

* 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 TCI Express was 53.61. The lowest was 26.88. And the median was 47.33.


Be Aware

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


TCI Express E10 Related Terms

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


TCI Express Business Description

Traded in Other Exchanges
Address
Sector 32, Institutional Area, TCI House, Plot No. 69, Gurugram, HR, IND, 122001
TCI Express Ltd is a courier service company. The company provides surface express, domestic air express, international air express, reverse express, and e-commerce express. It serves industries such as automobiles, retail, telecom, pharmaceuticals, and e-commerce industries. The company's only reportable segment being Express Cargo.

TCI Express Headlines

No Headlines