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Tamilnadu Telecommunications (NSE:TNTELE) E10 : ₹-4.07 (As of Jun. 2024)


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What is Tamilnadu Telecommunications 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.

Tamilnadu Telecommunications's adjusted earnings per share data for the three months ended in Jun. 2024 was ₹-0.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-4.07 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average E10 Growth Rate was 0.60% 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 Tamilnadu Telecommunications was 0.60% per year. The lowest was 0.60% per year. And the median was 0.60% per year.

As of today (2024-09-21), Tamilnadu Telecommunications's current stock price is ₹10.57. Tamilnadu Telecommunications's E10 for the quarter that ended in Jun. 2024 was ₹-4.07. Tamilnadu Telecommunications's Shiller PE Ratio of today is .


Tamilnadu Telecommunications E10 Historical Data

The historical data trend for Tamilnadu Telecommunications'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.

Tamilnadu Telecommunications E10 Chart

Tamilnadu Telecommunications 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 - -4.08 -3.76 -3.91 -4.01

Tamilnadu Telecommunications Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -3.95 -4.01 -4.01 -4.01 -4.07

Competitive Comparison of Tamilnadu Telecommunications's E10

For the Communication Equipment subindustry, Tamilnadu Telecommunications'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.


Tamilnadu Telecommunications's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Tamilnadu Telecommunications 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, Tamilnadu Telecommunications's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.71/155.7889*155.7889
=-0.710

Current CPI (Jun. 2024) = 155.7889.

Tamilnadu Telecommunications Quarterly Data

per share eps CPI Adj_EPS
201409 -0.432 96.780 -0.695
201412 -0.642 96.780 -1.033
201503 -0.258 97.163 -0.414
201506 -0.790 99.841 -1.233
201509 -0.780 101.753 -1.194
201512 -0.790 102.901 -1.196
201603 -1.130 102.518 -1.717
201606 -1.000 105.961 -1.470
201609 -0.960 105.961 -1.411
201612 -0.800 105.196 -1.185
201703 -2.760 105.196 -4.087
201706 -0.780 107.109 -1.135
201709 -0.740 109.021 -1.057
201712 -0.780 109.404 -1.111
201803 -0.840 109.786 -1.192
201806 -0.830 111.317 -1.162
201809 -0.830 115.142 -1.123
201812 -0.830 115.142 -1.123
201903 -0.950 118.202 -1.252
201906 -0.730 120.880 -0.941
201909 -0.680 123.175 -0.860
201912 -0.690 126.235 -0.852
202003 -0.980 124.705 -1.224
202006 -0.600 127.000 -0.736
202009 -0.560 130.118 -0.670
202012 -0.560 130.889 -0.667
202103 -0.450 131.771 -0.532
202106 -0.600 134.084 -0.697
202109 -0.560 135.847 -0.642
202112 -0.560 138.161 -0.631
202203 -0.590 138.822 -0.662
202206 -0.540 142.347 -0.591
202209 -0.610 144.661 -0.657
202212 -0.610 145.763 -0.652
202303 -0.830 146.865 -0.880
202306 -0.680 150.280 -0.705
202309 -0.700 151.492 -0.720
202312 -0.680 152.924 -0.693
202403 -1.140 153.035 -1.161
202406 -0.710 155.789 -0.710

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


Tamilnadu Telecommunications  (NSE:TNTELE) 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.


Be Aware

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


Tamilnadu Telecommunications E10 Related Terms

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


Tamilnadu Telecommunications Business Description

Traded in Other Exchanges
Address
Plot Number E18B-E24, Maraimalai Nagar, CMDA Industrial Complex, Chennai, TN, IND, 603 209
Tamilnadu Telecommunications Ltd is an India-based company engaged in manufacturing optical fiber cables (OFC) for telecommunications. Its product includes nylon jacketed metal-free duct cables; armoured cables for direct burial; aerial cables/ADSS cables; composite cables and ribbon cables.

Tamilnadu Telecommunications Headlines

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