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Tejas Networks (NSE:TEJASNET) E10 : ₹5.65 (As of Mar. 2025)


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What is Tejas Networks 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.

Tejas Networks's adjusted earnings per share data for the three months ended in Mar. 2025 was ₹-4.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹5.65 for the trailing ten years ended in Mar. 2025.

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 (2025-06-23), Tejas Networks's current stock price is ₹701.50. Tejas Networks's E10 for the quarter that ended in Mar. 2025 was ₹5.65. Tejas Networks's Shiller PE Ratio of today is 124.16.

During the past 13 years, the highest Shiller PE Ratio of Tejas Networks was 152.19. The lowest was 120.26. And the median was 129.93.


Tejas Networks E10 Historical Data

The historical data trend for Tejas Networks'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.

Tejas Networks E10 Chart

Tejas Networks Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 5.65

Tejas Networks Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - 5.65

Competitive Comparison of Tejas Networks's E10

For the Communication Equipment subindustry, Tejas Networks'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.


Tejas Networks's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tejas Networks's Shiller PE Ratio distribution charts can be found below:

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


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Tejas Networks 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, Tejas Networks's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-4.29/157.5517*157.5517
=-4.290

Current CPI (Mar. 2025) = 157.5517.

Tejas Networks Quarterly Data

per share eps CPI Adj_EPS
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201606 -0.310 105.961 -0.461
201609 2.670 105.961 3.970
201612 1.880 105.196 2.816
201703 9.620 105.196 14.408
201706 2.650 107.109 3.898
201709 2.840 109.021 4.104
201712 3.160 109.404 4.551
201803 3.040 109.786 4.363
201806 4.700 111.317 6.652
201809 3.480 115.142 4.762
201812 3.410 115.142 4.666
201903 3.790 118.202 5.052
201906 0.610 120.880 0.795
201909 -0.470 123.175 -0.601
201912 -12.160 126.235 -15.177
202003 -13.730 124.705 -17.346
202006 -1.060 127.000 -1.315
202009 0.490 130.118 0.593
202012 0.970 130.889 1.168
202103 3.560 131.771 4.257
202106 0.780 134.084 0.917
202109 0.300 135.847 0.348
202112 -2.130 138.161 -2.429
202203 -4.680 138.822 -5.311
202206 -0.450 142.347 -0.498
202209 -0.210 144.661 -0.229
202212 -0.990 145.763 -1.070
202303 -0.810 146.865 -0.869
202306 -1.560 150.280 -1.635
202309 -0.740 151.492 -0.770
202312 -2.640 152.924 -2.720
202403 8.600 153.035 8.854
202406 4.440 155.789 4.490
202409 15.750 157.882 15.717
202412 9.220 158.323 9.175
202503 -4.290 157.552 -4.290

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


Tejas Networks  (NSE:TEJASNET) 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.

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

Shiller PE Ratio=Share Price/E10
=701.50/5.65
=124.16

* 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 Tejas Networks was 152.19. The lowest was 120.26. And the median was 129.93.


Be Aware

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


Tejas Networks E10 Related Terms

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


Tejas Networks Business Description

Traded in Other Exchanges
Address
Hosur Road, Electronic City, Phase 1, J.P. Software Park, Plot No. 25, 5th Floor, Survey No. 13, 14, 17,18, Konnapana Agrahara Village, Begur Hobli, Bengaluru, KA, IND, 560100
Tejas Networks Ltd is an optical and data networking products company. The company designs, develops, and manufactures high-performance products for building high-speed communication networks that carry voice, data, and video traffic from fixed-line, mobile, and broadband networks. It serves telecommunications service providers, internet service providers, utilities, defense, and government entities. It derives a majority of its revenue from India and the rest from International markets.

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