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TVS Electronics (NSE:TVSELECT) E10 : ₹4.26 (As of Dec. 2024)


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What is TVS Electronics 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.

TVS Electronics's adjusted earnings per share data for the fiscal year that ended in Mar. 2024 was ₹0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹4.26 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 23.90% per year. During the past 5 years, the average E10 Growth Rate was 17.80% 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 TVS Electronics was 82.00% per year. The lowest was 13.40% per year. And the median was 23.90% per year.

As of today (2025-04-01), TVS Electronics's current stock price is ₹ 333.95. TVS Electronics's E10 for the fiscal year that ended in Mar. 2024 was ₹4.26. TVS Electronics's Shiller PE Ratio of today is 78.39.

During the past 13 years, the highest Shiller PE Ratio of TVS Electronics was 99.30. The lowest was 25.83. And the median was 73.33.


TVS Electronics E10 Historical Data

The historical data trend for TVS Electronics'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.

TVS Electronics E10 Chart

TVS Electronics 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 2.23 2.23 3.03 4.13 4.26

TVS Electronics 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 - 4.26 - - -

Competitive Comparison of TVS Electronics's E10

For the Computer Hardware subindustry, TVS Electronics'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.


TVS Electronics's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where TVS Electronics's Shiller PE Ratio falls into.


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TVS Electronics 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, TVS Electronics'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)
=0.14/153.0345*153.0345
=0.140

Current CPI (Mar. 2024) = 153.0345.

TVS Electronics Annual Data

per_share_eps CPI Adj_EPS
201503 1.240 97.163 1.953
201603 2.670 102.518 3.986
201703 3.020 105.196 4.393
201803 8.580 109.786 11.960
201903 3.990 118.202 5.166
202003 0.210 124.705 0.258
202103 0.410 131.771 0.476
202203 8.100 138.822 8.929
202303 5.110 146.865 5.325
202403 0.140 153.035 0.140

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


TVS Electronics  (NSE:TVSELECT) 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.

TVS Electronics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=333.95/4.26
=78.39

* 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 TVS Electronics was 99.30. The lowest was 25.83. And the median was 73.33.


Be Aware

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


TVS Electronics E10 Related Terms

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


TVS Electronics Business Description

Traded in Other Exchanges
Address
No. 117/1, L.B. Road, Arihant E-Park, 9th Floor, Adyar, Chennai, TN, IND, 600 020
TVS Electronics Ltd is a manufacturer and service provider of Transaction Automation IT Products. The company's operating segments include Products & Solutions; and Customer support services. The company generates maximum revenue from the Products & Solutions segment that designs, manufactures, assembles, markets, sells, and services various transaction automation products like Dot Matrix Printers, Thermal Printers, Label Printers, CCTV Cameras, Mechanical Keyboards, Membrane Keyboards, Mouse, Barcode Scanners, Electronic Cash Registers and Currency Counting Machines. The company provides services for products such as IT products, Telecom, Banking, Retail Automation, Consumer Electronics, and Security Devices.

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